IPO

Indonesian geothermal operator Barito Renewables raised $200 million in an initial public offering. (NIKKEI montage/Source photo by Getty. Logo from Barito Renewables' website)
Markets

Indonesia's Barito Renewables Energy up 25% in market debut

Geothermal energy group's share sale tests investor appetite for clean-power sector

9 October 2023
U.S. stock market listings are down sharply from year-earlier levels.
IPO

U.S. IPO market still looking for big rebound after Arm

With higher interest rates, investors seek clear path to profitability

7 October 2023
The merger of Vertex Technology Acquisition Corp. and 17Live is expected by next January. (Nikkei montage/Source photo by Tsubasa Suruga and screenshot from 17 Live's website) 
Business deals

Streaming app 17Live set to be Singapore's 1st SPAC merger

Vertex-backed shell company to acquire Taiwan-founded tech startup

2 October 2023
 The Tokyo Stock Exchange's bell is rung during IPO ceremonies. (Photo by Takuya Ikeda)
IPO

Japan to ease IPO rules in October, allowing greater price flexibility

Changes follow complaints that rigid regulations pushed launches overseas

1 October 2023
The total value of IPOs in Hong Kong this year could be the lowest since 2002. (Photo by Kenji Kawase)
IPO

Alibaba's Cainiao listing too little for Hong Kong's bad IPO year

Market trails India and Indonesia, on track to worst year since 2002

29 September 2023
Robots are seen working at a Cainiao logistics warehouse in China.
Technology

Alibaba to spin off Cainiao logistics unit with Hong Kong IPO

Chinese e-commerce group reportedly seeks to raise at least $1bn in listing

27 September 2023
Big C's expansion into Hong Kong is its first step beyond Southeast Asia, where the company has over 2,000 outlets. (Photo by Kenji Kawase)
Retail

Thai supermarket chain Big C expands into Hong Kong

Eyeing 'gateway' to mainland China as it seeks potential listing

26 September 2023
Staff walk in the lobby of Vietnamese gaming-to-messaging startup VNG, whose campus looks like it's been lifted out of Silicon Valley. (Photo by Lien Hoang)
Technology

Vietnam's VNG delays Nasdaq IPO amid challenging market

Tech unicorn with Facebook-beating app praised during Biden trip to Hanoi

22 September 2023
SoftBank Group Chief Financial Officer Yoshimitsu Goto, left, and Arm CEO Rene Haas shake hands as the chip designer goes public in New York on Sept. 14.
SoftBank

Arm IPO gives SoftBank a new Alibaba to bank on

Japanese investment group's listed assets get nearly $54bn boost, CFO says

16 September 2023
Arm CEO Rene Haas attends the initial public offering of the SoftBank Group unit at the Nasdaq exchange in New York. 
IPO

SoftBank's Arm surges 25% in debut, reaching market cap of $65bn

U.K. chip designer provides sagging IPO market ray of hope

15 September 2023
SoftBank CFO Yoshimitsu Goto called Arm the company's "most important subsidiary." (Photo by Hirofumi Takeuchi)
IPO

Arm is 'leader of the AI revolution,' SoftBank CFO says

Japanese group plans to hold Nasdaq-listed stock for 'long term:' finance chief

15 September 2023
SoftBank plans to keep a stake of around 90% in Arm as a core component of its AI strategy.
IPO

SoftBank's Arm sets IPO price at $51 in year's largest listing

Price gives U.K. chip designer a market capitalization of over $52bn

14 September 2023
SoftBank Group, led by Chairman and CEO Masayoshi Son, is listing British chip design unit Arm on Sept. 14.
IPO

SoftBank puts stamp on Arm IPO as Mizuho wins top underwriter spot

Japan bank expanded U.S. business, snagging role in year's largest listing

14 September 2023
The Kokusai Electric listing is expected to be the largest initial public offering on the TSE since the debut of wireless carrier SoftBank Corp. in 2018. (Photo by Nikkei)
IPO

KKR-owned Kokusai Electric eyes Tokyo IPO in October

Japanese chip device maker's valuation projected to top $2.7bn

6 September 2023
 SoftBank Group Chairman and CEO Masayoshi Son has placed Arm at the center of his AI strategy. (Photo by Taro Yokosawa)
IPO

SoftBank seeks Arm valuation up to $52bn with Nasdaq listing

U.K. chip developer would be largest IPO of 2023

5 September 2023
Siam Cement Group is delaying the initial public offering of its spinoff SCG Chemicals until Oct. 4.
IPO

SCG Chemicals adds to Thailand's IPO listing delays

Companies wait for better conditions in rough year for Bangkok bourse

29 August 2023
VNG debuted a cloud and data center business in December as part of the gaming-to-messaging startup's bid to find new profit engines. (Photo by Lien Hoang)
IPO

Vietnam unicorn VNG files for Nasdaq IPO after EV maker VinFast

App from loss-making startup is more popular at home than Facebook

24 August 2023
SoftBank had planned to sell the company to Nvidia before regulators expressed opposition to the deal.
IPO

Arm files for Nasdaq IPO, setting up possible largest listing of 2023

SoftBank-owned U.K. chip designer reveals 1% revenue dip last fiscal year

22 August 2023
Courting big brands has helped Indian e-commerce startup Meesho turn profitable sooner than expected, says Chief Financial Officer Dhiresh Bansal.
Startups

India e-commerce startup Meesho eyes possible IPO next year

Chief financial officer says company turned profitable sooner than expected

17 August 2023
Many foreign law firms in China focus on non-litigation business such as compliance, cross-border public listings and mergers and acquisitions, areas that are sensitive to changing business sentiment.
Business trends

Foreign law firms scale back China operations as outlook dims

Two U.S. firms latest to downsize amid slowing economy and regulatory uncertainty

16 August 2023
Vingroup's VinFast on Aug. 10 announced an imminent U.S. listing, capping a long journey for the electric car maker, which has faced production and other delays. (Photo by Lien Hoang)
IPO

Vietnam EV maker VinFast to list on Nasdaq via SPAC

Delayed $23bn deal to see rare U.S. listing from Southeast Asian nation

11 August 2023
Tech stocks are bouncing back, helping erase losses for SoftBank's flagship Vision Fund. (Photo by Hiroki Endo)
SoftBank

SoftBank Group narrows Q1 loss as Vision Fund rebounds

Masayoshi Son's group posts $3.3bn net loss, 3rd straight quarter in red

8 August 2023
SoftBank Group plans to list shares in its chip deign unit, Arm, on the Nasdaq in September in a deal expected to be worth $60 billion or more. (Source photos by Reuters and Getty Images) 
Semiconductors

Apple, Samsung to invest in Arm as it eyes September IPO

SoftBank chip design unit to debut on Nasdaq, market cap seen topping $60bn

8 August 2023
Game developers are among those to utilize Beijing Nokov Science & Technology's motion capture system. (Photo by Noriyuki Doi)
IPO

China IPOs boom with Beijing's double-edged involvement

Growing government role triggers worries of potential side effects

3 August 2023
Venture capitalists have shifted focus to nurturing promising businesses rather than chasing opportunities for quick returns.
Datawatch

Unicorns see their green pastures dry up around the world

Number of new billion-dollar startups down 80% from 2021 peak

30 July 2023