Jackson Wong, Vice President of Tanrich Securities, says investors are concerned about the size of WH Group's initial public offering and whether its listing will provide an "exit for early investors."» Read More
TOKYO, April 23- Seibu Holdings Inc rose almost 11 percent on its first day of relisting on the Tokyo stock market, after its IPO price was slashed due to growing doubts over the strength of Japan's economic recovery.
April 23- Flash storage company Pure Storage Inc raised $225 million in a late-stage funding round, valuing the company at about $3 billion, technology news site Re/code reported.
*WH Group seeks up to $1.9 billion in revised IPO. HONG KONG, April 23- WH Group Ltd, the world's biggest pork company, has cut its Hong Kong IPO by two thirds as market volatility and rich valuations turned investors off the deal, a revised term sheet seen by Reuters showed on Wednesday.
HONG KONG, April 23- WH Group Ltd has cut the number of shares in its Hong Kong initial public offering, reducing the size of the deal to up to $1.88 billion from the $5.3 billion originally planned, according to a term sheet seen by Reuters on Wednesday. The price range of HK $8.00 to HK $11.25 per share remains unchanged.
April 23- Genworth Financial Inc revived plans for an initial public offering of its Australian mortgage insurance unit, nearly two years after it pushed back the IPO citing unfavorable market conditions in that country.
April 22- Investment firm Ares Management LP said on Tuesday its initial public offering is expected to raise up to $419 million and that its chief executive and co-founder Anthony Ressler received $138.6 million in pay and dividends in 2013..
April 22- Credit investment and private equity firm Ares Management LP said its initial public offering is expected to raise up to $419 million. The offering of 18.2 million common units is expected to be priced between $21 and $23 per unit, the company said in a filing with the U.S. Securities and Exchange Commission on Tuesday.
April 22- Credit investment and private equity firm Ares Management LP's initial public offering is expected to raise up to $419 million, the company said in a filing with the U.S. Securities and Exchange Commission on Tuesday.
HONG KONG, April 22- WH Group Ltd, the world's biggest pork company, is slashing its proposed Hong Kong IPO and will delay the pricing of the deal to next week, sources said on Tuesday, a move that could see the Chinese company garner less than $2 billion.
BEIJING, April 22- China shares closed up 0.3 percent on Tuesday, as strong performances from free trade zone firms helped the index turnaround from being in the red for most of the day on the news that 18 additional companies had gained listing approval. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 0.4 percent.
HONG KONG, April 22- China's WH Group Ltd, the world's biggest pork company, is slashing its proposed Hong Kong initial public offering and delaying pricing of the deal to next week due to lack of demand, IFR reported on Tuesday, citing sources close to the company. WH Group declined to comment on the report.
George O'Connor, senior analyst at Panmure Gordon, says Chinese micro-blogging website Weibo has "legs for the long-term" as it has exposure to China and profitability.
BEIJING, April 22- Hong Kong shares eased on Tuesday, with a sell-off in China Resource Power Holdings Co Ltd and its subsidiaries weighing on index performance after the parent company's chairman was snared in a graft investigation. The China Enterprises Index of the top Chinese listings in Hong Kong dropped 0.8 percent.
SHANGHAI, April 22- China's regulator posted draft initial public offering prospectuses for 18 Chinese firms on Monday, bringing the total number of potential issuers up to 46, with state media estimating they could raise as much as 22.6 billion yuan from investors.
At the China Entrepreneur Club summit, Charles Chao, Chairman & CEO of Sina, describes why the firm priced its Weibo IPO at the lower projected range.
CNBC's Josh Lipton explains why investors should care about the highly anticipated Alibaba IPO. Bert Dohmen of Dohmen Capital Research Institute, provides perspective.
NEW YORK, April 21- Twitter Inc has won the dismissal of an unusual lawsuit accusing the social media company of fraudulently arranging a private stock sale it never intended to complete, with a goal of stoking interest in its November 2013 initial public offering.
Analysts at Cantor Fitzgerald now peg Alibaba's valuation at $184 billion, reports CNBC's Josh Lipton.
Chinese e-commerce giant Alibaba is expected to file for an IPO as soon as this week and could raise up to $15 billion when the company eventually goes public, reports CNBC's Josh Lipton.
Jon Steinberg, BuzzFeed president & COO, weighs in on Airbnb's $10 billion valuation and the company's recent $500 million round of funding.