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IPO

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The lit towers of Hong Kong Island reflected across Victoria Harbour after dark, with a small ferry crossing the water in the foreground Finance 6 min Moonshot's $50bn Valuation Is the Smallest of China's Three Model Labs The Hong Kong filing seeks about $3bn. DeepSeek is marked near $74bn and Z.AI near $66bn, and the $50bn figure... DA Daniel Koh 4 Sep Close view of a green printed circuit board showing a large black memory package, shielded inductors marked 220 and 4R7, and rows of surface-mounted components Finance 7 min Tencent Is 84 Per Cent of the Revenue in Enflame's 6.1 Billion Yuan IPO Two oversubscription figures are circulating for the same STAR Market listing. They count different tranches,... SA Sarah Chew 3 Sep Hong Kong island and Victoria Harbour at dusk under a pink sky, the financial district lit up in the foreground Finance 6 min Shein's Growth Collapsed From 41.1 Per Cent to 1.1 Per Cent in Three Years Shein raised US$1.7bn in Hong Kong and fell on its first day, at a valuation about a quarter of what private i... SA Sarah Chew 1 Sep The New York Stock Exchange building, where Anthropic could list as early as September Finance 7 min Anthropic Will Tell IPO Investors Its Market Is Worth $30 Trillion A total addressable market is the maximum a company could earn if it captured every customer and no rival took... SA Sarah Chew 29 Aug A concrete power pole carrying high-voltage overhead lines on ceramic insulators against a blue sky. Business 8 min Anthropic's IPO Filing Will Reportedly Name AI Opposition as a Risk Factor The mechanism is short. A planning objection delays a grid connection, a late connection constrains compute, a... EV Eva Chin 24 Aug A plain white takeaway coffee cup on a cafe counter, illustrating a report on ZUS Coffee exploring a Malaysian listing. Business 8 min ZUS Coffee Beat Starbucks In Malaysia. Now It Has To Price What It Is. An IPO exploring at least RM1bn at a valuation near RM4bn would test whether an app-first coffee chain is read... DA Daniel Koh 22 Aug Printed financial charts examined through a magnifying glass, a generic illustration for a report on the difference between an annualised run rate and revenue recognised in a period. Business 8 min Anthropic's $65 Billion Is a Run Rate. The Prospectus Will Have to Say Something Else. Investors were told the annualised run rate reached US$65bn at the end of July, up from US$47bn in May and abo... EV Eva Chin 22 Aug An industrial robot arm on an automation line, illustrating the robotics sector rather than the humanoid machines described here. Business 7 min Unitree Priced at 36 Times Revenue. The Number to Watch Is 5,500. Unitree priced its Shanghai STAR Market listing on 6 August at a valuation of about 61 billion yuan, roughly 3... EV Eva Chin 8 Aug Close-up of a financial graph on a laptop screen, depicting stock market analysis in Berlin. Finance 6 min OpenAI Files Confidentially for an IPO — What Is Actually Confirmed, and What Is Still Just a Target OpenAI has confirmed it submitted a confidential draft IPO registration to the SEC. Goldman Sachs and Morgan S... DA Daniel Koh 16 Jun A phone showing the OpenAI About page, resting beside a green leaf AI & ML 8 min OpenAI's $122 Billion Year: Seven Acquisitions, a New Holding Company Model, and the Race to Own Every AI Surface OpenAI raised $122 billion in 2026, completed seven acquisitions including personal-finance agent Hiro, and re... AI AI Tools Desk 8 May
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