initial public offering
Coverage of initial public offering in the Nexus archive.
- Pakistan’s Record IPO Year Gets Boost From SE Fruits Listing
Fresh produce company SE Fruits and Vegetable Ltd. plans to conduct an initial public offering in Pakistan next month. This IPO aims to boost the company's export capacity and contributes to a record year of listings within the country.
- Alibaba-Backed AI Video Platform ShengShu Mulls HK IPO
ShengShu Technology, an artificial intelligence video platform, is considering holding an initial public offering in Hong Kong. The company that is mulling the IPO is backed by Alibaba Group Holding Ltd.
- NSE Said to Seek Up to $55 Billion Valuation in Record India IPO
The National Stock Exchange of India Ltd. (NSE), which operates the world’s largest derivatives exchange by trading volume, is planning an initial public offering (IPO). According to people familiar with the matter, NSE is seeking a valuation of as much as 5.26 trillion rupees or $55 billion.
- Quest Global Said to Pick Banks for $1 Billion India IPO
Carlyle Group Inc.-backed Quest Global Services Pte has hired banks for an initial public offering (IPO). This planned offering, which is in Mumbai, could raise as much as $1 billion.
- Shein Is Said to Consider Aug. 28 for Hong Kong Trading Debut
Shein Global Holdings Ltd. plans to conduct its highly anticipated initial public offering in Hong Kong. The company is scheduled to begin taking investor orders around August 20 and aims to debut in the city near August 28.
- DayOne Data Centers Is Said to Confidentially File for $5 Billion IPO in US
DayOne Data Centers has confidentially filed for a US initial public offering (IPO). The planned IPO is valued at $5 billion, according to information familiar with the matter.
- SoftBank-Backed OfBusiness Is Said to Explore Reviving India IPO
OFB Tech Pvt, operator of the OfBusiness platform backed by SoftBank, is considering reviving plans for an initial public offering that could raise up to $800 million.
- Goldman-Backed Biotech Attovia Raises $289 Million in US IPO
Attovia Therapeutics Inc., a biotech firm developing treatments for immune system diseases with high unmet need, raised $289 million in a US initial public offering that priced at the top of its marketed range. Goldman Sachs backed the company during its IPO.
- SpaceX’s First Earnings Offer a Chance to Reverse Stock’s Plunge
SpaceX's first earnings report following its initial public offering is the most anticipated summer event on Wall Street, but it remains uncertain whether it will reverse the stock's decline.
- Musk to face tough questions during SpaceX's first earnings call as a public company
Elon Musk will address investors during SpaceX's first quarterly earnings call since the company's initial public offering. The call will allow investors to question Musk about SpaceX's performance as a public company.
- Musk likely to face tough questions during SpaceX’s first earnings call as a public company
Elon Musk is set to face investor questions during SpaceX's first quarterly earnings call as a public company following its initial public offering. The call will assess Musk's responses to potential challenges.
- India’s IPO Boom Cools as Weak Markets Force Issuers to Cut Back
India’s initial public offering boom is fading, with proceeds down by a fifth from a year earlier as companies cut deal sizes, accept lower valuations, and delay listings. This trend raises doubts about sustaining momentum after two record years.
- Bain-Backed Dhoot Said to Plan $325 Million India IPO in August
Bain Capital-controlled Dhoot Transmission Ltd. is preparing to launch its initial public offering in August after completing investor roadshows, according to sources. The IPO is valued at $325 million.
- Hong Kong stocks hunker down for a day packed with Fed decision, jumbo IPO debut
Hong Kong stocks face a pivotal day as the US Federal Reserve's rate decision and the city's largest IPO in seven years coincide, potentially testing investors' risk appetite. A surprise rate hike or hawkish stance from new Fed chairman Kevin Warsh could disrupt a fragile rebound in Hong Kong stocks.
- CATL-backed smart driving tech firm to kick off Hong Kong IPO this week: sources
NASN Intelligent Tech, a mainland Chinese smart driving motion control technologies company backed by Contemporary Amperex Technology Ltd (CATL), is set to begin its initial public offering (IPO) in Hong Kong this week. The company passed its listing hearing and plans to debut on August 7, according to sources.
- CATL-backed smart driving tech firm to kick off Hong Kong IPO this week: sources
NASN Intelligent Tech, a mainland Chinese smart driving motion control technologies company backed by CATL, is set to begin its Hong Kong IPO this week and aims to debut on August 7. The company recently passed its listing hearing, indicating readiness for the book-building process.
- CXMT’s Frenzy Ignites Hopes of Futher Hardware Rally in China
Investors are anticipating CXMT Corp's trading debut to potentially restart a rally in Chinese semiconductor stocks, which had paused before the company's initial public offering.
- MSEDCL Said to Pick Banks for India IPO Worth Up to $1 Billion
Maharashtra State Electricity Distribution Co. (MSEDCL) has shortlisted six investment banks for a planned initial public offering (IPO) that could raise between $500 million and $1 billion. The IPO is part of MSEDCL's efforts to raise capital, as reported by sources familiar with the matter.
- US biotech firm developing therapies for infant brain injuries plans Hong Kong listing
A US-based biotech firm, Axiom Biosciences, plans to pursue a primary Hong Kong IPO in 2027 to raise at least US$200 million for its AI-driven therapies targeting infant brain injuries, with a secondary US listing planned for 2029. The company is part of a growing trend of AI-powered medical firms seeking capital in Hong Kong.
- US-Based Axiom Seeks Hong Kong IPO to Tap China’s Biotech Boom
Axiom Biosciences is considering a Hong Kong initial public offering, a rare move for an American biotechnology firm. The IPO aims to leverage China's growing clinical development capabilities in the biotech sector.
