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China Telecom shares surge as it becomes biggest listing of year

Enthusiasm in the markets for China’s push to build the world’s largest 5G networks ....

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SoftBank invests $1.7 billion in Yanolja ahead of IPO

SoftBank invests $1.7 billion in Yanolja ahead of IPO
japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.

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Didi Duo Set for Billion Dollar Fortunes on Ride-Hailing IPO

Didi Duo Set for Billion Dollar Fortunes on Ride-Hailing IPO
bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.

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SK Hynix Wins U.S. Approval for $9 Billion Intel Unit Purchase

SK Hynix Wins U.S. Approval for $9 Billion Intel Unit Purchase
Bloomberg
3/12/2021
Sohee Kim
© Photographer: SeongJoon Cho/Bloomberg
The SK Hynix Inc. logo is displayed atop the company s semiconductor plant in this aerial photograph taken above Icheon, South Korea.
(Bloomberg) U.S. regulators cleared SK Hynix Inc.’s $9 billion acquisition of Intel Corp.’s Nand storage unit, one step toward completing a deal that would strengthen the Asian chipmaker’s position in the memory market.
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The Committee on Foreign Investment in the United States, better known as CFIUS, signed off on the deal, the company said in a statement Friday, following approval from the Federal Trade Commission. Icheon, South Korea-based Hynix, which announced the deal in October, is trying to win approval from the remaining countries this year. ....

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SoftBank poised to reap US$16bil windfall

Potential winner: A Coupang employee delivering fresh food in Bucheon, South Korea. Coupang and its bankers raised the price range of the offering, signalling strong demand for the shares. – Bloomberg
TOKYO: SoftBank Group Corp, the biggest shareholder in Coupang Inc, stands to reap an enormous windfall when the South Korean e-commerce leader goes public this week, giving founder Masayoshi Son further evidence his often-criticised startup bets are paying off.
The Japanese company owns about 35% of the startup and could report an unrealised gain of as much as US$16bil (RM66bil) after Coupang raised the target price range for its initial public offering (IPO). ....

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