IPOs - All articles

  • 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.

    • 31 Aug 2020
  • 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.

    • 31 Aug 2020
  • 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.

    • 31 Aug 2020
  • 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.

    • 28 Aug 2020
  • 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.

    • 27 Aug 2020
  • 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.

    • 27 Aug 2020
  • 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.

    • 26 Aug 2020
  • 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.

    • 26 Aug 2020
  • 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.

    • 26 Aug 2020
  • Tencent-backed Yidu Tech eyes HK listing

    Yidu Tech, a Chinese technology-based healthcare provider, is seeking approval for a Hong Kong IPO.

    • 25 Aug 2020
  • 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.

    • 25 Aug 2020
  • 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.

    • 25 Aug 2020
  • 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.

    • 24 Aug 2020
  • 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.

    • 24 Aug 2020
  • 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.

    • 19 Aug 2020
  • 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.

    • 17 Aug 2020
  • 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.

    • 17 Aug 2020
  • 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.

    • 17 Aug 2020
  • 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.

    • 13 Aug 2020
  • 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.

    • 12 Aug 2020
  • 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.

    • 11 Aug 2020
  • 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.

    • 10 Aug 2020
  • 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.

    • 10 Aug 2020
  • 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.

    • 10 Aug 2020
  • 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.

    • 07 Aug 2020
  • 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.

    • 04 Aug 2020