IPO
Shein slides 17% in gray market ahead of HK debut
Shein also revealed a quarterly loss ahead of the deal and warned that tariffs were hurting earnings.
Grace Priscilla Teo · · 1 min read
Chinese memory chipmaker Longsys seeks $801m in HK IPO
Longsys, a Shenzhen-listed memory and storage company that acquired brands including Lexar and FORESEE and makes FORESEE Double Data Rate memory modules.
Grace Priscilla Teo · · 1 min read
Jio Platforms wins SEBI nod for $3.8b IPO
Meta and Google together hold about 17.7% of Jio Platforms.
Diya Lal · · 1 min read
China’s CXMT revenue soars as AI lifts memory prices
CXMT has delivered its next-generation LPDDR6 chips to customers for validation.
Grace Priscilla Teo · · 1 min readOpenAI rolls out ChatGPT ads to users in India
Anthropic says its rival Claude chatbot will remain ad-free.
Naomi Li Gan · · 1 min readIndian data center operator Yotta eyes $900m IPO
Hiranandani said Yotta runs India’s largest cluster of Nvidia chips and expects to reach 400 megawatts of capacity over the next 12 to 18 months.
Grace Priscilla Teo · · 1 min readShein launches Hong Kong IPO to raise up to $1.8b
The offering follows Shein’s shift to Hong Kong after its London IPO stalled. Shein is due to set the final price on August 31 and begin trading on September 1.
Aiko Gao Ishida · · 1 min readShein eyes $2b HK IPO as Tencent, UBS arm weigh stakes
Shein is seeking about US$2 billion at a valuation of US$26 billion to US$27 billion.
Minh Le · · 1 min readIndia’s Shiprocket rises after $170m IPO, Goldman Sachs buy
For FY26, Shiprocket reported revenue from operations of 20.2 billion rupees (US$212 million), up 24% from 16.3 billion rupees (US$171 million) a year earlier.
Grace Priscilla Teo · · 1 min readOpenAI plans 2027 IPO, may list earlier
OpenAI was topping $25 billion in annualized revenue in February.
Diya Lal · · 1 min read