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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?

8:41 am PDT • April 22, 2022
Tech companies are still going public in Asia, but not enough to halt the global IPO slowdown

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.…

China Roundup: Huawei targets cars, ByteDance enters Tencent’s backyard

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…

Chinese e-commerce giant JD.com’s shares gain 5.7% in their Hong Kong debut

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’s shares climb almost 8% in their first morning of trading on the Hong Kong stock exchange

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…

Alibaba reportedly mulling to raise $20B through a second listing in Hong Kong

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…

Gaming firm Razer up 18% following 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…

China Literature makes stellar public debut following $1B Hong Kong IPO