China remains attractive for foreign investors: State media
Goldman Sachs had recently downrated the Chinese sovereign bonds to the neutral status from bullish....
Category : Markets
Coca-cola eyes $8.1 bn valuations as its African arm set for IPO
CCBA contributes to 40% of all Coco-Cola products sold in the continent and operates in 14 countries with a staff strength of 20,000....
Amazon goes for a stock split, follows Google, Apple
This is the first such move by the tech giant after 1999 when it went for a 1:3 split....
Singtel sells its payment card industry compliance business for $80 mn
According to the telco, the decision to sale is part of the company’s strategic review of its digital businesses...
CTOS Digital launches $290 mn IPO in Malaysia
The latest listing would entail a public issue of 200 mn new shares and an offer-for-sale allocation of 900 mn existing shares...
Chinese ride-hailing Didi reports $1.6 bn loss ahead of US IPO
Didi, accelerated its listing plans as its business rebounded after the Covid-19 pandemic ebbed in China...
Global bond investors will have access to the Saudi bond market
The Saudi market is priced at $2.5 tn and global bond investigators can access the market without applying for Qualified Foreign investor status...
JD Logistics valued at $36 bn after Hong Kong debut
Its shares soared 14% after its much-anticipated debut on the Hong Kong Stock Exchange...
Regulators in China slaps Alibaba with $2.8 bn fine
It is reportedly the largest anti-monopoly fine ever in China...
Ant Group’s dual listing to be the world’s biggest IPO
Ant plans to raise around $35 bn...