IPOs & Markets
The company raised HK$5.67 billion ($722.70 million) in its share sale.
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India's PhonePe gets in-principle nod for payments licence in UAE
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Dominant incumbents set to get a boost from India's UPI fee shift
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dtcpay extends Series A to $25m with SBI Group backing
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Definedge raises $2.3m funding and other India deals
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Softbank-backed Snapdeal parent AceVector targets $182m valuation in trimmed India IPO
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Policy & Regulations
The bourse seeks to boost the city’s appeal as a listing venue.
The slowdown was mainly triggered by a volatile start for shares in Unitree Robotics.
The REIT listing comes as New World seeks to refinance debt and bolster liquidity.
The offerings come as HK’s market for IPOs and secondary listings continues to strengthen.
The automation equipment maker is offering 11.9 million H shares.
China has been cracking down on monopolistic behaviour.
Deals
If successful, the deal would hand over control of Shenghe’s stakes in foreign firms.
Spirit AI’s robots have achieved a 90% success rate for simple tasks in structured living-room environments.
The company is seeking a second listing in Hong Kong to support its overseas expansion.
