China United Lines (CULines) has applied to be listed on the Hong Kong Stock Exchange. The liner operator, which is majority owned by the Chinese state, did not provide any fund-raising target or timetable in its listing prospectus, but stated that it plans to use the proceeds to expand its fleet, acquire...
December 4, 2021 by Choice Aviation Services0Air Cargo
PitchBook’s Cameron Stanfill, CFA writes: VC-backed IPOs are booming, yet public performance this year is lagging Has 2021’s ramp-up in IPO activity been a rush to the exits prior to a change in the market cycle? Is it just the new normal? Time will tell, but one thing is certain: US VC-backed IPOs have broken all...
