Wall Street’s Cloudy Quarter Has Some Rays of Sunshine

[ad_1] Jan. 16, 2024 12:49 pm ET Wall Street hardly ended last year with a bang. But given the challenges facing the other major business lines of the biggest banks,…

Chinese EV-Charging Company Star Charge Aims for Hong Kong IPO in Late 2024

[ad_1] Star Charge, a Chinese maker of electric-vehicle charging stations, is aiming to go public in Hong Kong as early as the second half of 2024, according to people familiar…

Frasers Property Owners Could Sell Company as Part of Strategic Review

[ad_1] Updated Jan. 10, 2024 1:29 am ET Frasers Property’s majority owners could sell the company or some of its assets as part of a strategic review, people familiar with…

Lexington Partners Collects Nearly $23 Billion for Secondhand Private-Equity Stakes

[ad_1] Updated Jan. 9, 2024 2:15 pm ET|WSJ Pro Lexington Partners, one of the oldest investors in secondhand private-equity assets, has raised $22.7 billion for its latest fundraising effort. The…

Radio Broadcaster Audacy Files for Bankruptcy

[ad_1] Jan. 7, 2024 10:27 am ET|WSJ Pro Audacy filed for bankruptcy Sunday, succumbing to a steep decline in radio advertising. The Philadelphia-based broadcaster filed a chapter 11 petition in…

Ecstasy-for-Medicine Advocate Raises $100 Million

[ad_1] The Multidisciplinary Association for Psychedelic Studies, a nonprofit leader in the pharmaceutical psychedelics industry, has raised more than $100 million in a Series A private stock sale.   MAPS needed…

Chinese Company That Sparked Fears of Financial Contagion Falls Into Bankruptcy

[ad_1] Updated Jan. 5, 2024 7:12 am ET China’s Zhongzhi Enterprise Group has declared bankruptcy, following a calamitous year in which it sparked fears that the world’s second-largest economy was…

Evergrande Auto’s Investment Agreement With Dubai Automaker Lapses

[ad_1] Updated Jan. 1, 2024 9:26 pm ET China Evergrande New Energy Vehicle said an agreement for a Dubai-based automaker to subscribe to its shares has expired, raising fresh doubts…

Hong Kong’s IPO Drought Casts Pall Over Region’s Businesses

[ad_1] Updated Jan. 3, 2024 12:01 am ET A dearth of initial public offerings in Hong Kong is causing companies to suffer cash crunches and put off expansion plans, showing…

Electric Scooter IPO to Test Enthusiasm for India’s EV Story

[ad_1] An initial public offering planned for next year in India could be a crucial test for the country’s budding electric-vehicle market.  India’s Ola Electric, which makes two-wheeled electric scooters,…