Chinese commercial property developer Dalian Wanda Group's dollar bonds fell further on Monday, as investors remained concerned about prospects for its unit's Hong Kong listing and its impact on the ...
China Wanda’s bonds lose more on concerns about unit’s IPO, liquidity
Chinese commercial property developer Dalian Wanda Group's dollar bonds fell further on Monday, as investors remained wary about the progress of its unit's Hong Kong listing and about the impact on ...
Hong Kong stocks slip on sluggish corporate earnings recovery while HSBC suffers amid Ping An pressure
Analysts have been cutting their earnings estimates on Asian companies; pressure has intensified since mid-March HSBC continues to be pressured by key investor Ping An Insurance to revamp and list its ...
HSBC Activist Investor Lobbies Shareholders Ahead of Meeting
An HSBC Holdings Plc shareholder in Hong Kong is lobbying institutional shareholders to vote in favor of a proposal to restructure the lender’s business at its annual general meeting on May 5.
EXPLAINER: Can China’s new offshore listing rules revive Hong kong’s IPO scene?
After a prolonged period of draconian anti-pandemic curbs and regulatory crackdowns whipsawed China’s capital markets, the world’s second-largest economy is pulling out all the stops to calm market ...
IPO market shows signs of becoming good again
The global market for initial public offerings (IPOs) is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in ...
Amp up HK’s finance in tandem with mainland
Despite the COVID-19 pandemic and geopolitical situation that have led to global supply chain disruptions, as well as high inflation, interest rate hikes and tightened monetary conditions, the Hong ...
Morgan Stanley says HSBC is a ‘top pick’ despite the bank’s shareholder troubles
HSBC, the largest bank in Europe, faces pressure from its biggest shareholder to restructure its business. But Morgan Stanley is sticking to its bullish stance.
HSBC faces more shareholder pressure as Pirc urges investors to vote against re-election of Noel Quinn
HSBC faces yet more trouble at its upcoming AGM as shareholder advisory firm Pirc urges shareholders to vote against the re-election of chair Noel Quinn, according to a report in the Mail on Sunday.
IPO market shows signs of life even as recession fears persist
The global market for initial public offerings is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia. But ...
HK-listed firms rush to launch yuan counter; move to cement city’s int’l financial hub status
Hong Kong stayed in the fourth place out of 120 assessed financial centers in the Global Financial Centres Index Report published on March 24, 2023, showcasing the financial competitiveness of the ...
Hong Kong Premier League: Lee Man thrash Sham Shui Po to take title race down to wire, will face Kitchee in decider
League race will go down to final game of the season on May 7, when Lee Man take on Kitchee Goals from Everton Camargo, Jose Alonso, Jonatan Acosta and Givanilton Ferreira settle matters after ...
ING Sues ICBC For Copper Deal Losses, Seeks $170m in Damages: FT
Dutch bank ING is suing China’s largest bank for losses sustained in a batch of copper deals and seeking $170 million in damages, the Financial Times reported.
The IPO market is coming back to life, 70% of action this year in Asia
The global market for initial public offerings is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia. But ...