Difficult public equity markets and long lead times before companies list their shares are propelling issuers and investors to prioritise off-market transactions.
As the race between Grab and its unicorn rivals hots up, Indonesia’s regulators must make the route to an IPO easier for issuers and rules more transparent for investors if they want to give home-grown talent a boost.
On average less than half as deep as in the US, capital markets in the Asia-Pacific region are catching up rapidly. A new report says they are poised to explode in the coming decade.
Despite fewer initial public offerings in Asia ex-Japan last month, the largest eight offerings that are trading performed positively up to January 31.
With its online ticketing business Maoyan Entertainment looking to raise $345 million from its IPO, Tencent is set to go head-to-head against Alibaba on the Hong Kong stock exchange.
China’s dominant music distributor had hoped to overtake Spotify with its $1.1 billion New York IPO. But for now, Tencent Music still lags its main international rival.
Another disappointing year for Malaysian equity deals is on the cards as bankers wonder how listing candidates and their private equity backers will achieve their valuation expectations.
As PTT prepares to spin-off its oil and retail arm, Thai IPOs are shaping up to raise more money in 2019 than in 2017 and 2018 combined.
Two out of the country’s four unicorns are preparing to list. The question is how, when and where?
One of them, Baytree, could even be worth than less than implied six months ago when Alibaba invested in it during pre-IPO funding.
In a move to boost domestic equity markets, Beijing wants to relax listing requirements for its new technology innovation board. But venture capitalists remain cautious.
Asian equity markets are being driven by sentiment rather than fundamentals say bankers and investors, hopeful of a turnaround before year-end.
Indonesian paper packaging producer opts to brave a difficult market because it needs money for expansion. Is it the right time for foreign funds to re-invest?
Netflix-like content distributor raised $324 million and set the timeline to list in Hong Kong next year.
The drug developer will be the second biotech firm to list in Hong Kong without any profits or revenues. It believes that China’s underpenetrated biologics market provides a massive opportunity in the long run.
The junta government aims to raise $1.4 billion from an initial public offering of a toll road-backed infrastructure fund, creating a new way to raise capital for infrastructure development.
The Tokyo-based venture fund is raising its fourth fund, aiming for $120 million for investment in early-stage internet-related companies in Japan, Taiwan and developed Asia.
Investors are unplugging from the primary market following poor secondary market performance. Will Tencent Music entice them back?
China’s largest digital music distributor operates under an integrated entertainment business model, which allows it to make a profit while rival Spotify continues to struggle with losses.
It may not be as famous internationally as Red Bull but energy drinks group Osotspa is Thailand's oldest consumer products company and it plans to raise as much as $460 million.