Hong Kong exchange turns to blockchain to open up Chinese stocks

By
Posted

Stock exchanges around the world are trying to develop ways of using distributed ledger technology, known as blockchain, to boost the speed and efficiency of their processes, with settlement and execution of trades particular targets.

Hong Kong Exchange

ACME Solar appoints Barclays, JPMorgan to advise on private InvIT

By

A successful completion of the InvIT plan will make ACME Solar the first renewable energy producer in India to tap the trust route for raising funds.


Microsoft, Nasdaq partner on blockchain services

By

The partnership will create a blockchain system that helps different technologies work together for Nasdaq customers.


China’s consumer finance platform 360 Finance files for US IPO

By

360 Finance said it plans to use the net proceeds of its offering for brand promotions, research and development, and for general corporate purposes.


Airtel said to push back listing plans of $8b African business

By

Bharti said last week its African unit raised $1.25 billion from investors including Warburg Pincus, Temasek Holdings Pte and SoftBank Group Corp.


Jim Rogers-backed China’s Tiger Brokers seeks to raise $200m in US IPO

By

The firm’s investors include Interactive Brokers Group Inc, ZhenFund, Xiaomi and Rogers. It raised a Series C round in July valuing the firm at $1.06 billion.


Indonesian modem rental startup Passpod bags $32m in oversubscribed IPO

By

The company becomes the 46th issuer in 2018, as well as the first startup built by the IDX Incubator to take part in the stock exchange.


Horizons Ventures-backed video conferencing firm Zoom draws IPO roadmap

By

Zoom is aiming to be valued in the IPO at several billion dollars more than the $1 billion valuation it achieved in its most recent funding round in 2017, when it received $100 million from venture capital firm Sequoia.


Chinese EV maker Byton said to explore IPO route to fund expansion plans

By

Before this, Byton will seek another round of fundraising from private investors prior to starting production of its vehicle.


India: Sebi proposes relaxed norms for listing of startups

By

At present, neither the promoter nor any other entity is eligible to hold more than 25% in a start-up after its Initial Public Offering.