Hong Kong-listed warehouse developer ESR Group gets takeover bid from US consortium led by Starwood Capital scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.
Many Chinese firms are expected to shift their fundraising plans to Hong Kong following measures by the mainland’s market regulator to support initial public offerings in the city, analysts say.
Nicolas Aguzin will step down as CEO of HKEX at the end of this month, passing on the top role to Bonnie Chan Yitang two months before his contract expires, according to a stock exchange announcement on Friday.
New rules effective January 1 remove a quarterly reporting requirement and streamline transfers to the bourse’s main board, but analysts say the bar is still too high for many small companies
Hong Kong Exchanges and Clearing (HKEX), which runs Asia’s third-largest stock market, reported strong growth in derivatives trading despite a big fall in new listings, in an indication that the bourse operator has successfully diversified its business model.