Greater China
Chinese authorities pulled the plug on Ant’s $37 billion IPO in Shanghai and Hong Kong in 2020.
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3
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Editor’s take: The week that was—April 28-May 3
China’s Ant Group looking to list overseas arm in Hong Kong
India
OYO is now aiming to list by March 2026 at a valuation of $7b.
Capital A expects a return to profitability this year after posting a loss for fiscal year 2024.
Rest of Asia
This scuppers what could have marked the biggest offering in over three years in the country.
The GIC- and Tiger Global-backed company is seeking a valuation of $1.4b.
The listing would be the largest in Hong Kong since 2021.
The company also plans to open 20 to 25 stores to reach 100 locations by the year-end.
InCred Finance is seeking a valuation of at least $1.76b.
Malaysia
Stake of Agathis Montana, a vehicle of Creador IV, will fall to 1.9% from 10% after the IPO.
World
The company is among a handful of firms pressing ahead with their IPO plans, despite market turmoil.
