Bloomberg Shenzhen Transsion Holdings Co, a Chinese handset maker largely unknown outside of Africa, has priced its initial public offering at double the valuation of Apple Inc. Transsion, whose mobile handsets outsell iPhone and Galaxy smartphones in Africa, is going public on Shanghai’s Nasdaq-style Star Board, setting its IPO at 35.15 yuan a share, implying a trailing earnings multiple of ...

Bloomberg Blackstone-backed real estate investment trust’s successful India trading debut has left global funds including Japan’s NikkoAM-StraitsTrading Asia wanting a piece of the action. Eastspring Investments, North Carolina Fund, and Sentry Global are among names looking to invest in the instrument that bets on India’s rent-yielding real estate, said Shobhit Agarwal, managing director of Anarock Property Consultants Ltd. Blackstone Group ...

Bloomberg Huawei Technologies Co is making a Hail Mary bid to undo a US law that prohibits federal agencies and contractors from buying or using the Chinese telecom giant’s equipment because of the alleged risk of “cyber exploitation” by China. Lawyers for Huawei were due in federal court to convince a judge that the law is an unconstitutional attempt by ...