IPO

A trader works during the IPO for Chinese ride-hailing company Didi on the New York Stock Exchange in New York on June 30. 
Caixin

Chinese companies face rocky path in tapping US markets

Some firms seek alternate listings amid tighter scrutiny by both countries

20 July 2021
Swiggy's food deliveries have boomed in recent months during India's nationwide lockdown to try to suppress a massive COVID-19 resurgence that has left over 400,000 people dead. (Photo by Punit PARANJPE / AFP)
Startups

India's Swiggy raises $1.25bn led by SoftBank

Food delivery startup's latest fundraiser heavily oversubscribed

20 July 2021
Kakao Pay and Kakao Bank are affiliates of internet company Kakao, best known for its KakaoTalk instant messaging service. (Photo by Yuki Kohara) 
IPO

South Korea's Kakao Bank defends valuation method ahead of IPO

Digital lender aims to reach Asian markets after next month's share flotation

20 July 2021
The welfare and pay of gig economy drivers have come to the fore as companies focus on ESG.(Photo by Ken Kobayashi) 
Climate Change

Grab and Gojek commit to 'carbon zero' ahead of public listing

ASEAN tech startups embrace ESG factors amid growing pressure

19 July 2021
India's leading digital payment provider Paytm announced its planned IPO on Friday, following tech start-up Zomato, which last month announced a $1.1 billion listing.
IPO

Paytm sets India's largest-ever IPO, targeting $2.2bn

Digital payment provider rides on growth momentum from COVID restrictions

16 July 2021
Five companies began trading on the HKEX on Friday after raising a combined $630 million.
IPO

Hong Kong's hot market enjoys busiest IPO day in six months

City draws Chinese companies facing Beijing clampdown and potential US delisting

16 July 2021
The ride-hailing giant's quiet overseas share sale was followed by a devastating regulatory backlash. 
Caixin

How Didi's rush to raise funds in US backfired

IPO of ride-hailer with sensitive data came amid crackdown on internet platforms

14 July 2021
China's clampdown on its companies listed in the U.S. may be motivated by a desire to cut exposure to Washington and its regulators. (Source photo by Reuters) 
Market Spotlight

Beijing's Didi blast shakes $2tn of China stocks in US

Shadow hangs over Wall St after troubled IPO but bonds still attract investment

12 July 2021
The Cyberspace Administration of China has begun a revision of its network safety review measures, including a proposal that companies holding the personal information of over 1 million individuals must undergo a security review when listing overseas.
China tech

China to require review of overseas IPOs by companies with data on 1m users

Move is part of Cyberspace Administration's revision of network safety measures

10 July 2021
E-commerce company Bukalapak is a spearhead in Indonesia's digitalization drive. (Photo by Yuki Kohara)
IPO

Indonesia's Bukalapak launches up to $1.5 bn IPO

E-commerce unicorn's listing could be local stock exchange's biggest ever

9 July 2021
The logo of Didi ride-hailing app on a smartphone, pictured in Nanchang on July 4: the huge impact Didi has had on the Chinese society also comes with huge regulatory risk.
Opinion

Didi's failure to listen forces rewrite of Chinese tech listing rules

Big data can be a valuable asset, as well as a liability

9 July 2021
Baidu is one of a string of New York-listed Chinese technology companies to have secured a place on the Hong Kong Stock Exchange through a local offering since 2019. 
IPO

Hong Kong stands to win from China clampdown on offshore IPOs

Beijing's probes of companies listed in US may spur interest in nearby market

8 July 2021
LinkDoc Technology offers medical data-related services to health care providers. 
IPO

Alibaba-backed LinkDoc suspends US IPO as Didi fallout spreads

Medical data group worried by market volatility and fear of regulatory blowback

8 July 2021
Analysts believe the timing of the CAC's inquiry on the heels of Didi's IPO is no coincidence. (Nikkei montage/Reuters)
China tech

The China tech regulator taking on Didi: Five things to know

Cyberspace Administration stakes out key role as data emerges as flashpoint

7 July 2021
Krafton's hit game PUBG is the company's mainstay product.
Companies

Krafton's downsized IPO spurred by South Korean regulator worries

Doubts swirl over whether game developer's megahit PUBG enough to ensure value

6 July 2021
Didi has been told to remove its app from Chinese app stores.
China tech

China extends probes of US-listed tech groups after curbs on Didi

Shares in investor SoftBank hit by action against ride-hailing app days after IPO

5 July 2021
State-owned ChemChina bought Syngenta for $43 billion in 2017 in China's largest overseas corporate takeover. (Source photos by Reuters and screenshot from Syngenta's website)
IPO

Syngenta files for year's biggest IPO with $10bn Shanghai listing

Proceeds to go toward renovations and 'strategic acquisitions': prospectus

3 July 2021
Loongson is one of China's few CPU designers with independent know-how in a market dominated by Intel and AMD.
Caixin

Chinese CPU designer Loongson looks for $500m in STAR IPO

Proceeds to go to R&D as government relies on company for tech self-reliance

30 June 2021
Didi Chuxing's headquarters building in Beijing: The company is set for a U.S. listing on Wednesday.
Companies

Didi raises $4bn in US IPO but fails to match Uber valuation

China-ride hailer lands in New York amid concern over losses and regulatory curbs

30 June 2021
Ride-hailing company DiDi Chuxing is targeting what could be the year's biggest Chinese IPO in the U.S.
IPO

Chinese ride-hailer Didi seeks $4bn in US IPO

Tech group scales back expectations after Beijing steps up regulatory scrutiny

25 June 2021
An Xpeng P5 electric vehicle at the Auto Shanghai show on April 19. The Chinese company, whose shares are traded in New York, is preparing to list in Hong Kong as well.
Electric cars in China

Chinese Tesla rival Xpeng to raise up to $2bn via Hong Kong IPO

First case of US-listed mainland EV maker selling shares closer to home

25 June 2021
A Lalamove truck with company founder Shing Chow.
IPO

Hong Kong's Lalamove files for $1bn American IPO

Sources also say China's Xpeng targets up to $2bn in homecoming listing

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

Indonesia e-commerce unicorn Bukalapak plans to go public in July

Loss-making startup focused on small shop digitalization plans Jakarta listing

23 June 2021
Dingdong Maicai has raised $1.3 billion from investors including SoftBank Vision Fund II, Tiger Global Management and General Atlantic.
IPO

Chinese online grocery startups bulk up to fight bigger players

Missfresh and Dingdong seek more than $850m from New York IPOs

23 June 2021
Shares of AiHuiShou International, which operates an online platform for consumers to sell used smartphones and other electronic devices, rose 22.9% on their NYSE debut on Friday even as the wider market slid.
Market Spotlight

Chinese tech IPOs in US rebound after two-month lull

Didi Chuxing leads new clique of companies seeking to raise as much as $17bn

21 June 2021