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IPOs - All articles
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Kakao Games sets W384bn IPO price high, readies launch
South Korean game developer Kakao Games is preparing to open a two-day subscription period for its IPO, after pricing the stock at the top of the marketed range.
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Nongfu Spring makes a splash with HK$8.4bn IPO
Bottled water and beverage company Nongfu Spring has taken advantage of a flood of demand from institutional and retail investors for its Hong Kong IPO to price the HK$8.35bn ($1.08bn) deal at the top of guidance.
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Yum China cooks up $2.5bn HK secondary listing
Yum China Holdings, a fast food restaurant franchiser, launched the roadshow for its secondary listing in Hong Kong on Monday to strong early momentum from investors.
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Chinese biopharma firm Antengene seeks Hong Kong listing
Antengene Corp, a clinical stage biopharmaceutical company, has set the ball rolling for a Hong Kong IPO, adding to a bulging pipeline of healthcare firms targeting the city’s bourse.
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XPeng boosts NYSE IPO on solid demand
Chinese electric vehicle manufacturer XPeng raised $1.5bn this week, after increasing the size of its US listing and pricing it above the marketed range.
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Ant nears blockbuster IPO as bankers eye fee bonanza
Ant Group started speaking to investors this week for mammoth IPOs on the Hong Kong and Star markets, which at an estimated size of $30bn would become the world’s largest ever share offering. The deal is a big win for both exchanges — and bankers in Hong Kong are also expecting a record fee from the deal. Jonathan Breen and Rebecca Feng report.
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Nongfu Spring to close $1.1bn IPO book early
Nongfu Sping, a Chinese bottled water and beverage company, is closing the international book for its Hong Kong IPO a day earlier than planned on the back of strong demand, according to sources close to the deal.
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Kakao Games gauges investor appetite for W384bn IPO
South Korea’s Kakao Games began a two-day price discovery process for its IPO on Wednesday, seeking investor feedback for its deal.
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Ant gets mega Shanghai, HK dual listing going
Ant Group has taken a step closer to pulling off what is expected to be the world’s largest ever share offering, submitting IPO applications in Hong Kong and Shanghai on Tuesday.
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Tencent-backed Yidu Tech eyes HK listing
Yidu Tech, a Chinese technology-based healthcare provider, is seeking approval for a Hong Kong IPO.
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Ant completes Star pre-listing tutoring, ready to file in Hong Kong
Ant Group, Alibaba’s fintech arm, has wrapped up a 10-day ‘pre-listing tutoring’ process for its A-share debut on the Shanghai Star board, paving the way for its hotly anticipated Hong Kong and China dual listing.
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Nongfu Spring kicks off $1bn Hong Kong IPO
Chinese bottled water and beverage company Nongfu Spring has opened books for its HK$8.35bn ($1.08bn) IPO of H-shares on the back of support from state funds in the Mainland and Singapore.
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Xingda International plans tire cord unit spin-off
Hong Kong-listed tire materials maker Xingda International Holdings is planning to spin off and list its radial tire cord manufacturing business on the Mainland.
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Electric vehicle maker XPeng launches $1.1bn US IPO
Chinese electric vehicle manufacturer XPeng has hit the road with its $1.1bn New York Stock Exchange IPO. It is the latest in a building pipeline of US listings by Mainland-based companies that are undeterred by rising tensions between the two countries.
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Harbour BioMed sets ball rolling for Hong Kong IPO
Chinese biotechnology start-up HBM Holdings has filed for approval to float on Hong Kong’s stock exchange.
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Ant Group picks banks for Star IPO
Ant Group has picked two large Chinese securities houses as advisors for the China leg of its dual listing in Hong Kong and Shanghai. The duo are also likely to be the sponsors for the much-anticipated deal.
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Nongfu Spring pre-markets $1bn HK listing
Nongfu Spring, a Chinese bottled water and beverage company, has kicked off pre-deal investor education for its Hong Kong IPO.
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JW Therapeutics targets Hong Kong listing
Chinese biotechnology company JW (Cayman) Therapeutics is planning to float on Hong Kong’s stock exchange. It has filed a draft prospectus with the bourse.
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China’s Ke faces down US hostility with $2bn listing
Ke Holdings sealed a $2.12bn IPO on the New York Stock Exchange this week, the largest US listing by a Chinese firm in more than two years, defying the shock caused by US sanctions against one of its largest shareholders, Tencent Holdings. Jonathan Breen reports.
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Vistas Media nets $100m from US Spac IPO
Vistas Media Acquisition Co (VMAC) has raised $100m after listing on the Nasdaq. It plans to use the funds for M&A in the media and entertainment industry.
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Tencent-backed Ke to close $2bn IPO early
Ke Holdings, which operates Chinese real estate platform Beike, is set to close the orderbook for its $2bn US listing a day earlier than planned, according to a source close to the deal.
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K-pop shop aims for smash hit IPO
South Korea’s Big Hit Entertainment, manager of K-pop boy band BTS, has won early-stage approval for its IPO.
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XPeng charges up $100m US IPO
Chinese electric vehicle manufacturer XPeng is aiming to raise up to $100m from a listing on the New York Stock Exchange.
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Ke Holdings launches $2bn NYSE listing
Ke Holdings has kicked off bookbuilding for a $2bn US listing. But it has come as one of its largest shareholders, internet giant Tencent Holdings, was blindsided by the US with sanctions.
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Excellence Commercial Property readies $300m HK listing
China’s Excellence Commercial Property and Facilities Management Group is preparing to launch its Hong Kong IPO this month, according to a source close to the deal.
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Kakao Games eyes W384bn from long-awaited IPO
South Korean game developer Kakao Games is set to list in September for up to W384bn ($323m), reviving the deal two years after dropping its initial IPO plans.
