A recent report published by the Economist Intelligence Unit says, "Singapore has solidified its position as an international financial center, benefiting from China's crackdown on the rival business hub of Hong Kong." (Source photos by Ken Kobayashi)
Finance

Singapore to 'mop up' finance business leaving Hong Kong: report

EIU says Japan and India also to benefit amid Chinese markets' challenges

16 September 2024
Indian startups' valuations have moderated since the heyday of 2021. (Nikkei montage/Source photos by Ken Kobayashi and AP)
Market Spotlight

Indian startups turn to IPOs as funding tightens; some slash valuations

Shrinking capital increases pressure to give venture investors a profit

16 September 2024
K Bank's headquarters in Eulji Twin Tower in Seoul. The online lender is looking to go public next month. 
IPO

K Bank's planned IPO a test of South Korean market's rebound

Bain-backed online bank aims to raise $732mn, most in Seoul in two years

11 September 2024
Lee Thiam Wah, founder of 99 Speed Mart Retail Holdings, speaks during a news conference on Sept. 9 as the company's shares made their public debut the same day. (Photo by Norman Goh)
IPO

Malaysian grocery chain eyes 3,000 stores after market debut

99 Speed Mart shares rise 14% in country's biggest IPO in 7 years

9 September 2024
The recent boom in artificial intelligence has only recently started to benefit the NAND memory, which is Kioxia's specialty. (Kioxia)
Semiconductors

Kioxia poised for long-sought IPO as AI boom trickles down

Japan memory maker finds footing after market slump and Western Digital saga

24 August 2024
Kioxia's Kitakami plant in northeastern Japan. The chipmaker is tapping accelerating demand from the AI sector. (Photo by Koji Uema)
Semiconductors

Japanese chipmaker Kioxia aims to list in October amid AI boom

Expected capitalization of over $10bn would be Japan's largest 2024 IPO

23 August 2024
WeRide, a Chinese autonomous driving technology company, received the green light to test vehicles on some Californian roads.
Markets

Chinese self-driving startup WeRide delays U.S. IPO

Delays come amid reports of tighter scrutiny over China's autonomous vehicle software

23 August 2024
Tokyo Metro's profits jumped in the April-June quarter on increased passenger traffic. (Photo by Konosuke Urata)
IPO

Tokyo Metro headed for IPO as soon as October

Tokyo listing could value the subway operator at up to $4.8bn

20 August 2024
Guan Dian, Patsnap's co-founder and Asia-Pacific general manager, speaks to Nikkei Asia in Singapore. (Photo by Tsubasa Suruga)
Artificial intelligence

Singapore unicorn Patsnap to expand AI-powered patent search

Startup developing industry-specific models for pharma, materials and more

19 August 2024
Many startups in Japan struggle with growth after going public, possibly starved of funding as mature firms refrain from reallocating surplus back to investors.
Datawatch

Japan's startups struggle to grow past '2nd death valley'

Flow of funds from mature firms back to investors seen as key to more dynamism

17 August 2024
Listings of small to midsize Chinese companies have increased volatility on U.S. stock markets in the past, leading to a push for stricter screening of initial public offerings.
Equities

U.S. Nasdaq steps up scrutiny of Chinese company listings

Heightened screening comes amid concerns over market volatility

15 August 2024
President and CEO of the Philippine Stock Exchange Ramon Monzon said in an exclusive interview with Nikkei Asia that cuts in the key benchmark rate is vital to generate excitement among investors and lure new IPOs to the market. (Nikkei montage / Source photos by Yuki Fujita)
Equities

Philippine exchange chief backs rate cuts to spur IPOs

Central bank halfway to new listing target set for 2024

13 August 2024
Bhavish Aggarwal, CEO of Ola Cabs and founder of Ola Electric, third from left, rings the bell during Ola Electric's listing ceremony at the National Stock Exchange in Mumbai on Aug. 9.
IPO

Shares in Indian e-scooter maker Ola close up 20% after tepid debut

Softbank-backed startup yet to make profit despite accelerating sales

9 August 2024
Shan Jizhang, a founder, chairman and CEO of Black Sesame International, second from the right, stands next to Hong Kong Exchange CEO Bonnie Chan at the listing ceremony on Aug. 8. (Photo by Kensaku Ihara)
IPO

TSMC-linked China auto chip maker plunges over 30% in Hong Kong IPO

Black Sesame International's weak debut clouds city's tech stock strategy

8 August 2024
Ola Electric founder Bhavish Aggarwal on a scooter at a press briefing in Mumbai on July 29. Ola is set to go public in India's biggest IPO this year.
Your Week in Asia

India's Ola Electric goes public, Australia-U.S. two-plus-two, Indonesian GDP

Your weekly lineup of Asia's biggest business and political events

4 August 2024
Self-driving vehicles from WeRide can be seen operating on the streets of Guangzhou. (Photo by Tomoko Wakasugi)
Automobiles

Chinese robotaxi operator WeRide files for U.S. IPO

Startup looks to raise up to $500m for expansion efforts

29 July 2024
Half the top 10 listings in Southeast Asia in terms of amount raised were from Malaysia. (Photo by Norman Goh)
IPO

Southeast Asia IPO fundraising down 60% in first half as Indonesia slumps

Higher interest rates dampen listings in region with fewer big-ticket debuts

27 July 2024
A Hyundai showroom in Mumbai in 2022. The company's sales and service network covers hundreds of Indian cities. 
Business Spotlight

Hyundai celebrates Indian success with plan for largest IPO

South Korean carmaker under pressure from Chinese rivals to raise its game in EVs

26 July 2024
As of the end of June, 14 Hong Kong listed companies have announced delisting plans in the first half year, and one has completed the transaction. (Photo by Ken Kobayashi)
Markets

Delistings outnumber IPOs by value in Hong Kong so far this year

China slowdown is factor cited by companies with plans to go private

19 July 2024
The Cirrus Aircraft booth at an aviation exhibition in Las Vegas in 2021. The company was founded in the U.S. in 1979 and acquired by a Chinese state group in 2011.
IPO

U.S.-based Chinese state-owned aircraft maker Cirrus lists in Hong Kong

Company operates under watchful U.S. eyes since 2011 purchase by CAIGA

12 July 2024
CK Hutchison is reviewing options for its European telecom unit, intending to reduce its holding in the overall business, sources tell Reuters.
IPO

Hong Kong's CK Infrastructure weighs overseas secondary listing

Plan is being considered more for Western exposure than to raise funds

11 July 2024
Shift Up is South Korea's fourth-largest game developer, having a lineup of Nikke: Goddess of Victory and Stellar Blade. (Screenshot of Shift Up website)
IPO

Tencent-backed video game developer Shift Up closes up 18% in Seoul debut

South Korean company marks country's second-biggest IPO this year

11 July 2024
Guzman looks to quintuple its stores in Australia to 1,000. (Photo by Rurika Imahashi)
Food & Beverage

Australia's Guzman y Gomez plans big expansion after splashy IPO

Soaring stock price may stem from quiet market as profitability concerns remain

10 July 2024
Johor Plantations Group is linked to the government of Johor, the southernmost state in Peninsular Malaysia. (Johor Plantations Group)
IPO

Johor Plantations rises 10% in biggest Malaysian debut in 2 years

Johor state-linked palm oil company raised $156m through IPO

9 July 2024