During the Occupy movement’s pro-democracy protests towards the end of 2014, the Hang Seng held steady, and has even risen 5.5 per cent since the first of several anti-extradition bill demonstrations ... ( read original story ...)
HK unrest has rich investors eyeing wealth hubs like S’pore
said the Hong Kong-based chief executive officer for Asia at another private bank. He said the level of interest reduced after the initial panic as people realised they have time to shift their assets ... ( read original story ...)
Goldman banker highlights Morgan Stanley’s Hong Kong IPO woes
HONG KONG (Reuters) - A senior Goldman Sachs (GS.N) banker has highlighted to colleagues the role played by rival Morgan Stanley (MS.N) in failed Hong Kong IPOs following the collapse on Friday of ... ( read original story ...)
Hold the beers: Budweiser APAC IPO fail shows valuations face investor push-back
HONG KONG/NEW YORK/LONDON/BRUSSELS (Reuters) - Reluctance to accept AB InBev’s high valuations doomed Budweiser APAC’s IPO of up to $9.8 billion - poised to be the world’s biggest this year ... ( read original story ...)
Hong Kong shares end higher on upbeat China data
Hong Kong shares rose on Monday after China’s ... At the close of trade, the Hang Seng index was up 83.26 points, or 0.29%, at 28,554.88. The Hang Seng China Enterprises index rose 0.47% to ... ( read original story ...)
AB InBev’s Shelved Listing Cuts Hong Kong IPO Volume in Half
(Bloomberg) -- Anheuser-Busch InBev NV’s decision to suspend what was slated to be the year’s largest initial public offering leaves Hong Kong’s stock exchange with half the IPO volume that ... ( read original story ...)
HK protesters march, withdraw money from Bank of China
(MENAFN - Asia Times) Hong Kong protesters on Saturday continued through different means to oppose the controversial extradition legislation, despite Chief Executive Carrie Lam Cheng Yuet-ngor's ... ( read original story ...)
AB InBev Asia cancels world’s largest IPO of 2019
Anheuser-Busch InBev said on Friday it will not proceed with the initial public offering of its Asia Pacific unit, Budweiser Brewing Company APAC Ltd., on the Hong Kong Stock Exchange. The company ... ( read original story ...)
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 ...)
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 ...)
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 ...)