IPO Archives - Page 10 of 19

ByteDance Said to Consider IPO for Douyin in Hong Kong or New York, Increasing Its Valuation to Nearly $400 Billion

TikTok owner ByteDance is planning to launch an offshore public listing for short video app Douyin, the Chinese version of TikTok, which could value the company at roughly $400 billion in the private market.

Chinese Provider of Mobile Charging Devices Energy Monster Debuts on Nasdaq as “EM”

Energy Monster, China’s largest provider of mobile charging devices, on Thursday officially listed on Nasdaq under the symbol “EM,” becoming the first Chinese shareable charging devices brand to participate in public trading.

China’s Q&A Site Zhihu To Price US Listing at $9.5 Per Share, Sources Say

China’s largest question-and-answer platform Zhihu will price 55 million shares to be issued Friday at $9.5 each, aiming to launch a $522.5 million initial public offering (IPO) in the US.

Chinese Power Bank Rental Company Energy Monster Sets Sights on US Listing

Chinese power bank rental company Energy Monster has recently announced its intentions to go public in the United States.

Breaking: Simon Hu Steps Down as CEO of Ant Group

Ant Group CEO Simon (Xiaoming) Hu on Friday evening announced that he would be stepping down from his role at the firm, after an internal email was obtained by domestic media outlet 36Kr.

Regulators Consider Raising Threshold for Tech Companies Seeking IPOs on Shanghai’s STAR Board

Companies preparing for an initial public offering on Shanghai’s tech-focused STAR board could soon face stricter rules which would require them to prove their technological credentials.

Power Bank Sharing Company Energy Monster Raises $300M and Aims for US IPO

On Feb. 10, Reuters reported that Energy Monster, a Chinese company that specializes in power-sharing devices, plans to file an initial public offering (IPO) in the U.S., aiming to raise US$300 million.

InsurTech Startup Waterdrop Set For US IPO, Latest Valuation Hitting Tens of Billions of Dollars

Leading online InsurTech company Waterdrop Inc. is reported to be in full preparation for a U.S. initial public offering (IPO) in the next quarter.

China’s Cancer Screening Pioneer New Horizon Health Raises HK$2.42 Billion in Hong Kong IPO Debut

On Feb. 18, biotechnology company New Horizon Health (6606.HK) raised HK$2.42 billion in an initial public offering (IPO) in Hong Kong, with the firm’s IPO being oversubscribed 4133 times.

Kuaishou Shares Jump 194% in Hong Kong Trading Debut

Shares of Chinese short video app company Kuaishou jumped 194% at the open on its Hong Kong debut on Friday.

JD Logistics To File for Hong Kong IPO This Month: Reports

JD Logistics, the distribution arm of Chinese e-commerce giant JD.com, is planning to submit an initial public offering application to the Hong Kong stock exchange as soon as this month, according to reports.

Why Did Alibaba’s Ant Group Lower Credit Limits for Young Users?

China’s financial technology giant Alibaba’s Ant Financial Service Group Co. cut credit limits for some young users on its digital consumer lending platform Huabei in recent days.

Shanghai Stock Exchange’s IPO Volume Ranks No.1 Worldwide: EY Report

Consulting agency Ernst & Young (EY) revealed a report on Dec. 21 that the initial public offerings (IPO) volume on the Shanghai Stock Exchange (SSE) ranked first worldwide compared to other markets.

Chinese Toy Maker Pop Mart Doubles its Shares Value in Hong Kong IPO Debut

On Dec 11, Chinese toy company Pop Mart successfully launched its initial public offering (IPO) in Hong Kong, with shares skyrocketing by 100.26% in value.

Chinese Electric Carmaker XPeng Raises $2.16 billion in Upsized Share Sale

Chinese Electric Carmaker XPeng raised $2.16 billion in an upsized follow-on offering, the company announced in a statement on Wednesday.

JD Health Commences in Hong Kong, Shares Surge 75%

JD.com's heath-care arm JD Health started trading on the Hong Kong markets on Dec. 8 and shares surged as much as 75% as of press time.

The Business of “Blind Boxes”: What does Pop Mart’s Prospectus Reveal?

As China’s fastest-growing toymaker, Pop Mart International Group announced today that the company is planning to sell 135.7 million new shares to global investors

JD Logistics Preparing for IPO Next Year? Estimated Valuation to be $40B

Supply chain and logistics services provider JD Logistics is said to be preparing for an initial public offering (IPO) next year with an estimated valuation of $40 billion, according to Reuter’s International Financing Review (IFR.)

Futu Holdings Limited 2020 Q3 Unaudited Financial Report: Gross Profit Soars by 314.1%

Futu Holdings Limited Thursday published its unaudited financial report for the third quarter ended Sept. 30, showing soaring gross profit and surging non-GAAP adjusted net income.

Tencent Profits Surge 89% Year-on-year, Pledges Cooperation with Antitrust Regulators

Chinese social and gaming giant Tencent reported strong Q3 financial results on Thursday, generating a revenue of 125.5 billion yuan ($18.9 billion), up 29% year-on-year and ahead of analysts’ expectations.

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