IPOs & Markets
The insurer raised $442 million in its IPO by selling 91.34 million shares.
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Vingroup arms secure private credit from Deutsche Bank, SeaTown Holdings
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FWD Group shares open flat on Hong Kong debut after $442m IPO
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GIC, Linden Capital buy minority stake in Canadian healthcare marketing firm Klick
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Saudi quick commerce firm Ninja raises $254m; enters unicorn club
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PH’s new tax slash spurs hope for more IPOs in the next 2 years
More Stories
Peak XV’s second act: From record returns to a reinvention around AI
KWAP finalises 12 global GPs for allocations under Dana Pemacu initiative
Genesia Ventures Fund IV secures $22.5m in LP commitment from JIC
IFC mulls up to $60m investment in AEW-Natixis’s $500m green infra fund
New Indonesia-focused climate fund launched with first A$50 million
Private Equity
The company is valued at about $4b in the deal.
Deals
The US President said the US “pretty much” has a deal on the sale of the TikTok short-video app.
Analysis
Chinese brands dominate Thailand’s EV market with an over 70% share.
People
responsAbility Investments AG has appointed Nadia Nikolova as CEO.
ESR also overhauled its management, announcing a slate of leadership changes.
In H1 2025, some 44 companies went public in Hong Kong, a 47% jump from H1 2024.
Alibaba Group holds more than 44% of Alibaba Health.
Venture Capital
It counts NIO Capital, Eight Roads Ventures, as well as Zijin Mining Group among its backers.
The company has to focus on its domestic market given robust orders for its SU7 and YU7 cars.
