India
FirstCry is said to withdraw its IPO papers, make changes and refile them as early as next week,
As new regulations take shape, will Indonesian investors' interest in crypto hold?
PE firm L Catterton buys into Italy's affordable cosmetics brand KIKO in $1.5b deal
Apple renews talks with OpenAI for iPhone generative AI features: report
Alphabet, Microsoft earnings show hefty AI bets are driving growth
Shanghai presses ahead into secondary market with new 10b yuan fund
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Decarbonization Partners hits final close of debut fund at $1.4b, surpasses target
Singapore’s Keppel set to raise over $2.7b across three funds this year
Schroders Capital’s $12.3b renewables arm to make next move in Asia
After blistering growth, Indonesia’s data centre firms shift focus to stability, margins
Vietnam-based Masan’s FMCG unit weighs IPO among fundraising options
Swiggy’s backers include Prosus, Accel, SoftBank, and Invesco among several others.
Vietnam
The company is currently valued at roughly $4 billion.
JioCinema has become popular for showing the IPL cricket tournament for free.
Greater China
Tea chain ChaPanda and Tianjin Construction Development had flopped earlier.
Its $330m IPO is the largest in Hong Kong so far in 2024.
World
After a two-year dry spell, US IPOs are expected to rebound in 2024.
Many Chinese funds want to get exposure to European and US investors and also need to build offshore structures.
The purchases helped China’s CSI300 blue-chip index bounce back roughly 14% from five-year lows hit in Feb.
The investment link between mainland China and HK will be broadened to include REITs and yuan stocks.