Crystal Tse
Stories by Crystal Tse
UBS to name Patrick Tsang as APAC i-banking head for TMT vertical
Tsang, a Hong Kong-based managing director for the Swiss bank, is replacing Randy Gelber, who is leaving to pursue other opportunities.
Indonesia’s Lion Air said to prepare for $1b IPO
The company is working with advisers on the planned share sale, which could take place as soon as this year.
Baby formula maker China Feihe plans to revive $1b Hong Kong IPO
Feihe went private from the New York Stock Exchange in 2013 amid a wave of delistings by U.S.-traded Chinese firms.
Chinese TechCrunch rival 36Kr seeks to raise $100m in US IPO
Chinese companies completed $43 billion of first-time share sales overseas last year, the most since 2014.
PE-backed Homeplus withdraws $1.5b REIT listing on weak demand
The number of listed REITs in Asia’s fourth-largest economy is still small, with only six publicly traded property trusts out of the total of 222.
China’s Dongzheng Automotive Finance seeks $428m in Hong Kong IPO
Dongzheng Automotive is entering a relatively quiet Hong Kong market for first-time share sales. Deals in the city have raised $1.4 billion this year,
Tencent-backed online broker Futu set to raise $90m in US IPO
Futu, which helps Chinese investors trade overseas stocks, originally sought to raise about $300 million when it filed confidentially for an IPO.
China’s tech firms push Hong Kong exchange for more changes
From allowing companies to hold super-voting rights to letting key shareholders buy stock in IPOs, tech companies are lobbying the Hong Kong exchange
Go-Jek seeks bank pitches to raise additional $2b in ongoing round
The additional capital from new investors would take the total haul from the current round to around $3 billion.
AB InBev said to pick JPMorgan, Morgan Stanley for Asia IPO
A listing could give AB InBev’s Asian business a value ranging from $40 billion to $70 billion based on early estimates.