This website’s original language is English. For translation, click the globe icon or choose Translate in the menu.
47 matching records found
Anthropic PBC’s third-quarter results may strengthen the case for its expected initial public offering, though they are unlikely to dispel doubts over the global AI trade, according to some investors and analysts.
Anthropic is holding an investor day as it advances plans for a potential IPO at an approximately $2 trillion valuation, amid growing concerns about AI safety and threats. Momei Qu of PSP Growth says market sentiment around AI is shifting quickly as new information emerges. Qu expects discussions to center on the trade-offs between growth and capital expenditures, as well as Anthropic’s anticipated valuation. (Source: Bloomberg)
Yangtze Memory Technologies Corporation (YMTC), China’s leading flash-memory maker, is set to grow revenue six times faster than its industry peers this year as it expands into server-related business ahead of a planned initial public offering (IPO), according to Counterpoint Research. The company’s server-related revenue was effectively zero in 2024, but could account for nearly 39 per cent of its revenue by 2028, according to the market intelligence firm on Tuesday. Much of the momentum is...
There has been a huge popular success for the IPO of the Dangote Refinery now ending on October 27th, 2026, after a 2-week extension. With the escalation of the conflict in the Middle East, the closure of the Strait of Hormuz has caused a surge in global crude prices and, in turn, supply shortages – pushing African and European countries to turn in mass to the Dangote refinery. The leading African producer of crude oil seeks to transform its status to a regional hub for refining and petrochemicals. FRANCE 24's Chinwe Ossundu reports.
NOTA Inc. is planning an initial public offering in Tokyo as soon as December, according to people familiar with the matter, setting up what could be one of the larger deals in a down year for Japanese debuts.
The Securities and Futures Commission warned investment banks and other intermediaries against arrangements that may artificially inflate demand for initial public offerings. Minmin Low has more on "The Asia Trade." (Source: Bloomberg)
In tonight's edition, Joseph Kabila has been named leader of a new rebel coalition, vowing to topple the government. Also, Africa's largest ever IPO has been extended. And Formula 1 will return to Africa in the early 2030s, once a new circuit is built in Rwanda.
Egypt’s state-owned Banque du Caire is seeing strong interest in its sale of a 30% stake this month, as the Middle East’s most populous nation shrugs off turmoil elsewhere in the region to host two major initial public offerings.
Hong Kong’s securities watchdog is investigating a suspected case of rigging an initial public offering to create a false impression of demand.
Data center operator AirTrunk is delaying a planned initial public offering of a real estate investment trust in Singapore until next year as higher interest rates and market volatility temper investor demand, according to people familiar with the matter.
Australian data center operator Firmus is considering private funding and a potential US listing after its highly anticipated Sydney IPO collapsed. The setback has raised questions about investor appetite for AI infrastructure assets and the valuations attached to them. Tamim Asset Management's Head of Australian Equities Ron Shamgar joins "Bloomberg: The Asia Trade" to discuss what went wrong and why he says Firmus got too greedy. (Source: Bloomberg)
Pledge comes days before Mukesh Ambani's low-cost Reliance Jio's parent launches India's largest-ever IPO.
Bambusa Therapeutics Inc. filed for a initial public offering to help fund trials of its drugs to treat eczema and other inflammation disorders.