Renewed measures by mainland regulators to ease fund-raising pressure on the stock market are expected to force hundreds of initial public offerings to be called off if they fail to meet more stringent listing requirements.Wednesday, 20 February, 2013, 3:13am
PCCW wants to do the spin-off listing of its telecommunications unit in Hong Kong.
The proposed listing would be Hong Kong's first business trust IPO, and would only happen if rules were changed to support such an endeavour. Only property-trust listings are allowed in the city, while Singapore permits various trust floats.30 Mar 2011 - 12:00am
Former All Black Justin Marshall did a lot of distributing as a world-class scrumhalf but he was delighted to see someone else doing the giving in the form of a surprising donation this week.
In town to play for the BGC Barbarians in the Tens, Marshall was exhilarated to see the US$100,000 contribution from BGC to the New Zealand quake relief.26 Mar 2011 - 12:00am
Shimao Property Holdings is considering spinning off its tourism-related property arm, including hotels, theme parks and golf courses, after announcing a 41 per cent rise in underlying full-year profit last year.
'We are doing preparation work now, but [there's] no timeframe for the listing at the moment,' said vice-chairman and executive director Jason Hui Sai-tan.23 Mar 2011 - 12:00am
Lontoh Coal, which aims to be the first African firm to list in Hong Kong by raising up to US$500 million by the end of the year, plans to spend up to US$775 million to expand output capacity, build port and rail facilities and a coal-to-liquid fuel plant.23 Mar 2011 - 12:00am
Battery and carmaker BYD said it expects its car sales this year to grow at the same pace as China's overall car market, a day after reporting a dismal drop in profits and average sales growth last year.15 Mar 2011 - 12:00am
All guests at Conrad are VIPs, but please wait for another lift11 Mar 2011 - 12:00am
Australian billionaire Clive Palmer's mining company Resourcehouse has revived its US$3 billion Hong Kong listing plan despite recent market jitters from the political tensions in the Middle East and North Africa.2 Mar 2011 - 12:00am
Assessing the true value of INEDS1 Mar 2011 - 12:00am
The Middle East turmoil has claimed its first high-profile victim on Hong Kong's capital markets.26 Feb 2011 - 12:00am