Zhongji Innolight IPO Falls on Hong Kong Debut After HK$53.4 Billion Raise Zhongji Innolight IPO falls on Hong Kong debut after raising HK$53.4 billion; investor worries over AI tech buildout …
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Business
Toyota and Suppliers Divest Billions in Shares to Boost Japan Market Liquidity
by Sato Asahiby Sato AsahiToyota divestments accelerate as automaker and suppliers sell billions in equity stakes Toyota divestments: the automaker and its suppliers sold billions in shares across dozens of firms last fiscal year, …
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SK Hynix prices $26.5bn share sale at $149, shares jump 13 percent
by Sato Asahiby Sato AsahiSK Hynix Share Sale Prices at $149, Raises $26.5 Billion in U.S. Debut SK Hynix priced its U.S. share sale at $149, raising $26.5 billion in the largest-ever foreign offering; …
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Business
Laopu Gold shares plunge about sixty percent amid gold slump and rivals
by Sato Asahiby Sato AsahiLaopu Gold Faces Investor Backlash as Shares Fall About 60% Amid Metal Slump and Rival Pressure Laopu Gold shares have tumbled about 60%, a steeper decline than peers and the …
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Business
Evergrande unit shares plunge after majority stake sale talks scrapped
by Sato Asahiby Sato AsahiEvergrande Unit Shares Plunge After Majority-Stake Sale Talks Collapse Evergrande unit shares plunged after talks to sell a majority stake were scrapped, dealing a blow to liquidators seeking funds and …
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Business
Reliance Jio files draft IPO to issue 270 million shares for AI
by Sato Asahiby Sato AsahiReliance Jio IPO filing signals major fresh equity issue as company eyes AI expansion Reliance Jio IPO filing: Mukesh Ambani’s unit will issue 270 million new shares as it targets …
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Business
Zhipu shares surge, outpacing Minimax as Chinese AI valuation gap widens
by Sato Asahiby Sato AsahiZhipu valuation gap widens as shares surge while Minimax lags in Hong Kong AI rally Zhipu valuation gap widens as the company’s shares surge in Hong Kong while rival Minimax …
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Business
SoftBank overtakes Toyota in market cap as AI rally lifts shares
by Sato Asahiby Sato AsahiSoftBank market cap surpasses Toyota as AI rally and OpenAI stake lift shares SoftBank market cap surpasses Toyota as AI rally and its OpenAI stake propel shares, reshaping Japan’s stock …
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Business
Trump-Xi summit in Beijing boosts Nvidia shares while Boeing slides
by Sato Asahiby Sato AsahiTrump-Xi Summit in Beijing: Tea, Temple Tour and Market Signals as Leaders Seek Concrete Deals At the Trump-Xi Summit in Beijing on May 14–15, leaders held tea and lunch meetings …
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Business
Olympus shares rebound as Bob White seeks FDA product safety resolution
by Sato Asahiby Sato AsahiOlympus CEO Bob White Sees Share Recovery as Markets Await FDA Resolution of Product Safety Issues Olympus CEO Bob White has steered the company through a tumultuous first year, largely …