In a landmark announcement made on December 4, 2020, Singapore’s Monetary Authority (MAS) awarded banking licenses to four players. How will new digital banks change the market landscape in Singapore? ( read original story ...)
G.H.Y Culture & Media’s IPO shares priced at S$0.66
Entertainment and content provider G.H.Y Culture & Media Holding Co on Friday (Dec 11) lodged its final prospectus, offering around 21.7 million shares at S$0.66 each for placement in its initial ... ( read original story ...)
IPO activity remains strong in Southeast Asia
China trade tensions, Southeast Asian capital markets have remained resilient, with local IPO activity from January up to mid October 2020 reaching pre-pandemic levels, and with 100 IPOs raising a ... ( read original story ...)
Singapore and Shanghai to deepen collaboration in financial services and innovation
Shanghai and Singapore are committing to deeper collaboration in financial services and innovation, expanding the hub-to-hub connectivity between the Chinese city and the Republic.. Read more at ... ( read original story ...)
Hong Kong IPO Makes This 33-Year-Old Chinese Toy Tycoon A Billionaire Several Times Over
Wang Ning saw his wealth surge almost three fold this year, thanks to strong investor demand for the initial public offering of his Pop Mart International Group. ( read original story ...)
DoorDash Stock Opens 80% Higher Than IPO Price
The opening price gives the food-delivery company a market value of $69 billion. The stock began trading Wednesday on the NYSE . ( read original story ...)
Singapore’s Fintech Investments Jumped 300% in Q2
Singapore fintech association released a report with a management consulting firm Oliver Wayman which shows that fintech investments jumped 300% in Q2. ( read original story ...)
Singapore fintech startup Rely secures finance facility of up to $75m
The company aims to scale its operations and forge partnerships with major retailers in Singapore, Malaysia, and South Korea. ( read original story ...)
Carlyle-Backed Rede D’Or IPO Raises at Least $1.6 Billion
Rede D’Or Sao Luiz SA’s initial public offering raised at least 8.4 billion reais ($1.6 billion), according to people familiar with the matter, making it one of the biggest in Brazil’s history. ( read original story ...)
Singapore’s Digital Banking Race Enters A New Phase
After a long wait and a bit of uncertainty due to COVID-19, on the eve of the Singapore Fintech Festival, the Monetary of Authority of Singapore (MAS) announced the winners of what was a highly ... ( read original story ...)
WEF Opts for Singapore Over Davos in 2021 as Europe Cases Surge
The World Economic Forum will hold its 2021 annual meeting in Singapore instead of its traditional home of Switzerland, which is battling a rising number of coronavirus infections. The high-profile ... ( read original story ...)
Flipkart IPO may ride piggyback on post-covid-19 boom in e-commerce
Share prices of some listed e-com firms in emerging markets have skyrocketed in 2021.For example, shares of Singapore-based Sea Ltd have risen by 280% compared to its pre-covid highs ... ( read original story ...)
Singapore government to boost blockchain adoption
Singapore government unveils S$12m programme to promote development and adoption of blockchain applications beyond financial services ... ( read original story ...)
Commentary: Is Airbnb’s IPO listing this week worth your investment?
The travel experience company has its fair share of knocks over the years but it has some solid fundamentals, say Howard Yu and Angelo ... ( read original story ...)
Bill Gates among star speakers at Singapore’s biggest fintech festival
Over 60,000 participants from over 7,000 companies across 130 countries are expected.. Read more at straitstimes.com. ( read original story ...)
Singapore to Seek More Travel Bubble Arrangements
Singapore said it will keep searching for possibilities of travel bubbles with other regions even after an arrangement with Hong Kong suffered a setback, the Straits Times reported. ( read original story ...)