Mainland China fund venture to spur capital inflows
The mainland’s hedge fund sector has received a shot in the arm with the establishment of a Sino-foreign joint venture between Gottex Fund Management and VStone Asset Management, which is…
Rio unit eyes US$2.4b rights offer for Mongolia mine
Turquoise Hill Resources, the Rio Tinto unit that produces copper in Mongolia, may go ahead with a US$ 2.4 billion share offer after it failed to arrange funding to expand…
Hong Kong gets big boost from mainland China freeze on floats
Hong Kong, recovering from the weakest market for initial public offerings (IPOs) in almost a decade, is getting a much-needed boost from an unlikely source – the mainland’s securities watchdog.…
Tax treaty makes Hong Kong the investment key to North America
As the Canadian government seeks to revive Chinese investment in Canada, a lawyer says a new Canada-Hong Kong tax treaty due to come into effect next year could make the…
China stocks fall after party issues vague communiqué following plenum
Chinese stocks saw their steepest decline in nearly two months after a key Communist Party meeting failed to deliver bold and detailed reform plans to sustain the growth of the…
Dairy firm readies IPO as sentiment improves
YuanShengTai Dairy Farm, a Heilongjiang-based producer of raw milk, has started a one-week bookbuilding campaign for its up to US$ 500 million Hong Kong float on the back of positive…
Huishang debut lifts hopes for Everbright
Huishang Bank fended off negative sentiment towards city commercial lenders with a positive debut yesterday, finishing up 2 per cent and strengthening investor confidence in a series of upcoming bank…
Mainland financial firms lining up for Hong Kong IPO watch as second Chinese bank makes muted debut
Huishang Bank became the second Chinese lender in just over a week to make a lacklustre Hong Kong debut, underscoring lukewarm investor appetite for the Chinese financial sector despite a…
