Business

Seas E-commerce Unit Shopees Monetisation Play Looks Promising

Sea Ltd’s e-commerce platform Shopee’s widening losses may have offset the popular gaming division’s strong perfo... Read more

Chinese Property Platform Beike Nets $2.41b In Series D+ Round Ahead Of HK IPO

Beike Zhaofang, a Chinese real-estate brokerage platform also known as Ke.com, has garnered $2.414 billion in a Series ... Read more

Chinas Elegant Home-Tech Eyes $144m IPO In Shanghai

Elegant Home-Tech, a Chinese PVC plastic flooring production and export business, is targeting to raise about 1 billion... Read more

HK Exchange Tells IPO Hopefuls To Detail Impact Of Virus

Hong Kong‘s stock exchange has told companies looking to list in Asia’s biggest IPO centre to disclose the impact ... Read more

Shenzhen-listed IFlytek Reveals 1.19% Stake In AI Chip Unicorn Cambricon

Chinese state-backed voice recognition giant iFlytek has revealed a 1.19 per cent stake in Cambricon Technologies, the ... Read more

Vietnams Masan Group To Offer Up To $431m Of Bonds In 2020

Masan Group plans to issue up to 10 trillion dong ($431.5 million) of bonds next year to expand its business, lend to u... Read more

Oman-India PE Fund Invests $14m In Prince Pipes IPO

Private equity firm Oman India Joint Investment Fund (OIJIF) has picked up a 5% stake in Prince Pipes and Fitting Ltd f... Read more

Chinese Vaping Device Maker Smoore Files For HK IPO Amid Industry Scrutiny

Chinese vaping device manufacturer Smoore has filed for an initial public offering (IPO) in Hong Kong on late Thursday,... Read more

ChemChina Seeks Funding From State-backed Firms Ahead Of Syngenta IPO

China National Chemical Corp, or ChemChina, has approached Chinese state-backed investors for up to $10 billion in fund... Read more

India: Essar Verdict May Drive More Investments Into Distressed Assets Space

The recent verdict of the Supreme Court on Essar Steel’s insolvency resolution process, which upheld the primacy of ... Read more

StanChart Pulls Financing For Three SE Asian Coal Projects Worth $7b

Standard Chartered has pulled financing for three coal-fired power plants in Southeast Asia amid a global push to cut ... Read more

Chinas Online Property Brokerage Platform Beike Mulls $1b IPO In 2020

Beike Zhaofang, a Chinese online property brokerage platform backed by Tencent Holdings Ltd., is considering an initial... Read more

Singapores Aztech Said To Weigh $300m IPO Of Tech Unit

Aztech Group Ltd., a Singapore-based conglomerate, is considering a listing of its technology unit on the country’s s... Read more

Chinese AI-based App Developer Newborn Town Files For Hong Kong IPO

China’s AI-driven mobile app developer and advertising platform Newborn Town has announced that it plans to raise up ... Read more

SE Asia Defies Global IPO Slump As Bourses See Rise In Deals, Value: EY

Southeast Asia’s bourses saw a four-per cent rise in IPO deal volume and 11 per cent growth in value this year from a... Read more