Bonnie Chan, chief executive officer of Hong Kong Exchanges & Clearing Ltd. (HKEX), during the Asian Financial Forum in Hong Kong, China, on Tuesday, Jan. 27, 2026. The forum runs through today. Photographer: Lam Yik/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Hong Kong’s IPO pipeline is supported by companies beyond the ‘fashionable’…
As Anthropic prepares for a landmark initial public offering, Wall Street is looking unusually far into the future to value the artificial intelligence startup. Bankers and institutional investors are calculating the company’s enterprise value based on projected 2028 revenues of $190 billion to $200 billion. By anchoring valuation models to metrics two years out, underwriters…
The potential investment in OPay followed Standard Bank Group’s disclosure that it plans to increase its investments in companies across Africa in June. Africa’s largest bank by assets, Standard Bank Group is in negotiations with Nigerian fintech company OPay ahead of the latter’s planned initial public offering (IPO) in the United States. OPay is working…
Dangote Petroleum Refinery has filed an initial public offering application with Nigeria’s Securities and Exchange Commission, moving the company closer to a listing on the Nigerian Exchange. SEC Director-General Emomotimi Agama said the refinery’s advisers are working with the regulator and that the company is targeting September 2026. No offer or listing date has been…
Shein is seeking a valuation of between US$30-billion and $40-billion (R495-billion and R660-billion) in a Hong Kong initial public offering (IPO) that the online fast-fashion retailer plans to launch as early as mid-August, three people familiar with the matter said. Shein started pre-deal investor meetings last week, one person said. The deal could be launched…
Thomas Mukoya/Reuters Airtel Africa announced on Thursday it had picked the London Stock Exchange for the listing of its mobile money business due later this year. “We believe a London listing will provide access to a broad international investor base and support our ambition to unlock the long-term value of one of Africa’s leading fintech…
The SpaceX Starship and Super Heavy v3 Booster lift off on its 13th test flight from the SpaceX launch complex in Starbase, Texas, U.S., July 24, 2026. Steve Nesius | Reuters SpaceX launched its massive Starship rocket Friday evening from its company town and launch facility in Starbase, Texas, in a 13th test flight and…
SpaceX investors have swung from celebration to apparent concern in its first month as a publicly traded company. When shares in the firm, co-founded and led by Elon Musk, first became available for individuals to buy on the public stock market on 12 June, there was an investor frenzy. Although the company had decided to…
Bridge Bank Group Côte d’Ivoire launched an initial public offering on the BRVM, offering 10 million shares at 6,750 CFA francs each in one of the regional exchange’s largest listings in recent years. The sale represents 20% of the bank’s capital and is expected to raise 67.5 billion CFA francs, or about $118 million. The…
A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Hong Kong-listed shares of Baidu surged more than 7% Monday on reports that its artificial intelligence chip unit Kunlunxin…
