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IPO

Ripple’s Garlinghouse confirms IPO plans are on hold for now

by Isaac Wright
Ripple’s Garlinghouse confirms IPO plans are on hold for now

Fintech firm Ripple has put its plans to become a public company on hold after exploring markets outside the U.S. The San Francisco-headquartered company Ripple has paused its plans for …

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Circle confidentially files for IPO following banner year for crypto

by Edgar Davis
Circle confidentially files for IPO following banner year for crypto

A woman holds a smartphone with the USD Coin logo displayed on the screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Circle, the issuer of the USDC …

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Hong Kong seen among five busiest IPO venues in 2024 with proceeds doubling to US$12.8 billion, KPMG forecasts

by Anas Siddiqui
Hong Kong seen among five busiest IPO venues in 2024 with proceeds doubling to US.8 billion, KPMG forecasts

New stock offerings in Hong Kong are expected to generate more than double the amount of funds for companies this year, making the city’s stock exchange one of the five …

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Chinese AI firm iFlyTek’s healthcare unit plans Hong Kong IPO, sparking hopes that spin-offs fuel a turnaround in slumping listings market

by Anas Siddiqui
Chinese AI firm iFlyTek’s healthcare unit plans Hong Kong IPO, sparking hopes that spin-offs fuel a turnaround in slumping listings market

Chinese artificial intelligence (AI) company iFlyTek said it plans to spin off its healthcare services subsidiary, iFlyHealth, with a listing in Hong Kong. Shenzhen-listed iFlyTek said the initial size of …

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LianLian applies to revive its Hong Kong IPO as Ant Group’s rival takes a second stab at raising funds

by Anas Siddiqui
LianLian applies to revive its Hong Kong IPO as Ant Group’s rival takes a second stab at raising funds

LianLian DigiTech has applied to revive its initial public offering (IPO) in Hong Kong, as the provider of cashless payment services and competitor to Ant Group takes a second stab …

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Hong Kong stocks snap 5-day slump as China rate-cut hopes as Alibaba, HSBC help lift market from 13-month low

by Anas Siddiqui
Hong Kong stocks snap 5-day slump as China rate-cut hopes as Alibaba, HSBC help lift market from 13-month low

Hong Kong stocks advanced after Beijing hinted at more policy support to shore up the nation’s faltering economic growth. Three companies started trading for the first time, with two of …

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IPOs: Hong Kong’s GEM reforms likely to end second board’s 3-year drought, but will not be game-changers, analysts say

by Anas Siddiqui
IPOs: Hong Kong’s GEM reforms likely to end second board’s 3-year drought, but will not be game-changers, analysts say

“The HKEX listing reforms on GEM are a good gesture to draw attention to the second board, which will help attract some smaller players to consider listing,” said Tom Chan …

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A Stripe secondary deal worth paying attention to

by Edgar Davis
A Stripe secondary deal worth paying attention to

Venture capitalists and founders are hoping — praying? — for exits to pick back up in 2024. A recent TechCrunch+ survey found that there is consensus among VCs that exits will start …

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Hong Kong’s first IPO of the year makes weak trading debut as RoboSense Technology shares drop in a tepid market

by Anas Siddiqui
Hong Kong’s first IPO of the year makes weak trading debut as RoboSense Technology shares drop in a tepid market

Shares of RoboSense Technology, a Chinese maker of sensors for self-driving cars, fell on their Hong Kong trading debut on Friday after the company made the city’s first initial public …

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Robosense Technology IPO debuts in Hong Kong, the first in 2024

by Horatio Thompson
Robosense Technology IPO debuts in Hong Kong, the first in 2024

A Robosense Lidar camera sits on a Hanteng Auto e+ Pilot autonomous vehicle on display at the Auto Shanghai 2019 show in Shanghai, China, on Wednesday, April 17, 2019. China’s …

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