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Tech companies are still going public in Asia, but not enough to halt the global IPO slowdown
Asia-based companies accounted for nine out of the top 10 IPOs in the first quarter of 2022, which raises the question: Is Asia a haven for public exits amid the current global slowdown?
China Roundup: Huawei targets cars, ByteDance enters Tencent’s backyard
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world.…
Chinese e-commerce giant JD.com’s shares gain 5.7% in their Hong Kong debut
Chinese e-commerce giant JD.com’s shares rose 5.7% after opening at HKD $239 (about USD $30.80) during their first day of trading on the Hong Kong stock exchange. JD.com had originally…
Alibaba’s shares climb almost 8% in their first morning of trading on the Hong Kong stock exchange
Alibaba share price increased as much as 7.7% during its first morning of trading on the Hong Kong Stock Exchange. Soon after the market opened, the shares climbed from their…
Alibaba reportedly mulling to raise $20B through a second listing in Hong Kong
Massive news just dropped for Hong Kong’s capital markets. Alibaba, one of the world’s largest tech companies, is considering raising $20 billion through a second listing in Hong Kong, Bloomberg…
Razer has continued a winning streak of IPOs from Asian companies after its share price surged as much as 41 percent up on its first day of trading on the…
China Literature makes stellar public debut following $1B Hong Kong IPO
China Literature, the e-publishing business backed by Tencent, enjoyed an impressive debut as public company with its share price rising as high double during its first day on the Hong Kong…