Greater China
Hong Kong’s Hang Seng Index was up 0.4% in early trading on Friday.
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Editor's take: The week that was - May 19 -24
2
Seven & i shareholders want answers as $49b buyout bid looms
3
Living Lab Ventures bets on manufacturing, healthcare amid trade disruptions
4
Transition VC leads funding in Promethean Energy and other India deals
5
HKIC ties up with Gobi Partners, Lanchi Ventures, Gaw Capital to support tech innovation
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Vietnamese coffee startup Every Half raises $3m led by Openspace
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Vietnamese PE managers Excelsior Capital, ABB seal new deals
China’s Livzon buys 65% in Vietnam’s Imexpharm for over $219m
India
NSE has been trying to go public since 2016.
The offering will include $500 million of convertible senior notes due 2030.
Brookfield is planning to offload shares in CleanMax’s proposed IPO.
It will price its shares at HK$44.05 ($5.63) each, the top of its price range.
It last filed an application in Hong Kong in March 2023.
The company’s IPO is still India’s second-largest public float so far in 2025.
The company is backed by Fractal Analytics, Peak XV Partners and Novo Holdings.
Most of the funds raised from the IPO would be used for construction of a factory in Hungary.
Rest of Asia
It is seeking to raise up to $585.45m, valuing the REIT at up to $3.9b.
