Crystal Tse
Stories by Crystal Tse
Alibaba taps more banks for HK listing this month
Listing closer to home has been a long-time dream of billionaire Jack Ma, a move that curries favor with Beijing and hedges against trade war risks.
Hillhouse-backed Genor seeks to raise $100m at up to $1b valuation
Genor is seeking to raise the funding from private investors to fuel growth ahead of a potential initial public offering.
Chinese TechCrunch rival 36Kr Holdings files for US IPO
36Kr raised $24 million in its most recent funding round September when it sold shares to investors including Nikkei Inc.
WeWork fiasco threatens listing plans of other unicorn IPO hopefuls
The next batch of marquee IPO candidates like Airbnb could meet an even gloomier market and geopolitical environment.
WeWork’s Adam Neumann picks Nasdaq over NYSE for listing
The win for Nasdaq is also less sweet than it would have been six months ago, when WeWork was still touting a $47 billion valuation in the private mar
Chinese startup Kuaishou mulls IPO in the US to fuel expansion
The startup is said to be raising over $1 billion at a $25 billion valuation in a pre-IPO round mostly from Tencent.
Chinese sportswear retailer Topsports to seek approval for $1b IPO
Topsports will be one of the first major companies to test the Hong Kong IPO market in September with protests still roiling the city.
China’s gay-dating app Blued plans to raise $200m from US IPO
The share sale will likely take place next year and could value Blued at around $1 billion.
Shanghai Henlius Biotech looks to raise $600m from HK IPO
Henlius plans to use the IPO proceeds to fund clinical trials and for general corporate purposes.
Burger King’s China franchisee TAB Food Investments mulls HK IPO
TAB Food Investments is considering a listing of the Chinese business, which runs more than 1,000 Burger King outlets in the country.
