IPO Archives - Page 13 of 19

JD.com Could Accelerate Secondary Listing Preparations after Positive Q1 2020 Report

After the release of its Q1 financial report on May 15, JD.com accelerated its preparations for a secondary listing in Hong Kong.

Kingsoft Cloud Shares Soar 40% in U.S. Trading Debut After Luckin’s Fraud

China’s cloud services provider Kingsoft Cloud Holdings Ltd. shares rose 40% on Friday in the first major trading on the NASDAQ stock exchange.

Kingsoft Cloud Updates IPO Prospectus, Kingsoft Group and Xiaomi Could Buy $75 Million in ADS

Kingsoft Cloud filed an IPO prospectus update with the US Securities and Exchange Commission (SEC) showing that the company will issue 25 million American depositary shares.

‘Ponzy Scheme’: Experts Share Opinions on the Luckin Coffee Scandal

Having faked its revenue numbers, Luckin became a laughing stock of a unicorn, with analysts on both sides of the pond contemplating over what outcomes this situation will have on a larger scale for Chinese businesses abroad.

Kingsoft Cloud Submits F-1 Prospectus to SEC, Starts Pre-IPO Roadshows Next Week

Kingsoft Cloud plans to list on NASDAQ under the ticker KC. JPMorgan Chase, UBS, Credit Suisse and CICC will act as joint lead underwriters for Kingsoft Cloud's IPO.

Wuhan-based Bestore Livestreams IPO in Shanghai

Bestore, a high-end snack store chain headquartered in Wuhan, listed on the Shanghai Stock Exchange on February 24.

China IPO Watch: Huize Holdings – Online Insurance Platform

Huize Holdings is a Shenzhen-based an online insurance cpmpany that aggregates insurance products and aims to provide a seamless user experience targeting the younger generation.

Chinese Ride-hailing Company Dida Chuxing Rumored to Raise $300 Million in Pre-IPO Round

Bloomberg reports Chinese ride-hailing company Dida Chuxing is expected to raise up to $300 million in a pre-IPO round.

A+H Dual Listing Plan？Ant Financial: No Plan or Timetable

Ant Financial has responded to rumors of dual listing IPO of both A-shares and H-shares, saying there is no plan or timetable for an IPO.

Chinese Podcast Platform Lizhi Expected to Raise $61 Million in the Upcoming IPO

Chinese audio platform Lizhi has updated its prospectus a few days ago to reveal more details of its upcoming IPO.

Danke Apartment to Become Listed on NYSE on January 17

The long-term rental service provider Danke Apartment updated its F-1 prospectus filed to the US SEC and it is expected to be listed on New York Stock Exchange with the ticker symbol “DNK”.

Baidu Considers Secondary Listing in Hong Kong

Following Alibaba’s historic secondary listing on the Hong Kong stock exchange, other Chinese tech giants including Baidu are considering a similar strategy, according to IPOzaozhidao.

Chinese Travel Platform Ctrip Plans for Secondary Listing in Hong Kong

According to Tencent News, Ctrip plans to return to Hong Kong for a secondary listing and has recently approached a number of Chinese and foreign investment banks.

China’s VC Market is Dwindling, but Is It a Bad Thing?

After a record-setting 2018 that saw Chinese VCs ladle out cash to startups at mind-boggling valuations, current numbers spooked global investors, some of whom regard the diminished numbers as a sign of an imminent industry debacle.

Chinese Flexible Screen Leader Royole Seeks US IPO

Royole Corporation is seeking a US IPO, aiming to raise $1 billion, a person familiar with the situation told Leidi.com.

Here Is How Ucommune Could Beat WeWork Hollow

As Asia’s biggest office space provider Ucommune is preparing to repeat its rival’s miscarried feat, the question arises as to what it can offer that WeWork couldn’t.

Kingsoft to Spin-off Kingsoft Cloud With Hopes for Another IPO

On December 22, Chinese software developer Kingsoft issued a proposal for a spin-off and independent listing announcement, regarding its sub-branch Kingsoft Cloud.

JD Logistics Discussing Overseas IPO Insiders Say

The logistics unit of JD.com is eyeing a potential overseas IPO that could raise $8 – $10 billion, two insiders revealed to Reuters.

Chinese Online Real Estate Platform Beike Rumored to Seek IPO Next Year

According to Bloomberg, the Chinese real estate platform Beike Zhaofang (Beike), has been working with a consultant on a potential IPO and may complete its listing as soon as 2020.

Online Recruitment App BOSS Zhipin Rumored to Complete New Round of Financing

Chinese tech media 36Kr reported that online recruitment app BOSS Zhipin has recently completed a new round of financing, raising close to $100 million.

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