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Chinese AI firm MiniMax, others launch Hong Kong IPOs in year-end rushHong Kong's stock market is experiencing a significant revival, fueled by AI and chip companies. Chinese AI startup MiniMax Group has spear...
SoftBank posts first annual profit in four years, but Ola and Swiggy weigh on Vision Fund 2 in Q4SoftBank Group reported a $708 million investment loss for its Vision Fund 2 in the January-March quarter, primarily due to the poor perfor...
Chinese AI firm SenseTime denies research firm Grizzly's claim it inflated its revenueThe company said it was reviewing the allegations and "considering the appropriate course of action to take to safeguard the interests of a...
As China's AI 'war of a hundred models' gains pace, investors warn of a shakeoutTensions between Beijing and Washington have also weighed on the sector, as US dollar funds invest less in early-stage projects and difficu...
SoftBank left millions on the table to engineer a win for Masayoshi SonThe company left a lot on the table: Pricing the IPO just $1 more a share — a notion Son rejected — would have raised about $100 million mo...
Asia stocks rise on hopes regional central banks hold steady on ratesStrong U.S. employment data published last Friday sparked expectations that the Fed may hike rates in May, but the 25 basis point rise now ...
Indonesian startup GoTo is world’s worst large size tech IPO this yearShares of the Indonesian startup provider of food delivery services to fintech solutions are falling for a 10th straight session, taking lo...
SoftBank plans Vision Fund job cuts after record net lossVision Fund, which upended the world of venture capital with splashy bets on startups such as Uber and Didi, posted a $23.1 billion loss in...
Storm clouds gather at SoftBank Group as valuations slideMajor SoftBank assets that went public over the last year and are now trading below their listing price include ridehailing company Didi Gl...
SenseTime shares up 150% since late December IPOSenseTime raised $740 million in its initial public offering (IPO), the fifth largest in Hong Kong in 2021.
SenseTime shares jump 23% on debut after $740 million Hong Kong IPOSenseTime sold 1.5 billion shares in the IPO.
SenseTime relaunches Hong Kong IPO to raise $767 millionSenseTime's first attempt at listing was shelved last Monday after the company was placed on a U.S. investment blacklist.
SenseTime relaunches Hong Kong IPO to raise $767 millionSenseTime's first attempt at listing was shelved last Monday after the company was placed on a US investment blacklist. The startup plans t...
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 Sensetime postpones $767 mn Hong Kong IPO after US banSensetime said it remained committed to completing the offering and would publish a supplemental prospectus and an updated listing timetabl...
China's SenseTime Hong Kong IPO in limbo after US blacklistingSenseTime had missed the pricing date for the IPO on Friday after a media report that a blacklisting was imminent.
SenseTime launches Hong Kong IPO to raise up to $767 millionThe deal launched on Monday for the company to sell 1.5 billion primary shares within a price range of HK$3.85 to HK$3.99 each, the term sh...