Indonesia
The stock rose 34.12% from its IPO price shortly after trading opened.
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Danantara picks partners for eight new waste-to-energy projects
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Vietnam Digest: OPEC Fund provides $50m loan to SeABank; Masan High-Tech Materials, S Korea's GB Innovation ink pact
3
India markets regulator sets strong ethics rules for employees
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Japan rules out changes in asset allocation of pension funds
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Singapore’s SimpleAI raises $15m funding for acquisition-led growth
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Greater China
Sky Xu has delegated the public aspects of leadership to others.
Shein was last valued at $66b in May 2023, down from $100b in 2022.
India
Investor meetings are set to begin next week, with a listing expected around Oct.
Rest of Asia
SK Hynix shares have dropped a quarter from their record high hit two weeks ago.
It is offering 35.6 million new Class A shares at HK$268 each.
SBI is selling 28.8 million shares of SBI Funds to investors.
A record wave of lock-up expirations after a strong first half for new listings is also casting a shadow.
Vietnam
The Mekong Capital-backed company is seeking to raise about $60 million.
The GPU designer said proceeds will be used to advance R&D.
