One of them, Baytree, could even be worth than less than implied six months ago when Alibaba invested in it during pre-IPO funding.
Despite the headwinds affecting the Philippine stock market, San Miguel has decided to move forward with plans to sell shares in its consolidated food and beverage business through a sharply downsized block trade.
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 Development Bank of Mongolia's successful international bond market return underscores a remarkable economic turnaround almost two years after the country nearly defaulted. But how much upside remains?
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.
Heavy issuance clouds relative value perceptions in secondary markets as the gap widens between the fortunes of investment grade and high yield transactions.
Korea’s largest conglomerate creates a linear shareholding structure under Samsung C&T after two affiliates sold their last batch of shares in the company in a $833 million block trade.
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.
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.
It's the world's most expensive bank by book value, but overseas investors shrugged off concerns about India's banking sector and gave strong support to its dual-tranche share sale.
Unfazed by a massive retreat in global equities, Chinese smartphone maker prices the world’s largest IPO in nearly two years. Attention is now shifting to its debut next month.
China’s leading dating and social networking app takes advantage of its stock rally to tap funding from convertible bond issue for its acquisition of rival app Tantan.
Investors do well from follow-on yield plays as a flattening US yield curve and overseas M&A drives an uptick in activity.
Two mega IPOs set to raise more money this July than China’s onshore/offshore total so far this year combined.
Escalating global trade tensions stop a tentative rally in its tracks, overpowering the positive impact of declining issuance and rebounding Treasuries.
As loss-making Chinese auto trading app prepares Nasdaq listing, the company needs to distinguish itself from rivals in a fiercely competitive market. Will Leonardo DiCaprio help?
Ethan Farbman is leaving the bank after a 14-year stint amid a broader reshuffle in the US bank's Asia debt team.