Chinese AI chip startup Biren surged as much as 119% in its Hong Kong debut, after raising ~$717M in an IPO priced at ~$2.52 per share
Bloomberg :
Sources: Chinese AI startup MiniMax is seeking to raise $600M+ from its Hong Kong IPO, set for January 2026, and has secured Alibaba and the ADIA as backers
Bloomberg :
AST launches its largest-ever satellite from India, hosting the BlueBird Block-2, the first in a series of deployments to challenge SpaceX in satellite internet
Sana Pashankar / Bloomberg :
AST launches its largest-ever satellite from India, hosting the BlueBird Block-2, the first in a series of deployments to challenge SpaceX in satellite internet
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Tokyo-based Resonac, a crucial cutting-edge chip chemicals supplier whose shares are up 40%+ YTD, says it has bolstered China production capacity to meet demand
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Bengaluru-based e-commerce platform Meesho is up 95% from its IPO offer price, valuing it at nearly $11B and making it India's best-performing major IPO of 2025
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Analysis: Tata, Infosys, and Cognizant are set to bear the brunt of Trump's $100K H-1B fee; from 2020 to 2024, 93% of Infosys' H-1B hires would have had to pay
Bloomberg :
Bloomberg: SpaceX is expected to make ~$15B in revenue in 2025, increasing to between $22B and $24B in 2026, with the majority of sales coming from Starlink
Bengaluru-based e-commerce platform Meesho's stock opened up 54% in its debut, giving the company an ~$8.4B market cap after raising ~$603M in its India IPO
Bloomberg :
An interview with Tencent Games Global CEO Michelle Liu, whose hands-on dealmaking approach generated $10B in international gaming revenue over the past year
Bloomberg : X: @business X: @business : This year, Tencent's gaming business scored record sales, defying an industry slowdown with international hits like zombie horror Dying Light: The Beast. The s...