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IPO

Chinese tech stars Alibaba, JD fuel convertible bond surge, likely ‘precursor’ to IPO rush

by Anas Siddiqui
Chinese tech stars Alibaba, JD fuel convertible bond surge, likely ‘precursor’ to IPO rush

A recent boom in convertible bond sales is kindling hopes that Hong Kong’s capital market is warming up after a years-long chill, with Wall Street banks readying themselves to bask …

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Mahindra Group to focus on delivering scale over next decade: MD & CEO Anish Shah

by Horatio Thompson
Mahindra Group to focus on delivering scale over next decade: MD & CEO Anish Shah

New Delhi: Farm equipment to aerostructure conglomerate Mahindra Group will focus on delivering scale with its businesses that it ‘believes’ will cover 70 per cent of India’s growth over the …

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Shanghai bourse bars chip maker S2C from listing for 5 years for falsely inflating profit

by Ron Morgan
Shanghai bourse bars chip maker S2C from listing for 5 years for falsely inflating profit

The chip maker fabricated its results by forging transactions, confirming its earnings in advance, and reporting lower costs for the period, the exchange said on Tuesday, adding that the actions …

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QuantumPharm becomes Hong Kong’s third-largest IPO of 2024 after pricing shares at HK$5.28

by Anas Siddiqui
QuantumPharm becomes Hong Kong’s third-largest IPO of 2024 after pricing shares at HK.28

Tencent-backed QuantumPharm, an artificial intelligence (AI) drug researcher, has become Hong Kong’s third-largest listing of the year after pricing its initial public offering (IPO) at the low end of the …

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Computing firm to raise $211 million

by Walter Watson
Computing firm to raise 1 million

A Raspberry Pi 2 Model B single-board computer. Olly Curtis | Future Publishing | Future | Getty Images British computing startup Raspberry Pi on Tuesday is set to raise £166 …

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Hyundai Motor gearing up to drive into Indian capital market

by Horatio Thompson
Hyundai Motor gearing up to drive into Indian capital market

The Indian unit of Korea’s Hyundai Motor is likely to file a draft red herring prospectus (DRHP) with market regulator Sebi over the next two weeks, initiating the process for …

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Hyundai Motor gearing up to drive into Indian capital market

by Horatio Thompson
Hyundai Motor gearing up to drive into Indian capital market

The Indian unit of Korea’s Hyundai Motor is likely to file a draft red herring prospectus (DRHP) with market regulator Sebi over the next two weeks, initiating the process for …

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China’s secondary private equity market gains favour amid low valuations, exits

by Anas Siddiqui
China’s secondary private equity market gains favour amid low valuations, exits

Global investors are increasingly interested in gaining exposure to China through secondary private equity investments amid US-China tensions and a market slump that has squashed valuations, according to industry participants. …

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Tencent-backed QuantumPharm on track to become Hong Kong’s second-biggest IPO of the year

by Anas Siddiqui
Tencent-backed QuantumPharm on track to become Hong Kong’s second-biggest IPO of the year

QuantumPharm received about HK$4.3 billion of orders based on 12 major brokers’ margin lending to clients for the retail tranche of its IPO when the books closed at noon on …

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Tencent-backed AI firm QuantumPharm seeks to raise funds, marking a milestone for Hong Kong’s pre-revenue IPO rules

by Anas Siddiqui
Tencent-backed AI firm QuantumPharm seeks to raise funds, marking a milestone for Hong Kong’s pre-revenue IPO rules

Tencent-backed artificial intelligence (AI) drug researcher QuantumPharm is raising up to HK$1.13 billion (US$144.5 million) in a Hong Kong initial public offering (IPO) from Tuesday, eyeing the first listing under …

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