Kyle Bass Is Wrong on Hong Kong’s Peg, Too

The Hong Kong Monetary Authority has spent 80% of its reserves over the past year defending the peg, he said in an investor letter on the city’s “impending crisis.” That prompted a riposte from the de ... ( read original story ...)

Mulsanne Prices Hong Kong IPO Below Marketed Range

Mulsanne Group Holding Ltd. priced its Hong Kong initial public offering below an indicative range, the first deal to do so since the city’s stock exchange amended rules to allow pricing flexibility ... ( read original story ...)