Caproasia https://validator.w3.org/feed/docs/rss2.html South Korea AI Chip Startup Rebellions Raised $400 Million at $2.3 Billion Valuation & Plans South Korea IPO in 2027 1H, Founded in 2020 by Sunghyun Park, Oh Jin-wook, Kim Hyo-eun & Shin Sung-ho, Investors Include Samsung, SK Hynix, SK Telecom, KT Corp, Korea National Growth Fund, Saudi Aramco (Wa’ed Ventures) Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest China Silicon Carbide Power Devices Company BASiC Semiconductor Hong Kong IPO Share Price Increased +5.1% on Day 1 Trading (8/7/26: IPO Price HKD 31.62, Closing HKD 33.22) to $1.2 Billion Market Value & Raised $110 Million in IPO, Founded in 2016 by Wang Zhihan China Visual AI Product Company Reconova Technologies Hong Kong IPO Share Price Decreased -3% on Day 1 Trading (8/7/26: IPO Price HKD 21.66, Closing HKD 21) to $733 Million Market Value & Raised $78 Million in IPO, Founded in 2012 by Zhan Donghui China DRAM Semiconductor Company ChangXin Memory Technologies (CXMT) Shanghai IPO to Raise $4.3 Billion at $42 Billion Valuation with Expected IPO Listing in 2026 July, Founded in 2016 by Zhu Yiming (Founder of $63 Billion GigaDevice Semiconductor) Who is Billionaire with $5 Billion Fortune United States Enterprise AI Agent Startup Lyzr to Raise $100 Million Series B Funding at $500 Million Valuation, Founded in 2023 by Siva Surendira, Anirudh Narayan & Jithin George Hong Kong Insurance Authority (IA) Approves 2 Captive Insurers in Hong Kong Which Allows Companies to Provide Insurance Protection Within the Companies – 1) HSH Captive (The Hongkong and Shanghai Hotels – Owns Peninsula Hotel) & SF Captive ($23 Billion China Logistics Giant SF Holding), Captive Insurer is a Wholly-Owned Subsidiary Created to Provide Insurance for Own Use Dutch Central Bank Fines ABN AMRO Bank $9.3 Million (€8.5 Million) for Serious Failures in Money Laundering Controls & Customer Due Diligence from 2023 to 2024, Red Flags Include Large Cash Withdrawals by Individuals, Transactions in High-Risk Countries, Large & Frequent Commission Payments, Use of Intermediaries by Customers to Bypass Russia Sanctions and Investigations Closed & Without Follow-Up (Essential Information Missing or Not Provided by Customers) Citadel Billionaire Founder Ken Griffin Citadel Securities Lost $28 Million & Joins Lawsuit in United States Quant Trading Firm Susquehanna International Group (SIG) Lawsuit on Losing $70 Million as Counterparty to Insider Trades (Options) via United States & China Brokerages, United States Court Grants Request to Freeze Accounts at Interactive Brokers, Futu & Up Fintech Holdings’ Tiger Brokers, Susquehanna International Group Alleged Insider Trades Generated at Least $100 Million Profit S&P Dow Jones Indices (DJI) Placed Indonesia on Watchlist for Possible Downgrade (2027 Annual Review) to Frontier Market Status from Current Emerging Market Status Due to Stock Ownership Transparency & Indonesia Stock Exchange (IDX) Current Reforms on Shareholding Disclosures, Indonesia Major Stock Index IDX Composite -32.2% YTD, -15.3% Last 12 Months & -1.9% Last 5 Years Indonesia Bank Jago Billionaire Founder Jerry Ng Plans Partial Sale, Strategic Investor or Merger of BFI Finance Indonesia & Digital Bank PT Bank Jago to Create $1.4 Billion Indonesia Bank, Jerry Ng (Trinugraha Capital & Co) Owns 51% Stake in BFI Finance Indonesia & 30% Stake in Bank Jago, Jerry Ng is Indonesia Banking Industry Veteran Including at Bank BTPN (Now SMBC Indonesia), Citibank, Bank Central Asia, Bank Danamon, Astra Financial Services & Indonesian Bank Restructuring Agency Japan