In today’s edition of our regional news roundup, a North Carolina office tower finds a South Korean buyer, office-sharing firm WeWork mulls another path to going public after its failed IPO, and a unit of China Evergrande Group eyes the… Read More>>
Asia’s real estate world starts the second full week of the new year with a US unit of a mainland developer going public on the NASDAQ through a backdoor listing at a $450 million valuation.
Also in… Read More>>
A Bain Capital-backed data centre operator made a hyperscale debut on NASDAQ exchange yesterday with shares climbing by more than 20 percent after being priced at the top of their expected range.
Chindata, a Beijing-based developer and operator of Internet… Read More>>
The private equity rush to cash in on Asian data centre demand achieved a new milestone this month when a Beijing-based startup backed by Bain Capital filed for a NASDAQ IPO.
Chindata Group Holdings filed its Form F-1 registration statement… Read More>>
Yet another too good to be true online-to-offline venture took its latest step into oblivion this past week as Luckin Coffee decided not to resist its delisting from the NASDAQ exchange with the latest instalment in that tale leading Mingtiandi’s… Read More>>
Luckin Coffee has sacked its chief executive and chief operating officers after internal investigations by the company brought to light further evidence of wrongdoing related to an accounting fraud scandal exposed by short seller Muddy Waters Research in January.
The… Read More>>
Mainland co-working operator Ucommune is said to have filed for an initial public offering with the US securities regulator and is targeting a public listing before the end of the year, according to media reports.
The Beijing-based shared office unicorn,… Read More>>