The rumors are really gathering steam. In recent months, it's been speculated that the mainland-based internet giant Alibaba Group (NYSE: BABA) has been considering an initial public offering (IPO ... ( read original story ...)
Hong Kong’s business community shaken as China tightens its grip
including global bank HSBC. Escalating unrest over a controversial extradition bill, which would allow people to be sent to mainland China for trial, grabbed global headlines and clouded Hong Kong’s ... ( read original story ...)
Budweiser maker eyes $10 billion Hong Kong IPO
The world’s largest brewer has been working to reduce a debt pile of over $100 billion following the purchase of rival SABMiller in late 2016. Banks scramble to re-pitch for Aramco IPO roles AB InBev ... ( read original story ...)
Hong Kong’s IPO Pipeline ‘Very Strong,’ PwC’s Wong Says
Jul.02 -- Benson Wong, regional lead of entrepreneurial and private business at PricewaterhouseCoopers, talks about the prospects for initial public offerings in Hong Kong. He speaks on "Bloomberg ... ( read original story ...)
Hong Kong protests, Beijing’s tightening grip rattle business community
HONG KONG (Reuters) - Chaotic scenes of protesters ... home to the offices of some of the world’s biggest companies, including global bank HSBC. Escalating unrest over a controversial ... ( read original story ...)
Hong Kong’s $300 Billion Rally Shows It’s Not Time to Panic Yet
(Bloomberg) -- For investors, bankers and companies with long enough time horizons, betting on Hong Kong’s resilience in the face of crises has been a winning proposition. From Asia’s financial ... ( read original story ...)
How the Academy of Finance can boost HK soft power
If anything, we should be bolstering these sorts of activities. The best example of this is our financial services industry. It is one of Hong Kong’s major strengths, and we should be focused on ... ( read original story ...)
AB InBev seeks $9.8 billion for Asia stake in world’s largest 2019 IPO
The deal will be a welcome boost to Hong Kong, which is lagging behind the New York Stock Exchange and Nasdaq in terms of IPOs this year, with $8.9 billion to its credit compared with $14.9 ... ( read original story ...)
Budweiser, Stella maker eyes $10 billion Hong Kong IPO
The firm is looking to pivot to Asia as the beer business struggles in other parts of the world. HONG KONG: The company that makes Stella Artois and Budweiser hopes to raise almost $10 billion by ... ( read original story ...)
AB InBev Asia Unit Seeks $9.8 Billion in Biggest IPO This Year
(Bloomberg) -- Budweiser Brewing Company APAC Ltd., the Asia Pacific unit of Anheuser-Busch InBev SA, kicked off its proposed Hong Kong initial public offering that could raise as much as $9.8 billion ... ( read original story ...)
AB InBev Asia Unit Tops Uber With $9.8 Billion Hong Kong IPO
(Bloomberg) -- Anheuser-Busch InBev NV kicked off the year’s biggest initial public offering, a sale of shares in its Asia Pacific unit that could raise as much as $9.8 billion and top Uber ... ( read original story ...)
AB InBev aims to raise up to $9.8-billion for Asian unit in biggest IPO of 2019
The IPO pricing values Budweiser Asia at 16-18 times its enterprise ... The deal will be a welcome boost to Hong Kong, which is lagging behind the New York Stock Exchange and Nasdaq in terms of IPOs ... ( read original story ...)
Hong Kong’s dollar strengthens toward higher end of trading band against US dollar as interbank rate rises
That’s killing the Hong Kong dollar carry trade by making money more expensive in the city. Rates are likely to remain elevated in July, according to Carie Li, an economist at OCBC Wing Hang Bank. ... ( read original story ...)
Analyzing Bank of Montreal (NYSE:BMO) and Boc Hong Kong (NYSE:BHKLY)
42.1% of Bank of Montreal shares are owned by institutional investors. Comparatively, 0.1% of Boc Hong Kong shares are owned by institutional investors. 1.0% of Bank of Montreal shares are owned by ... ( read original story ...)