Lyxor has said it is considering delisting all of its Hong Kong listed exchange traded funds following speculation in the Asian press earlier this week about such a move.
HONG KONG (Reuters) - Simon Murray, adventurer and outspoken chairman of commodity trader Glencore , is back in the spotlight, this time over his role as a director of Sino-Forest , whose shares have been hit by accusations of fraud.
The Department of Invest Hong Kong said Friday it helped 265 firms establish or expand their business presence in Hong Kong last year, which is its record in attracting foreign direct investment to the city. Director-General of Investment Promotion Simon Galpin said the figure showed investors' confidence in the city despite the challenging global economic environment. "Hong Kong's strategic ...
Jan. 22 (Bloomberg) -- United Co. Rusal Ltd. , the world’s largest aluminum producer, raised HK$17.4 billion ($2.2 billion) in the first initial public offering by a Russian company in Hong Kong, said three people familiar with the sale.
Hong Kong Allows Cathay, All Nippon To Maintain Fuel Surcharges
Jan. 22 (Bloomberg) -- Guangzhou Automobile Group Co. , China’s sixth-largest automaker, plans to sell shares in Hong Kong and take over affiliate Denway Motors Ltd.
Jan. 22 (Bloomberg) -- United Co. Rusal Ltd. , the world’s largest aluminum producer, raised HK$17.4 billion ($2.2 billion) in the first initial public offering by a Russian company in Hong Kong, said two people familiar with the sale.
United Co. Rusal Ltd., the world’s largest aluminum producer, priced its Hong Kong initial public offering at HK$10.80 a share, said two people familiar with the sale.
UC Rusal, the world's biggest aluminium producer, raised 2.24 billion US dollars after pricing its Hong Kong and Paris dual public offering at a premium, a source told AFP Friday.
Hong Kong Shares Extend Drop On Broad Stock Losses