IPO

Grab Holdings plans to go public in the U.S. by merging with a listed SPAC called Altimeter Growth. (Source photo by Ken Kobayashi)
IPO

The boom in SPAC deals -- five things to know

Pandemic-fueled uncertainty drives popularity of this shortcut to IPO

4 May 2021
Technology stocks accounted for half of Hong Kong's secondary offerings in the first four months of 2021, followed by health care, the automobile sector and consumer products.
Markets

Hong Kong's secondary offerings this year already near 2020 total

Investors, flush with cash, drive record share sales of $47bn

4 May 2021
Beijing-headquartered Waterdrop distributes insurance policies online and provides illness crowd-funding. 
IPO

Tencent-backed Waterdrop aims to raise $360m in New York IPO

Chinese online insurance tech company to sell 30m shares

3 May 2021
JD Logistics is said to be eyeing a valuation of about $40 billion in its IPO.
IPO

JD.com logistics unit on track to deliver $4bn Hong Kong IPO

Exchange listings committee paves way for company to meet potential investors

30 April 2021
Hong Kong Exchanges & Clearing has benefited from strong trading volumes via Stock Connect as well as "homecoming listings" by Chinese technology companies listed in New York.
Markets

Hong Kong market operator's profit surges on IPO and trading booms

HKEX's net income rises 70% ahead of new chief executive's arrival

28 April 2021
The Monde Nissin IPO is expected to be the largest-ever on the Philippine Stock Exchange.
DealStreetAsia

Philippine noodle-maker Monde Nissin receives PSE nod for $1.3bn IPO

The company to expand production and technological capacities in UK and Asia

26 April 2021
Hong Kong's financial district. About $17.14 billion has been raised through new listings in the first three months of 2021, the best-ever start to a year. (Photo by Dean Napolitano)
IPO

Hong Kong fintech unicorn WeLab seeks IPO amid virtual bank boom

Deal could value startup at up to $2bn as investors see 'good window' to list

23 April 2021
Singapore plans to ride the wave of interest for SPACs, having put forth a regulatory framework, which could be finalized around the middle of the year.
IPO

Singapore and Philippines trail in Asia IPOs amid SPAC boom in US

ASEAN stock exchanges fail to cash in on region's tech startups

21 April 2021
Grab's CEO Anthony Tan, pictured in June 2017: the point of a SPAC is less the money than the clout founders think comes with being a listed company.
Opinion

Grab's SPAC adventure tells bigger tale of our FOMO times

Has Southeast Asia's most famous unicorn botched the endgame?

19 April 2021
The STAR Market is supposed to represent a new model for domestic exchanges.
Opinion

Shanghai's STAR Market is losing its luster

Creeping return of IPO approvals raises questions over durability of reform

16 April 2021
TikTok had been downloaded 961 million times worldwide, generating revenue exceeding $1.2 billion, as of December last year.
Caixin

TikTok owner ByteDance silent on rumored Hong Kong IPO plan

US regulatory pitfalls amid China tensions spur company to look closer to home

15 April 2021
"Super app" developer Grab's SPAC deal could point the way for other tech startups in Southeast Asia eager to go public quickly. (Photo by Ken Kobayashi)
Technology

Grab listing opens next chapter in Southeast Asia's startup story

Region set to follow US and China as hub for publicly traded tech giants

15 April 2021
Sources say Didi has hired Goldman Sachs and Morgan Stanely to help it list on the New York Stock Exchange. 
IPO

China's Didi prepares for IPO in US, sources say

Ride-haling giant's value expected to reach range of $70bn to $100bn

11 April 2021
Question-and-answer website Zhihu dropped 11% in its debut on March 27 after pricing the $523 million offering at the bottom of its marketed range.
IPO

Record pace of Chinese listings in US shows signs of strain

10 companies have fallen on debut in two-month losing streak

9 April 2021
The Hong Kong stock exchange has had its best start to a year ever for new listings but opening day performances have so far failed to impress.
IPO

Tencent-backed Linklogis files for $1bn Hong Kong IPO

Chinese fintech provider has presence in Singapore digital banking

26 March 2021
Beijing-based Megvii said it will use proceeds from its offering to invest further in research and development, production of AI-driven products and potential overseas expansion.
China tech

Alibaba-backed China AI company Megvii counts losses ahead of IPO

Startup seeks almost $1bn on Shanghai's STAR Market after ending Hong Kong plan

15 March 2021
Baidu is branching out from its mainstay search engine business into areas such as smart devices and autonomous driving.
IPO

Chinese search engine Baidu kicks off scaled-down Hong Kong listing

Company braves tech-sector sell-off to hedge against Wall Street delisting

12 March 2021
Coupang’s fulfillment center in Chilgok, South Korea. The company is conducting an initial public offering in New York on March 11. (Photo by Jean Chung) 
IPO

South Korea's Coupang raises $4.6bn in New York stock listing

SoftBank-backed e-commerce company makes largest US IPO since Alibaba

11 March 2021
Autohome's lackluster listing in Hong Kong is unwelcome news for other companies planning to list their shares on the bourse.
Markets

Autohome misses Hong Kong share sale target by nearly one-third

Baidu and others from China face risk of lower prices on secondary listings

10 March 2021
Monde Nissin, maker of Lucky Me! instant noodles, on Thursday filed for an initial public offering, in what is set to be the country's largest-ever listing.
IPO

Philippine instant noodle maker Monde Nissin aims for $1.3bn IPO

Company behind popular Lucky Me! brand targets country's largest listing

4 March 2021
The deals pipeline in Hong Kong is part of a record wave of new listing volumes globally, amid flush liquidity driven by stimulus amid the coronavirus pandemic. (Photo by Dean Napolitano)
Markets

Hong Kong IPO pipeline swells as Chinese companies rush to list

Mainland names and 'homecoming' stocks lift flow of deals to record high

3 March 2021
An employee handles a sample at a laboratory of biotechnology start-up Prenetics in Hong Kong. 
IPO

Jack Ma-backed Prenetics plots IPO after COVID-19 test success

Hong Kong startup enlists New World Development CEO as investor

26 February 2021
Delivery staff for Coupang, wearing masks to prevent contracting the coronavirus, warm up before leaving to deliver packages in Incheon, South Korea. 
IPO

SoftBank-backed Coupang files for US IPO

South Korean e-commerce giant saw revenue jump 91% in 2020

13 February 2021
BeerCo, which plans to list its shares on the Singapore Exchange, sells beer under several brands including Chang and Federbrau. The company also has Vietnam operations selling the brands Bia Saigon and 333.
Markets

ThaiBev looks to sell 20% of brewery unit in Singapore IPO

Listing expected to be biggest in years for SGX

5 February 2021
Kuaishou Technology's headquarters in Beijing. The company, a rival of ByteDance-owned Douyin, the Chinese version of TikTok, raised $5.4 billion in its initial public offering.
IPO

Kuaishou shares rise 160% on trading debut in Hong Kong

Chinese short-video app's market cap tops ICBC and PetroChina

5 February 2021