7 results

Xiaomi shares closed at HK$16.80 (€1.82), having touched a low of HK$16 in early trade, compared with the IPO price of HK$17 per share. Photograph: Wang Zhao/AFP/Getty Images

Xiaomi made a weak debut in Hong Kong on Monday, with the Chinese smartphone maker’s shares sliding as much as 6 per cent on valuation concerns, in an(...)

IPL Plastics chief executive Alan Walsh, has spent more than six years unravelling the group’s previous collection of disparate investments. Photograph: Dave Meehan

Almost a year to the day since Dermot Desmond sold his 25 per cent stake in plastics group One51, it became clear this week how the billionaire was, o(...)

Snap’s valuation, expected to be in the region of $20-$25 billion, means it will likely trade on a stratospheric price-sales ratio of 55. Photograph: Lucy Nicholson/Reuters

Snap, the parent company of photo-sharing app Snapchat, is set to make its stock exchange debut next month in what is the biggest US technology initia(...)

Asia-Pacific region garnered 43% of global floats in 2016, boosted by state privatisations. Photograph: Johannes Eisele/AFP/Getty Images

Gyrating stock markets and Silicon Valley’s growing preference for staying in private ownership led to a sharp drop in global listings in 2015. Total(...)

Founder and CEO of Rocket Internet AG Oliver Samwer. Rocket Internet plans to go public next week. Photograph: Boris Roessler/EPA

Germany’s Rocket Internet is bringing its planned initial public offering (IPO) forward by a week, citing “exceptional investor demand across all poin(...)

An employee at Alibaba’s headquarters on the outskirts of Hangzhou, Zhejiang province. Alibaba Group Holding Ltd’s planned IPO is set to create a long list of multi-millionaires from its partners in the company. Photograph: Chance Chan/Reuters

China’s Alibaba has filed what is shaping up to be the largest technology debut in history, when the e-commerce giant makes its initial public offerin(...)

Seibu said it was dropping the tentative price of its IPO by as much as 30 per cent to 1,600-1,800 yen per share from the initial estimate of 2,300 announced in March. Photograph: Kiyoshi Ota/Bloomberg

Japanese railway and property conglomerate Seibu Holdings yesterday slashed the estimated price and size of its initial public offering by as (...)