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Shangri-La's Rasa Sayang Resort Spa in Penang will reopen for business on Sept 28 following a RM100mil redevelopment programme.
WHO says banking has become boring again? For Malaysian banks, it is back to basics but the playground has indeed been enlarged.
SHANGHAI: China on Thursday officially launched Shanghai's Nasdaq-style tech board, with the country's top securities regulator cautioning that the hotly-anticipated STAR Market will face various challenges initially.
SHANGHAI: Nine Chinese companies, among the first to float on China’s red-hot Nasdaq-style tech board, announced prices of their new share offers yesterday, taking advantage of investor fervour to market themselves at valuations some view as lofty.
SHANGHAI: Chinese shares fell on Wednesday as flat producer price inflation fuelled concerns about domestic growth, and a flood of initial public offerings targeting Shanghai’s new tech board diverted funds from the rest of the market.
SHANGHAI: China's new Nasdaq-style board for homegrown technology firms started trading on Monday, with most of the stocks surging in their debut.
SHANGHAI: They propelled a little-known semiconductor manufacturer to a 521% surge, traded a mid-sized railway company 13 times more feverishly than the world’s largest bank and valued a chipmaking-gear producer at an eye-watering 730 times earnings.
SHANGHAI: The biggest shareholders in China's new Nasdaq-style STAR Market lost a combined $1 billion in the second day of trade on Tuesday, a day after the board's roaring debut created three new billionaires.
SHANGHAI: The frenzy that greeted China’s new Nasdaq-style stock board is already fading.
BEIJING: Intense Chinese demand for initial public offerings on the country’s new stock board is sending valuations for new listings sky-high.