Didi Global successfully navigated China's regulatory thicket for years, but the ride-hailing giant's 200-plus government affairs team's reliance on personal contacts with officials left it partly ... ( read original story ...)
India’s Zomato raises $1.26 billion in IPO – sources
Indian food delivery startup Zomato Ltd ` will raise $1.26 billion by pricing its shares at 76 rupees each in its initial public offering, according to two sources with direct knowledge of the matter. ( read original story ...)
Hong Kong shares end lower as virus surge hits risk appetite
Hang Seng index ends down 0.84% China Enterprises index HSCE falls 0.94% Property sector down 1.1%; financial sector falls 0.8% ... ( read original story ...)
Hong Kong’s first trial under national security hears closing arguments
The trial of the first person charged under Hong Kong's national security law is set to wrap up on Tuesday, with the defendant denied bail and a jury in a landmark case that critics say is a departure ... ( read original story ...)
Hong Kong stocks slip as virus fears shake global markets while China dents hopes for policy easing
Growing cases of Covid-19 is fanning a flight to safety among stock traders while China keeps its key rates unchanged, denting hopes for an easing to re-energise its faltering economic rebound. ( read original story ...)
New Hong Kong mortgage broker AAHorses to give clients bigger cut of commission in hunt for market share
The brokerage last week forecast that Hong Kong’s mortgage loan drawn down would climb to ... formed partnerships with three banks including Industrial and Commercial Bank of China (Asia). AAHorses ... ( read original story ...)
Asian Stocks Down as COVID-19 Worries Linger, China Keeps LPR Unchanged
Asia Pacific stocks were mostly down on Tuesday morning, continuing their losses from a day earlier. A global stocks selloff continues as concerns about COVID-19 outbreaks involving the Delta strain ... ( read original story ...)
Former Hong Kong stock exchange boss Charles Li joins US-listed bond trading platform MarketAxess as non-executive director
Li has joined New York-based MarketAxess as a non-executive director in his first corporate role since stepping down as the highest paid regulator in Hong Kong in December. ( read original story ...)
China Evergrande Weighing Hong Kong IPO for Bottled Water Unit
China Evergrande Group is considering an initial public offering in Hong Kong for its bottled water business, people with knowledge of the matter said, as the country’s most indebted real estate ... ( read original story ...)
Hong Kong shares fall as regulatory clampdown hits tech firms
Hong Kong's benchmark Hang Seng index fell on Monday as fresh investor concerns over a regulatory clampdown hobbled shares of China's tech giants, and as global concerns over inflation and a surge in ... ( read original story ...)
Instant Message Alert – Phishing instant messages related to Bank of China (Hong Kong) Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Bank of China (Hong Kong) Limited relating to phishing instant messages, which has been ... ( read original story ...)
Tillman Gerngross is betting well over $500M that the pandemic will never really end. Here’s the IPO pitch
Tillman Gerngross doesn’t waffle. The longtime Dartmouth professor and Adimab founder tends to pick a course and drive straight for the goal. If he sees a big, ugly nail, he’ll start to design a ... ( read original story ...)
Bukalapak Poised to Raise $1.5 Billion in Landmark IPO
Online mall Bukalapak is set to raise about 22 trillion Indonesian rupiah ($1.5 billion) in the country’s largest-ever initial public offering that presages a wave of domestic tech listings, according ... ( read original story ...)
Wealth Management Connect: lenders vying for US$700 million a year in fees in Greater Bay Area, Bank of China executive says
Wealth Management Connect is the banking sector’s ‘next big driving force’ for fee-based income, says Bank of China Hong Kong executive Arnold Chow. ( read original story ...)