Markets & Investing
Director 'overboarding' spark calls for reforms
There are 113 firms where a director serves on more than six boards.
Equities rout wiped out 7.38% from MPF in January-October
Citizens lost an average of $19,661 in the first ten months of 2018.
Office rents to fall 3.8% in 2019 as stock markets slump
The slowdown will break a four-year streak.
Hong Kong unveils rules in bid to tame crypto assets
Fund managers will need to meet licensing conditions.
Goldman Sachs unveils funds for retail investors
It will tap on machine learning and data to analyse stocks.
Hong Kong bourse turns to blockchain to boost Chinese share trading
It aims to boost information sharing on northbound trades.
Chinese biotech firm Innovent Biologics raises $3.3b in IPO
It sold 236.5 million shares at $13.98 apiece.
Retail investors cash in on Hong Kong's severe market rout
Investors trading callable bull/bear contracts made about $480m in profits.
Chinese developer Midea Real Estate seeks up to US$493m in Hong Kong float
It is offering 180 million shares priced at $17 to $21.50 apiece.
Rattled consumers beef up savings amidst growing uncertainties
The number of residents pledging to save spare cash rose from 68% to 72% in Q2.
Metal producer Shandong Gold raises $4.82b in IPO priced at low end
The firm sold 327.7 million shares priced at $14.70 apiece.
HKEX eyes tech acquisitions in growth strategy shift mimicking Nasdaq
Takeovers in data, analytics and blockchain rank high in the agenda.
Hot pot chain Haidilao defies market slump after raising nearly US$1b in IPO
The firm sold around 8% of equity capital at $17.80 per share.
The Asian Export Awards 2018 welcomes MICCI as partner
MICCI intends to be the premier advocate for the business community in Malaysia.
Meituan Dianping raises US$4.2b in IPO priced at high end
The Chinese food review firm sold 480.27 million shares at $69 apiece.
Hot pot chain Haidilao seeks ambitious US$10b valuation that towers over its peers
It’s aiming for a market cap greater than all Hong Kong-listed restaurant operators combined.
Commentary
Ginza-style buildings: Adapting to changing market demands