Amid the bellicose posturing of the US-China trade war, Hong Kong is emerging as a safe port for China’s corporate refugees – but there are powerful reasons for at least some of these ADRs to stay where they are
Looking to raise billions via an IPO? Well, you could be out of luck for some time, but smaller players with less onerous ambitions and a niche offering - such as WiMi Holdings and Tycoon Group - may buck the depressing trend.
Amid an unprecedented level of flight reductions, a plummet in demand, and desperate capital raising exercises, expect airline IPO’s to remain grounded as the COVID-19 pandemic reshapes the industry. We review how many are finding ways just to stay alive.
As more choose to communicate online rather than conduct face-to-face meetings amid the COVID-19 pandemic, InnoCare Pharma’s successful virtual IPO shows that investors can get the message and many of them are very willing to pay.
State Bank of India’s agreement to buy Yes Bank stems from the central bank’s aspiration to maintain trust in the country’s financial system. However, as bank share prices and deposits fall, not everyone is reassured.