Financial Secretary John Tsang calls for debate on IPO rules
The public should be consulted before any change to listing rules at the city’s stock exchange, Financial Secretary John Tsang Chun-wah said yesterday. Markets & Investing feed…
Penny stocks fiasco puts spotlight on Singapore Exchange’s dual role as market operator and regulator
The rold of Singapore Exchange (SGX) as the city state’s equity market regulator is coming under increasing scrutiny in the fallout from a penny stock crash earlier this month. Markets…
Internet firms’ dual-class shares are best avoided
When a company goes public, it must tell shareholders how it plans to govern itself. The new owners are promised a piece of the profits and a say in how…
BOCI, JPMorgan among 10 banks to join Cinda IPO syndicate: source
China Cinda Asset Management Corp plans this week to add 10 more underwriters to the syndicate for its potential US$ 2 billion Hong Kong float, sources said. Markets & Investing…
Jingrui pays dividend almost twice its profit ahead of Hong Kong IPO
Shanghai-based developer Jingrui Holdings, which plans to list in Hong Kong, paid its co-chairmen and other shareholders a 372.6 million yuan (HK$ 473.6 million) interim dividend for the six months…
Malaysian exchange courts younger traders
Bursa Malaysia, the country’s stock exchange operator, plans to raise the investment awareness of young Malaysians with a view to encouraging investment in the domestic stock market and mitigating market…
Google share price jumps past US$1,000
On Friday, Google’s share price jumped above that amount for the first time, marking another milestone in its remarkable ascent from US$ 85 in its public offering in 2004. Markets…
US budget crisis had little market impact on the way in or out
As far as market crises go, the United States government shutdown was a damp squib. Regional investors barely reacted to the resolution of the budget stand-off – the Hang Seng Index…
End of self-regulation for Hong Kong accountants is a home-made problem
The Big Four accounting firms are facing fresh operating challenges in Hong Kong. After persistent weakness in the city’s listing market, the accounting industry faces a reform in the city’s…
