Chinese AI chipmaker Axera Semiconductor to raise $379 million via Hong Kong IPOThe proceeds are earmarked for upgrading its technology platform and developing new products, as well as sales expansion, potential equity ...
Chinese AI firm MiniMax targets $4 billion-plus valuation in Hong Kong IPO, sources sayChinese AI startup MiniMax has confidentially filed for a Hong Kong IPO, targeting a valuation over $4 billion and aiming to raise up to $6...
China's Zhipu AI takes initial steps to an IPOZhipu AI, developer of the GLM series of language models, claims its flagship GLM4 model surpasses OpenAI's GPT-4 on several performance be...
Chinese smartphone maker Honor announces new investorsOther backers include China's Cornerstone, the Shenzhen city government's SDG Group, and Jinshi Xingyao, an investment platform for Honor's...
Alibaba’s global online commerce arm weighs a US IPOGlobal online shopping unit includes Lazada, AliExpress, and has been valued by analysts at $39 billion.
China's open borders and push to stoke economy may revive dealmaking, advisers sayOpened borders could lead to a pick up in deals involving private equity funds later in 2023 as firms head to China to find buyers for thei...
China's SenseTime postpones $767 million Hong Kong IPO after US banChinese artificial intelligence start-up SenseTime Group postponed its $767 million Hong Kong initial public offering (IPO) on Monday after...
China's Ximalaya, Qiniu file for U.S. IPOsThe largest online audio platform in China, Ximalaya had 250 million average monthly average users in the first quarter of 2021, according ...
Ant's IPO fiasco set to clip its wings and dent its value"Ant's business is likely to be restricted by new financial regulations. As a result, the relaunched IPO price will most likely be lowered,...
Ant Group's $37 billion IPO suspended in both Shanghai and Hong KongThe Shanghai stock exchange announced that it had suspended the company's initial public offering (IPO) on its STAR Market, prompting Ant t...
Jack Ma’s Ant seeks to raise $35 billion in biggest-ever IPOThe company may raise another $5.17 billion if it exercises it Hong Kong and Shanghai green shoe options. That would give Ant a valuation o...
Secrecy and speed: Inside Ant Group's unusual IPO processAnt is following a highly unusual process that draws on some of the tactics its former parent and affiliate Alibaba Group previously used.
- China to play role in General Motors IPO
Among the banks helping General Motors with its initial public stock offering next week are two identified by initials only: ICBC and CICC.