IPOs & Markets
The win for Nasdaq is also less sweet than it would have been six months ago, when WeWork was still touting a $47 billion valuation in the private mar
The startup is said to be raising over $1 billion at a $25 billion valuation in a pre-IPO round mostly from Tencent.
Topsports will be one of the first major companies to test the Hong Kong IPO market in September with protests still roiling the city.
The share sale will likely take place next year and could value Blued at around $1 billion.
Henlius plans to use the IPO proceeds to fund clinical trials and for general corporate purposes.
TAB Food Investments is considering a listing of the Chinese business, which runs more than 1,000 Burger King outlets in the country.
The firm is working with financial advisers on the US share sale that could raise about $200 million.
The debut crash adds to the poor performance of Chinese companies that have gone public this year in the US.
Instead of raising $500 million by selling 33.3 million ADS for $12-15 each, Wanda Sports is now shooting for 28 million shares at $9-11 to raise as m
Shekou’s offering would be the first REIT listing in HK since Spring Real Estate Investment Trust raised $216 million in 2013.
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