Shimao bonds jump on report the Chinese developer plans to repay debts
Bonds sold by subsidiaries of Shimao Group Holdings (0813.HK) rose broadly in Shanghai on Friday after a report the Chinese developer plans to repay publicly issued debts due this month, even as ratings agency Moody’s downgraded the company.
Beijing rule changes to revive China’s IPO prospects in 2022, bankers say
Greater China’s flagging initial public offerings (IPOs) are set to get a fillip in 2022 from the expected unveiling of new rules by Beijing for Chinese firms’ offshore listings, giving clarity to jittery investors, investment bankers and analysts said.
SenseTime plans Hong Kong IPO relaunch Monday, sources say
Chinese artificial intelligence startup SenseTime Group (0020.HK) plans to keep its Hong Kong initial public offering (IPO) at $767 million as it considers re-launching the withdrawn deal as early as Monday, four people with direct knowledge of the matter said.
SenseTime launches Hong Kong IPO to raise up to $767 mln -term sheet
Chinese artificial intelligence startup SenseTime Group is looking to raise up to $767 million in its Hong Kong initial public offering (IPO), according to a term sheet seen by Reuters.
Cowed by Chinese regulators, Didi plans to delist from New York months after debut
Ride-hailing giant Didi Global (DIDI.N) said it will delist from the New York stock exchange just five months after its debut and pursue a listing in Hong Kong – having raised the ire of Chinese regulators for ignoring a request to put its U.S. IPO on hold.
Omicron marches on as Biden prepares U.S. for grim winter
Australia, despite restrictions on international visitors, became the latest country on Friday to report community transmission of Omicron, a day after the coronavirus variant was found locally in five U.S. states.
Asian shares tick up but Omicron worries leave markets on edge
Asian shares edged higher in choppy trading on Thursday, helped by advances in Chinese real estate shares, though fears about the Omicron variant of the new coronavirus capped gains regionally.
Singapore bank DBS suffers two-day tech outage, c.bank mulls supervisory action
Singapore’s central bank said on Wednesday that it will consider taking “supervisory action” on DBS Group Holdings Ltd (DBSM.SI) after the Singapore bank’s online banking services faced disruption for the second consecutive day.
Locked in hotels: Hong Kong’s COVID-19 rules take mental toll on Cathay pilots
One of Asia’s largest airlines, Cathay Pacific, is facing a revolt from pilots who say Hong Kong’s tough quarantine rules under its zero-COVID policies are endangering their mental health, leading to rising stress and resignations.
Singapore bank DBS in day two of its biggest tech outage in a decade
DBS Group Holdings Ltd (DBSM.SI), Southeast Asia’s largest bank, faced disruption in its online banking services for the second consecutive day on Wednesday, drawing the ire of customers just hours after announcing a fix after the first day of outage.
