Takeover

2 Feb 2013

The shares of high-end department store operator PCD Stores rose strongly yesterday after an announcement that the parent company of Beijing's largest retailer has launched a takeover bid with a...

Foreign expansion ambitions to boost China M&A

31 Jan 2013

China's merger and acquisition (M&A) activity is expected to rebound this year, driven mainly by the overseas expansion ambitions of privately owned companies in the retail and consumer goods...

2013: Hong Kong's year of regulatory reform

1 Jan 2013

Happy New Year to all readers of White Collar. Last year marked a plethora of reforms and challenges for many listed companies, accountants, investment bankers, even the stock exchange and the...

Fubon Financial to buy majority control of First Sino Bank

28 Dec 2012

Fubon Financial Holding, the second-largest publicly traded financial group in Taiwan, will buy majority control of First Sino Bank, in what is the largest acquisition of a mainland business by a...

Beihai Port beefs up for trade boom

15 Dec 2012

Beihai Port will acquire two other ports and a tugboat company on the mainland for 5.18 billion yuan (HK$6.41 billion).

It will also raise 1.73 billion yuan to boost booming trade between...

Opinion

Jake Van Der Kamp

An age-old problem and the sums that just don't add up

Howard Winn

HSBC suffers the Taibbi treatment in Rolling Stone

Shirley Yam

How tycoons' IPO 'losses' may hide profits at herd's expense

HKEx drives on with new offering to fund LME takeover

Hong Kong Exchanges and Clearing is making its first share offering since it was listed, aiming to raise US$800 million following the British regulator's approval yesterday for HKEx's takeover of...

HSBC may quit South Korean retail banking sector

HSBC Holdings is considering closing its South Korean retail operations, the Yonhap news agency reported, citing unidentified industry officials and regulators.

CNOOC resubmits bid for Nexen to US regulators

Chinese oil and gas giant CNOOC has withdrawn and resubmitted its C$15.1 billion (HK$117.8 billion) bid for Canada's Nexen to United States regulators for approval.

HKEX AT CROSSROADS

Real work begins after gaining the LME

Hong Kong Exchanges and Clearing's proposed takeover of London Metal Exchange could well be the quickest way for it to diversify but it is also the biggest gamble the local bourse has ever taken...

'State-sponsored' Chinese hackers blamed for Coca Cola cyberattack

FBI officials quietly approached executives at Coca-Cola in March 2009 with some startling news.

BANKING

Sumitomo bid for bigger stake could be BEA's saviour

Japanese lender Sumitomo Mitsui's expected bigger stake in Bank of East Asia could help the Hong Kong family-controlled bank fend off hostile takeovers, analysts said.