Tag: initial public offering

China Sees Wave of Large Private Companies Broken Up, Listed on Stock Exchanges

Several large Chinese companies have recently been restructured for listing on the stock exchange, with most of them privately owned. Days after Alibaba’s restructuring was announced, Jingdong (JD.com), another Chinese e-commerce platform, announced on March 30 that its sub-companies JD Industrial and JD Production and Development will be spun off and listed on the Hong…


Slow Start Continues as Hong Kong IPOs Saw the Lowest Fundraising in 12 Years

Hong Kong’s initial public offering (IPO) market saw the lowest fundraising rate in 12 years, with IPO proceeds in May slumping to less than $140 million, and totaling a record low of $2.21 billion for the first five months of 2022. Amid the market’s grim outlook, the Hong Kong Exchanges and Clearing (HKEX) plans to…


Impossible Foods to Launch Meatless Pork in US This Week

Impossible Foods will begin rolling out its new meatless pork in the United States this week as it seeks to make a footprint in the growing plant-based protein market, the company announced on Sept.23. The California-based company said Chef David Chang will debut Impossible Pork at his famed Momofuku Ssäm Bar in New York City on Thursday, while the…