World News by Wild Rose

Yuen Kee Food Group, the owner of well-known restaurant brand Yuen Kee Dumpling, has cleared its listing hearing with the Hong Kong Exchanges and Clearing (HKEX), aiming to raise between HK$300 million (US$38.3 million) and HK$400 million, according to people familiar with the matter. The conclusion of the hearing marked its initial public offering (IPO) plan entering its final stage, and the company planned to kick off the offering in October, the sources said, who asked not to be named because...

Belron Group SCA is reaching out to investment banks to pitch for roles on a potential initial public offering that could be one of the largest Europe has seen in recent years, according to people familiar with the matter.

Hong Kong’s Securities and Futures Commission (SFC) has directed the stock exchange to suspend trading of US-based biotech firm Cloudbreak Pharma pending an investigation into its US$78 million initial public offering (IPO) last year. “The SFC has serious concerns that Cloudbreak’s initial public offering may have been rigged to create an artificial impression of demand for Cloudbreak’s shares,” the SFC said in a statement on Thursday. The regulator considered the suspension “necessary or...

A 177% debut surge on Wednesday by Excelland Robotics Wuxi Co. is putting a spotlight on Hong Kong’s rules for allocating shares in initial public offerings after the listing left almost 94% of the shares in institutional hands despite strong demand from retail investors.

Lise Buyer, partner and founder at Class V Group, Ajay Shah, chairman of global technology investment banking at Deutsche Bank Securities, and Matt Kennedy, senior strategist at Renaissance Capital, joins Scarlet Fu on "Bloomberg Deals." Anthropic is set to finalize an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter, clearing a hurdle before the AI firm’s public filing for its highly anticipated IPO. (Source: Bloomberg)

NIGERIA · MARKETS Key Facts —What happened Dangote Petroleum Refinery signed the offer documents for its initial public offering, or IPO — the first sale of its shares to the public — at a ceremony in Lagos on Monday. —The offer 4.1 billion shares at N525 each (about US$0.40), aiming to raise N2.15 trillion (about […] The post Dangote Refinery Signs IPO Papers, Unveils US$14.3 Billion Plan to Double Capacity appeared first on The Rio Times.

Chinese frontier artificial intelligence lab DeepSeek has hired underwriters including Citic Securities in preparation for a domestic initial public offering (IPO), according to two people familiar with the matter. Citic Securities was one of the four underwriters tapped by the Hangzhou-based firm, which aims to begin the IPO process this year to list on the Shanghai Stock Exchange’s Nasdaq-like Star market, the people said, asking not to be identified as the information was private. DeepSeek...

Orion180 Insurance Group Inc., a specialty homeowners and flood insurer, is seeking to raise as much as $340 million in an initial public offering.

Investors who piled into National Stock Exchange of India Ltd.’s shares ahead of its initial public offering face potential losses, with the bourse expected to price the deal at a discount to levels its stock traded in the private market.

Indra Sistemas SA Chairman Ángel Escribano looked at the top of his game in early 2025: He had ambitious plans to turn the Spanish defense company into a European champion and was feted by politicians on all sides.

Six companies launch share sales Wednesday, the most on a single day in at least three decades.

Six months’ salary in a single day. That’s the kind of payoff China’s boom in initial public offerings is handing to a lucky few.

A handful of home-grown Chinese companies involved in brain computer interfaces (BCIs) are moving towards initial public offerings (IPOs) on onshore markets, taking advantage of the sector’s status as a new darling of private capital. The trend fits into a broad pattern of hi-tech firms flocking to list on the Shanghai Stock Exchange’s Nasdaq-style Star Market. Among the BCI hopefuls, Shanghai-based Arfysica Innovation is the latest to register for IPO coaching for a Star Market listing,...

For Dangote, the stock market debut is not only about raising capital — it is also aimed at bringing more investors into one of Africa’s most ambitious industrial projects.

Billionaire Mukesh Ambani’s Jio Platforms Ltd. plans to formally kick off investor outreach for its initial public offering as early as next week, according to people familiar with the matter, advancing plans for what could be one of India’s largest-ever listings.

Aliko Dangote and his financial advisers signed registration documents for the initial public offering of his refinery business as Africa’s richest man takes a key step toward launching the continent’s biggest share sale to date.

KKR & Co.-backed South Korean fashion retailer Musinsa Co. has taken the first formal step toward what could be one of the country’s biggest initial public offerings in years.

Billionaire Aliko Dangote is seeking to raise $1.6 billion in what would be Nigeria’s biggest initial public offering. Dangote Petroleum Refinery and Petrochemicals FZE is offering 4.1 billion shares at 525 naira ($0.40) each, a company spokesman said Friday. The IPO will open on Sept. 14. Bloomberg's Anthony Osae-Brown reports. (Source: Bloomberg)

Get a jump start on the US trading day with Isabelle Lee and Michael Mckee on "Bloomberg Open Interest." Stocks fall and yields jump after a blowout jobs report. White House economic adviser Chris Phelan joins us on the labor market, inflation and rates. Plus, Anthropic moves closer to a mega IPO, OpenAI unveils its latest model, Morgan Stanley cracks down on research shared on X, and Aptera’s Co-CEO joins us on why he's betting on China to build its solar EV. (Source: Bloomberg)

Billionaire Aliko Dangote is seeking to raise $1.6 billion in what would be Nigeria’s biggest initial public offering, selling shares in the company that operates the continent’s largest oil refinery.

Nigerian billionaire Aliko Dangote said an initial public offering for his refinery, Africa’s largest, will open within two weeks.

China’s flash memory champion Yangtze Memory Technologies Co. has moved on to the next stage in the process toward an initial public offering, a sign that the nation’s next marquee listing is progressing apace despite earlier concerns about a potentially slower route.

Hong Kong’s boom in initial public offerings has turned getting shares in the hottest deals into something of an invitation-only affair.

Chinese artificial intelligence start-up Moonshot AI – developer of the leading Kimi K3 model – has confidentially filed for an initial public offering in Hong Kong, according to two people with knowledge of the matter, as the firm seeks to tap public markets to fund its rapid expansion. The Beijing-based company was targeting a Hong Kong listing as early as the first quarter of 2027, the sources told the South China Morning Post, asking not to be identified as the information was private. The...

When two of China’s leading AI pioneers went public in Hong Kong in January, they pitched investors on a shared promise: capturing the explosive demand for artificial intelligence at home and abroad. Their first-half earnings, however, suggest that narrative could be splintering into two different trajectories. While Beijing-based Z.ai, also known as Zhipu AI, is winning over market analysts on the back of surging revenue and top-tier model performance, its Shanghai rival MiniMax is facing...

TPG Inc.-backed Asia OneHealthcare Sdn. has confidentially filed for an initial public offering in Kuala Lumpur to potentially raise as much as 10 billion ringgit ($2.5 billion), according to people with knowledge of the matter.

The parent company of Philippine fast-food giant Jollibee plans to spin off and list its international operations in Hong Kong instead of New York in a strong endorsement of the city’s initial public offering (IPO) diversification efforts. Jollibee Foods Corp (JFC) said in January that it intended to list its overseas arm, Jollibee Foods Corporation International (JFCI), in the United States. The company has now selected Hong Kong as its listing destination. “Hong Kong offers the market depth...

New York, Sept. 1 (Jiji Press)--SB Energy Inc., an artificial intelligence infrastructure developer backed by Japan's SoftBank Group Corp., has filed for an initial public offering on the U.S. Nasdaq market, the company said Tuesday. SB Energy did not disclose the offering price or the date of the listing, but U.S. media reports said the company could go public as early as this month. Acc...