Stay updated with breaking news from Marine Solution. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
While IPOs returned to major venues in Europe and the US, the slowdown in Asia was mostly due to Beijings decision to ramp up scrutiny of domestic new share sales as it tries to boost confidence in its equities market. Large deals in Hong Kong also vanished amid concerns about Chinas economy. The city hasnt hosted an offering larger than $1 billion since Oct. 2022.
New share sales across the region fell to $11 billion between January and March, the lowest tally for a quarter since early 2019, data compiled by Bloomberg show. The amount represents a 46% drop from the same period last year.
South Korea's HD Hyundai Marine Solution said it was planning an initial public offering to raise up to 742 billion won . ...
HD Hyundai has teamed up with Naver to accelerate its digital transformation, the South Korean shipbuilding giant said Monday. According to the announcement, representatives from the South Korean shipbuilding conglomerate and the country’s information technology giant signed a memorandum of understanding to bolster the former’s cloud transformation and artificial intelligence business at the latter’...
Hyundai Marine Solution and Greek shipping line Neptune Lines has agreed to a contract to optimise engines of four vessels.