China’s Meituan Dianping sets HK IPO valuation at up to $55b

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Meituan was valued at around $30 billion in a fundraising round late last year.

Lyft said to start process to prepare for 2019 IPO

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Lyft plans to begin taking pitches from banks as soon as September, targeting March or April for the listing.


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

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


Indian government set to approve $714m UTI AMC IPO

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The government will ask LIC, SBI, PNB and BoB to slash their stakes in UTI AMC from 18.25% to 10% each.


China’s plan to spread tech wealth fizzles with delay of CDR

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The prospect of authorities reviving China’s CDR program looks bleak.


Matrix-backed Chinese online home renovation platform Tubatu files for HK IPO

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Tubatu joins a list of Chinese firms that are seeking to raise money in Hong Kong even if their financial figures are in the red.


Chinese P2P lender X Financial files for $250m US IPO

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X Financial will follow the footsteps of fellow Chinese P2P lender Weidai Ltd which earlier this month filed for a $100-million IPO in the US.


Xiaomi-backed home appliances supplier Viomi submits U.S. IPO papers

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Xiaomi, which raised $5.4 billion in its Hong Kong IPO in June, is Viomi’s strategic partner and shareholder.


Indonesian retailer Matahari announces $85m share buyback

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Matahari plans to invest further in its fast-growing e-commerce business and third-party logistics services.


Tencent-backed Chinese EV maker Nio targets to raise $1.32b in IPO

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The firm seeks to invest capital to develop new products in areas such as autonomous driving and battery technologies.