A.M. OYO to file for up to $1.2 billion-IPO next week Hospitality firm OYO is planning to raise between $1 billion to 1.2 billion through an initial public offering and is expected to file the draft ... ( read original story ...)
Singapore IPO market’s prospects brighten but no quick fix in sight
Singapore's move to launch new funds to support startups will help companies seeking IPOs, though it could take years before Singapore Exchange might become a centre for regional tech listings, ... ( read original story ...)
HSBC CEO sees market impact from Evergrande debt woes
HSBC Holdings PLC expects the debt problems involving embattled property developer China Evergrande Group to have an impact on capital markets but does not see any direct impact on the bank, its group ... ( read original story ...)
HSBC names new head of brand and brand partnerships
HSBC has appointed Grace Chan (pictured) as head of brand and brand partnerships Asia Pacific. Chan will be based out of Hong Kong, and started her with HSBC last month. Before that, she worked for ... ( read original story ...)
Hong Kong markets continue to operate smoothly: monetary authority
Hong Kong money markets continue to operate smoothly with ample liquidity in the banking system the Hong Kong Monetary Authori ... ( read original story ...)
One in Four Hong Kong and Macao Residents Now Use UnionPay Mobile Payment Services
UnionPay International ("UPI"), a leading global payment services provider, marked its third year of launching the Hong Kong and Macao version of UnionPay App. The 30 million UnionPay cards that have ... ( read original story ...)
India may let foreign investors buy up to 20% in LIC IPO- source
The Indian government is considering allowing foreign institutional investors to buy up to 20% of state-owned Life Insurance Corporation's initial public offering, a government source said on ... ( read original story ...)
Hong Kong, US hedge funds root for Luckin Coffee to overcome accounting scandal with debt restructuring pact
Not many would have given Luckin Coffee a chance to survive its accounting fraud. Yet, since falling into provisional liquidation in July 2020, the firm has opened more stores, is getting a capital ... ( read original story ...)
Hong Kong expats are up in arms about quarantine. Singapore stands to gain
By Michelle Toh, CNN Business It's been nearly two years since Norris Fong has seen his family back in his native Singapore. Now, he's had enough.The ... ( read original story ...)
What Could Stop The Hottest Thing In IPOs From Landing In Hong Kong.
Morrison & Foerster Partner and Global Chair of the Private Equity group, Marcia Ellis, is quoted in an article, “What could stop the hottest thing in IPOs from landing in Hong Kong,” published by ... ( read original story ...)
BlackRock and HSBC funds boosted Evergrande holdings as crisis loomed
Funds managed by BlackRock and HSBC added to their holdings of Evergrande bonds just months before a liquidity crisis at the Chinese property developer pushed it to the brink of default. BlackRock in ... ( read original story ...)
China stocks retreat as Evergrande seeks to delay debt repayment while Hong Kong market pauses for holiday
Stocks in mainland China retreat as Evergrande’s debt crisis stokes concerns about contagion in the financial sector in a slowing economy. Markets will be looking for signals on state intervention. ( read original story ...)
Bank of China dangles cash reward for going green with mortgages for sustainable housing
The local unit of China’s third-largest lender is teaming up with developers to reward homebuyers for choosing residential projects with green credentials. ( read original story ...)
Hong Kong Rebounds As Evergrande Outcome Awaits
Yesterday’s market action in Hong Kong was driven by the reality that four of the five largest Asia equity markets were closed (China, Japan, South Korea, and Taiwan)! ( read original story ...)