Business

ADIA Weighs Investment Of At Least $1b In Aramco IPO

Abu Dhabi Investment Authority (ADIA) is weighing an investment of at least $1 billion in the initial public offering (... Read more

Retail Subscription For Aramco IPO Touches $7.21b

Retail subscription for Saudi Aramco’s initial public offering (IPO) reached 27.04 billion Saudi riyals ($7.21 billio... Read more

NYSE Seeks To Allow Firms To Raise Capital Via Direct Listings Instead Of IPOs

The New York Stock Exchange (NYSE) said on Tuesday it had filed with the U.S. Securities and Exchange Commission to all... Read more

Investors In China Cant Wait To Finally Own Alibaba Shares

Most mainland investors can still only watch gains in Alibaba Group Holding Ltd., as China’s most valuable technology... Read more

Abu Dhabi Said To Eye Up To $1.5b Aramco IPO Stake

Abu Dhabi is planning to put as much as $1.5 billion into Saudi Aramco’s initial public offering, as the oil giant ta... Read more

Malaysian Carrier U Mobile Targets To Raise $500m In IPO

U Mobile Sdn., a Malaysian mobile service provider, is planning to raise about $500 million in an initial public offeri... Read more

Alibaba Shares Rise 6.6% On Debut In Hong Kong

Alibaba Group’s Hong Kong shares closed their first trading session up 6.6% from the issue price after this year’s ... Read more

China Bottled Water Giant Nongfu Spring Prepares For $1b HK IPO

Nongfu Spring Co., one of China’s biggest bottled water and beverage companies, is planning an initial public offerin... Read more

Saudi Oil Giant Aramco Meets ADIA, Abu Dhabi Funds In Share Sale Pitch

Saudi Aramco‘s executives met officials of Abu Dhabi Investment Authority (ADIA) on Monday to discuss a potential inv... Read more

AIA Shares Rise In HK As Investors Welcome New CEO

AIA Group Ltd. shares rose in Hong Kong trading as investors welcomed the appointment of a new chief executive officer,... Read more

Indian Market Regulator Seeks To Impose Limits On Brokers After Karvy Issue

The Securities and Exchange Board of India (Sebi) is examining if brokers should be barred from offering clearing and s... Read more

Chinese Gene Testing Firm Genetron Files For US IPO

Right after raising $71 million in a new funding round, Beijing-based gene testing firm Genetron has filed for an initi... Read more

Aramco Markets IPO In Dubai After Approaching Kuwait Wealth Fund

Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying to secure deman... Read more

Thai Distressed Asset Manager BAM Plans To Raise Up To $888m In IPO

Bangkok Commercial Asset Management (BAM), Thailand’s largest distressed debt management company, is pricing shares f... Read more

Malaysian State Energy Firm Petronas Not To Participate In Aramco IPO

Malaysian state energy company Petronas said on Friday it will not participate in Saudi Aramco’s initial public offer... Read more