Bloomberg
Stories by Bloomberg
China’s digital yuan will co-exist with Alipay, WeChat: PBOC
The PBOC is already trialing its digital yuan in some parts of the country.
Chinese firms rush to withdraw IPO applications amid tighter scrutiny
A total of 84 companies have withdrawn their applications this year.
Alibaba-backed AI startup Megvii files for IPO in Shanghai
The IPO may raise at least $922 million, which will be used to fund R&D in robotics and visual IoT.
Tencent put on notice as China expands crackdown beyond Ant Group
Like Ant, Tencent may be required to establish a financial holding company.
Carlyle-backed Chinese biotech firm Abbisko Therapeutics plans HK IPO
The company is looking to raise about $250 million.
Coupang’s $3.6b blockbuster IPO proves why US is better pick for tech outings
Korea's appetite for homegrown startups will be tested as Krafton and Kakao Bank plan IPOs.
DCP Capital in talks to acquire Chinese maternity hospital chain
Meihua Hospital could be valued at about $400 million to $500 million in a sale.
China fintech norms that derailed Ant’s IPO plans were no surprise, says Ping An
The norms were under consideration for years.
Grab sets up drive-through service to boost vaccine drive in Indonesia
The program, which started Sunday on the resort island of Bali, is the first to be done in Southeast Asia.
PH’s Aboitiz is said to mull sale of minority stake in Pilmico
The transaction could value the entire business at more than $1 billion.
