Hong Kong is losing some of its luster as an IPO hub, and has little chance of landing a top-three place for global IPO fundraising this year. Read more here.
Tencent has lost its title as China’s biggest company, the latest sign of how far regulatory risk and dimming growth prospects have set back the country’s tech industry.
The landmark information sharing agreement won’t dispel concerns over delistings of Chinese firms from New York until the deal is smoothly implemented.