Tiger Asia must pay investors back HK$45 m
A Hong Kong court yesterday ordered US hedge fund Tiger Asia Management and two senior executives to pay more than HK$ 45 million to about 1,800 investors for insider dealing…
China Everbright’s not so bright on trading debut
Five new listings made their debuts on the Hong Kong stock exchange yesterday, with China Everbright Bank, the largest flotation of the year, performing the worst. Markets & Investing feed…
Moment of truth for IPOs
The mainland’s plan to build confidence in domestic stock markets and turn around their reputation as financial casinos will depend on a regulatory gamble paying off next year. Markets &…
Asia-Pacific sees shrinking equity capital markets
Equity capital markets in the Asia-Pacific ex-Japan region shrank for a third consecutive year in 2013, hurt by a downturn in India and slower activity in mainland China. Markets &…
Bohai bourse readies yuan trade in Hong Kong
Tianjin’s Bohai Commodity Exchange, the first non-bank organisation on the mainland given permission to conduct cross-border yuan business, introduced its online platform to Hong Kong companies yesterday as its first…
Hong Kong teams with Singapore on yuan business
The alliance between Hong Kong Exchanges and Clearing, the operator of the city’s stock exchange, and Singapore Exchange is likely to prove successful in developing yuan investment products, say analysts,…
BlackRock gears up for mainland China sales
BlackRock, the world’s largest asset-management company, will expand its team in Hong Kong and introduce more locally domiciled funds to take advantage of a soon-to-be-signed mutual recognition agreement between Hong…
