BRIEF: Legend Biotech considers second listing outside U.S.
Cancer treatment maker Legend Biotech Corp. (LEGN.US) is weighing a second listing to complement its existing one in the U.S., with possible venues including Hong Kong, Singapore and London, Bloomberg…
BRIEF: Pony AI to launch robotaxi service in Qatar
Robotaxi operator Pony AI Inc. (PONY.US) announced on Friday that it will deploy its robotaxis in Qatar through a partnership with Mowasalat, the country’s largest transportation services provider. The move…
BRIEF: Baidu to issues yuan-denominated notes
Chinese internet giant Baidu Inc. (9888.HK, BIDU.US) said on Monday it plans to offer yuan-denominated unsecured senior notes in offshore transactions outside the U.S. The company plans to use proceeds…
BRIEF: Many Idea Cloud launches 1-for-6 rights issue at 22% discount
Marketing solutions provider Many Idea Cloud Holdings Ltd. (6696.HK) announced on Thursday that it plans to raise up to HK$274 million ($35 million) through a 1-for-6 rights issue. It set…
BRIEF: Sunac’s sales fall 27% in August
Real estate developer Sunac China Holdings Ltd. (1918.HK) said on Thursday its contracted sales totaled 5.39 billion yuan ($755 million) in August, down 27% from the same month a year…
INDUSTRY NEWS WRAP: Nasdaq to crack down on small Chinese listings
The exchange operator’s proposed new rules would require all new Chinese IPOs to raise at least $25 million By Doug Young The Nasdaq on Wednesday proposed new listing standards…
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