Hong Kong’s IPO rally under scrutiny, as ZTE hits new U.S. headwinds
Hong Kong's stock regulator has warned IPO underwriters over the declining qualiy of new listing applications. Is this a red flag for the city's booming IPO market, or just the usual regulatory caution? And the U.S. could fine telecoms equipment maker ZTE $1 billion for bribery in Brazil. Why does Washington think it can force ZTE to pay such a large amount?
CaoCao hits rocky post-IPO road amid lingering concerns
The ride-hailing platform’s shares plummeted last week, shaving more than $1 billion from its market value in just days and catching retail investors by surprise Key Takeaways: CaoCao shares lost…
51Job overpaid for its privatization, Cayman court says, ending dissenters’ challenge
A judge ruled last month that the management-led group’s privatization offer for the leading online job site was roughly double what the shares were worth Key Takeaways:. A Cayman Islands…
Hong Kong chip frenzy enters AI lane with Iluvatar IPO
The maker of general purpose GPUs used in AI computing has made its first public filing and passed its listing hearing for a Hong Kong IPO that could raise around…
Aulton swaps out narrowing losses for falling revenue
The battery swapping specialist has applied for a Hong Kong IPO, with investors including Nio Capital, Japan's Toyota Tsusho and Shanghai Shine-Link International Logistics Key Takeaways: Aulton New Energy has…
AI computing boom triggers IPO rush by circuitry firms
Delton Tech is the latest supplier of printed circuit boards to apply for a Hong Kong listing, seeking funds to keep pace with demands from AI computing Key Takeaways: The…
China’s Android turf war faces a regulatory reckoning
After years of controlling the apps on their products, smartphone brands are on notice that China’s market regulator won’t tolerate unfair practices like app blocking and traffic hijacking By…
