01/24 INNER MONGOLIA YITAI COAL: Yitai Coal 4Q coal output up 12.4%; sales down 3.2% 2012 DJ Fosun Pharmaceutical Raises $510 Million in IPO 2012 DJ Yitai Coal Raises $903 Million with Hong Kong IPO 2012 DJ Yitai Coal Secures $388 Million Cornerstone ... ( read original story ...)
Capstead Mortgage Corporation (NYSE:CMO) Set to Announce Quarterly Earnings on Wednesday
Capstead Mortgage Corporation (NYSE ... 108,783 were reported by State Bank Of America Corp De. Point72 Asia (Hong Kong) Limited reported 726 shares or 0.02% of all its holdings. Gilder Gagnon Howe Commerce Ltd Liability Co invested in 0% or 3,401 shares. ( read original story ...)
Time to cut property cartel down to size
Who says local academics are timid? A new report by two University of Hong Kong scholars has made a provocative challenge to the property cartel. Lawrence Lai Wai-chung and Chau Kwong-wing, both professors at the Department of Real Estate and Construction ... ( read original story ...)
Paths to social risk reform for the Hong Kong financial markets
The Asia-Pacific business environment is rife with social risk, manifested as human trafficking, forced labour, modern day slavery, child labour, safety and work environment issues, and other labour rights violations. In the modern business environment, a ... ( read original story ...)
Hong Kong urged to improve PE fund tax exemption
HONG KONG: Hong Kong’s Financial Services Development Council (FSDC) has proposed that the Offshore Private Equity Fund Tax Exemption should be extended to certain Hong Kong portfolio companies to boost the development of the industry. The FSDC’s ... ( read original story ...)
Scrap lawmakers’ power to raise unprepared motions, Finance Committee chair says
The pro-Beijing chairperson of the legislative committee approving Hong Kong government funding has suggested taking ... each lawmaker to raising only one unprepared motion in each Finance Committee debate. Chan’s proposal to amend meeting procedures ... ( read original story ...)
Lonely hearts seek virtual girlfriends at Hong Kong fair
Virtual reality games usually promise shoot 'em up adventures but in Hong Kong Friday lovelorn tech fans donned headsets to go on imaginary dates. The city's annual Ani-Com and Games fair sees thousands queue to try out the latest consoles or buy up comic ... ( read original story ...)
Cheung Kong Property clinches deal for German smart-meter company
HONG KONG -- Billionaire Li Ka-shing's business empire is buying a German energy management company Ista International, looking to increase its footprint in a field it sees as a stable source of revenue. A joint venture between Cheung Kong Property ... ( read original story ...)
Fortune REIT’s net property income rises 3pc to US$93m
Hong Kong’s second-half growth will slow further as consumption ... down 1.1 per cent from December, as a result of higher property valuations. Its share price rose 11 per cent during the first half to HK$9.78 per share, its closing price on Friday. ( read original story ...)
Hong Kong and Canada, surprisingly, have a lot to learn from each other
From Hong Kong to Canada for APEC meetings this week, there is a surreal and improbable sense of - so different, but so sneakily similar. Take the front page story in Toronto’s Globe and Mail reporting that Canada’s Supreme Court had quashed a ... ( read original story ...)
Millennials are paying up to $3,400 per month to live in this Hong Kong ‘Skypark’ — take a look inside
In Hong Kong, Dutch architecture firm Concrete has designed a luxury complex for millennials with that co-living model in mind. Called Skypark, the building opened in March 2017. Residents rent traditional apartments, ranging from studios to two ... ( read original story ...)
Exclusive: Saudi Aramco advisers favor London for historic IPO – sources
Reuters reported in April that China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, to act as a "cornerstone" IPO investor. Slideshow (6 Images) As well as New York and London, Hong Kong, Singapore ... ( read original story ...)
ZhongAn aims for $10bn IPO valuation in HK
ZhongAn Online Property and Casualty Insurance Co is gunning for a valuation of up to $10bn in its Hong Kong IPO as bankers tout its China new economy credentials. The insurtech company hopes to raise $1bn-$1.5bn from its debut through sponsors Credit ... ( read original story ...)
Aramco advisers favour London for IPO amid US disclosure concerns
Reuters reported in April that China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, to act as a “cornerstone” IPO investor. As well as New York and London, Hong Kong, Singapore, Tokyo, Hong Kong and ... ( read original story ...)