IPOs & Markets
The ETF launch comes as China further opens its capital markets to lure global investors.
1
ChinaAMC launches two flagship ETFs in Thailand
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S Korea's Coupang announces $1.18b compensation to users for data leak
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VinGroup's electric taxi operator GSM weighs global IPO; floats $20b valuation
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Quick commerce unicorn Zepto looks to raise $1.2b in India IPO
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China's Leapmotor eyes annual sales of over 4 million units in the next decade
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VinGroup’s electric taxi operator GSM weighs global IPO; floats $20b valuation
Policy & Regulations
Criticism has mounted over Coupang’s decision to provide compensation in the form of company vouchers.
Reuters had initially reported GSM is targeting a debut in Hong Kong by 2027.
Zepto has applied via the confidential route.
Deals
Leapmotor aims to sell 1 million cars in 2026, supported by a global expansion strategy in partnership with Stellantis.
At the same time, a cohort of AI startups is rushing towards initial public offerings.
That will be bigger than a 15% gain in 2024 and the biggest since the pension fund was established in 1988.
Greater China
Drop in demand to hurt battery makers including CATL and EVE Energy.
Though LandSpace’s Zhuque-3 rocket test failed, it is providing impetus to China’s space industry.
Thailand
The bank hopes to leverage the knowledge and network of its parent MUFJ.