Small Caps

Alibaba confirms huge Hong Kong public listing

[HONG KONG] Chinese technology giant Alibaba confirmed Friday its plans to list on the Hong Kong stock exchange, in an initial public listing aiming to raise up to US$13.8 billion.

The dearth of IPOs weakens capitalism

AN INITIAL public offering (IPO) should be a milestone in a company's existence, representing the moment it begins to fulfil the promise demonstrated as a young entity. Yet, companies are delaying...

Alibaba to resume Hong Kong listing plans as soon as November: sources

[HONG KONG] Alibaba Group Holding Ltd is eyeing a listing in Hong Kong as early as November to raise up to US$15 billion, after political unrest put the move on ice earlier this year, people...

Gojek says it is still planning IPO, but not in near future

INDONESIA'S first startup unicorn Gojek said on Thursday it has no immediate plans to tap public markets, but is still planning a listing with the Indonesian exchange, the IDX, as its primary...

Hong Kong money is fleeing? Not around here

[HONG KONG] Hong Kong may have been seeing money flow out as the city's turmoil undermines its reputation as a stable financial centre, but one important source of capital keeps on coming: cash...

Startup IPO jitters spill over into South-east Asia

A REALITY check on mega flotations in the world's biggest stock market is sending ripples through the region's initial public offering (IPO) market for venture-backed startups.

Valuation doubts behind PropGuru's weak demand

PROPERTYGURU'S choice of Australia as a listing venue that holds more promise than its home bourse in Singapore has turned out to be not so hot after all.

Protein shake seller BellRing raises US$480m in low-end IPO

[SAN FRANCISCO] BellRing Brands, a spinoff of Post Holdings' active nutrition unit selling protein shakes, bars, and powders, raised US$480 million in an initial public offering (IPO), meeting the...

RedDoorz gunning for IPO, and making expansion a priority

SINGAPORE-based hotel booking and management platform RedDoorz is shooting to be Ebitda-positive by 2023. Its chief executive thinks that it is a milestone which, when reached, would mark the...

Thailand, Philippine firms lead revival in South-east Asia IPOs; Singapore still in top spot

[SINGAPORE] Thailand and Philippine companies are leading a regional pick-up in initial public offerings (IPOs), spurred by growing investor interest in firms focused on South-east Asian consumers...