Chilling effect on Hong Kong IPO market during Chinese investigations
10 Jun 2021, 13:55 GMT+10
HONG KONG: After witnessing a flurry of activity last year and at the start of this year, Hong Kong s market for new stock listings has cooled to its slowest pace since 2009 in the wake of increasing Chinese scrutiny of tech firms anti-competitive business practices.
According to data compiled by Bloomberg News, just seven companies have gone public in the second quarter of this year, the lowest figure since the aftermath of the global financial crisis.
First-day performances of IPOs have also taken a hit, with the initial public offerings of warehouse and distribution company JD Logistics and property manager Central China Management in May showing the worst average debut performance in 15 months, data shows.
The new tool will make assessment of MSME creditworthiness easier and provide the opportunity to differentiate risks thereby opening possibilities of dynamic pricing of credit solutions.
MUMBAI: A leading public hospital has proposed a simple method to predict which Covid-19 patients are likely to require oxygen support or higher care during hospitalisation.
In a research paper published in the latest edition of JAPI, doctors from KEM Hospital’s pulmonary medicine department said the assessment only requires one’s oxygen saturation readings to be taken once while lying down and immediately another reading while sitting up. If the readings differ quite a bit, it is possible the patient has Covid-induced platypnea-orothodeoxia syndrome (POS) a condition in which breathlessness is alleviated when lying down and worsens while sitting or standing up.