IPO
Candy maker YLF cites market souring on US tariffs as reason to withdraw Singapore IPO
Sentiment is ‘badly shaken’ with the current uncertainty, says its chief executiveYLF Group Marketing – the maker of Pikin plum candies – is withdrawing its application for a Singapore...
Chinese tea chain Chagee CEO becomes a billionaire after US$411 million US IPO
[NEW YORK] A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as tensions between the two...
China Southern is said to mull Hong Kong IPO of cargo unit
The deal may be coming at a tricky time for the company, which relies on Chinese exports that are under threat because of the country’s trade war with the...
OCI is said to put brakes on Malaysia IPO plan on market turmoil
The polysilicon industry has struggled with a huge surplus, with far too much capacity built relative to demand, resulting in prices of the solar grade material tumbling more than...
Shein gains UK approval for London IPO, awaits China nod: sources
[LONDON] Online fast-fashion retailer Shein has secured approval from Britain’s Financial Conduct Authority (FCA) for its planned initial public offering (IPO) in London, according to two sources with knowledge...