Tata Capital Ltd. and LG Electronics India Ltd. will begin trading in Mumbai over the next couple of days after they concluded two of the nation’s biggest initial public offerings this year, with their debuts set to test the strength of one of the world’s hottest equity capital markets. Tata Group’s shadow-lending unit, which raised…
Chinese AI startup Zhipu is considering shifting its planned initial public offering to Hong Kong instead of mainland China, according to people with knowledge of the matter, adding to a dealmaking boom in the city. Zhipu, whose backers include Alibaba Group Holding Ltd. and Tencent Holdings Ltd., is working with financial advisers on a potential…
Goldman Sachs Group Inc. claimed top ranking in Hong Kong equity sales for the first time since 2013, riding a wave of billion-dollar deals in the city after three years of lackluster activity. So far this year, Goldman is given credit for $5.6 billion in initial and secondary offerings, beating runner-up UBS Group AG by…