Techcombank, the Vietnamese lender backed by Warburg Pincus, is setting a fresh record with its initial public offering.The bank and some existing investors are set to raise about 21 trillion dong ($922 million) in the deal, which would become the country’s biggest-ever initial equity offering, people with knowledge of the matter said Monday.

The Southeast Asian region, like every other part of the globe has had a tempestuous year in 2017 with many hurdles thrown its way. From the ongoing humanitarian crisis in Myanmar’s Rakhine State to Duterte’s war on drugs, it is undeniable that the region is still finding its footing on rights and democracy.While these issues may or may not see a resolution in 2018, there are other things that the Association of Southeast Asian Nations (ASEAN) bloc can look out for.

Hong Kong is eroding Singapore’s home advantage. 14 companies based in the Southeast Asian city have chosen to list on their home stock market this year, compared with 13 on the bourse operated by Hong Kong Exchanges & Clearing Limited, according to data compiled by Bloomberg.It’s not all bad news for the Lion City: Singapore Exchange Ltd. beats HKEX in funds raised from the initial public offerings.

A well-timed decision more than a decade ago to abandon coal in time for Thailand’s natural-gas boom is poised to make Sarath Ratanavadi the newest billionaire in Southeast Asia’s second-largest economy.Based on the low end of the pricing range for his Gulf Energy Development Pcl’s initial public offering this week, Sarath has a net worth of 1.9 billion dollars, according to the Bloomberg Billionaires Index.

Razer Inc. climbed on its first day of trading as the maker of computer accessories for gamers became the second technology stock in a week to jump in its Hong Kong debut.The stock rose to as high as HK$5.49, 41 percent above the $HK3.88 price of its initial public offering. The San Francisco and Singapore-based company raised HK$4.1 billion ($530 million) in the IPO.

Sea Ltd. shares fell for the third day in a row and dropped below their initial public offering price, a rocky start as a public company for the Singapore games startup.Sea’s stock slipped 9.9 percent in New York trading Wednesday to close at 13.73 dollars.

Singapore’s Sea plans to price shares at 15 dollars in its initial public offering and raise more than 850 million dollars, according to people familiar with the matter.The total amount may be more than one billion dollars if an option to sell additional shares is exercised, said one of the people, asking not to be identified because the matter is private.

An IPO, or initial public offering, offers a chance to make big money quickly by getting in on the ground floor of the next new Google or Facebook. An ICO, or initial coin offering, offers a chance to make big money quickly by getting in on the next new money. It’s a formula that’s led to over two billion dollars being raised so far this year for a range of startups issuing digital tokens, a faster pace than any other early-stage venture capital funding.