IPO
Chinese O2O language training provider files for US IPO
Meten International Education Group, a Chinese online-to-offline (O2O) English language training provider that mainly caters to adult students, has filed for a US IPO. DG Capital is the primary PE investor in the company.
China's Luckin Coffee gains 20% after upsized IPO
China’s second largest coffee chain Luckin Coffee, which counts Centurium Capital and Joy Capital among its private equity investors, surged around 20% on its US debut following a $561 million IPO.
PE-backed Chinese cosmetic surgery platform surges on US debut
So-Young International, a Chinese online marketplace specializing in cosmetic surgery, surged over 33% on its trading debut following a $166.8 million IPO on NASDAQ.
Cancer drug developer Tot Biopharm files for HK IPO
Tot Biopharm, a private equity-backed Chinese cancer drug developer, has filed for a Hong Kong IPO under rules that allow for listings by pre-revenue biotech companies.
Affinity-backed Leong Hup seeks up to $288m in Malaysia IPO
Affinity Equity Partners is set to make a partial exit from Leong Hup International as the Malaysian poultry producer looks to raise up to MYR1.19 billion ($288 million) in a domestic IPO.
VC-backed game live-streaming platform files for US IPO
Douyu International Holdings, a Chinese live-streaming platform that provides coverage of online gaming, has announced plans for a US listing. The company’s investors include Sequoia Capital China and Tencent Holdings.
PE-backed Luckin Coffee files for US IPO
Luckin Coffee, China’s second largest coffee shop chain, which counts Centurium Capital and Joy Capital among its private equity investors, has filed to list in the US.
GPs bullish on Chinese IPOs - AVCJ Forum
Private equity investors believe it will become easier to take companies public in China as the country steps up the pace of capital markets reform, creating a system that is more in line with international norms.
VC-backed internet celebrity incubator files for US listing
Ruhan, an internet celebrity incubator backed by Legend Capital that is said to be the largest business of its kind by revenue in China, has filed to list on NASDAQ.
VC-backed Chinese online brokerage files for US listing
Chinese online brokerage Tiger Brokers, which is backed by smart phone maker Xiaomi and a number of venture capital firms, has filed for an IPO in the US.
PE-backed ticketing player falls on debut after $287m HK IPO
Maoyan Entertainment, a Chinese online movie ticketing business backed by Tencent Holdings and several private equity investors, fell on its trading debut in Hong Kong following a HK$2.25 billion ($287.1 million) IPO.
China reveals qualification criteria for Shanghai tech board listings
China has unveiled details of the highly anticipated new technology and innovation board, which is set to adopt a registration-based system that should allow a shorter route to liquidity for PE and VC investors.
4Q analysis: Defined by uncertainty
Korea comes to the fore as investment in China slows; venture capital and pan-regional players remain preeminent in Asia fundraising; IPO weakness reflects investor wariness
Tencent-backed Weimob surges 14% on Hong Kong debut
Weimob, a Shanghai-based provider of marketing and cloud services to online merchants that is backed by Tencent Holdings and several private equity firms, has surged 14% on its first day of trading on the Hong Kong Stock Exchange.
Sequoia-backed Futu Securities files for US IPO
Futu Securities International, a Hong Kong-based online brokerage backed by Sequoia Capital China and Matrix Partners China, has filed to list in the US.
PE-backed WuXi Apptech trades flat on Hong Kong debut
PE-backed WuXi AppTec, a contract pharmaceutical R&D services provider, traded flat on its Hong Kong debut, following an IPO of HK$9.1 billion ($1.1) billion.
CVC makes partial exit as Arteria raises $193m in Japan IPO
CVC Capital Partners has made a partial exit from Arteria Networks as the Japanese enterprise-focused broadband provider raised JPY21.9 billion ($193 million) in its Tokyo IPO.
Tencent-backed Tongcheng-Elong gains 26% on HK debut
Tongcheng-Elong, a Chinese online travel services company backed by Tencent Holdings, Ctrip and local PE player Ocean Link, surged on its Hong Kong trading debut following a HK$1.62 billion ($207 million) IPO.
Mixed impact on exits as early-stage VC heats up – AVCJ Forum
VCs face new challenges and opportunities in exit markets across Asia as later-stage investors and strategic players participate more deeply in early-stage ecosystems.
Innovent Biologics gains on debut after $421m IPO
Chinese cancer drug developer Innovent Biologics, which has a number of PE backers, closed up on its Hong Kong trading debut, following a HK$3.3 billion ($421 million) IPO.
China's PE-backed AsiaInfo files for HK IPO
AsiaInfo Technologies, a Chinese telecommunications software provider backed by a number of private equity firms, has filed for a Hong Kong IPO.
Chinese electric car maker Nio files for US IPO
China’s Nio, an electric vehicle (EV) maker backed by a number of private equity firms, has filed for an IPO on the New York Stock Exchange that is expected to be the largest US listing for a Chinese car company to date.
India's ASK Investment files for IPO
Indian asset and wealth management firm ASK Investment Managers, which operates private equity fund ASK Pravi as a joint venture with Pravi Capital, has filed for a domestic IPO.
India-focused blank check company files for US IPO
Tenzing Acquisition, a blank check company headed by New Silk Route Ventures (NSR) co-founder and CEO Parag Saxena, has filed for a $50 million IPO on NASDAQ. The firm will use the proceeds to invest in companies with a focus on businesses operating in...