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.
Following Meituan-Dianping and Haidilao, the two candidates have kicked off their listings, targeting a combined $1.15 billion in what looks set to be a busy month of Hong Kong IPOs.
China’s largest hot pot chain puts forward an implied valuation nearly five times that of McDonald’s China and Hong Kong business. It may prove too much for investors to stomach.
FinanceAsia looks at why the O2O giant is leading China's two other high-flying startups as it prepares to make its way to the public market.
Four-year-old Chinese startup plans to become just the second listed electric car specialist after Tesla. It's the latest Chinese venture to seek US investment while far from profitability.
The Hong Kong Stock Exchange (HKEX) is set for a bumper crop of new listings for the remainder of 2018 with CLSA mandated on more than 30 IPOs.
San Miguel Food & Beverage files record-breaking equity deal as the country’s leading families consider spinning off assets to raise equity capital for infrastructure projects.
Mild improvement in sentiment brings some hope to the ECM pipeline as the Hong Kong/China market gears up for a busy September. But sentiment remains fragile say bankers and investors.
The world’s largest telecom tower operator will show old-economy firms can still excite if it completes its $8.7 billion offering. But then it does have some new-economy advantages.
As a new wave of public sector reform gets underway, large-caps are seen as attractive ‘buys,’ in the current market correction, says SSI.