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SoftBank plans to keep majority stake after Arm IPO

Masayoshi Speaks during the joint announcement made by Toyota Motor in Tokyo to establish a new company to provide mobility services. Alessandro Di Ciommo | NurPhoto | Getty Images Japanese tech conglomerate SoftBankIt intends to retain a majority of U.K. Chip Designer Arm’s shares when the company is listed in an initial public offering. Masayoshi […]

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Online grocery delivery platform Instacart confidentially files for IPO in the U.S.

An April 6th, 2020 Giant grocery in Washington DC sees a customer filling his cart. Evelyn Hockstein/The Washington Post via Getty Images Instacart’s grocery delivery platform said that Wednesday night it filed a draft registration declaration with the U.S Securities and Exchange Commission, which will open the door for Instacart to list its shares. Groceries […]

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Chinese EV maker Nio proposes a secondary listing in Singapore

Nio plans to list its shares here. After its IPO in New York, and secondary listing in Hong Kong, this would mark the third location for the Chinese electric vehiclemaker. Getty Images| Future Publishing | Getty Images An ex-President Donald TrumpA 2020 law required foreign corporations that are U.S. listed to meet higher auditing standards. […]

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Chinese ride-hailing giant Didi investigated by SEC after U.S. IPO

Didi stated in its annual report, that the U.S. Securities and Exchange Commission is investigating. After Didi’s U.S. IPO in 2013, the SEC began investigating. Sopa Images | Lightrocket | Getty Images U.S. Securities and Exchange Commission (USSEC) is currently investigating DidiThis added pressure to the Chinese ride-hailing leader is evident after their ruined initial […]

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Is the SPAC boom over? Asia, US deals appear to be fizzling out

Some businesses are choosing Hong Kong over Singapore as their Asia headquarters because it is less desirable than Singapore. Getty Images – Reuters| Getty Images, Reuters It’s been a slow and cautious start for SPACs that launched in Hong Kong and Singapore in recent months — in stark contrast to last year’s SPAC boom in […]

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IPOs in China, Hong Kong down amid omicron surge, stock volatility

The variety of public listings in better China fell considerably within the first quarter of the yr, however nonetheless carried out higher than different world markets, knowledge from consultancy EY confirmed. Larger China total had a 28% drop within the variety of preliminary public choices, though IPO exercise in Hong Kong was slower in comparison […]

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Chinese electric car start-up Nio plans to list in Hong Kong on March 10

Outside the New York Stock Exchange, William Li (Nio Founder and Chief Executive Officer) celebrates his company’s IPO. Photo by NYSE BEIJING — U.S.-listed Chinese electric car company NioIt will offer shares to trade in Hong Kong from March 10th, the start-up announced Monday. This move is being made as the regulatory risk in China […]

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Abu Dhabi Ports begins trading after raising $1.1bn in latest UAE IPO

A woman Emirati paddles her canoe through Abu Dhabi’s skyscrapers on Wednesday, October 2, 2019, Bloomberg | Bloomberg | Getty Images On Tuesday, Abu Dhabi Ports Group shares opened for trading at 3.6 dirhams ($0.98) per unit. It had raised 4 billion dirhams ($1.1 million) through a share sale. This was the first of a […]

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Tech sell-off has VCs worried about a drop in startup valuations

Conceptual image showing flames and stock exchange numbers. Moment | Moment | Getty Images Some investors fear that after an unprecedented year of venture capital deals, the boom may be over soon.  CB Insights reports that tech start-ups received $621 billion worldwide in venture capital in 2021. This is more than twice the amount raised […]

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Draft rules on overseas IPOs will apply to Hong Kong

Protective masks are worn by people who stand in front of China Securities Regulatory Commission in Beijing on April 17, 2020. Emmanuel Wong | Getty Images News | Getty Images BEIJING — China’s forthcoming rules on overseas IPOs will apply to Chinese companies that want to list in Hong Kong, the China Securities Regulatory Commission […]