Temasek-backed Chinese biotech firm Innovent Biologics eyes HK IPO

By
Posted

The IPO prospectus has not specified the size and pricing of the offering yet but an earlier report said the company is seeking to raise up to $500 million.

Innovent Biologics

Miner Yancoal Australia applies for dual listing in Hong Kong

By

Yancoal also proposed a 35-for-1 share consolidation for shareholders’ approval, which its majority shareholder Yanzhou Coal Mining Company Ltd said it intends to support.


Chinese e-commerce site Pinduoduo files for $1b US listing

By

The company was founded by ex-Google engineer Colin Huang and counts Tencent Holdings Ltd. and Sequoia Capital China as backers.


China’s solar panel maker Yingli Green Energy delisted from NYSE

By

Wall Street has held a dim view of solar manufacturers in recent years. Other public companies including Canadian Solar Inc. and JA Solar Holdings Co. have looked to go private as panel prices have fallen and shares have followed suit.


Hong Kong exchange proposes crackdown on backdoor listings

By

The exchange operator has been concerned about shell companies, public firms that do little real business but remain listed in order to be purchased by firms that wish to go public but are unable or unwilling to go through the usual channels.


Indonesia stock exchange new CEO targets 25-30 new listings in 2019

By

Inarno Djayadi, who was confirmed as CEO at an IDX shareholders’ meeting on Friday, told a press conference he wanted the exchange to reach 40 new company listings by 2020.


Philippines: Consumer tech firm Cal-Comp files for $127m IPO

By

It will use the IPO proceeds for expansion and building of new factories in the Philippines.


Philippines’ D.M. Wenceslao shares slide 20% on market debut

By

D.M. Wenceslao priced the IPO, the first in 10 months in Manila, at the bottom of the indicative range.


Carlyle-backed Delhivery plans $350m IPO, hires investment banks: Report

By

The startup plans to launch IPO at a valuation of $2-2.8 billion.


Vietnam: PVOIL suspends plan to seek strategic investment

By

PVOIL, which accounts 20-22 per cent market share, is the second largest petroleum distributor after Petrolimex.