NEWS WRAP: Chagee raises $411 million in Nasdaq IPO
The listing was the first in the U.S. by a Chinese premium tea drink maker, which prides itself on the simplicity of its products and focus on the country’s ancient…
BRIEF: China gives nod for Smart Logistics Global’s Nasdaq IPO
Business-to-business logistics company Smart Logistics Global Ltd.’s plan to list in the U.S. was formally registered by China’s securities regulator, paving the way for its Nasdaq IPO. According to the…
BRIEF: Shein London IPO approved by British financial regulator
Britian’s financial regulator has approved a London Stock Exchange listing by Shein, bringing the online fast fashion retailer one step closer to its long-awaited goal of becoming a publicly listed…
BRIEF: Zenergy rises 2% in Hong Kong trading debut
Shares of lithium-ion battery maker Jiangsu Zenergy Battery Technologies Group Co. Ltd. (3677.HK) opened up 2% at HK$8.46 in their Monday trading debut in Hong Kong. The company sold 122…
NEWS WRAP: Lalatech targets new markets as global contribution grows
The intra-city logistics company said it plans to further expand to the Middle East this year, as its international business becomes a major growth driver By Doug Young Logistics…
BRIEF: Apple supplier Luxshare considers Hong Kong listing
Shenzhen-listed consumer electronics maker Luxshare Precision Industry Co. Ltd. (002475.SZ) is reportedly considering a second listing in Hong Kong this year to raise between $2 billion and $3 billion, according…
BRIEF: Intercont shares fall in first two trading days after U.S. IPO
Shares of shipping company Intercont (Cayman) Ltd. (NCT.US) sagged in their first two trading days, after the company raised $10.5 million in gross proceeds through the sale of 1.5 million…