CATL’s IPO pops in Hong Kong
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As the public markets improve, tech companies are rushing to IPO — knowing more political volatility could be around the corner.
Contemporary Amperex Technology Co., the world’s largest maker of electric batteries, saw its shares rise as much as 18% on Tuesday after raising $4.6 billion in the top initial public offering of the year — and it mostly excluded Americans from participating.
Schloss Bangalore SCHL.NS, the owner of Indian luxury hotel chain 'The Leela', has set a price band of 413 rupees to 435 rupees ($4.83-$5.09) per share for its $409 million initial public offering (IPO),
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Italian coffee chain Illycaffè is actively expanding its presence in the United States as part of a broader international growth strategy. The United States is now Illycaffè’s second-largest market, accounting for approximately 20% of its total revenue.
With total assets of $53.7 billion, FWD Group has launched its fourth IPO attempt in Hong Kong, tapping into surging investor interest following battery giant CATL’s landmark listing.
CATL soars in its Hong Kong trading debut. The success of the stock offering is raising hopes that other companies will follow suit. Phil Drury, Global Head of Technology Media & Communications, Investment Banking at Citi joined Wall Street Beat on Bloomberg Open Interest to discuss the resurgence of tech IPOs.
Shares in China’s Contemporary Amperex Technology (CATL), the world’s largest electric vehicle battery maker, have surged as much as 18% on its first day of trading in Hong Kong, shrugging off geopolitical uncertainties.
After an extended drought, the tech IPO market appeared to be opening up earlier this year until Trump’s sweeping tariffs announcement in April.
Belrise Industries raises ₹645 cr from anchor investors, IPO to open today; check GMP, other details
Ahead of opening of the public issue today, auto component manufacturer Belrise Industries raised ₹645 crore from anchor investors on Tuesday. The ₹2,150-crore initial public offering (IPO) of Belrise will open for subscription today,
Leela Hotels' owner Schloss Bangalore has set the price band for its IPO in the range of ₹413 to ₹435 per equity share
Qure.AI, an India-based startup providing artificial intelligence tools to healthcare firms, is aiming to turn profitable in the next financial year and for an initial public offer (IPO) in two years,