GDS moves closer to breakup with REIT spinoff plan
The company could break itself into three pieces next year, one a China-based REIT, one for its China-based data center business, and one for its global data center business Key…
Xunzhong eyes Southeast Asia for relief from China’s stormy cloud
The niche provider of cloud communications services has filed for a Hong Kong IPO, signing DBS as its lead underwriter to raise its profile in Southeast Asia Key Takeaways Xunzhong…
PODCAST: A Shunned Shein, and Haidilao’s Global Expansion
After getting rejected in the U.S. and hitting headwinds in London, fast fashion sensation Shein may be taking its mega-IPO to Hong Kong. But will investors buy into its profitable but controversial story? And hotpot chain Haidilao steps up its global expansion with spinoffs and separate listings for its Super Hi brand. Will this become China's first overseas restaurant success story?
FAST NEWS: Euda Health acquires CK Health in $15 million deal
The Latest: Singapore-based digital health platform EUDA Health Holdings Ltd. (EUDA.US) said on Wednesday it completed its acquisition of CK Health Plus Sdn Bhd, a Malaysian provider of consumer wellness…
Ant Group’s WorldFirst boosts its Southeast Asia footprint
The global payments company will start offering its cross-border e-commerce payments services in Vietnam, Thailand, the Philippines and Malaysia over the next year Key Takeaways: WorldFirst will expand its cross-border…
FWD touts growth as IPO campaign drags on. But investors may want more
The Hong Kong-based regional insurer said the value of its new business grew 29% in 2022, even as its annual premium and fee income fell 15% Key Takeaways: The value…
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GDS moves closer to breakup with REIT spinoff plan
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