Business

Thai Distressed Asset Firm BAM Seeks To Raise $1.2b In IPO

State-owned Bangkok Commercial Asset Management Pcl, Thailand’s biggest manager of distressed assets, is looking to ... Read more

Why Is Chinese E-commerce Giant Alibaba Listing In Hong Kong?

Chinese e-commerce giant Alibaba is set to price its first share sale in Hong Kong next week, raising up to $13.4 billi... Read more

Temasek Foundation-backed Phononic Seeks To Reinvent Outdoor Fan

A start-up backed by Singapore’s state investment firm is trying to make staying cool in the tropics a little greener... Read more

Alibaba Sets Retail Price For Mega HK Share Sale, Eyes At Least $12b

Alibaba Group Holding Ltd. priced the retail portion of its Hong Kong share sale Friday, issuing an appeal to retail in... Read more

Philippine F&B Kiosk Operator Fruitas Prices IPO, Trims Target To $20m

Fruitas Holdings Inc, a food and beverage kiosk operator in the Philippines, on Thursday priced its initial public offe... Read more

Alibaba Said To Take The Paperless Listing Route For Hong Kong Share Sale

Alibaba‘s planned $13.4 billion share sale will be Hong Kong’s first paperless stock market listing, a source with ... Read more

Activist Fund Quarz Says Singapores Sabana, ESR-REIT Should Merge

Sabana Shari’ah Compliant Industrial REIT and ESR-REIT, two Singapore-listed real estate investment trusts, are being... Read more

India Digest: MedPlus Plans IPO; Sachin Bansal Invests In Navi; Govt Eyes Defence Startups

MedPlus Health Services Pvt. Ltd plans to raise about $97 million (Rs 700 crore) via an initial public offering (IPO). ... Read more

WeWorks China Rival Ucommune Targets US Listing In December

Ucommune, the largest rival to WeWork in China, plans an initial public offering in the U.S. in December even as the be... Read more

Morgan Stanley Offers $1t Aramco Spread Post Multiple Scenario Evaluation

Morgan Stanley is one of the most bearish — and bullish — on Saudi Aramco’s valuation. In a presentation for inve... Read more

Chinese Insurer Ping Ans Fintech Arm OneConnect Files For US IPO

OneConnect Financial Technology, the fintech unit of China’s largest insurer Ping An Insurance, announced on Wednesda... Read more

Chinas Alibaba Launches Hong Kong Listing To Raise Up To $13.4b

Chinese e-commerce giant Alibaba Group launched the share sale for its Hong Kong listing on Wednesday, braving unrest... Read more

Alibaba Secures Hong Kong Exchange Approval For Mega Listing

Alibaba Group Holding Ltd. has won approval to forge ahead with a Hong Kong share sale that could raise at least $10 bi... Read more

Singapores Temasek Mulls First Euro-bond Sale Since 2016

Singapore’s Temasek Holdings Pte is eyeing its first euro-bond sale in almost four years, as low borrowing costs draw... Read more

Oil giant Aramco Listing A Critical Test For Young Saudi Exchange

The imminent listing of oil giant Aramco will be a pivotal moment for Saudi Arabia’s young and untested Tadawul stock... Read more