A dearth of initial public offerings in Hong Kong is causing companies to suffer cash crunches and put off expansion plans. ( read original story ...)
Continued Consolidation Predicted For China Stock Market
The China stock market on Tuesday ended the three-day winning streak in which it had gained more than 75 points or 2.5 percent. The ... ( read original story ...)
Stock market today: World markets are mixed on the first trading day of 2024
With the robust gains of 2023 in the rear view mirror, Wall Street was poised to open with losses on the first trading day of 2024.Futures for the S&P 500 lost 0.8% before the bell Tuesday, while ... ( read original story ...)
M&As Overtake IPOs as Main Route for China’s Venture Capitalists to Recoup Funds
With the tougher IPO climate, more companies are carefully considering M&As as investors seek to recoup their investment, said Chen Jie, the executive in charge of global M&As at the investment ... ( read original story ...)
HSBC Announces Completion of Its Retail Banking Sale to Cerberus in France
HSBC Bank has sold its retail banking business to New York-headquartered Cerberus Capital Management, a private equity company. The deal also includes the sale of HSBC SFH (France) S.A. and the ... ( read original story ...)
Over 1,000 Chinese Firms Registered for Pre-IPO Tutoring Last Year Despite Sluggish Capital Market
(Yicai) Jan. 2 -- More than 1,000 Chinese companies registered for pre-listing tutoring last year despite the sluggish capital market and stricter reviews on initial public offerings, according to the ... ( read original story ...)
Stock market today: Asian markets are mixed on the first trading day of 2024
Asian markets were mostly lower Tuesday following the release of data showing more signs of weakness in the Chinese manufacturing and property sectors. U.S. futures were higher and oil prices gained ... ( read original story ...)