Business

SoftBank-backed OneConnect Downsizes IPO By 28%, Lowers Target Valuation

Ping An Insurance’s OneConnect Financial Technology on Wednesday downsized its planned U.S. initial public offering b... Read more

Indonesias WIR Group Plans To Raise Up To $50m In IPO Next Year

WIR Group, that leads a slew of media and technology companies in Southeast Asia, is looking to raise $40-50 million th... Read more

Chinas Shared Workspace Provider Ucommune Files For US IPO

China’s biggest shared workspace provider Ucommune on Wednesday filed paperwork with the U.S. securities regulator fo... Read more

Saudi Aramco Shares Surge 10% On Riyadh Listing Debut

Saudi Aramco shares surged the maximum permitted 10% above their initial public offering (IPO) price on their Riyadh st... Read more

Canadian Tycoon Who Wants To Save Indias Yes Bank Has A Story Worthy Of Netflix

Erwin Singh Braich, the mysterious tycoon behind a $1.2 billion bid to rescue a beleaguered Indian bank, says he is Can... Read more

Next Wave Of Technology Unicorn Listings Could Be In India

India’s stock markets are set for a wave of unicorn listings, according to technology venture capitalist and former I... Read more

Postal Savings Banks Tepid Shanghai Debut Highlights Chinese Bank Woes

Shares in Postal Savings Bank of China (PSBC) made a subdued Shanghai debut on Tuesday after a $4 billion share sal... Read more

Chinese Heart Valve Device Maker Venus Medtech Nabs $308m In HK IPO

Venus Medtech, a Chinese company that produces heart valve replacement devices, has raised HK$2.41 billion ($308 millio... Read more

Saudi Aramco IPO Proceeds Rise To $29.4b After Option Exercised

The proceeds from Saudi Aramco’s record initial public offering have risen to $29.4 billion after the oil company exe... Read more

Chinese Tech-driven Fresh Products Provider Loha Files For $38m Nasdaq IPO

Loha Co. Ltd, a Chinese technology-driven fresh products distributor and smart retailer, has filed for an initial publi... Read more

Pharma Companies Set To Raise $5b In Hong Kong IPOs This Year

Venus Medtech (Hangzhou) Inc.’s shares have been selling like hot cakes, as Hong Kong investors vie for a piece of ne... Read more

Shelved 2019 US Listings Create A Crowded Field For Next Year

More and more companies are putting plans for U.S. initial public offerings (IPO) on ice this year because of investor ... Read more

Sequoia-backed Chinese Chemicals Platform MOLBASE Files For US IPO

Molecular Data Inc (MOLBASE), China’s e-commerce platform catering to the chemicals industry, has filed with the Secu... Read more

India: Investor Interest In Primary Market Surges On Robust Returns From IPOs

Initial public offerings (IPOs) are witnessing robust demand as investors remain bullish on the primary market, which... Read more

Indian Chemicals Maker Rossari Biotech Eyes Up To $100m IPO

Rossari Biotech, a Mumbai-based speciality chemicals maker with focus on textile, home and personal care products and a... Read more