IPO

Ant Group

Ant Group to close Hong Kong institutional book early amid ‘overwhelming’ demand for IPO

Ant Group will close institutional order publications of the Hong Kong part of its record-setting double IPO ahead of schedule as a result of strong demand, sources with direct kno...

ByteDance

ByteDance in early talks to list Chinese short video app Douyin

TikTok-owner ByteDance is in talks and with investment banks to record its Chinese brief video app Douyin at Hong Kong, based on two people familiar with this situation.

Ant Group

Jack Ma: Ant Group IPO pricing “history’s largest”

The colossal dual listing for Chinese FinTech Ant Group will be the world’s largest, according to a pricing determined late on Friday, Alibaba founder Jack Ma said over the w...

Ant Financial

Ant’s record allocation in Shanghai IPO fuels small investor scramble

Chinese FinTech Ant Group’s move to earmark a record 80% of the Shanghai leg of its $35 billion dual-listing for strategic investors has resulted in a scramble among younger ...

Didi V2X

Didi lines up 2021 IPO in Hong Kong, targets more than $60 billion valuation

China’s leading ride-hailing business Didi Chuxing is considering Hong Kong to get a multibillion-dollar first public offering next year, falling previous aims to list in New...

Alipay

Increased Chinese scrutiny increases investment risk of ‘Beast’ Ant

As Ant Group was pushing forward in August towards its IPO, at least two smaller Chinese banks using existing ties to the FinTech player decided to stop sourcing fresh customer loa...

Security

News short: McAfee looks to raise up to $814 million in US IPO

Cyber security company McAfee Corp said on Tuesday it’s seeking to raise up to $814 million in its initial public offering in the United States.

Triller App

TikTok rival Triller explores deal to go public

Triller Inc, a genuine competitor to current favourite short-video app TikTok, is in talks with blank-check acquisition companies in regards to a merger that would take the US soci...

Ant Financial

Ant Group’s $35 billion IPO unlikely to be hurt by possible US curbs

Ant Group’s $35 billion initial public offering (IPO) is not likely to suffer from any US restrictions on the Chinese financial technology giant due to its very limited overs...

UK Parliament

London Stock Exchange in talks with Indian tech firms to list overseas

The London Stock Exchange is in discussions with several Indian technology companies for their overseas stock listings, a senior executive for the British exchange told journalists...

Applovin

Mobile gaming firm AppLovin hires Morgan Stanley to lead its IPO

AppLovin Corp, the US-based mobile gaming company backed by private equity firm KKR & Co, has hired Morgan Stanley to lead preparations for an initial public offering which cou...

AppHarvest AgTech Start-up

AppHarvest to go public via merger with blank-check firm

AgTech business AppHarvest has said it will go public through a merger with a blank-check company in a deal that will value the business at $1 billion.

Ant Financial

Ant launches blockchain-based cross-border trade platform ahead of $35 billion IPO

Ant Group, owner of China’s leading mobile payment app Alipay, launched a blockchain-powered platform for cross-border commerce settlements on Friday, as it races to start mo...

Ant Financial

China’s Ant takes another step towards $35 billion IPO

Ant Group submitted records to the securities regulator for registration of the Shanghai portion of its IPO, the city’s bourse has said, moving a step closer to a planned dua...