Willas-Array gains Hong Kong trading exposure
Willas-Array Electronics, one of the largest distributors of electronic components in Greater China, will be listed in Hong Kong by way of introduction as the company seeks to enhance its…
Boost reits creation in Hong Kong, adviser urges
Tax waivers and the removal of unnecessary regulations would allow Hong Kong to become a global leader in the real estate investment trust (reit) capital market, according to a veteran…
US stock market boom ‘could end badly’, says Nobel economist
An American who won this year’s Nobel Prize for economics believes sharp rises in equity and property prices could lead to a dangerous financial bubble and may end badly, he…
Medical services firm looks to U.S.
Goldman Sachs-backed iKang Guobin Healthcare, mainland China’s leading privately held medical services provider, is considering launching an initial public offering in the United States next year. Markets & Investing feed…
Gas debt hit as banks lose government guarantees
The fading notion that the largest US finance companies are too big to fail led Moody’s Investors Service to cut ratings on US$ 5.5 billion of bank-backed debt used to…
Coal port share sale fully covered
The HK$ 5.56 billion initial public offering of Qinhuangdao Port, the world’s largest coal port, has been fully covered by investors in its international tranche as it kick-starts its Hong…
China’s booming trust industry not sustainable, McKinsey report says
While the mainland trust industry has been booming and has become the second-largest financial sector, a global consulting firm warns the current business model is unsustainable. Markets & Investing feed…
Bad-loan manager Cinda to use IPO for leverage
China Cinda Asset Management, the first mainland bad-loan manager to seek a Hong Kong stock market listing, said it plans to increase the leverage of its balance sheet with a…
