Watchdog to mull US-like system for IPOs
China’s top securities watchdog intends to study the US system for letting companies go public, a top regulatory official said yesterday, but he cautioned that the market should not expect…
Refiners promised reform on fuel prices
The central government is determined to reform the domestic fuel price-setting mechanism this year after years of concerns that such a move would stoke inflation. The timing of the reform…
Top banker calls for reform of IPO rules
The mainland’s securities watchdog needs to reform its listing rules, allowing market forces to have more clout in approving initial public offerings (IPOs), says a senior investment banker and member…
China set to unseat US as top e-commerce market
China will overtake the United States as the world’s largest e-commerce market next year, when its annual online sales hit 1.5 trillion yuan (HK$ 1.85 trillion), according to global consultancy…
Mazda to set path for stock offerings
The sale of US$ 2 billion in new stock by Mazda Motor this month is as significant for Japan’s equity capital markets as it is for the carmaker, with the…
BASF eyes mainland investment opportunities
BASF, the world’s biggest chemical maker, is considering opening an investment office in Beijing or Shanghai as China begins to spawn its own technology start-ups. Dirk Nachtigal, head of the…
JPMorgan sees record figures for mainland
JPMorgan Chase’s pipeline of clients from the mainland seeking financing overseas has doubled from a year ago to a record, led by developers seeking funds, said the head of its…
Audi predicts another record year
Volkswagen’s premium brand Audi forecast yesterday that operating profit in 2012 should remain at last year’s record level of €5.35 billion (HK$ 55.83 billion) and expects to reach its mid-term…
Tourists fuel upswing in Macau gambling revenue
Gambling revenue in Macau last month rose from a year earlier but dropped from January, when the week-long Lunar New Year holiday attracted huge numbers of mainland tourists. Home/Business/Markets…
