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CATL considers second Hong Kong listing to raise at least US$5 billion
CONTEMPORARY Amperex Technology Co Limited (CATL) is considering a second listing in Hong Kong that could raise at least US$5 billion, making it the city’s biggest since early 2021,...
Battery-maker CATL considers Hong Kong listing to raise US$5 billion
CONTEMPORARY Amperex Technology Co Limited (CATL) is considering a second listing in Hong Kong that could raise at least US$5 billion, making it the city’s biggest since early 2021,...
China’s LGFVs raise record dim sum debt as domestic curbs bite
CHINESE local government financing vehicles (LGFVs) are selling an unprecedented amount of offshore yuan bonds, skirting attempts made by Beijing to reduce their debt sales.LGFVs have raised 163.6 billion...
NTUC to raise staff retirement and re-employment ages from January 2025
THE National Trades Union Congress (NTUC) will raise the retirement and re-employment age ceilings for all its workers one-and-a-half years ahead of the national schedule, to benefit older employees. ...
New US solar tariffs on South-east Asia to raise prices, cut profit margins
A NEW round of US solar panel import tariffs on South-east Asian producers is expected to raise consumer prices and cut into producer profit margins, but was largely anticipated...
RBA reforms raise uncertainties over rate path, economists say
Australia’s surprise late-night passage of legislation that will split the Reserve Bank of Australia’s (RBA) board into two entities may pave the way for it to reveal votes similar...
Chinese driverless-tech firm Pony AI said to raise US$260 million in US IPO
The Guangzhou-headquartered company priced its American depositary shares at US$13 eachPONY AI raised US$260 million after pricing its US initial public offering at the top of the marketed range,...
Singapore Gulf Bank to raise funds, buy stablecoin payments firm
SINGAPORE Gulf Bank is seeking to raise at least US$50 million in a funding round and plans to acquire a stablecoin payments company next year, according to people with...
