Money Forward Launches $500M IPO, Gets Investors Excited

Although becoming the first fintech company to launch an IPO in Tokyo, Money Forward is not the only Asian fintech startup to go public lately. Last week, a Chinese insurance platform, ZhongAn Online P&C Insurance, debuted on Hong Kong stock exchange ... ( read original story ...)

More for China than London in Russian hydro IPO

on Oct. 5 announced its intention to conduct an initial public offering on the London Stock Exchange and the Moscow Exchange. En+ owns assets in metals and energy, including a 48 percent stake in Hong Kong-listed Russian aluminium producer Rusal ... ( read original story ...)

How McKinsey and Trillian milked billions from SA Inc

McKinsey would not confirm Essa and Moodley had brokered its ... who by then had also registered a company in Hong Kong called Regiments Asia. Once again, Nyhonyha and Pillay said before being alerted by the media they had no idea that Regiments had ... ( read original story ...)

Yum China Announces CEO Succession Plan

Before joining Watson, Ms. Wat spent seven years in management consulting, including with McKinsey & Company's Hong Kong office from 2000 to 2003. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of ... ( read original story ...)

Higher Open Called For Hong Kong Stock Market

gained 0.17 percent and BOC Hong Kong was unchanged. The lead from Wall Street is positive as stocks moved higher on Thursday as the major averages again hit fresh record closing highs. The Dow rose 113.75 points or 0.50 percent to 22,775.39, while the ... ( read original story ...)

Hang Seng, Nikkei reach multi-year highs as Asian stocks rise

Meanwhile, Japan’s Topix bank subindex was up 1.3%. The U.S. rate outlook is important for Asian financial companies as their margins have been under pressure in the current low-rate environment. Meanwhile, Hong Kong’s Hang Seng Index HSI, +0.39% ... ( read original story ...)

City’s financial press fails to deliver the expected value

When the market is good, every media boss in Hong Kong is thinking of expanding financial coverage. It's really the cheapest and least demanding thing to do for a television station or a newspaper. And so, every morning, most of the television channels ... ( read original story ...)

Hong Kong’s Hang Seng index hits post-financial crisis high

Hong Kong’s Hang Seng index hit its highest point since the global financial crisis on Friday, bolstered by a continued rally in Chinese corporates. From November 2007 to late 2008 the market lost about two-thirds of its value. Since bottoming out in ... ( read original story ...)