Tybourne Capital Management is shutting its $2.8 billion hedge fund, retreating from bearish bets that have become increasingly difficult to make money from, said people with knowledge of the ... ( read original story ...)
Companies Caught in Middle of China-U.S. Spat Retreat to Hong Kong
Hello, it’s Manuel here in Hong Kong—welcome to the Bloomberg Deals newsletter. Today I’m recapping the problems for firms that want to sell shares to both U.S. and Chinese investors. There’s also ... ( read original story ...)
Mainland, Hong Kong remain the most active regions in the world for IPOs in 2021: report
The Chinese mainland and Hong Kong Special Administrative Region remained the most active regions in the world for IPOs in 2021, accounting for 25 percent and 28 percent of the world’s total by the ... ( read original story ...)
Pharma and Tech Listings Run the Gamut on Hong Kong Stock Exchange
Kirkland & Ellis, Davis Polk, O’Melveny, Baker & McKenzie and the Magic Circles all have a part to play is closing up the year for Hong Kong listings. ( read original story ...)
Gymshark To Open First Brick-And-Mortar Store As CEO Downplays IPO
Athleisure and fitness brand Gymshark is to launch its first ever bricks-and-mortar store on Regent Street, London in a bold move by a company less than 10 years old. ( read original story ...)
Flagship Store ‘Game Changer’ But CEO Plays Down Gymshark IPO
Athleisure and fitness brand Gymshark is to launch its first ever bricks-and-mortar store on Regent Street, London in a bold move by a company less than 10 years old. ( read original story ...)
Hong Kong shares lead losses as investors digest Chinese economic data; biotech firm BeiGene debuts in Shanghai
Asia-Pacific markets were mostly down Wednesday, with Chinese markets declining as investors digested key Chinese economic data. Meanwhile, Chinese biotech firm BeiGene made its debut in Shanghai. ( read original story ...)
China was already facing an economic slowdown in 2022. Now here comes Omicron
China's economy is still struggling with real estate woes and fallout from sporadic Covid-19 lockdowns. Throw the global spread of the Omicron variant into the mix and it could be looking at a sharp ... ( read original story ...)
Hong Kong: HK, Qianhai hold financial seminar
Secretary for Financial Services & the Treasury Christopher Hui today attended the Hong Kong-Qianhai Financial Cooperation Seminar by video conferencing. Jointly held by the Financial Services & the ... ( read original story ...)
Stocks mixed in Asia as global markets shift attention to U.S. central-bank policy meeting
Stocks were mixed in Asia on Wednesday after new U.S. data showed inflation is still running high, putting a spotlight on what action the Federal ... ( read original story ...)
China bluechips fall as consumer staples weigh; Hong Kong gains
Chinese blue-chip shares declined on Wednesday, as resurgent COVID-19 cases weighed on the consumer sector, while Shanghai stocks edged higher, lifted by construction-related companies. ( read original story ...)
Massive Fire Breaks Out at Hong Kong’s World Trade Centre; Rescue Operation On with Over 350 Trapped
The fire broke out in an electrical switch room before ripping through the scaffolding of the building, which houses both offices and a shopping center. ( read original story ...)
CX Daily: AI Specialist SenseTime Delays Hong Kong IPO After U.S. Blacklisting
AI / AI specialist SenseTime delays Hong Kong IPO after U.S. blacklisting. Chinese artificial intelligence specialist SenseTime Group Inc. said it would postpone its Hong Kong IPO ... ( read original story ...)
HSBC puts pressure on clients to get out of coal
HSBC, Europe’s leading banker to corporate Asia, has set out its policy on financing thermal coal and said it expects all its clients to have a plan to abando ... ( read original story ...)