Tag: finance

(Bloomberg) -- For investors, bankers and companies with long enough time horizons, betting on Hong Kong’s resilience in the face of crises has been a winning proposition. From Asia’s financial ... ( read original story ...)

If anything, we should be bolstering these sorts of activities. The best example of this is our financial services industry. It is one of Hong Kong’s major strengths, and we should be focused on ... ( read original story ...)

The deal will be a welcome boost to Hong Kong, which is lagging behind the New York Stock Exchange and Nasdaq in terms of IPOs this year, with $8.9 billion to its credit compared with $14.9 ... ( read original story ...)

The firm is looking to pivot to Asia as the beer business struggles in other parts of the world. HONG KONG: The company that makes Stella Artois and Budweiser hopes to raise almost $10 billion by ... ( read original story ...)

(Bloomberg) -- Budweiser Brewing Company APAC Ltd., the Asia Pacific unit of Anheuser-Busch InBev SA, kicked off its proposed Hong Kong initial public offering that could raise as much as $9.8 billion ... ( read original story ...)

(Bloomberg) -- Anheuser-Busch InBev NV kicked off the year’s biggest initial public offering, a sale of shares in its Asia Pacific unit that could raise as much as $9.8 billion and top Uber ... ( read original story ...)

The IPO pricing values Budweiser Asia at 16-18 times its enterprise ... The deal will be a welcome boost to Hong Kong, which is lagging behind the New York Stock Exchange and Nasdaq in terms of IPOs ... ( read original story ...)

That’s killing the Hong Kong dollar carry trade by making money more expensive in the city. Rates are likely to remain elevated in July, according to Carie Li, an economist at OCBC Wing Hang Bank. ... ( read original story ...)

42.1% of Bank of Montreal shares are owned by institutional investors. Comparatively, 0.1% of Boc Hong Kong shares are owned by institutional investors. 1.0% of Bank of Montreal shares are owned by ... ( read original story ...)

That’s killing the Hong Kong dollar carry trade by making money more expensive in the city. Rates are likely to remain elevated in July, according to Carie Li, an economist at OCBC Wing Hang Bank Ltd. ... ( read original story ...)

One may say this is just a sign that the Hong Kong Monetary Authority is doing its job. A shrinkage in the central bank’s aggregate balance causes interbank rates to rise: This is the mechanism that ... ( read original story ...)

It all added up to a rally that pushed the Hong Kong dollar to its strongest in seven months. With interbank liquidity remaining low after the city’s de facto central bank spent billions defending the ... ( read original story ...)

BANGKOK -- Siam Commercial Bank, Thailand's largest lender by assets, has agreed to sell its life insurance business to a Hong Kong-based FWD Group Financial Services after nearly four months of ... ( read original story ...)

TOKYO/HONG KONG -- Initial public offerings in the Hong Kong market surged during the first six months of 2019, despite concerns about the city's relationship with mainland China and the outbreak ... ( read original story ...)