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Tag: banking

Posted on 07/05/2024

China’s Zeekr plans to raise up to $368 mln in US IPO

China-based electric vehicle brand Zeekr Intelligent Technology Holding said on Friday it was aiming to raise up to $367.5 million in its U.S. initial public offering.

Posted on 07/05/2024

Hong Kong’s moribund IPO market seen revived by deals from innovative, ‘unbelievably huge’ China companies: Citi

Hong Kong’s IPO market is healing and investors are returning, drawn by a generation of innovative, little-known companies that will also provide a rich vein of investment banking business for years ...

Posted on 07/05/2024

Bain Plans IPO for Japan’s Kioxia to Facilitate Refinancing of $5.8 Billion Loan

Bain Capital has proposed launching an initial public offering (IPO) for Japan’s Kioxia Holdings, aiming to refinance a significant debt as the semiconductor company faces financial hurdles, sources ...

Posted on 07/05/2024

Minister protests ADB’s ‘Taipei,China’ designation

Minister of Finance Chuang Tsui-yun (莊翠雲) protested against Asian Development Bank’s (ADB) designation of Taiwan as “Taipei,China,” at the bank’s 57th annual meeting, a ministry official who was part ...

Posted on 07/05/2024

Here’s How Much You Would Have Made Owning Taiwan Semiconductor Stock In The Last 15 Years

Taiwan Semiconductor TSM has outperformed the market over the past 15 years by 6.98% on an annualized basis producing an average annual return of 19.23%. Currently, Taiwan Semiconductor has a market ...

Posted on 06/05/2024

Taiwan’s ‘wartime scenario’ security drills to target critical infrastructure

Taiwan has begun preparations for a series of homeland security drills aimed at fortifying the “operational resilience” of the island’s critical infrastructure amid persistent concerns over a ...

Posted on 06/05/2024

SINOX Group to Showcase Universal Laptop Locks Aligning with the AI Era at Computex Taipei 2024

With the rise of AI PCs, corresponding security solutions are becoming increasingly crucial. SINOX Group will exhibit a variety of computer locks at Computex 2024, providing comprehensive protection ...

Posted on 06/05/2024

Financial firms’ overseas exposure reaches NT$27.38tn

Taiwanese financial holding companies increased their overall overseas exposure — including lending, investments and interbank transactions — to NT$27.38 trillion (US$845.69 billion) in the first ...

Posted on 05/05/2024

Analyzing Rental Prices in Major Asian Cities: A Financial Perspective

Renting a place can be a big deal, especially in a big city where prices are high. Experts say you shouldn’t spend more than about 30% of what you earn before taxes on rent. A study gathered data from ...

Posted on 05/05/2024

Soldier’s experience underscores rising Chinese threat towards Taiwan

TAIPEI (Taiwan News) — A Financial Times report on Thursday (May 2) highlighted the increasing Chinese threat towards Taiwan through the military experience of an Indigenous soldier.

Posted on 04/05/2024

China’s Zeekr seeks up to $5.13 billion valuation in US IPO

(Reuters) -Electric vehicle maker Zeekr Intelligent Technology Holding said on Friday it was targeting a valuation of up to $5.13 billion in its U.S. initial public offering (IPO), the first major ...

Posted on 04/05/2024

Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows

Those shares were equivalent to 61.5% of the share class, based on a calculation that includes factors such as the right to acquire more shares by exercising stock options and the conversion of Class ...

Posted on 04/05/2024

Ibotta’s IPO opens sharply higher, hinting at warming public-market interest in tech shares

Ibotta began its path as a public company on Thursday by opening at $117 per share, a big increase from its IPO price of $88, itself an increase from its proposed range of $76 to $84 per share.

Posted on 04/05/2024

Gudeng Equipment tentatively sets IPO price of NT$216.8

Yuanta Securities Co (元大證券) is underwriting the initial public offering (IPO). Gudeng Equipment Co chairman Bill ... Industrial Co (家登精密), the sole EUV pod supplier to Taiwan Semiconductor ...

Posted on 04/05/2024

Exclusive: India’s Ola Cabs plans $500 million IPO, to appoint banks soon, sources say

Indian ride-hailing firm Ola Cabs is planning an initial public offering (IPO) to raise $500 million at a company valuation of about $5 billion, three sources with direct knowledge of the matter told ...

Posted on 04/05/2024

ShipBob Picks JPMorgan to Lead IPO As Soon As Late 2024

E-commerce fulfillment service provider ShipBob Inc. has chosen JPMorgan Chase & Co. to lead its planned initial public offering, people familiar with the situation said. Most Read from BloombergElon ...

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