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Executive is moving to more senior role
India is on track for a record year of IPOs. Global tech giants continue to plough capital into a fast-growing consumer economy that is investing heavily in ensuring it’s a major player — along with the US and China — in an AI-first world
◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
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Xiaomi Corp’s decision last week to drop Chinese Depositary Receipts from its jumbo IPO, following hard questions from the regulator, may look like a backwards step for China. But the regulator was right to put market stability above the whims of any issuer — even if it means turning away the IPO of the year.
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The Securities and Exchange Board of India has put the IPO plans of real estate company Lodha Developers on hold while it examines "past violations".
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Chinese internet search giant Baidu is considering the sale of China Depository Receipts (CDRs).
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More companies are planning to follow Qingdao Haier’s lead as it prepares to sell the first batch of D-shares, a new asset class for Chinese stocks listed in Germany, a spokesperson at the China Europe International Exchange (Ceinex) told GlobalCapital Asis's sister publication GlobalRMB.
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Beijing-based investment bank Chinese Renaissance and property manager Kaisa Property Holdings have set the ball rolling on their Hong Kong IPOs.
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Automotive components manufacturer Varroc Engineering has launched bookbuilding for its potential Rp19.6bn ($287.8m) India IPO.
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