Sangmi Cha

The collapse of Firmus Grid Ltd.’s initial public offering is reverberating through Asia’s booming market for share sales, making investors far pickier about artificial intelligence infrastructure deals that hinge on future earnings.

Shenzhen Transsion Holdings Co., which dominates the market for smartphones in Africa, raised HK$3.1 billion ($390 million) from a Hong Kong share share sale after pricing the deal near the top end.

South Korean regulators are examining whether a proposed US initial public offering of SK Hynix Inc.’s unit Solidigm would count as a “duplicate listing,” as some lawmakers push for stronger protection of minority shareholders.

Scarcely known outside its home market until this week, Elice Inc. on Tuesday found itself at the heart of a roiling debate about AI valuations and whether companies will be able to deliver on them.

The tide is turning on neoclouds, a business segment that’s emerged over the past few years to supply the vast amounts of data center computing needed to power artificial intelligence systems.

Investors will become more selective in the near future when it comes to initial public offerings, as rising concern about the spending on the artificial intelligence expansion — particularly data center funding — ripples across the market, according to Citigroup Inc.’s co-head of global equity capital markets.

Suzhou Dongshan Precision Manufacturing Co, a printed circuit board maker, raised about HK$9.9 billion (US$1.3 billion) in Hong Kong’s biggest listing in nearly two months,...

Suzhou Dongshan Precision Manufacturing Co. a printed circuit board maker, raised about HK$9.9 billion ($1.3 billion) in Hong Kong’s biggest listing in nearly two months, which hit a volatile market for companies related to the artificial intelligence build out.

Suzhou Dongshan Precision Manufacturing Co. is set to begin trading in Hong Kong on Wednesday after raising HK$9.9 billion ($1.3 billion), a debut that will test appetite for artificial intelligence-linked listings after a sharp market pullback.

Adventurous chefs head out of Central in search of culinary creativity.