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.

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