Bloomberg India’s ambition to build up its defense industry through a $250 billion program has sent shares of a state-owned metalmaker rocketing just days after a lukewarm trading debut. Mishra Dhatu Nigam Ltd., which makes specialty steel and is the country’s only producer of titanium alloys used in aerospace, has seen its market value surge 88 percent to 32 billion ...

Bloomberg Chinese online healthcare platform Ping An Good Doctor, a unit of the country’s biggest insurer by market value, will start taking investors’ orders for a Hong Kong initial public offering that could raise as much as HK$8.8 billion ($1.1 billion). The Ping An Insurance (Group) Co. subsidiary is offering about 160 million shares at HK$50.80 to HK$54.80 apiece, according ...

Bloomberg When China released its key economic indicators, the statistics agency was quick to highlight how the country’s domestic consumption had propelled growth in the first quarter, offsetting external risks as trade tensions escalate. Yet for the country’s publicly listed companies, foreign business has never been so important. The percentage of sales that mainland-listed companies get outside their home country ...