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China's Zhongji Innolight, a manufacturer of optical transceivers, will launch a Hong Kong listing on Wednesday and is seeking to raise at least $8 billion, according to three sources with direct knowledge of the matter. Zhongji Innolight did not immediately respond to a request for comment from Reuters. The deal will be Hong Kong's largest share sale in nearly seven years since Alibaba Group's $12.9 billion listing in 2019.
The company may not have bottomed out yet.
July 21 (Reuters) - SBI Funds Management jumped 8.8% in its trading debut on Tuesday, becoming India's second-largest asset manager by market capitalisation, as investors bet on growth prospects in
(Bloomberg) -- Jijia Vision is in discussions to hold an initial public offering on Hong Kong’s stock exchange as soon as this year, joining a flurry of Chinese AI firms planning public market debuts. Most Read from BloombergSaudi-Led Coalition in Yemen Vows to Protect Ships From HouthisUS Strikes Iran in Escalating Campaign After Troops KilledIran Says Mediators Stepping In After Days of US ClashesMoonshot’s Kimi K3 May Be More About Memory Than ComputeChinese AI Sensation Moonshot’s Gamble on
QSR Magazine reported that Wingstop opened more restaurants than any U.S. chain in 2025, topping Chipotle, Dunkin' and others.
In the most recent trading session, Chipotle Mexican Grill (CMG) closed at $33.13, indicating a -3.8% shift from the previous trading day.
CNN Media Analyst Sara Fischer reacts to the decision.
Two-thirds of Jersey Mike’s offered shares will be from existing shareholders, meaning the injection of new capital will be relatively small.
China's AI startup plans global expansion after a record funding round valued above $50 billion.
Gene-editing biotech targets up to $242.7 million valuation, with initial ASCVD trial data expected in 2027.
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
Last week, a coalition of 12 attorneys general filed a lawsuit that challenges the $110 billion acquisition, arguing that the deal.
Judge Araceli Martínez-Olguín’s Monday ruling puts the deal on hold for two weeks while she considers a broader antitrust legal challenge brought by a coalition of 12 state attorneys general, led by California AG Rob Bonta.
Anthropic is reportedly setting up meetings with investors, a sign that its IPO could be coming soon.
A 14-day restraining order halts a deal that would combine two of Hollywood's five major film studios and cable programmers
By Jody Godoy and Dawn Chmielewski July 20 (Reuters) - A coalition of states led by California won a pause of Paramount's $110 billion acquisition of Warner Bros.
Starship launch delay and valuation concerns pressure shares despite bullish long-term analyst outlook.
Tempus AI (NASDAQ:TEM) executives said the company’s planned acquisition of Personalis is intended to strengthen its position in minimal residual disease, or MRD, testing, while expanding its biopharma data and profiling capabilities. On a call with analysts, Tempus said it agreed to acquire all ou
The shares should rebound once economic conditions improve.
LXP Industrial Trust (LXP) has agreed to be acquired and taken private by Brookfield Asset Managemen
CRWD is strengthening the Falcon platform with XM Cyber's attack path technology to expand exposure management and support an AI-driven platform strategy.
By Vibhuti Sharma and Yantoultra Ngui MUMBAI, July 20 (Reuters) - Coca-Cola has appointed JPMorgan and Citi as bankers for a planned 2027 initial public offering of one of its majority-owned bottling
L1 Capital, an investment management firm, released its “L1 Capital International Fund” (unhedged) second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The letter discusses the current investment environment as a ‘two-speed’ but resilient global economy, accompanied by an uncertain future. The letter explores the potential of an AI bubble, distinguishing […]
SLB expands its production optimization portfolio by acquiring Sulzer's VIEC technology, strengthening hydrocarbon recovery solutions for mature oil fields.
You can't buy Anthropic yet, but these two companies are already cashing its multibillion-dollar AI checks -- and could be smart ways to invest before the IPO.

Practical Venture Capital general partner, Aman Verjee, shares a few of his thoughts on Anthropic's (ANTH.PVT) and OpenAI's (OPAI.PVT) anticipated IPOs.
Jersey Mike’s Subs unveiled terms of a planned initial public offering that could give the sandwich chain, backed by private-equity giant Blackstone, an initial market capitalization approaching $8 billion.
AEW CEO Tony Khan explains to Yahoo Finance Executive Editor Brian Sozzi why Paramount's move to acquire Warner Bros. Discovery could be a major boost for AEW, and how the combined streaming footprint could put AEW in more homes and expand its live-event business.