Bankrupt Credit Card Payment Company Zentoshin Creditors to Claim $709 Million (JPY 115.2 Billion) Debts, Suspected to Falsify Financial Reports for 20 Years, Filed for Bankruptcy (6/7/26) with $709 Million (JPY 115.2 Billion) Debts, Japan Banks Including Towa Bank & San ju San Financial Group Will Writedown Loans Provided to Zentoshin Germany $1.2 Trillion Asset Manager DWS Plans Rebrand to Deutsche Asset Management in 2026 Q4, DWS (Die Wertpapier Spezialisten ~ The Security Specialists) Fully Acquired by Deutsche Bank in 2006 & Completed Frankfurt IPO in 2018, Current Market Value at $15.9 Billion, Share Price +20% YTD, +37.1% Last 12 Months & +73.9% Last 5 Years, DWS Largest Shareholders are Germany Deutsche Bank 79.49% & Japan Nippon Life Insurance 5% Japan Major Stock Index Nikkei 225 Reclassifies Index into 7 Sectors (Previous 6) by Adding Information & Communications (Effective 1/10/26), Nikkei 225 7 Sectors are Technology, Information & Communications, Financials, Consumer Goods, Materials, Capital Goods / Others and Transportation & Utilities, Nikkei 500 Communications Sector Will be Renamed as Information & Communications (Effective 1/10/26), Nikkei 225 at 67,743, +30.7% YTD, +70.9% Last 12 Months & +142.5% Last 5 Years Singapore MAS to Allow New Fund Product Types for Retail Investors with New Alternative Funds Appendix (Innovative Fund Types) & Faster Approval (3 Months for Initial New Fund Types, 3 Weeks for Same Type of Funds) Singapore MAS & Police to Charge Singapore-Based Samlit Moneychanger (Include Director & Compliance Manager) in Singapore Court for Failures to Comply with Complaints Handling & Obstruction of Justice, Singapore Police Received More than 670 Reports of Around $9.8 Million Money Remittances to China Frozen in 2023 December Hong Kong SFC Requires Internet Brokers & Virtual Asset Trading Platform Operators (VATPs) to 1) Implement Phishing-Resistant Authentication Methods for Client Login & Device Binding within 12 Months (Latest 8/7/27) and to Stop Using 1-Time Passwords (OTPs) for Client Login & Device Binding, 2) Large Internet Brokers are Expected to Implement Immediately and 3) Senior Management are Ultimately Responsible for Appropriate Controls to Protect Client Accounts & Assets and Will be Held Accountable for Client Losses Due to Control Lapses Uzbekistan Government Postponed 2026 IPOs of State-Owned Uzbekistan Airways & Uzbektelecom to 2027, Uzbekistan Airways IPO Valuation to Increase to $2.3 Billion in Ongoing Transformation Program with United States $1.7 Trillion Asset Manager Franklin Templeton, Target to Complete Transformation & IPOs for All 13 Companies in National Investment Fund of Uzbekistan (UzNIF) Portfolio United States $6.3 Billion Asia & Emerging Market-Focused Investment Manager Matthews International Capital Management Founder G. Paul Matthews and Early Employee & Now-Portfolio Manager Mark Headley Complete Acquiring Controlling Equity Stake, Founded in 1991 as Matthews Asia by G. Paul Matthews Based in United States, Matthews Asia Peak AUM at $36 Billion in 2018 United States $6.3 Billion Asia & Emerging Market-Focused Investment Manager Matthews International Capital Management Hires Fidelity International 15-Year Veteran & ex-Head of Equities APAC Martin Dropkin as President & Chief Operating Officer (COO), 27 Years Investment & Research Experience at Fidelity, Credit Suisse, Merrill Lynch & Grotevant Research Partners and Held Senior Roles Including as Head of Equities APAC, Head of Asian Fixed Income & Hong Kong Investments and Global Head of Research for Fixed Income