IPO

LG Energy Solution plans to use funds raised from its IPO for expansion to meet rising demand for electric car batteries.
IPO

LG Energy Solution confirms price for potentially historic IPO

World's No. 2 EV battery maker aims to raise $11bn to help meet rising demand

14 January 2022
Shares of Grab, a Singapore-based superapp, have been falling after they plunged 21% in their Dec. 2 debut.
Markets

Indian and ASEAN tech stocks crater as U.S. rate hikes loom

Investors wake up to losses, likely dampening IPO boom

14 January 2022
With SPACs on the way, Singapore could draw the attention of investors looking for new opportunities in fast-growing Southeast Asia. (Photo by Akira Kodaka) 
IPO

Singapore poised to beat rival Hong Kong in listing first SPACs

Temasek-owned Vertex and Novo Tellus file for 'blank check' IPOs

13 January 2022
SenseTime's stock price moves have been out of sync with the wider market for Hong Kong shares, puzzling observers.
Markets

SenseTime's post-IPO rally surprises market

Shares of sanctioned Chinese AI company up 113% since Dec. 30 debut

4 January 2022
The Japanese government decided to make IPO price formation reform part of its growth strategy this year. (Photo by Wataru Ito)
IPO

Japan seeks faster IPOs by cutting 1 week off listing process

Securities industry proposes 21-day schedule to draw more startups

31 December 2021
SenseTime says 60% of the IPO proceeds will be devoted to research and development, with the rest used for business expansion and working capital.
IPO

SenseTime shares gain in Hong Kong market debut

Stock of AI facial recognition company gains as much as 23%

30 December 2021
A man walks past trade monitors outside the Indonesia Stock Exchange in Jakarta on Feb. 2. The country's financial authorities want more local tech companies to go public.
IPO

Indonesia Stock Exchange eases rules to draw more IPOs

Attracting local tech listings gains urgency amid competition with U.S. bourses

22 December 2021
Indian e-commerce startup Snapdeal operates an online shopping mall, earning a commission by facilitating transactions between merchants and consumers.
IPO

SoftBank-backed Snapdeal files for 2022 India IPO

E-commerce company seeks to raise $165m after COVID disruptions

21 December 2021
SenseTime's shares are due to start trading on the Hong Kong Stock Exchange on Dec 30.
IPO

SenseTime relaunches $767m Hong Kong IPO after U.S. investment ban

Company plans to sell 1.5bn shares; the final price due to be set on Thursday

20 December 2021
Chinese ride-hailer Didi disclosed a plan to withdraw from the New York Stock Exchange and relist in Hong Kong in a brief statement on Dec. 3, barely five months after its June 30 IPO.
Caixin

Didi's rocky road to a Hong Kong share listing

Chinese ride hailer walks regulatory, cost tightrope to pull out of Wall Street

14 December 2021
SenseTime launched its debut share sale last week, aiming to raise as much as $767 million.
IPO

Chinese AI group SenseTime postpones IPO following U.S. sanctions

Company 'remains committed' to plan for Hong Kong share sale

13 December 2021
Golden Star Acquisition has applied for a Nasdaq listing as it targets businesses that are "strategically significant" to Asian markets.
DealStreetAsia

Asia-focused SPAC Golden Star looks to raise $100m in U.S. IPO

Company in hunt for businesses in tech, clean energy and health care

13 December 2021
SenseTime had said it expected its shares to begin trading in Hong Kong on Dec. 17.
IPO

SenseTime IPO plan in jeopardy as U.S. adds it to blacklist

AI unicorn labeled part of China military-industrial complex before Hong Kong listing

11 December 2021
A hat lined with with a Flexible+ display made by Chinese manufacturer Royole is seen at the Mobile World Congress in Barcelona, Spain, in 2019.
Caixin

Chinese flexible-screen maker Royole delays employee salaries

Questions raised over whether STAR market listing requirements are too lax

9 December 2021
South Korea's LG Energy Solution sees promise in booming demand for electric vehicle batteries.
IPO

LG Energy Solution unveils plan for South Korea's biggest IPO

World's No. 2 EV battery maker aims to raise $11bn to expand capacity

8 December 2021
Indonesian authorities want more tech companies to list on the Indonesia Stock Exchange.
IPO

Indonesia allows multiple voting shares to boost tech IPOs

Country's biggest tech company GoTo had been waiting for the regulatory change

7 December 2021
Weibo, which had 573 million monthly active users as of Sept. 30, has lost half its U.S. market value since July. 
IPO

Weibo to reach Hong Kong market as Didi pulls up stakes in U.S.

Squeezed by Beijing and Washington, China tech companies seek new sanctuary

7 December 2021
Nine cornerstone investors, mostly state-owned enterprises, have committed to buy as much as 60% of SenseTime's IPO shares.
IPO

Chinese AI group SenseTime launches downsized Hong Kong IPO

Company known for facial recognition seeks up to $767m, down from $2bn target

7 December 2021
Compared to regional peers, Thailand is a relatively mature economy, leading companies to try to outpace competitors by venturing into other countries or equipping themselves with better digital offerings. (Source photos by AP and Getty Images) 
Market Spotlight

Thailand leads Southeast Asia IPO resurgence, but has challengers

Listing of tech unicorn Bukalapak boosts funds raised in Indonesia above $2bn

6 December 2021
The case against Eugene Yeoh centered on 12 IPOs approved between 2014 and 2019. 
Finance

Former HKEX executive acquitted in bribes-for-IPOs case

Court rules prosecutors failed to prove corruption in $1m paid to official's wife

3 December 2021
Grab CEO Anthony Tan celebrates on stage during the Grab Bell Ringing Ceremony at a hotel in Singapore on Dec. 2.
3 December 2021
Grab has been grappling with intensifying competition and the multiyear impact of the COVID-19 pandemic. (Photo by Dimas Ardian)
Startups

Singapore's Grab faces latest test in Nasdaq debut

Big in Southeast Asia, the 9-year-old startup goes public in U.S. amid pandemic

2 December 2021
Social entertainment services have overtaken streaming as Cloud Village's biggest revenue generator. 
IPO

Chinese music platform Cloud Village goes social to revive growth

NetEase unit set to debut on HKEX on Thursday after $422m IPO

1 December 2021
India's Bombay Stock Exchange foresees a rush of IPOs in 2022.
IPO

India IPOs rise as startups divert investor attention from China

Dozens of companies look to list in first half despite Paytm's rocky debut

30 November 2021
Japan's leading online banks, Rakuten Bank and SBI Sumishin Net Bank, have failed to generate the same buzz among investors as their counterparts elsewhere.  (Photo by Ken Kobayashi)
IPO

Japan's online banks struggle to deliver blockbuster IPOs

Low valuations indicate limited excitement for Rakuten and SBI units

30 November 2021