Search Results for:Crystal Tse

Chinese electric scooter startup Niu raises $63m in downsized US IPO

Niu had been marketing a sale of 8.3 million shares at $9 to $10 apiece, after initially offering them at $10.50 to $12.50 each.


Thai billionaire said to eye $1.5b IPO for property unit

Charoen Sirivadhanabhakdi’s TCC Group aims to list its Asset World Corp. unit in Bangkok next year.


Jefferies hires JPMorgan Asia healthcare banker Jun Wu

Healthcare coverage has become more vital for investments banks in the region after HK changed its listing rules.


Midea Real Estate seeks up to $493m in Hong Kong IPO

Youngor Group Co. and Foshan Yesheng Investment Co. agreed to buy about $178 million of stock as cornerstone investors.


Chinese medical researcher WuXi AppTec said to file for $1b HK offering

WuXi AppTec, which previously traded on the New York Stock Exchange, was taken private in 2015 in a $3.3 billion deal by founder Ge Li and a group of investors including Ally Bridge Group and Hillhouse Capital.


Ant Financial said to have roped in Deutsche Bank exec to run new fund

The Chinese financial services giant is looking for deals to build its presence abroad, acquiring technology and investing in local payment services in Southeast Asia, Korea and India.


I-bank China Renaissance to raise up to $377m via HK IPO

China Renaissance, founded in 2005 by former Morgan Stanley banker Bao Fan, is an early investor in a number of Chinese technology companies including Meituan Dianping.


Altaba to raise $4.3b by exiting Yahoo Japan stake

Altaba is Yahoo Japan’s second-largest shareholder with a 23.9 percent stake, trailing only SoftBank Group Corp.


China’s top hotpot chain Haidilao attracts Hillhouse Capital to $963m IPO

Cornerstone investors including Chinese investment firm Hillhouse Capital and Morgan Stanley have agreed to buy a combined $375 million of stock in the offering


Chinese payments firm YeePay said to plan $200m Hong Kong IPO

TA Associates and Hong Kong-listed equipment lessor Far East Horizon Ltd. bought a stake in the firm in 2015.