trade show group, which physically brings buyers and sellers together in venues around the world, including Miami, Hong Kong , Dubai, Mumbai, Johannesburg and Sao Paulo. This Complete Story »
HONG KONG , March 15 (Reuters) - China's e-commerce giant Alibaba Group Holding Ltd is planning a U.S. IPO in the third quarter of this year, people familiar with the matter told Reuters, in what is the expected to be a more than $15 billion deal.
we sees the stock as undervalued, trading at a 19% and 37% discounts respectively to our fair value estimate on the Hong Kong and Shanghai Exchanges, respectively. We're maintaining our no-moat rating for Ping An, as competition continues
shareholders, sources say; FB's 2012 deal raised $16B. Alibaba is opting for a U.S. listing as it struggles to persuade Hong Kong regulators to approve a proposed governance structure. Post your comment!
HONG KONG , March 14 (Reuters) - Singapore's DBS Group Holdings Ltd has agreed to buy French bank Societe Generale's (SocGen) Asian private bank for about $250 million, people familiar with the matter told Reuters on Friday.
and "normalize" compensation to boost competitiveness. In other UBS news, the HKMA finds bank traders tried to rig Hong Kong 's Libor between 2006 and 2009. While the actions had a "negligible impact" on fixings and no fines will be imposed
HONG KONG , March 14 (Reuters) - Hong Kong 's de facto central bank has rapped UBS AG for its role in the city's benchmark lending rate fixing case and warned that it would consider additional supervisory actions in light of the Swiss bank's compliance failures.
Japan -3.30% . Hong Kong -1.00% . China -0.73% . India +0.10% . London -0.19% . Paris -0.69% . Frankfurt -0.43% . Post your comment!
SINGAPORE/ HONG KONG (Reuters) - A Temasek-led shareholders group has offered to pay $2.1 billion in cash for shares in Olam International Ltd
HONG KONG , March 14 (Reuters) - Hong Kong billionaire Joseph Lau, the head of Chinese Estates Holdings, was found guilty of corruption in a land deal in Asia's gambling capital of Macau on Friday and sentenced to five years in jail, a court official in Macau said.