Hopewell Hong Kong looks to raise HK$6b in IPO
Hopewell Hong Kong Properties, a unit of Hopewell Holdings, launched on Thursday an up to US$ 780 million (HK$ 6.05 billion) Hong Kong initial public offering. Markets & Investing feed…
Trickle, not flood, seen when overseas stocks open to Chinese
Signals Beijing is preparing to unleash the buying power of Chinese individual investors on overseas markets may have some stock brokers salivating at the prospect the new money can add…
Tokyo stocks down 2.75pc by morning break
Tokyo stocks tumbled almost three per cent on Thursday morning as jittery investors dumped shares following a sharp fall on Wall Street on the back of concerns over global growth.…
New tax exemption seen drawing hedge funds to Hong Kong
More hedge funds and private equity firms will set up in the city because of a government reform plan and the internationalisation of the yuan, industry representatives say. Markets &…
Link Reit takes first steps for asset sales
The Link Real Estate Investment Trust is paving the way to sell some of its assets by evaluating its portfolio, including shopping centres and car parks in public housing estates.…
Buyers line up for third batch of low-risk bonds
The third batch of HK$ 10 billion inflation-linked bonds is proving a sell-out despite low inflation, with investors piling into the risk-free product in a sluggish market. The number of…
Market sell-down leaves MPF funds in the red
The Mandatory Provident Fund, which covers the city’s 2.5 million employees, sank back into the red last month as Japanese and emerging-market stocks fell. The 458 investment funds under the…
RQFII quota gains 15.6b yuan boost for month
Beijing granted a large amount of quota last month for the scheme that raises offshore yuan to invest in the mainland’s bond and stock markets, in an effort to bolster…
Lawmaker says watchdog too kind on HKMEx
Lawmakers accused officials at the Securities and Futures Commission yesterday of adopting a too lenient approach to the ill-fated Hong Kong Mercantile Exchange (HKMEx), which they alleged was given privileged…
