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Sources: shares of ByteDance are trading at a $250B+ valuation in the secondary market; CB Insights said ByteDance’s valuation was $140B in last fundraising (Bloomberg)

Bloomberg:Sources: shares of ByteDance are trading at a $250B+ valuation in the secondary market; CB Insights said ByteDance’s valuation was $140B in last fundraising  —  – Startup’s valuation was $140 billion in last fundraising  —  Shares of ByteDance Ltd., the Chinese parent of hit video app TikTok …


30 March 2021 0

Green Tea restaurant group plans Hong Kong IPO

Green Tea Group, a Chinese restaurant operator, is seeking approval to go public in Hong Kong.


30 March 2021 0

Jiangsu Construction uses liability management to net $250m

Jiangsu Zhongnan Construction Group Co raised $250m from a new money and exchange offer on Monday.


30 March 2021 0

KNOC fires up first dollar bond of 2021

Korea National Oil Corp’s (KNOC) quasi-sovereign credentials helped drive demand for its $700m bond on Monday, its first international debt transaction of the year.


30 March 2021 0

Maldives makes bond comeback with $200m sukuk

The Republic of the Maldives priced a $200m sukuk on Monday, marking the country’s first dollar outing in three years.


30 March 2021 0

FTSE Russell gears up for China’s WGBI inclusion

FTSE Russell will start adding Chinese government bonds (CGBs) in its flagship FTSE World Government Bond Index (WGBI) later this year, a move that is expected to attract more foreign inflow into the world’s second largest bond market.


30 March 2021 0

Alibaba-backed Energy Monster sets $219m US IPO in motion

China-based Energy Monster, a mobile device charging company, has kicked off the roadshow for its Nasdaq listing. It is eyeing up to $218.7m from the deal.


30 March 2021 0

Cosmos launches Inter-Blockchain Communication to enable cross-chain DeFi

Cosmos is now building a cross-chain DEX for IBC-enabled blockchains, dubbed Gravity


30 March 2021 0