Hong Kong’s office segment is picking up due to leasing demand from mainland Chinese law firms and financial groups, supported by a buoyant stock market that has seen an increasing number of companies launch initial public offerings (IPOs) in the city. Office-leasing activity in August grew for a fifth straight month, with tenants absorbing 313,800…
Shuimu BioSciences, a Chinese start-up specialising in advanced imaging devices for viruses and smaller biomolecules, is aiming for an initial public offering in 2027 after selling its first self-developed product this year, according to CEO Allen Guo Chunlong. The company focuses on cryo-electron microscopy (Cryo-EM), a technique that involves firing beams of electrons at flash-frozen…
The StubHub logo is seen at its headquarters in San Francisco. Andrej Sokolow | Picture Alliance | Getty Images Online ticket platform StubHub is pricing its IPO at $23.50, CNBC’s Leslie Picker confirmed on Tuesday. The pricing comes at the midpoint of the expected range that the company gave last week. At $23.50, the pricing…
When DCM wrote the first institutional check into Figure Technologies, the Menlo Park-based venture firm was making a risky bet on both an unproven use of blockchain technology and a founder with a checkered past. Nearly eight years later, that decision is set to deliver one of DCM’s biggest wins: a stake worth nearly 60x…
Angel Studios, the emerging film distributor whose crowd-driven model drove the success of left-field hit Sound of Freedom in 2023, is officially going public. The company said it has closed its SPAC merger with Southport Acquisition Corp., and its shares will start public trading Thursday on the New York Stock Exchange. Special-purpose acquisition companies, or…
Sebastian Siemiatkowski, chief executive officer and co-founder of Klarna Holding AB, center, and Michael Moritz, chairman of Klarna Bank AB, center right, during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Sept. 10, 2025. Michael Nagle | Bloomberg | Getty Images Klarna shares popped…
Klarna is synonymous with the “buy now, pay later” trend of making a purchase and deferring payment until the end of the month or paying over interest-free monthly installments. Nikolas Kokovlis | Nurphoto | Getty Images Online lender Klarna priced its IPO at $40 per share on Tuesday, above its expected range, in a deal…
The StubHub logo is seen at its headquarters in San Francisco. Andrej Sokolow | Picture Alliance | Getty Images StubHub is aiming to raise as much as $851 million in its initial public offering, giving it a valuation of up to $9.2 billion, the company revealed in a new filing on Monday. The ticket reselling…
Few economies depend as heavily as Hong Kong on a free and open multilateral trading system. Few have as much to lose if the current US administration succeeds in disembowelling the World Trade Organization and miring international trade in tariffs and other forms of protectionism. Yet as the global trading system faces a protectionist assault,…
Via Transportation, which provides local governments with a platform for rideshare and transit services, announced terms for its IPO on Wednesday. The New York, NY-based company plans to raise $450 million by offering 10.7 million shares (33% secondary) at a price range of $40 to $44. New investor Wellington Management has indicated on $100…