Tag - ipo

 
 

IPO

Ryo Ogawa (right), chief executive officer of Timee, and Tomoaki Yagi, chief financial officer, strike the trading bell during the company's listing ceremony at the Tokyo Stock Exchange in Tokyo on Friday.
BUSINESS / Companies
Jul 26, 2024
Shares of job app firm Timee jump in Japan stock trading debut
The stock surged to as high as ¥1,855 on the Tokyo Stock Exchange’s Growth market.
Fast fashion e-commerce company Shein's logo outside its office in Guangzhou, China, on June 11
BUSINESS / Companies
Jun 25, 2024
What is at stake for China-founded Shein as EU rule looms
Shein has faced more than 90 lawsuits alleging it plagiarized others’ designs or products.
The Shein logo on hangers at a pop-up store in Dublin on Nov. 8, 2022
BUSINESS / Companies
Jun 13, 2024
Shein steers tough course in pursuit of blockbuster London IPO
Both of the U.K.’s major political parties have met with Shein leaders, according to reports, though neither has come out in support publicly.
Employees of a seafood restaurant work in their kitchen space at Tsukiji Outer Market in Tokyo. Side gigs are becoming increasingly common in Japan as companies look for flexible sources of labor while workers look to top up income in their spare time.
BUSINESS / Companies
Jun 11, 2024
Japan spot work startup Timee targets July listing, sources say
The startup, founded in 2017, is aiming for a valuation of roughly $1 billion and the joint global coordinators are Daiwa Securities and Morgan Stanley, the people said.
A woman cycles past the Beijing Stock Exchange building on Feb. 8.
BUSINESS / Markets
Jun 3, 2024
Red tape clogs China's offshore IPO pipeline even as markets recover
China company executives and their investors said they expect the offshore IPO drought to continue this year, weighing on firms' ability to raise capital in a slowing economy.
The Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong on March 14. Dealmakers say a lot more than words is needed to revive Hong Kong’s weakest IPO market since the global financial crisis.
BUSINESS / Markets
Apr 29, 2024
China’s new plan to boost Hong Kong IPOs faces major hurdles
Pipeline of IPOs expected to remain feeble while valuations are low, China’s economic outlook is poor, and foreign investors remain distrustful of Beijing.
Kioxia Holdings plans to go public on the Tokyo Stock Exchange as early as October.
BUSINESS
Apr 16, 2024
Kioxia plans to list as early as October as merger talks stall
Kioxia faces a June deadline to refinance as much as ¥900 billion worth of loans, and a public listing will help its negotiations with banks.
Yukio Kani, chairman and global CEO of Jera
BUSINESS / Companies
Apr 15, 2024
Japan’s top power producer Jera considers IPO to fund green push
The Tokyo-based company plans to develop 20 gigawatts of renewable generation capacity by fiscal 2035.
The New York Stock Exchange in New York. Japanese startups have been turning to the United States where institutional investors are more willing to bet on innovative technologies.
BUSINESS / Companies
Apr 10, 2024
New York Stock Exchange trying to get Japanese companies to list in the U.S.
South Korean, Indonesian and Singaporean companies from across various sectors are also looking to list in the U.S..
A prototype of the Astroscale Holdings ELSA-d in-orbit debris capture and removal craft is displayed at the company's office in Tokyo in December 2018.
BUSINESS / Companies
Apr 5, 2024
Japan space startup Astroscale aims for June listing, sources say
The 11-year-old company spoke to overseas institutional investors in March to gather feedback before making a decision on a listing.
An electronic board shows Shanghai and Shenzhen stock indexes at the Lujiazui financial district in Shanghai on March 24.
BUSINESS / Markets
Mar 29, 2024
Chinese firms face funding drought for IPOs amid heavy scrutiny
China's securities watchdog has sharply tightened scrutiny of IPOs this year, leading to companies scrapping domestic listing plans in droves.
Reddit CEO Steve Huffman rings a ceremonial bell at the New York Stock Exchange (NYSE) to celebrate the company's initial public offering on March 21.
BUSINESS / Tech
Mar 28, 2024
Reddit’s IPO is a content moderation success story
Deciding what users are and aren’t allowed to post is something every social media company has to embrace eventually, if it wants to succeed.
Tokyo Metro plans to go public in the fiscal year that starts in April.
BUSINESS / Companies
Jan 26, 2024
Tokyo Metro to go public as Japan seeks to reap benefits of buoyant stock market
The company, which is owned by the national government and the Tokyo Metropolitan Government, will be listed in the year that begins in April.
The Financial Services Agency ordered SBI Securities to halt part of its business related to initial public offerings through Jan. 18 as a penalty for having manipulated clients' post-IPO share prices.
BUSINESS / Companies
Jan 13, 2024
Japan’s biggest online brokerage SBI punished for market rigging
The Financial Services Agency on Friday instructed the nation’s biggest online broker SBI Securities not to solicit trade orders from clients for shares on the day they list.
Officials from iQPS celebrate in the city of Fukuoka in June after the successful launch of a rocket carrying a small satellite developed by the firm.
BUSINESS / Companies
Dec 6, 2023
Satellite imagery startup iQPS surges 82% in Tokyo debut
The stock opened at ¥860 per share versus its IPO price of ¥390, with trading delayed by nearly five hours due to a glut of buy orders.
Mizuho Financial Group will raise its stake in Rakuten Securities to nearly 50%.
BUSINESS / Companies
Nov 9, 2023
Mizuho said to raise Rakuten Securities stake to almost 50%
The banking group plans to increase its investment in Rakuten’s online securities arm, which isn’t proceeding with an initial public offering for now.
Kokusai Electric's technology and manufacturing center in the city of Toyama
BUSINESS / Companies
Oct 25, 2023
Kokusai Electric shares jump 28% in Tokyo debut
The stock closed at ¥2,350, valuing the company at ¥541.5 billion as investors grabbed shares following the IPO.
An electronic stock board in Tokyo. Kokusai Electric is set to go public on the Tokyo Stock Exchange on Wednesday.
BUSINESS / Markets
Oct 24, 2023
KKR poised for Kokusai payoff with largest Japan IPO since 2018
The American private equity firm acquired the business from Hitachi Kokusai Electric through a tender offer in 2018.
Arm CEO Rene Haas participates in the opening bell ceremony at the Nasdaq exchange in New York on Sept. 14 as the chip design firm holds an initial public offering.
BUSINESS / Markets
Oct 6, 2023
SoftBank’s Arm faces Wall Street scrutiny after massive IPO
Arm Holdings raised $4.87 billion last month in the largest IPO on a U.S. exchange since November 2021.
The Nasdaq market site in New York. Dozens of Japanese startups are preparing to list on the Nasdaq in the next few years.
BUSINESS / Markets
Oct 2, 2023
Nasdaq helps Japan startups escape risk-averse home market
An unprecedented number of entrepreneurs turn away from an aging, risk-averse home market.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?