Search Results for:Crystal Tse

China’s top movie ticketing app Maoyan Weying said to plan $1b IPO in HK

The company, which also helped fund the latest “Transformers” movie, is targeting a listing later this year.

Malaysia: Axiata shares climb as carrier said to consider $500m tower IPO

The KL-based company may invite banks to formally pitch for a role on the deal this quarter.

Sunac China raises $1b in upsized share placement

Sunac, one of China’s most aggressive dealmakers, sought funds after its shares have surged about 447 percent this year. The developer last month threw Leshi Internet Information & Technology a lifeline that includes loans of about $270 million.

China’s Midea Group eyeing IPO of $12b real estate arm

Guangdong Midea Property Co. has been speaking with investment banks about a potential Hong Kong share sale that could take place in 2018.

China online lender LexinFintech said to mull fate of $500m IPO

The company aims to decide whether to imminently start its IPO roadshow or wait when market sentiment may be better.

Credit Suisse, Li Ka-shing-backed HK fintech WeLab said to plan $500m IPO

Other backers include Malaysian sovereign wealth fund Khazanah, Sequoia Capital, IFC and Alibaba Entrepreneurs Fund.

KKR said to raise $299m paring stake in China’s Qingdao Haier

KKR agreed to buy a 10% stake in Qingdao Haier in 2013 for 3.38 billion yuan ($509 million).

China fintech IPO appetite wanes after regulators voice concern

Chinese regulators are right to be concerned about the “very rapid run-up in consumer lending”.

Indonesia: CVC-backed sporting goods retailer MAP Active mulls $300m IPO

The company joins snack producer GarudaFood and toilet brand Toto’s local distributor in planning to raise funds in the equity market.

Qatar Foundation unit offers to sell $1.46b stake in India’s Bharti Airtel

Three Pillars Pte., Singapore, an affiliate of Qatar Foundation Endowment SPC, is selling as many as 199.9 million Bharti Airtel shares for 473 to 490 rupees each on Wednesday.