By Hock Meng Tay
As part of the business transfer, StanChart Group will inject more than $2.5 billion in common tier one capital into the Singapore unit.
If the objective is to get the next Alibaba or Xiaomi to sell shares at home rather than deserting China to list in New York or Hong Kong, then the Shanghai technology board still has a lot to prove.
Equities traders seem to believe that some short-term, company-specific strength will be enough to stave off macroeconomic and industry headwinds.
Street is discounting the impact of negative cash flow burn rates
Investors are concerned whether the swings in the stock price are due to a relatively small float or some underlying issue with the overall fundamentals.
If SoftBank fronts three-quarters of the planned $1 billion, it’ll be paying $750 million but helping more than double the value of its total Uber investment.
By cutting its losses, Meituan can now focus on its core battle against ele.me, the delivery service backed by Alibaba Group Holding Ltd.
Singtel’s stake in the company will fall to 35.2% after the Airtel rights issue, from 39.5% currently.
It’s not clear how much weight public investors will put on the take rate or bookings, another metric whose value will diminish over time.
Several general partners at private equity firms say diversity is one of their priorities, but only 3% have strategies to alter the equation.