Analysis
CXMT’s planned listing has sparked a debate about its valuation.
1
China's memory chip IPO frenzy raises big questions
2
SG's Panthera Growth Partners invests $30m in security AI firm Innefu Labs
3
Indian aluminium recycler CMR Green draws $6b bids for $66m IPO
4
China, Hong Kong investors barred from SpaceX IPO on regulatory concerns
5
Blackstone-backed Australia's AirTrunk to invest $30b in India by 2030
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Vietnamese dairy firm TH Group approaches PEs for minority stake sale
ZWC Partners invests in parent of Korean eyewear label Gentle Monster
FMO proposes $20m investment in South Asia Growth Fund IV
Deals
The investment comprises a combination of primary and secondary transactions.
IPOs & Markets
The IPO is India’s first in about a month.
Foreign investment is tightly restricted or off-limits in China’s space sector.
The firm’s Indian development pipeline includes 600 MW of capacity projects in Mumbai, Chennai & Hyderabad.
Greater China
The stock opened flat to the offer price at HK$66.4 before slipping to HK$59.05.
World
The firm allegedly misused confidential client data to win lucrative audit contracts.
Hong Kong regulators have also urged banks to check investors’ sources of funds.
Indonesia
The investment will be used accelerate the rollout of AI-powered vending machines across Indonesia.
Singapore
GIC has now invested in Ramp eight times.
