Langham Hospitality raises US$550m in Hong Kong IPO
Langham Hospitality Investments, an investment trust controlled by property developer Great Eagle Holdings Ltd, raised about US$ 550 million in an IPO on Thursday, the first of several issuers looking…
Whistle-blower calls for caution over Japanese deals
Michael Woodford, who made a name as one of the world’s most senior corporate executives to turn whistle-blower after the Olympus scandal in 2011, has warned Chinese business chiefs to…
PICC to lift capital with 5.8b yuan rights issue
A planned rights issue would help PICC Property and Casualty, the mainland’s biggest non-life insurer, to record faster premium growth and business expansion, analysts said. But shares in PICC fell…
BlackRock to buy real estate firm MGPA
MGPA manages about US$ 12 billion, focusing on real estate funds management, co-investments and separate-account mandates for institutional investors, BlackRock said yesterday. The transaction is expected to close in the…
Gold still overrated despite sell-off, says Singapore investment official
While falling gold prices have sent a flood of Chinese housewives to Causeway Bay jewellery shops to hunt for bargains, Singapore’s top investment official has warned that the precious metal…
Gold still overrated despite sell-off, says Singapore investment official
While falling gold prices have sent a flood of Chinese housewives to Causeway Bay jewellery shops to hunt for bargains, Singapore’s top investment official has warned that the precious metal…
China market ‘casino’ scares off foreigners
For 10 years, a yawning chasm has existed between the performance of the mainland’s stock market and that of its economy, says a veteran China expert, who likens the market…
Overpriced IPOs spell longer-term misery for A share investors
For 10 years a yawning chasm has existed between the performance China’s stock market and its economy, according to a veteran China expert, who likens the market to a casino…
Time is still on the side of the Thai bull run
Timothy Teo runs a Thai equity fund that is one of the five best performing equity funds sold in Hong Kong. Indeed, four of the top five equity funds sold…
Miners’ shares hit after blast kills 28
Shares of coal miners fell yesterday after China ordered the suspension of production at coal mines in the southwestern province of Sichuan following a mine explosion that killed at least…
