DealStreetAsia

India's NSE IPO draws over $10b, traders eye modest listing pop

The $2.3-billion IPO is the country's biggest after Hyundai Motor India's $3.3-billion offering.

India's AMPIN gets equity investment of up to $100m from Norfund

Norfund has previously invested in India's ReNew Power and Enel Green Power.

New World Development bags Shanghai bourse nod for $570m REIT listing

The REIT listing comes as New World seeks to refinance debt ⁠and bolster liquidity.

Vietnam joins FTSE Russell emerging market benchmark

The index provider estimates the inclusion could redirect up to $6 billion into Vietnam.

China AI developer Z.AI launches $5b Hong Kong share, convertible bond sales

Z.AI, formerly Zhipu AI, went public in HK in Jan and raised about $4b in a follow-on share sale in July.

Indosat, Ooredoo’s Zankore secures $3.1b debt facility for AI infrastructure

Last month, Indosat Ooredoo Hutchison teamed up with Ooredoo Group, NVIDIA, and Nokia to launch Zankore.

Grab Vietnam drivers call for two-day app boycott, say earnings squeezed

The bigger question: Can ride-hailing platforms remain profitable without losing drivers?

Trustar Capital sells Amoy Food to Haitian in China condiments deal

Trustar acquired Amoy’s global business in 2019.

Tencent-backed Enflame triples in Shanghai debut after $912m IPO

Enflame's debut adds to a rush of listings by Chinese companies seeking to supply AI computing chips.

LeapFrog invests $40m in Marengo Asia Hospitals to fund expansion

Marengo aims to double its hospital bed capacity to 4,000 beds over the next two years.

Singapore's DBS faces $1b lawsuit in alleged 1MDB-linked claim

DBS rejected the claim and said it would fight it vigorously.

JPMorgan names APAC, EMEA tech investment banking chiefs as international co-heads

Mark Fiteny and Matt Gehl will support the bank's technology clients globally in their new roles.

Indonesia to shift controlling stakeholder of China-funded railway next week

Loan maturity extended to 80 years following talks with Beijing.

Malaysia's data centres guzzling more power as temperatures soar

Malaysia is attracting ​billions of dollars in investments from major ​global tech ⁠firms.

Granite Asia seeks middle-market opportunities in Asia private credit

It had raised more than a targeted $500 million for its pan-Asia private credit strategy.

Indian space startup GalaxEye wins US patent for satellite imaging technology

GalaxEye has so far raised around $21 million in funding.

Arnya Realestates Fund Advisors launches third fund with Casagrand

The fund will invest in real estate projects across Chennai, Bengaluru and Hyderabad.

CapitaLand targets $500m for third Asia-Pacific credit programme

It reportedly aims to hold a first close by the end of 2026.