Universal Medical prices $447m HK IPO

Universal Medical prices $447m HK IPO

The Chinese healthcare leasing business and healthcare service provider managed to price its shares towards the middle of the range amid a looming deadline for a potential Greek exit from the Eurozone.
Exchanges are hurriedly refining Stock Connect but investors and bankers urge more reform before the trading link can be easily used as a bridge into mainland China.
The FinanceAsia newsletter will take a break on July 1 due to a public holiday. It will return on July 2.
Canadian financial services group ploughs on with Singapore Reit IPO as rallying Treasury market provides a much-needed spur in very difficult market conditions.
PBoC cuts interest rates after Shanghai’s benchmark index flirts with bear market territory. New users of Shanghai-Hong Kong Stock Connect caught in market whiplash.
In this Q&A, Standard & Poor's discusses what the default of Kaisa means for bondholders in China generally and what is next for the property developer.


Has the level of compliance in Asia become too onerous for banks?

   |   View results
Yes, it takes too long to onboard a client
Yes, committees are shooting deals down
I think it’s at the right level. I can do my job and the regulation isn’t too onerous.
I think it’s too lenient. We still see bankers flouting rules and we need to do more to rein them in.


Print Edition

FinanceAsia Print Edition