Budweiser Brewing Company APAC, the Asia-Pacific business of Anheuser-Busch InBev, will not price its initial public offering by Friday as planned, two people with knowledge of the matter told Reuters ... ( read original story ...)
AB InBev Asia Unit Struggles to Price Hong Kong IPO
(Bloomberg) -- Budweiser Brewing Company APAC Ltd., the Asia Pacific unit of Anheuser-Busch InBev NV, is struggling to price its Hong Kong initial public offering that could raise as much as $9.8 ... ( read original story ...)
Hong Kong protesters march with mock coffin of city leader
HONG KONG -- A small group of protesters paraded Friday around Hong Kong government headquarters with a mock coffin of city leader Carrie Lam, as activists announced more protests. The march marked ... ( read original story ...)
Exclusive: Singapore cautions wealth managers on aggressively courting HK business
The central bank told bankers it wanted to ensure wealth managers in Singapore were sensitive to the situation in Hong Kong and did not design campaigns specifically targeting business from Hong Kong, ... ( read original story ...)
Singapore cautions wealth managers against aggressively courting Hong Kong business
"The message was that we shouldn't be taking undue advantage of what's going on in Hong Kong," a senior banking source said on condition of anonymity. Singapore has cautioned wealth managers against ... ( read original story ...)
Hong Kong mock leader Carrie Lam by marching a coffin around government building
A small group of protesters has paraded around Hong Kong government headquarters with a mock coffin of city leader Carrie Lam. The march on Friday marks the one-month anniversary of the start of major ... ( read original story ...)
Two Hong Kong banks cut valuation of used homes as civic unrest threatens to knock property bull run off its footing
HSBC and Bank of China (Hong Kong) have cut valuations for used homes in New Territories and Kowloon by up to 3.6 per cent, according to data on their websites The move, the first since valuations ... ( read original story ...)
Why Hong Kong’s ‘dead’ extradition bill is still bad for business
The leader of Hong Kong, Carrie Lam, said this week that a controversial extradition bill was "dead". The comments provided much relief for businesses concerned about the fall-out from proposed ... ( read original story ...)
Parents, friends remember Hong Kong protester ‘Raincoat Man’ who died fighting extradition law
HONG KONG — The parents of a Hong Kong man who plunged to his death after putting up banners against divisive extradition legislation urged young people on Thursday to stay alive to continue their ... ( read original story ...)
Business leaders discuss future of start-ups at Hong Kong tech conference
HONG KONG,: RISE Tech Conference 2019, one of the largest technology meetings in Asia, ended here Thursday, as over 350 speakers discussed topics related to the development of innovation and ... ( read original story ...)
Budweiser’s mega IPO gets cool response from Hong Kong investors as high borrowing costs take the fizz out of demand
The retail offering for the world’s biggest IPO of the year is estimated to be 3.7 to 5 times oversubscribed, far below earlier forecasts of 10 to 15 times Demand was crimped by high interest rates ... ( read original story ...)
Laid-Off Expat Bankers Struggle to Find New Jobs in Hong Kong
After Deutsche Bank AG announced plans for wide-ranging cuts this week, many employees worldwide are facing the challenge of job-hunting in a shrinking market. For foreign staff losing positions in ... ( read original story ...)
Hong Kong’s propaganda battle is playing out in the media — and in cyberspace
With the exception of just one mass-market newspaper, Apple Daily, and a few digital outlets, Hong Kong’s newspapers and television stations are under mainland ownership or controlled by conglomerates ... ( read original story ...)
Hong Kong Science Park Present Strong Delegation of Hong Kong Innovations at the Largest Technology Conference in Asia
HONG KONG — Hong Kong Science and Technology Parks ... create new or enhanced business processes and models. These technologies help to address challenges faced in many sectors of the economy ... ( read original story ...)