Search Results for:Crystal Tse

Taiwan’s live streaming platform M17 cancels IPO, raises $35m in private round

M17, formed by merger of Taiwan’s 17 Media and Singapore’s Paktor, was hoping to raise $60m through its IPO on NYSE.


China’s Jiangxi Bank pulls Citic, Dianrong to buy 55% of $993 HK IPO

Jiangxi Bank expects to price the offering around June 19 and start trading June 26.


Chinese delivery giant Meituan said to plan $6b HK IPO filing this month

Meituan was most recently valued at $30 billion, making it the world’s fourth most valuable startup, according to CB Insights.


China phone giant Xiaomi may be twice as expensive as Apple

Xiaomi Corp. deserves to trade at a premium to global phone brands due to its market-share gains and faster growth trajectory, according to research from Morgan Stanley, one of banks leading its Hong Kong IPO.


Alvotech said to consider $350m fundraising ahead of Hong Kong IPO

The firm, which is a sister company of CVC Capital-backed generic drugmaker Alvogen, is considering a Hong Kong listing as soon as next year.


Tencent-backed Chinese electric vehicle firm NIO to file for IPO

NIO plans to take investor orders for the offering as soon as this summer or early autumn.


Xiaomi to seek Hong Kong exchange approval on June 7 for $10b IPO

Xiaomi, led by serial entrepreneur Lei Jun, is one of the most anticipated deals in what’s expected to be a banner year for Hong Kong IPOs. The listing, which could become the world’s biggest first-time share sale since 2014, is expected to mint dozens of new millionaires from the early employees who bought stock in Xiaomi.


US-based Stealth BioTherapeutics eyes Hong Kong IPO this year

Hong Kong now accepts applications from firms with different share classes as well as from unprofitable biotech businesses, a revision intended to attract earlier-stage developers like Stealth.


Summit Power is the latest in Singapore’s growing pile of shelved IPOs

While some deals in Singapore are struggling to get done, investors have been piling into equity offerings in nearby Vietnam.


Ping An Good Doctor launches up to $1.1b HK IPO, attracts investors GIC, Khazanah

Seven cornerstone investors agreed to buy about $550 million of stock