AgiBot had eyed a Hong Kong listing this year, targeting a HK$40-50 billion valuation, with CICC and Morgan Stanley as potential joint sponsors. Separately, Innolight's IPO, aiming to raise US$8 billion, attracted over 30 cornerstone investors for a July 30 debut, potentially the city's biggest listing in seven years.
Kazakhstan Temir Zholy's former CEO announced plans for a triple listing in Hong Kong, London, and Kazakhstan by year-end. Hong Kong's exchange anticipates more international issuers in late 2026/2027, with companies seeking favorable market sentiment.
The National Capital Planning Commission granted preliminary approval for Donald Trump's proposed 250ft arch in Washington D.C., but deferred a decision on whether it must comply with federal building height limits. The project faces public opposition and concerns about its scale and location near Arlington National Cemetery.
Delhi experienced heavy monsoon rains in the early hours of Thursday, bringing relief from humid weather. The IMD issued an 'orange' alert, forecasting more rainfall and leading to waterlogging in several areas.
A stone struck and damaged a window of the Shatabdi Express near Firozabad while RSS chief Mohan Bhagwat was traveling on the train. No injuries were reported, and an investigation is underway.
Former BJP Tamil Nadu president K Annamalai will interact on social media on Friday, fueling speculation he may launch a new political party. He has been in Delhi meeting senior BJP leaders, reportedly to convey his decision to quit the party.
Homeownership costs are rising across India's National Capital Region (NCR). Noida's prices are surging due to a new airport, Gurugram has seen 15-75% increases in circle rates, and Delhi is proposing major revisions to align official rates with market values.
