CITIC, Temasek-backed Chinese telecom software firm AsiaInfo files for HK IPO

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The CITIC PE and Temasek-backed AsiaInfo is provider of China’s first-generation telecom software since the 1990s.

AsiaInfo Technologies

India asks state-owned oil firm to list overseas unit ONGC Videsh

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The move to float the unit is part of a government push to sell state-assets to raise funds.


GMR Airports in talks to raise $500m from AION Capital ahead of IPO

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The funds will be used to buy out some of its private equity investors before a planned initial public offering (IPO) later this year.


Proposal to take China Automotive Systems private called off

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The buyer group has decided to withdraw the proposal due to recent market conditions.


China’s Tianqi Lithium seeks up to $1b in Hong Kong listing

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The company is the world’s second largest lithium producer by sales.


Qiming, Sequoia-backed mobile internet firm CooTek eyes $100m in US IPO

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CooTek is backed by several Qiming funds, which together hold an 18.2% stake, Sequoia Capital China, and SIG Asia.


Tencent-backed Chinese content aggregator Qutoutiao files for U.S. IPO to raise up to $300m

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Qutoutiao, which means fun headline, counts Chinese internet search giant Baidu as its largest customer.


ThaiBev taps baht bond market with $2b offering, to refinance Sabeco acquisition debt

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Proceeds will refinance $5-billion bridge loans backing ThaiBev’s $4.84-billion acquisition of a 53.59% stake in Vietnam’s Sabeco.


China’s biotech startup I-Mab said to target up to $500m in IPO

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More than 10 biotech companies have applied to begin trading on the Hong Kong stock exchange since the bourse changed its rules in April to allow unprofitable drug developers to join.


China: Online drugstore 111 Inc files for $200m IPO in the US

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111 Inc’s filing in the US comes at a time when China’s pharmaceutical players are quickly moving online to further corner a larger share of the market.