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CHINA’S Nasdaq-style Star Market is set to attract more foreign investors in the coming quarters, thanks to the launch of its first market benchmark and its growing ability to attract quality tech names with overseas presence, according to leading global financial institutions.
HONG KONG: Hong Kong stocks posted strong gains on Thursday, with the index tracking mainland stocks having its best day in more than three months, after a security law went into effect in the city this week.
SHANGHAI: China stocks rallied on Thursday, with the blue chip index hitting a near a two-and-half-year high, boosted by more government spending to prop up the economy.
SINGAPORE: Singapore is becoming a hub for the property-management industry: It has more foreign real estate investment trusts (REITs) than anywhere else in the world, and the companies’ importance on the nation’s benchmark equity index is the highest it’s ever been.
HONG KONG: The Australian securities regulator has rapped banks for how they conduct initial public offerings of small mining companies, pointing to possible conflicts of interest and “substandard” compliance controls for promotional material.
THE monopoly behind China’s vast network of cellphone towers started marketing what could be the world’s largest initial public offering in four years.
DUBAI: Saudi Arabia’s stock market is pulling out all the stops for what could be the world’s largest initial public offering.