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IPO

Guzman y Gomez shares soar more than 39% on trading debut

by Ron Morgan
Guzman y Gomez shares soar more than 39% on trading debut

An exterior view of the Guzman Y Gomez Mexican Kitchen on June 13, 2024 in Port Macquarie, Australia.  James D. Morgan | Getty Images News | Getty Images Mexican-themed fast-food …

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Golden Goose postpones Milan IPO citing political turmoil in Europe

by Ron Morgan
Golden Goose postpones Milan IPO citing political turmoil in Europe

An employee adjusts a sneaker display inside a Golden Goose SpA store in the Mayfair district of London, UK, on Monday, Dec. 4, 2023. Roughly a dozen banks competed for …

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Chinese ride-hailing giant Didi Chuxing says it has no timetable for Hong Kong IPO

by Anas Siddiqui
Chinese ride-hailing giant Didi Chuxing says it has no timetable for Hong Kong IPO

Chinese ride-hailing giant Didi Chuxing, whose New York initial public offering (IPO) in 2021 triggered a cybersecurity investigation by mainland authorities that led to its delisting and a $1.2 billion …

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Hong Kong IPO market finds ‘positivity’ after slow first half of 2024 as deal pipeline fills

by Anas Siddiqui
Hong Kong IPO market finds ‘positivity’ after slow first half of 2024 as deal pipeline fills

Initial public offering (IPO) activity in Hong Kong is gearing up for a busier second half of the year, shaking off a slow first six months as more Chinese companies …

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As Shein heads towards IPO, its Chinese billionaire founder stays under cloak of secrecy

by Anas Siddiqui
As Shein heads towards IPO, its Chinese billionaire founder stays under cloak of secrecy

According to multiple people who worked with Xu, the Chinese billionaire has decided to stay away from the limelight because of his personality and the belief that any attention drawn …

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Bonnie Chan lauds ‘resilience’ of HKEX as new listing rules boost pace of Hong Kong’s IPOs

by Anas Siddiqui
Bonnie Chan lauds ‘resilience’ of HKEX as new listing rules boost pace of Hong Kong’s IPOs

Hong Kong’s capital market, which had wallowed in a bear market for three years during the Covid-19 pandemic, has picked up since Chan’s appointment. The city’s benchmark Hang Seng Index …

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QuantumPharm soars in Hong Kong trading debut as traders bet on AI-backed drug researcher

by Anas Siddiqui
QuantumPharm soars in Hong Kong trading debut as traders bet on AI-backed drug researcher

QuantumPharm’s shares soared on their trading debut in Hong Kong, as traders piled into the stock even before the AI-powered pharmaceuticals researcher posted any profit. Listed under the stock code …

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Stanley Ho’s youngest son Mario sets sights on China’s first esports IPO in the US

by Anas Siddiqui
Stanley Ho’s youngest son Mario sets sights on China’s first esports IPO in the US

NIP is a Cayman Islands-based holding company, with operations primarily conducted through two wholly-owned subsidiaries: Ninjas in Pyjamas Gaming in Sweden, which is engaged in esports teams operations; and Wuhan …

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Tempus soars 15% on the first day of trading, demonstrating investor appetite for a health tech with a promise of AI

by Edgar Davis
Tempus soars 15% on the first day of trading, demonstrating investor appetite for a health tech with a promise of AI

Tempus, a genomic testing and data analysis company started by Eric Lefkosky, who previously founded Groupon, debuted on Nasdaq on Friday, rose about 15% on the opening.  The company priced …

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Google-backed Tempus AI pops by as much as 15% in Nasdaq debut

by Walter Watson
Google-backed Tempus AI pops by as much as 15% in Nasdaq debut

Tempus AI, a health-care diagnostics company that uses AI to interpret medical tests to help physicians provide more accurate treatment for their patients, rose by as much as 15% in …

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