IPOs & Markets
The company plans to spend around half of the proceeds on R&D.
1
China's Nexchip Semiconductor targets $890m Hong Kong share sale
2
Zhipu AI looks to raise $4b from HK share sale as stock surges
3
Flip announces strategic partnership with India's Paytm
4
India: Elevate Education raises $18m from PE firm WestBridge Capital
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S Korea's Rebellions eyes IPO next year, followed by potential US listing
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Chinese tech companies are turning to Hong Kong’s capital markets for funds.
Analysis
DealStreetAsia had reported in Feb that the two fintechs are looking to deepen ties.
Deals
Elevate ties up with higher education institutions to offer undergraduate and postgraduate programmes.
Rebellions will prepare all the paperwork by the end of this year.
India
The fresh capital will be utilised to expand market presence.
Vietnam
The financing will support HDBank’s medium- to long-term lending.
Indonesia
The Bali facility is expected to reduce emissions by up to 80% per tonne of waste.
InCred Growth Partners Fund contributed Rs 180 crore as the lead investor.
Both hit their daily upper price limits on debut.
