Hong Kong banks face liquidity squeeze

Banks in Hong Kong face an uncertain outlook thanks to persistently low interest rates and the migration of local-currency deposits into renminbi.
October 05, 2011

Investors reconfirm 98.8% of Sun Art Retail allocation

Retail investors will be allocated 18.7% of Sun Art's $1 billion IPO after reconfirming 93.3% of their original allocation after the detection of a prospectus error. The process results in an overall take-up ratio of 98.8%.
July 21, 2011