1. B&K Corp Seeks IPO To Keep Its Slow-Developing Drugs Alive

    By The Bamboo Works Key Takeaways: B&K lost nearly 200 million yuan in the past two years, as its administrative expenses exceeded its R&D spending The drug maker’s president, who is also the founder’s son, has previous experience mainly in the fields of intelligent and autonomous d
  2. Goldman Sachs Warns Of Market Volatility Amid Uncertain 2024 Election Outcome Between Biden And Trump

    The stock market may face significant volatility if the 2024 Presidential election results are not swiftly determined, Goldman Sachs has cautioned. What Happened : The investment bank issued a note on Friday, highlighting the potential risk of a prolonged election outcome, reported
  3. Walmart-backed Ibotta shares surge 33% in strong market debut

    (Reuters) -Digital marketing firm Ibotta was valued at $3.55 billion in its market debut on Thursday, after shares of the Walmart-backed company opened 33% higher on the NYSE. Ibotta sold 6.6 million shares at $88 apiece in its initial public offering (IPO), raising $577.3 million
  4. Zeekr Steps On IPO Accelerator As Its Prospects Run Low On Fuel

    By The Bamboo Works Key Takeaways: Zeekr has reportedly restarted its IPO process with reduced fundraising plans, seeking to list before its valuation falls more as prospects worsen for Chinese NEV makers The company’s revenue from vehicle sales slowed to 44% year-on-year in the sec
  5. Tian Tu Plunges Into The Red On Sagging Hong Kong Stock Market

    By The Bamboo Works Key Takeaways: Tian Tu Capital posted an 873 million yuan net loss last year, reversing a 559 million yuan profit in 2022 The venture capital firm is getting hit by weakness in the Hong Kong IPO market, one of its primary venues for disposing of its consumer-rela