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$1,500 haircut, $61,000 suit: Chinese TikTok influencers apologize for videos of lavish spending

$1,500 haircut, $61,000 suit: Chinese TikTok influencers apologize for videos of lavish spending
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

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Record-setting $49 billion Asia IPO boom likely to taper off, shows data

As in the US, initial public offering activity out of Asia has had its strongest-ever start to a year. That frenzy for new shares is likely to taper off as demand falls back to earth in the next few months. Asian companies, like their global peers, notched their best first quarter for listings ever, thanks to a flood of liquidity during the pandemic, super-low interest rates, and rallying stock markets. The firms raised $49.3 billion through first-time share sales at home and abroad a 154% jump over the same period in 2020, data compiled by Bloomberg show. IPOs globally raised an unprecedented $215 billion, with almost half of that haul coming from the record wave of issuance by special-purpose acquisition companies in the US. Now, a global rotation out of highly-valued tech and health-care stocks that have dominated market activity, as well as fading excitement around SPACs in the U.S., is clouding the outlook for new deals.

United statesHong kongWilliam smileyTucker highfieldHong kong iposAsia pacificFrancesco lavatelliTruck allianceBaidu incGoldman sachs group incCoupang incAmerica corpBairong incJpmorgan chase coWeibo corpBilibili inc

Record-setting Asian IPO boom likely to taper off

Record-setting Asian IPO boom likely to taper off
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

United statesHong kongSouth koreaSouth koreanWilliam smileyTucker highfieldRobin liHong kong iposFrancesco lavatelliBaidu incTencent music entertainment groupSina weibo corpGoldman sachs group inc in asiaCoupang incAmerica corpBairong inc

Record-Setting $49 Billion Asia IPO Boom Is Likely to Taper Off

Record-Setting $49 Billion Asia IPO Boom Is Likely to Taper Off Apr 04 2021, 1:45 PM April 04 2021, 2:30 AM April 04 2021, 1:45 PM (Bloomberg) As in the U.S., initial public offering activity out of Asia has had its strongest-ever start to a year. That frenzy for new shares is likely to taper off as demand falls back to earth in the next few months. (Bloomberg) As in the U.S., initial public offering activity out of Asia has had its strongest-ever start to a year. That frenzy for new shares is likely to taper off as demand falls back to earth in the next few months.

United statesHong kongWilliam smileyTucker highfieldHong kong iposAsia pacificFrancesco lavatelliTruck allianceBaidu incTencent music entertainment groupGoldman sachs group incCoupang incAmerica corpBairong incGroup ltdJpmorgan chase co

After best-ever start to a year, $49 billion Asia IPO boom likely to taper off

After best-ever start to a year, $49 billion Asia IPO boom likely to taper off SECTIONS Last Updated: Apr 04, 2021, 10:04 AM IST Share Synopsis Asian companies, like their global peers, notched their best first quarter for listings ever, thanks to a flood of liquidity during the pandemic, super-low interest rates, and rallying stock markets. Now, a global rotation out of highly-valued tech and health-care stocks that have dominated market activity. Related By Julia Fioretti As in the U.S., initial public offering activity out of Asia has had its strongest-ever start to a year. That frenzy for new shares is likely to taper off as demand falls back to earth in the next few months.

United statesHong kongWilliam smileyTucker highfieldHong kong iposJulia fiorettiFrancesco lavatelliAsia pacificTruck allianceBaidu incTencent music entertainment groupGoldman sachs group incCoupang incBairong incAmerica corpWeibo corp