IPO: News & Insights - Nikkei Asia

This year, as of April 20, 62 out of 107 companies that went public on the Chinese mainland saw their share prices drop below their offer price.

Caixin

Why newly listed Chinese stocks fall below their IPO prices

Investors get lesson in caution as buying new shares no longer one-way bet

9 June 2022

Founded in 2010, Blibli has been an online shopping pioneer in Indonesia. (Screenshot from Blibli website)

DealStreetAsia

Indonesian startup Blibli aims to raise around $500m in imminent IPO

E-commerce company looks to go public in local market over coming weeks

3 June 2022

The main campus of IT company Infosys in Bengaluru, India. Japanese e-commerce platform Mercari is opening a R&D center in the city. (Photo by Satoshi Shimoda)

Startups

India's herd of tech unicorns grows despite IPO headwinds

16 billion-dollar startups established already this year: tech lobby chief

2 June 2022

Startups

Indian unicorns cut jobs, close units to conserve scarce capital

Meltdown in public markets as free-money era ends and thrift takes over

24 May 2022

Prenetics Chief Executive Danny Yeung, right, stands with New World Development's Adrian Cheng during the biotech startup's trading debut on the Nasdaq on May 18. (Courtesy of Prenetics)

IPO

Hong Kong biotech Prenetics tumbles after Nasdaq debut

CEO warns key COVID-19 testing business to drop as pandemic recedes

20 May 2022

LIC's IPO topped the 180 billion rupee listing of financial services company Paytm in November last year.

IPO

India's LIC falls 8% after country's largest IPO

Tepid debut of state-owned insurer signals caution as economy slows

17 May 2022

Royole CEO Bill Liu speaks during the 2019 Asian Financial Forum in Hong Kong. The Chinese tech company's fortunes have waned since it unveiled its foldable-screen phone. (Imaginechina via AP Images)

China tech

When unicorns lose their magic: Royole shows steep path for China IPOs

Startups cancel listings in face of crushing competition from big players

17 May 2022

LIC's shares were nearly three times oversubscribed, led by strong demand from small investors including policyholders, employees and retail investors.

IPO

India's LIC to go public at top end of price range

Country's largest-ever share listing will be at 949 rupees

13 May 2022

Supply Chain

Panasonic to create supply chain specialist, take it public

New company will be centered around U.S.-based subsidiary Blue Yonder

12 May 2022

Life Insurance Corp. of India's IPO has proved popular with retail investors.

IPO

Indian insurer LIC's IPO closes, oversubscribed nearly threefold

But analysts say prospective listees will have to pare back valuations

9 May 2022

Malaysia’s Carsome has filed for an IPO with Nasdaq in the U.S. (Source photos by Reuters and screenshot from Carsome's website)

DealStreetAsia

Malaysian unicorn Carsome buys auto websites WapCar, AutoFun

Used car marketplace startup accelerates acquisitions for upcoming IPO

6 May 2022

Life Insurance Corp. of India held a press conference April 27 in Mumbai for its initial public offering.

IPO

Indian insurer LIC kicks off record $2.7bn IPO

Offering subscribed 67% on 1st day, fueled by discounted shares for individual investors

4 May 2022

Security hard-liner John Lee is the only candidate to be Hong Kong's next chief executive.

Your Week in Asia

Japan PM in Southeast Asia and Europe, Australia rates, Hong Kong election

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

1 May 2022

India hopes to boost state coffers by selling down a part of its holdings in Life Insurance Corp. of India, which has a domestic market share of over 63%.

IPO

India cuts state insurer IPO's fundraising target by two-thirds

Downsized LIC offer leaves 'money on table' for other companies hoping to list

27 April 2022

#techAsia

GoTo lists and China presses start on video games

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

14 April 2022

GoTo's debut on the Indonesia Stock Exchange has stoked pride in the Southeast Asian country. (Photo courtesy of GoTo)

Startups

Indonesia's GoTo faces critical challenges after landmark IPO

Enhancing competitiveness, turning profits among keys to expanding investor base

14 April 2022

The planned listing could make Seijo Ishii the second-largest supermarket operator on the bourse. (Photo by Kaisuke Ota)

Retail

Japan high-end supermarket operator Seijo Ishii to go public

Lawson unit to earmark funds for marketing, acquisitions and shareholder returns

12 April 2022

GoTo executives react after the Indonesian superapp began trading on the Indonesia Stock Exchange on April 11. (Photo courtesy of GoTo)

IPO

Indonesia's GoTo shares close up 13% in stock market debut

Superapp follows regional rivals in listing even as investor appetite has waned

11 April 2022

India has had just a handful of IPOs this year, a marked contrast to the fevered activity in 2021. (Source photos by Kosaku Mimura and Reuters)

Market Spotlight

India's IPO market revives, but caution is the watchword

Economic concerns and stock market swings bring an end to investors' ebullience

11 April 2022

Arm has struggled to regain control of Arm China, as the subsidiary's head has refused to relinquish power since June 2020.

Caixin

Arm wants distance from troubled China subsidiary amid IPO hopes

U.K. chip designer sheds shares as SoftBank aims to list unit

7 April 2022

LG Energy Solution drew interest from investors thanks to the growth potential of its batteries for electric vehicles.

IPO

Asia's IPO market bucks global slump thanks to megadeals

South Korea's LG Energy was largest Q1 debut but market volatility clouds outlook

4 April 2022

Gogoro, which counts Taiwanese chipmaker Foxconn among its backers, expects to receive $335 million in cash after its merger with SPAC Poema Global Holdings. (Photo courtesy of Gogoro)

IPO

Taiwan e-scooter king Gogoro set for April 5 Nasdaq listing

'Tesla of scooters' looks to raise $335mn from SPAC listing

1 April 2022

Pine Labs' cloud-based platform enables it to offer a wide range of payment acceptance and merchant commerce solutions. (Screenshot from Pine Labs YouTube page)

DealStreetAsia

Indian merchant payment startup Pine Labs raises $50m

Company to expand global footprint while delaying IPO

31 March 2022

GoTo aims to raise about $1.1 billion in its initial public offering on the local stock exchange on April 11. (Photo courtesy of GoTo)

IPO

Indonesia's GoTo set for $1.1bn IPO on April 11

CEO says listing amid market downturn a 'testament' to its long-term potential

31 March 2022

The Shanghai Stock Exchange. The bourse has waived listing fees and offered IPO consultations online while the city remains locked down due to high COVID cases.

IPO

Shanghai COVID lockdown holds up more than a dozen IPOs

Businesses planning to list unable to perform due diligence

31 March 2022