Guming Holdings’ US$233 million (S$315 million) Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial founder, Wang Yun’an, to US$1.2 billion, according to ... ( read original story ...)
Eternal Beauty, China’s Largest Fragrance Distributor, Revives Hong Kong IPO Bid
The Hong Kong-based firm works with Hermès, Van Cleef & Arpels, Chopard, Albion and Laura Mercier in mainland China, Hong Kong and Macau. ( read original story ...)
GDS considers IPO for international DayOne unit – report
Reports that GDS was seeking $1 billion in investment for its international data center unit surfaced in August 2024. In March of last year, the company raised $587 million for the unit. This was ... ( read original story ...)
China’s Bubble Tea Firm Mixue to Raise About $500 Million in Hong Kong IPO Later in Feb, Sources Say
SYDNEY/HONG KONG (Reuters) - China's largest bubble tea firm, Mixue Group, will begin bookbuilding for its Hong Kong initial public offering by the end of February to raise about $500 million, ... ( read original story ...)
Is China’s state-funded stock revival plan pie in the sky?
As China directs its large financial institutions to help revive and rebalance a struggling stock market, analysts see merit in the plan but are sceptical it will stimulate a recovery. ( read original story ...)
HyperStrong listed on Shanghai’s STAR Market
HyperStrong, world's leading provider of battery energy storage systems (BESS), made its debut on the Shanghai Stock Exchange's Science and Technology Innovation Board (STAR Market). ( read original story ...)
Stock market today: Asian stocks down after Trump imposes tariffs on imports of steel and aluminum
Stocks in Asia were mostly down Tuesday, after U.S. President Donald Trump imposed 25% tariffs on all U.S. imports of steel and aluminum. Hong Kong’s Hang Seng index declined 0.62% to 21,388.49, while ... ( read original story ...)