Fosun Tourism Raises $426 Million in Hong Kong IPO

Fosun Tourism Group, a unit of billionaire Guo Guangchang’s drugs-to-insurance conglomerate, raised HK$3.34 billion ($426 million) after pricing its Hong Kong initial public offering at the bottom of ... ( read original story ...)

Futures on Rise Wednesday ahead of BoC Decision

while in Hong Kong, the Hang Seng index tumbled 1.6% Oil prices gained $1.02 to $53.97 U.S. a barrel. Gold prices added $5.50 to $1,245.10 U.S. an ounce. On Wednesday, U.S. equity, option and fixed in... ( read original story ...)

Hong Kong: an experiment under strain

... Chan and the FT's Victor Mallet at the FCC in Hong Kong © AFP But the Hong Kong government’s decision to in effect expel Victor Mallet, the Asia news editor for the Financial Times, has finally pu... ( read original story ...)