HONG KONG — It's still the world's "freest" economy, one of the biggest global financial centres and a scenic haven for tycoons and tourists, but the waves of protests rocking Hong Kong are exposing ... ( read original story ...)
In Hong Kong, laid-off expat bankers struggle to find new jobs
After Deutsche Bank AG announced plans for wide-ranging cuts this week, many employees worldwide are facing the challenge of job-hunting in a shrinking market. For foreign staff losing positions in ... ( read original story ...)
Don’t capitalise on Hong Kong extradition bill crisis to woo clients, Singapore tells banks
The central bank told bankers it wanted to ensure wealth managers in Singapore were sensitive to the situation in Hong Kong and did not design campaigns specifically targeting business from the city, ... ( read original story ...)
Budweiser’s Hong Kong IPO pricing is reportedly getting delayed
Budweiser Brewing Company APAC, the Asia-Pacific business of Anheuser-Busch InBev, will not price its initial public offering by Friday as planned, two people with knowledge of the matter told Reuters ... ( read original story ...)
AB InBev Asia Unit Struggles to Price Hong Kong IPO
(Bloomberg) -- Budweiser Brewing Company APAC Ltd., the Asia Pacific unit of Anheuser-Busch InBev NV, is struggling to price its Hong Kong initial public offering that could raise as much as $9.8 ... ( read original story ...)
Exclusive: Singapore cautions wealth managers on aggressively courting HK business
The central bank told bankers it wanted to ensure wealth managers in Singapore were sensitive to the situation in Hong Kong and did not design campaigns specifically targeting business from Hong Kong, ... ( read original story ...)
Singapore cautions wealth managers against aggressively courting Hong Kong business
"The message was that we shouldn't be taking undue advantage of what's going on in Hong Kong," a senior banking source said on condition of anonymity. Singapore has cautioned wealth managers against ... ( read original story ...)
Two Hong Kong banks cut valuation of used homes as civic unrest threatens to knock property bull run off its footing
HSBC and Bank of China (Hong Kong) have cut valuations for used homes in New Territories and Kowloon by up to 3.6 per cent, according to data on their websites The move, the first since valuations ... ( read original story ...)
Budweiser’s mega IPO gets cool response from Hong Kong investors as high borrowing costs take the fizz out of demand
The retail offering for the world’s biggest IPO of the year is estimated to be 3.7 to 5 times oversubscribed, far below earlier forecasts of 10 to 15 times Demand was crimped by high interest rates ... ( read original story ...)
Laid-Off Expat Bankers Struggle to Find New Jobs in Hong Kong
After Deutsche Bank AG announced plans for wide-ranging cuts this week, many employees worldwide are facing the challenge of job-hunting in a shrinking market. For foreign staff losing positions in ... ( read original story ...)
Hong Kong stocks rise after Fed chief’s rate-cut signals
Analysts say the Chinese central bank could ... 1.1 billion Hang Seng index shares were traded. The volume traded in the previous trading session was 1.04 billion. ** At close, China’s A-shares were ... ( read original story ...)
Budweiser’s mega IPO falls flat with Hong Kong investors as high borrowing costs take the fizz out of demand
The retail offering for the world’s biggest IPO of the year is estimated to be 3.7 to 5 times oversubscribed, far below earlier forecasts of 10 to 15 times Demand was crimped by high interest rates ... ( read original story ...)
AB InBev Asia Unit Guides H.K IPO Pricing Toward Low End
(Bloomberg) -- Budweiser Brewing Company APAC Ltd., the Asia Pacific unit of Anheuser-Busch InBev NV, is guiding potential investors that it could price its $9.8 billion Hong Kong initial public ... ( read original story ...)
AB InBev Asia Unit Guides Hong Kong IPO Pricing Toward Bottom
Budweiser Brewing Company APAC Ltd., the Asia Pacific unit of Anheuser-Busch InBev NV, is guiding potential investors that it could price its $9.8 billion Hong Kong initial public offering toward the ... ( read original story ...)