IPO market set to reopen for business
Mainland authorities are ready to open the floodgates for new stock listings anytime soon, says an adviser to policymakers in Beijing, freeing up the backlog of companies looking to raise…
Robust demand seen for shares of Huishan Dairy
China Huishan Dairy looks set to raise all or almost all of the HK$ 10.1 billion it is seeking in its initial public offering, giving it muscle to build on…
China Huishan Dairy stock falls on first day of Hong Kong trading
China Huishan Dairy, a mainland milk producer backed by billionaire Cheng Yu-tung, fell on its first day of trading yesterday. The poor debut casts a shadow on listing hopefuls in…
Huishan Dairy flops in Hong Kong debut after being bypassed by state subsidies
China Huishan Dairy fell as much as 10 per cent in its first trading day on the Hong Kong stock exchange, hurt in part by concerns that it may miss…
Private equity group helps Mongolian firms connect with outside world
In a country rich in minerals Batsaihan Jamichoi provides a rare commodity – capital financing. Markets & Investing feed…
Hang Seng plans etf after winning quota
Hang Seng Bank is to launch its first A-share exchange-traded fund next month or in November after receiving a renminbi qualified foreign institutional investor quota of 1 billion yuan (HK$…
Private equity firms prepare to put assets on the market
With the mainland’s listing market having been closed for business for the past 11 months, private equity firms are clamouring to sell maturing assets locked up in their portfolios and…
Fed following up on report of unusual trading around FOMC statement
The US Federal Reserve said on Tuesday it was following up with news organisations over a report of unusual trading around the release of its monetary policy statement last week.…
BlackBerry rescue tycoon’s latest test
Speculation that Prem Watsa, the man some call Canada’s Warren Buffett, would launch a bid for BlackBerry started to swirl as soon as he stepped down from the troubled smartphone…
GM to buy back some preferred shares from UAW trust for US$3.2b
General Motors said on Monday it would buy back just under half of its preferred shares held by the United Auto Workers healthcare trust for about US$ 3.2 billion, essentially…
