Huawei Technologies, the world's largest telecommunications equipment vendor, has denied it had any plan to invest in Royole Corp, the former high-flying Chinese start-up that rose to fame in 2018 for launching the industry's first foldable smartphone ahead of Samsung Electronics. That denial was issued on Monday in response to a WeChat post, which went viral on Sunday across Chinese social media, by former Royole independent director Liu Shuwei, who serves as director of the China Enterprise Re
IPOs in Asia fared better than in Europe and the US, with deals in China and South Korea helping listings account for almost 60 per cent of global volumes.
SINGAPORE: It’s been a rather quiet first six months of the year for initial public offerings (IPOs) in Asia, as the region got swept up in the market rout caused by raging inflation and hawkish monetary policies.