IPO

Hong Kong IPOs show signs of a comeback, after a lull driven partly by Beijing's crackdown on the tech sector.
IPO

Chinese bank's $1.3bn offering rekindles Hong Kong IPO market

City's exchange vets over 220 applications in year-end listing deluge

17 September 2021
Pertamina workers load and unload fuel at a terminal in Pematang Siantar, Indonesia. Subsidiary Pertamina International Shipping is set to debut on the stock market by next year.
IPO

Indonesia to jump on IPO boom by listing 14 state-owned companies

Fundraising drive to improve competitiveness and replenish coffers

16 September 2021
An employee works at Traveloka's headquarters in Jakarta, Indonesia. The company is now likely to go public via a traditional IPO in the U.S., raising up to $400 million.
8 September 2021
New York IPO candidate Atour Lifestyle Holding says it has more than 27 million members in the loyalty program of its hotel chain.
IPO

Chinese companies seek to reopen path for New York IPOs

Close to $1bn worth of offerings in works despite declared 'pause' in US reviews

7 September 2021
Shanghai's IPO market has remained active in recent weeks even as Hong Kong and New York have gone quiet. 
IPO

Chinese IPO freeze widens to dozens more offerings

Shares sales involving four service providers under scrutiny

23 August 2021
The Hong Kong exchange's Hang Seng Index has dropped 20% from a peak in mid-February, hampered by Beijing's moves to rein in the technology sector.
Markets

Hong Kong exchange pins hopes on China index futures in bear market

HKEX counts on derivatives to diversify revenue away from stock trading

20 August 2021
Nio's ET7, seen here at the Shanghai International Automobile Industry Exhibition, is among the three new models set to launch next year.
Companies

China's Nio plans new brand to take on Tesla in China

EV maker targets new models for mass market as loss narrows

12 August 2021
Japanese authorities are looking into whether underwriters are pricing IPOs fairly.
IPO

Japan antitrust watchdog probes underwriter role in IPO pricing

First-day opening price jumps indicate securities companies underprice stock offers

11 August 2021
Meihua International Medical Technologies, which sell disposable medical products, such as testing kits and bandages, in China and 30 other countries, did not mention Beijing's new crackdown in its prospectus.
IPO

Chinese medical device maker Meihua files for New York IPO

Filing first since Beijing and Washington regulators targeted new listings

11 August 2021
The parent company of the Indian payments startup Paytm is heading for a $2.2 billion initial public offering.
IPO

Paytm eyes revenue increase to $1bn as fintech grows in India

Digital payment unicorn banks on expansion and lower costs to turn profitable

11 August 2021
Bulakapak became the first Indonesian unicorn to list on the local stock exchange.
DealStreetAsia

Singapore's GIC acquires additional stake in Bukalapak for $95m

The sovereign wealth fund grabs 11% in Indonesian e-commerce giant

11 August 2021
South Korean gaming company Krafton's "PlayerUnknown's Battlegrounds," or PUBG, is a global hit. 
IPO

South Korea's Krafton plummets in market debut amid China worries

Developer behind 'PUBG' still becomes biggest listed gaming company on Kospi

10 August 2021
Cloud Village parent NetEase was caught in the tech crunch this month after state media criticized the gaming industry.
IPO

Tencent Music rival Cloud Village shelves $1bn Hong Kong IPO plan

First Hong Kong IPO casualty from China tech crackdown

9 August 2021
Bukalapak, an e-commerce company whose shares have risen 56% from their IPO price, is the first Indonesian unicorn to go public.
Startups

Bukalapak shares surge, again hitting upper movement limit

Investor appetite on second day of trading remains strong

9 August 2021
Chang Byung-gyu, Krafton's founder and chairman, attributes the gaming company's success to its "freak DNA." 
Media & Entertainment

The forces behind Krafton, a South Korean gaming powerhouse

Korean duo created 'freak' company with help from Irish developer and Tencent

9 August 2021
Bukalapak went public in August amid fanfare but its share price has since languished. (Screenshot from Bukalapak app) 
IPO

Bukalapak becomes Indonesia's 13th most valuable public company

Trading in e-commerce platform's shares suspended after 25% opening surge

6 August 2021
Kakao Bank is South Korea's biggest digital lender. (Screenshot of Kakao Bank's app).
IPO

Kakao Bank shares surge nearly 80% in Seoul market debut

South Korean digital lender becomes most valuable listed financial stock

6 August 2021
Singapore-headquartered FinAccel, which operates the Kredivo delayed payment service in Indonesia, plans a $2.5 billion U.S. listing via a "blank check" company. (Photo courtesy of FinAccel)
IPO

Singapore startup FinAccel announces $2.5bn SPAC listing in US

Operator of Kredivo service in Indonesia targets the unbanked and underbanked

3 August 2021
Game developer Krafton is riding the success of PlayerUnknown's Battlegrounds, or PUBG, to  its scheduled listing next month.
IPO

South Korea's Krafton confirms IPO price at top of range

Game developer poised to raise $3.7bn on Kospi listing next month

30 July 2021
Indian tech unicorns, such as the online food delivery company Zomato, are bringing about a turning point in the IPO scene in India. (Source photo by AFP/Jiji)
Business Spotlight

Zomato IPO shows foreign investors fueling India's tech battle

Stock market frenzy despite intense competition among cash-burning rivals

30 July 2021
Krafton is set to go public next month on the back of its hit game PlayerUnknown's Battlegrounds, or PUBG.
IPO

Krafton expects IPO success as big investors show interest

South Korean game developer downplays overvaluation concerns

26 July 2021
People shop at a vegetable market in Ahmedabad, India on June 15.
IPO

Zomato market debut ignites India's tech stock listing boom

B2B startups make compelling case ahead of IPOs amid strong investor appetite

23 July 2021
Shares in Kakao Bank, led by CEO Yun Ho-young, begin trading on Aug. 6. (Photo courtesy of Kakao Bank)
IPO

South Korea's Kakao Bank confirms IPO price at upper end of range

Digital lender could become No. 3 financial company on benchmark Kospi

23 July 2021
The stellar debut, which was advanced by four days, reflected investor interest in internet-based consumer startups that are expected to thrive during the COVID-19 pandemic and comes at a time when India's stock market is near all-time highs.
IPO

Zomato soars in India market debut to $12bn valuation

Shares soared 82.8% after opening at 116 rupees in pre-open trade

23 July 2021
"The fundamentals of the company still remain intact," Fred Hu said of Ant Group. 
Interview

Ant Group director sees relaunch of IPO 'before too long'

Primavera's Fred Hu: crackdown will make China tech sector 'more competitive'

22 July 2021