Shein will struggle to justify $40-50 billion Hong Kong IPO valuationRevenue rose 8% to $41.8 billion in 2025, but net income fell 39% to $2.06 billion. In the first quarter of this year, the fast fashion r...
Global Market: Hong Kong IPO boom draws rising interest from overseas companiesHong Kong's stock market is seeing more foreign companies file for listings. Firms from countries like Indonesia and South Korea are explor...
Gold on track for weekly gain; markets focus on US-Iran peace deal prospectsGold prices are climbing, set for a weekly rise. Investors are optimistic about peace between the U.S. and Iran. This is happening even as ...
Chinese New Year 2026: Will China’s stock market remain open on the Lunar New Year? Here’s the trading scheduleChinese New Year 2026:The Lunar New Year, commonly known as the Spring Festival, is China’s most significant traditional holiday. It signal...
Biotech it to the market: India’s Bioeconomy can reach $1.2 trillion by 2047 but only with bold capital-market reformsIndia must create a special listing framework for research-stage companies on its stock exchanges. This will unlock capital for biotech and...
India’s NSE enters global top 10 exchanges ranking for the first timeThe National Stock Exchange of India (NSE) has entered the global top 10 list of exchanges for the first time, securing the ninth spot in B...
China's Alibaba to apply for dual primary listing in Hong KongThe move comes after the Hong Kong Stock Exchange (HKEX) in January changed its rules to allow "innovative" Chinese companies with weighted...
BYD slumps on chatter Buffett's Berkshire may have cut stakeCitibank's shareholding in BYD has increased by 225 million shares to 388.61 million shares on July 11 from 163.4 million shares on July 8,...
India accounts for nearly 3% of global IPO proceeds worth $330.6 bn in Jan-SepIn terms of the number of initial public offerings (IPOs) during the 2021 January-September period, India's count was 72 which is 4.4 per c...
Chinese firms with offshore structure to need approval for Hong Kong IPOsThe move would not augur well for the Asian financial hub as it may make it more challenging for Chinese firms looking for a venue closer t...
China's Didi leans towards New York over Hong Kong for IPO, eyeing at least $100 billion valuation: ReportDidi has also discussed the option of listing via a special-purpose acquisition company, although it was seen as less viable given the comp...
Battle for Aramco IPO heats up as exchanges vie for supremacySecuring the listing would be a coup for the bourses as they tackle low volumes.
China's yuan rises after c.bank fixes midpoint at 11-month highPrior to market opening, the People's Bank of China set the yuan's midpoint at 6.6597 per dollar, the strongest level since Sept. 22, 2016.
World’s best IPO has gained 6,000%, but analysts say stay awayLuen Wong Group Holdings Ltd. jumped 1,438 per cent on the first trading day after its April initial public offering and is now 6,715 per c...
Hong Kong exchange to start stock volatility control systemThe new tool will help to stop so-called fat fingers and rogue algorithms from causing erroneous price swings, according to the market regu...
NSE likely to command a valuation of Rs 18,000-Rs19,000 croreThe reason behind their higher price-to-earnings (P/E) multiple seems to be the average returns provided by these exchanges since their lis...
Hong Kong shares end at 3-week high on hopes of more China link-upsThe Hang Seng index rose 0.9 percent to 20,576.77 points, bringing its gains this week to 3.6 percent. The China Enterprises Index gained 0...