- Zepto Is Said to Face Sharply Lower Valuation for India IPO
Indian fast-delivery company Zepto Ltd. is seeking a valuation for its initial public offering that is sharply below its $7 billion peak. Concerns over cash burn and the firm’s path to profitability are tempering optimism in the industry.
- Chinese memory giant CXMT oversubscribed 212 times in mega Shanghai IPO
ChangXin Memory Technologies (CXMT) oversubscribed its Shanghai IPO 212 times, with 9.4 million investor accounts applying for nearly 817 billion shares. The high demand reflects strong investor interest in China's leading DRAM producer.
- Manipal Hospitals Said to Cut Valuation to $8.3 Billion in IPO
Manipal Health Enterprises Ltd., operator of Manipal Hospitals, is seeking a lower valuation of approximately 800 billion rupees ($8.3 billion) for its planned initial public offering, according to sources. The adjustment reflects a revised financial outlook for the IPO.
- NSE Stock Draws Rare ‘Sell’ Call Ahead of Long-Awaited IPO Debut
National Stock Exchange of India Ltd. (NSE) has received a 'sell' recommendation as it prepares to launch the country's largest initial public offering (IPO). The NSE operates the world’s largest derivatives exchange by trading volume.
- China memory-chip maker CXMT set for mega IPO
ChangXin Memory Technologies (CXMT) is preparing for a large initial public offering (IPO) on Shanghai’s Star Market, with shares priced at 8.66 yuan per share. The IPO could raise up to 66.6 billion yuan if the 15% overallotment option is exercised, making it mainland China’s second biggest IPO.
- Will diversification restore Hong Kong’s IPO title? Think tank maps out plan
Hong Kong needs to diversify its listed companies and investors to reclaim its position as the world’s top IPO venue, according to the Financial Services Development Council. The council’s chairman, Benjamin Hung Pi-cheng, emphasized diversification as a strategy to enhance market resilience.
- Small-cap IPOs struggle in Hong Kong amid lack of AI megadeals
Small-cap IPOs in Hong Kong are underperforming as the market shifts focus to mega-deals like Zhipu AI. Five of 13 IPOs debuted below their issue prices this week, including Luxshare, a major Apple supplier, which fell over 9%.
- India’s Unloved Heavyweight Stocks May Be Poised for a Rebound
The National Stock Exchange of India Ltd (NSE) plans to file a draft prospectus for an initial public offering of about 100 billion rupees ($1.5 billion), the nation's biggest listing in more than six years, following the resignation of its top executive.
- Carlyle Hires Banks for $400 Million India IPO of RCM Business
Carlyle Group has hired banks to manage a $400 million initial public offering (IPO) in India for its revenue cycle management (RCM) business. The article mentions Goldman Sachs Group Inc in its photographer credit.
- India IPO Pipeline Hits Record as Big Guns Line Up
The National Stock Exchange of India (NSE) plans to file a draft prospectus for a 100 billion rupee ($1.5 billion) initial public offering, marking the country's largest listing in over six years. This move follows the resignation of its top executive, according to sources familiar with the matter.
- ‘China’s Instagram’ targets men to grow audience ahead of IPO
Xiaohongshu, a social media platform dubbed 'China’s Instagram,' is targeting male users to expand its audience and accelerate plans for a Hong Kong initial public offering (IPO). The platform aims to grow its user base ahead of its listing.
- AOL’s owner, Bending Spoons, hits Wall Street with $1.7 billion IPO
Bending Spoons, the owner of AOL and other tech businesses, conducted a $1.7 billion initial public offering (IPO) on Wall Street.
- Anthropic gets all-clear to let foreigners use latest model ahead of crucial IPO
The U.S. government has removed export controls on Anthropic's most powerful AI models, allowing foreign use and enabling the company to proceed with a critical initial public offering.
- SEC warns investors against purported Dangote Refinery IPO
The Securities and Exchange Commission has warned investors against participating in a purported initial public offering by Dangote Petroleum Refinery & Petrochemicals FZE, stating no application for such an offering has been received or approved. The warning aims to prevent investors from being misled by unauthorized public offerings linked to the company.
- SpaceX stock takes a tumble, shedding most of its IPO gains in two weeks
SpaceX's stock has declined significantly, losing most of its value gained during its initial public offering (IPO) within two weeks.
- HKEX on IPO Outlook
The article discusses the Hong Kong Exchanges and Clearing Limited's (HKEX) perspective on the initial public offering (IPO) outlook. Key focus is placed on market conditions and potential trends affecting IPO activity.
- Apple supplier Lingyi seeks US$1.1 billion Hong Kong IPO to fund AI and robotics push
Apple supplier Lingyi iTech seeks to raise up to US$1.1 billion via a Hong Kong IPO to fund expansion into AI hardware and humanoid robotics. The company, listed in Shenzhen, plans to debut on the Hong Kong stock exchange with an offering of 811.8 million shares at HK$10.18 each.
- Momenta moves closer to Hong Kong IPO after US listing setback
Chinese autonomous-driving start-up Momenta is advancing toward a Hong Kong IPO after a US listing setback, with China's securities regulator approving the proposed share sale. This follows a trend of Chinese intelligent-driving firms seeking funding for research, development, and expansion.
- Why Musk Raced to Take SpaceX Public in the World’s Biggest IPO
Elon Musk, founder of Space Exploration Technologies Corp. (SpaceX), led the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, marking the biggest-ever IPO. The event positioned SpaceX among the largest public companies and brought Musk close to becoming the world's first trillionaire.
- SpaceX stock closes up 19% on first day of trading
SpaceX's stock closed up 19% on its first day of trading, marking the largest initial public offering in history. The event was covered by CBS News MoneyWatch correspondent Kelly O'Grady.