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ERNEST KONG
Fund managers hunt for bargain bets in Asian marketsFor a lot of fund managers, the sell-off has been excessive.- Disappearing 1,500% IPO gain causes concern on Hong Kong bourseThe 44 companies that debuted Hong Kong’s GEM in 2016 closed up an average of 541 per cent on the first trading day, the Bloomberg data sho...
- World’s best IPO has gained 6,000%, but analysts say stay awayLuen Wong Group Holdings Ltd. jumped 1,438 per cent on the first trading day after its April initial public offering and is now 6,715 per c...
- Hong Kong stocks drop like stonesAlmost no analyst tracked Goldin Financial or Hanergy even as their market values swelled to more than $30 billion, making them among Hong ...
- Global banks may not be in a hurry to set up subsidiariesTop global banks such as Citigroup, Hong Kong and Shanghai Banking Corp and Deutsche Bank may not rush to set up an Indian subsidiary.
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