"The shelving is a surprise and makes us wonder if there are issues behind the scenes that we aren't aware of," one analyst said, but news that Jack Ma's family trust was selling shares likely also hurt the stock

The SoftBank Group-controlled firm trades at 45 times its 12-month forward earnings estimates, compared with investor darling Nvidia's 29.66

Arm's debut will likely encourage other tech companies to move forward with their IPOs, but it does not likely signal a return to the frothy market of 2021, market analysts say

The moves followed reports that South Korea's Star Group Industrial, which supplies magnets to VinFast and Hyundai, is investing $80 million in a new factory in Vietnam

The move is China's latest effort to enable the internationalisation of the yuan and protect its economy from capital outflows and geopolitical risks

Chip designer Arm is looking to raise $8-$10 billion on Nasdaq, setting the stage for this year's largest initial public offering

The Japanese conglomerate, whose tech portfolio has slumped in value due to an array of troubled investments, passed the psychological level of 6,000 yen on Friday

"The process of diversifying in different geographies is an excellent strategy by TSMC and so TSMC is now part of Nvidia's diversity and redundancy strategy," chief Jensen Huang said

Firms debuted at cheap prices, and jumped under new listing scheme; Shenzhen CECport Technologies, an electronic components distributor, opened 161% higher and surged 239%

At least one WeChat group with several hundred members has been formed by anxious Chinese clients of SVB seeking to safeguard their interest

Regulators are said to be probing the sharp sell-off in Adani Group companies, while also looking into trade patterns and any potential irregularities in its now-shelved share sale

Adani’s firm reportedly held extensive discussions with investment bankers and institutional investors over the weekend to attract subscriptions to the FPO