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Tag: ipo

Posted on 13/07/2019

AB InBev Asia delays pricing world’s largest IPO this year: sources

(ABI.BR), will not price its Hong Kong IPO of up to $9.8 billion by Friday as planned, two people with knowledge of the matter said. Budweiser APAC, whose portfolio of more than 50 beer brands ... ( read original story ...)

Posted on 12/07/2019

Hong Kong protests augur murky outlook for financial hub

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 ...)

Posted on 12/07/2019

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 ...)

Posted on 12/07/2019

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 ...)

Posted on 12/07/2019

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 ...)

Posted on 12/07/2019

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 ...)

Posted on 12/07/2019

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 ...)

Posted on 12/07/2019

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 ...)

Posted on 12/07/2019

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 ...)

Posted on 12/07/2019

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 ...)

Posted on 12/07/2019

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 ...)

Posted on 11/07/2019

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 ...)

Posted on 11/07/2019

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 ...)

Posted on 11/07/2019

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 ...)

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