By Scott Murdoch From Reuters HONG KONG (Reuters) – Morgan Stanley (MS.N) has usurped rivals including Deutsche Bank, Citigroup, Credit Suisse and Goldman Sachs to lead the relaunch of a $1.45 billion IPO – Hong Kong’s second-largest this year – in an unusually brutal shuffling of banks’ roles on a big deal. The Wall Street […]
Morgan Stanley elbows out rivals for plum role in $1.5 billion IPO relaunch: sources
October 23, 2019 by Leave a Comment
With so much late-stage money available, why are tech companies going public now?
July 17, 2019 by Leave a Comment
By Ajay Chopra From TechCrunch Ringing the Nasdaq market bell was the thrill of a lifetime — both when I did it as a founder and also vicariously as a VC via my incredible founders who have taken their companies public. There’s nothing like seeing the baby you nurtured mature into a multibillion-dollar public entity. […]
Anheuser-Busch InBev Asia cancels world’s largest IPO of 2019
July 14, 2019 by Leave a Comment
Reuters From CNBC KEY POINTS Anheuser-Busch InBev said on Friday it will not proceed with the initial public offering of its Asia Pacific unit, Budweiser Brewing Company APAC, on the Hong Kong Stock Exchange. The company said the decision was due to “several factors, including the prevailing market conditions.” It had been set to be […]
Ogier in Cayman acts on emerging Chinese real estate company’s IPO on Nasdaq
January 20, 2019 by Leave a Comment
Ogier’s Cayman Islands team led by partner Bradley Kruger with senior associate Tommy Tuohy advised on the Cayman law elements of MDJM Ltd’s initial public offering on Nasdaq. MDJM Ltd is an emerging, integrated real estate services company in China incorporated as a Cayman Islands company. On December 26, 2018, MDJM announced the first closing […]
81% of ICOs are scams, U.S. losing token sale market share: Report
July 16, 2018 by Leave a Comment
From CCN Initial coin offering (ICO) promoters have been widely successful with regards to the quantity of projects they have been able to at least partially fund. On matters of quality, perhaps not so much. According to a report prepared by Satis Group Crypto Research, around 81% of the total number of initial coin offerings […]
Bragar Eagel & Squire, P.C. is Investigating Netshoes (Cayman) Limited (NETS) on Behalf of Stockholders and Encourages Investors to Contact the Firm
July 15, 2018 by Leave a Comment
NEW YORK, July 12, 2018 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C. is investigating potential claims against Netshoes (Cayman) Limited (NYSE:NETS). Our investigation concerns whether Netshoes has violated the federal securities laws and/or engaged in other unlawful business practices. On April 12, 2017, the Company went public through an initial public offering (“IPO”) of […]
Bankers quit Goldman, Citigroup for Biotech riches in Hong Kong
July 9, 2018 by Leave a Comment
From Newsmax Investment bankers in Hong Kong are catching biotech fever. At least seven senior bankers and analysts from top-tier securities firms have quit to join biotechnology companies in the city since December, responding to the industry’s growing demand for financial expertise after rule changes at Hong Kong’s stock exchange smoothed the path for biotech […]
Ogier acts in Foxconn Industrial Internet Co Ltd IPO – China’s biggest IPO in year
June 26, 2018 by Leave a Comment
Ogier’s Hong Kong team have acted as counsel in connection with Foxconn Industrial Internet’s RMB 27 billion (US$ 4.3 billion) initial public offering (IPO) on the Shanghai Stock Exchange. Partner and Head of Corporate for Asia Nathan Powell and Senior Associate Carmen Leung provided Cayman Islands and BVI legal advice for the IPO, which is […]
OPEC’s new price hawk: Saudi Arabia seeks $100 oil
April 18, 2018 by Leave a Comment
From Newsmax Top oil exporter Saudi Arabia would be happy to see crude rise to $80 or even $100 a barrel, three industry sources said, a sign Riyadh will seek no changes to an OPEC supply-cutting deal even though the agreement’s original target is within sight. The Organization of the Petroleum Exporting Countries, Russia and […]
The ‘Chinese Netflix’ iQiyi is gearing up for$2 billion–plus IPO: 4 things to know
March 25, 2018 by Leave a Comment
By Ciara Linnane From MarketWatch Shares of Baidu unit iQiyi are expected to start trading on the Nasdaq next week The Netflix of China is coming to a (trading) screen near you. The Chinese streaming company iQiyi Inc., majority-owned by Chinese search giant Baidu Inc., is planning to list its shares in the U.S. next […]
