IPOs & Markets
The company raised around $51m by offering 3 million ADS.
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Vietnamese firms eye overseas listings but face arduous preparation journey
2
Blockbuster listings, Iran peace deal fuel hopes of an IPO revival in India
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SoftBank shares slip as OpenAI weighs delaying IPO to 2027
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Uber India president Prabhjeet Singh steps down, joins OpenAI as India MD
5
Byju's lenders may drop lawsuit in return for 30% stake in Aakash: report
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Indonesia’s Merdeka Gold raises $304m in Hong Kong IPO
Antler expands China-outbound focus, folds Korea and Japan into Asia platform
2026’s first Chinese IPO in US tumbles nearly 47% in Nasdaq debut
EQT weighs sale of minority stakes in two SE Asia portfolios
Analysis
Technology companies have raised a total of $3.1b from stock market listings in China this year to June 18.
The recovery in listings has also been helped as large Chinese companies increasingly seek offshore funding.
Nearly one in four GPs reported reinvestment rates of 20% or less.
Hong Kong-listed Z.ai plans dual listing in Shanghai.
The strike by Alibaba is described as a “distillation” effort.
Newly registered VC funds in China totalled 154b yuan in first five months of 2026.
Investors will only be able to maintain or sell down their existing positions.
Governance concerns remain one of the region’s sharpest fault lines
Lingyi was among six companies that launched Hong Kong offerings last week.
