Julia Fioretti

Sunday 30 Mar 2025

26 Mar 2025, 08:00 am

LG’s Indian unit may get lower valuation than expected, Bloomberg reportsLG Electronics Inc’s Indian unit may get a lower valuation than previously expected in its initial public offering (IPO), according to people familiar with the development, after the recent decline in the nation’s stock market.

By Julia Fioretti, Baiju Kalesh & Dave Sebastian / Bloomberg

26 Mar 2025, 08:00 am

Tech

24 Mar 2025, 08:00 am

Xiaomi raises US$5.5 billion in upsized follow-on share sale in Hong KongXiaomi Corp raised about US$5.5 billion (RM24.4 billion) in an upsized share sale, as the Chinese tech firm capitalises on a surge in its stock price to help raise funds to expand its electric-vehicle (EV) business.

By Julia Fioretti & Dave Sebastian / Bloomberg

24 Mar 2025, 08:00 am

China Focus

24 Mar 2025, 08:00 am

Xiaomi seeks US$5.3b in share sale to fund EV expansionXiaomi Corp kicked off a share sale that may fetch as much as US$5.3 billion (RM23.5 billion), capitalising on a surge in the Chinese company’s stock price to help raise funds to expand its electric-vehicle business.

By Julia Fioretti / Bloomberg

24 Mar 2025, 08:00 am

Tech

27 Feb 2025, 08:00 am

Unisplendour said to tap banks for US$1 bil Hong Kong listing — BloombergChinese IT services company Unisplendour Corp has picked BNP Paribas SA, China Merchants Bank International and CSC Financial Co for its planned second listing in Hong Kong, people familiar with the matter said.

By Julia Fioretti & Dave Sebastian / Bloomberg

27 Feb 2025, 08:00 am

China Focus

26 Feb 2025, 08:00 am

Chinese electric truckmaker Zhizi mulls raising US$200 mil in Hong Kong IPO — BloombergChinese electric truckmaker Zhizi Automobile Technology Co is considering an initial public offering (IPO) in Hong Kong that could raise about US$200 million (RM883.57 million), according to people familiar with the matter.

By Julia Fioretti / Bloomberg

26 Feb 2025, 08:00 am

IPO

25 Feb 2025, 08:00 am

Wall Street bankers race to grab slice of US$5 bil CATL dealA lack of recent multibillion dollar deals made the race for a role on CATL’s Hong Kong listing even more competitive, despite low fees for bankers and a US blacklisting hanging over the world’s biggest battery maker.

By Julia Fioretti, Dave Sebastian, Pei Li & Dong Cao / Bloomberg

25 Feb 2025, 08:00 am

IPO

25 Feb 2025, 08:00 am

Chinese AI chipmaker Biren to revisit US$300m Hong Kong IPO plan, Reuters reportsShanghai Biren Intelligent Technology Co is considering an initial public offering in Hong Kong, people familiar with the matter said, reviving a listing plan after also looking at Shanghai.

By Dong Cao, Julia Fioretti & Pei Li / Reuters

25 Feb 2025, 08:00 am

IPO

13 Feb 2025, 08:00 am

Tesla supplier CNGR said to target US$500 mil in Hong Kong listing — Bloomberg(Feb 13): Chinese battery-component producer CNGR Advanced Material Co, Ltd is working with Huatai Securities Co, Ltd, and Morgan Stanley on its planned Hong Kong listing, according to people familiar with the matter.

By Julia Fioretti, Pei Li & Annie Lee / Bloomberg

13 Feb 2025, 08:00 am

IPO

13 Feb 2025, 08:00 am

Prudential is said to hire Citigroup for US$1b India IPO — Bloomberg(Feb 13): Prudential Plc has hired Citigroup Inc to help work on a potential initial public offering (IPO) of Indian unit ICICI Prudential Asset Management Co, according to people familiar with the subject.

By Baiju Kalesh, Manuel Baigorri & Julia Fioretti / Bloomberg

13 Feb 2025, 08:00 am

IPO

12 Feb 2025, 08:00 am

Data-centre firm GDS considering US$500m US IPO of ex-China unit — Bloomberg(Feb 11): GDS Holdings Ltd is considering a US initial public offering IPO) of its international arm that could raise about US$500 million (RM2.23 billion), according to people familiar with the matter.

By Dong Cao, Pei Li & Julia Fioretti / Bloomberg

12 Feb 2025, 08:00 am

Making a bold move in Kota Kinabalu

Man of the house

Myanmar quake death toll passes 1,600, as junta lets in foreign rescuers

Young man rescued from Cambodia job scam repatriated to Malaysia

Festive season airfares to Sabah, Sarawak remain low, controlled — Loke

Zelenskiy says Ukraine expects strong Western response to Russian drone attacks

Hamas agrees to Gaza ceasefire proposal, the group's chief says

US to revoke authorisations to foreign partners of Venezuela's PDVSA — Reuters

Young man rescued from Cambodia job scam repatriated to Malaysia

Festive season airfares to Sabah, Sarawak remain low, controlled — Loke

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