CICC eyes expansion in Southeast Asia
China International Capital Corp (CICC) plans to expand its footprint in Southeast Asia by opening offices in…
Browsing Tag
Hong Kong
H. Kong retail sales slide 11.5% YoY in May
Hong Kong's retail sector continues to struggle as May sales dropped by 11.5 per cent year-on-year to HK$30.5…
Asia’s IPO market: India surges, Hong Kong seeks revival
Asia's equity capital market is set to rebound in the second half of 2024, fuelled by increased Indian IPOs and a…
H. Kong holds rates steady amid US Fed decision
The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged at 5.75 per cent on Thursday, mirroring the…
US to widen sanctions on semiconductor sales to Russia
The US government plans to announce wider sanctions targeting semiconductor chip sales and other goods to Russia,…
Asian stocks slide on fading rate cut hopes
Asian stocks dropped on Monday as investors scaled back expectations for Federal Reserve rate cuts this year.
Foreign investors flock to Aramco shares
About 60 per cent of the shares offered in Saudi Aramco's $11.2 billion stock sale reportedly went to foreign…
FWD Group targets H. Kong IPO up to $9b
Billionaire Richard Li is reviving plans for an IPO of FWD Group, a Hong Kong-based insurer.
Egypt inks MoU to build 1st vessel scrapping facility
Egypt's Holding Co. for Maritime & Land Transport (HCMLT) on Wednesday signed a memorandum of understanding…
Tadawul to see influx of IPOs
Saudi Arabia boasts over ten companies eagerly awaiting to embark on initial public offerings (IPO) on its stock…
AfDB 2023