Monday, April 12, 2021

Sources: Trip.com plans to raise ~$1.09B in its Hong Kong secondary listing, pricing at $34.46 per share, a discount of ~2% on its closing price on Monday (Julia Fioretti/Bloomberg)

Julia Fioretti / Bloomberg:
Sources: Trip.com plans to raise ~$1.09B in its Hong Kong secondary listing, pricing at $34.46 per share, a discount of ~2% on its closing price on Monday  —  - Online travel platform would raise $1.09 billion at that price  — U.S.-listed Chinese companies are flocking to Hong Kong



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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...