FINWIRES · TerminalLIVE
FINWIRES

Update: Market Chatter: TCC Leaning Toward London Listing For European Unit IPO

By

(Updates fourth paragraph to note that TCC declined to comment)

Taiwan's TCC Group (TPE:1101) is assessing London as a possible venue for the planned listing of its European business, Bloomberg News reported Tuesday, citing people familiar with the matter.

The company is said to be increasingly favoring the UK capital over other exchanges previously under consideration, although no final decision has been reached, according to the report.

TCC said it is evaluating the feasibility of floating its European operations on a recognized European stock exchange, with the London Stock Exchange among the options. It added that any decision on the listing venue will require approval from its board, the news outlet said.

Responding to' inquiry, TCC declined to comment, directing inquiries instead to the company's official announcements for updates.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Related Articles

Asia

India's Market Regulator Eyes Depository Receipt Framework for REITs, Public InvITs

India's market regulator has proposed allowing real estate investment trusts (REITs) and publicly listed infrastructure investment trusts (InvITs) to issue depository receipts, according to a consultation paper published on Tuesday.The Securities and Exchange Board of India (SEBI) is proposing an enabling framework for the issuance of depository receipts backed by units of REITs and publicly listed InvITs.The regulator said the instruments would allow foreign investors to trade the securities in foreign currency on permitted international exchanges.SEBI proposed amending the REIT and InvIT regulations to permit such issuances and plans to introduce a detailed framework through a separate circular.Public comments on the consultation paper are invited until Aug. 25.

^BSENifty 50
Asia

Sharetronic Data Technology Adds 150 Million Yuan in Related Party Deals

Sharetronic Data Technology (SHE:300857) said its board approved 150 million yuan in new 2026 related-party transactions with Cheng Uei Precision for Internet of Things smart terminal product sales.This raised the annual total to 350 million yuan, according to a Wednesday filing with the Shenzhen bourse.Shares of the wireless telecommunication equipment manufacturer rose 6% in recent trade.

SHE:300857
Asia

Helens International Forecasts Lower Net Profit in H1

Helens International (SGX:HLS, HKG:9869) expects to book a net profit of up to 16 million yuan, compared with an adjusted net profit of 50.3 million yuan a year earlier.Meanwhile, the company expects a revenue of up to 260 million yuan in the first half of the year, compared to 291.2 million yuan a year earlier, according to a Tuesday filing with the Singapore Exchange.The decrease in revenue is mainly due to a decline in the number of self-operated bars during the period.

HKG:9869SGX:HLS