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(Bloomberg) Investors trying to identify the next batch of Chinese developers that could run into liquidity troubles should look for firms that have reported a sudden drop in land purchases relative to sales, according to Bloomberg Intelligence. ....
streetAsia s premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW Singapore Reporter/s In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We ....
Chinese toy maker Pop Mart surges nearly 80% in Hong Kong debut reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Chinese toy maker Pop Mart surges nearly 80% in Hong Kong debut By Scott Murdoch and Donny Kwok Customers are seen inside a store of Chinese toy maker Pop Mart at a shopping mall in Beijing HONG KONG (Reuters) – Chinese toy maker Pop Mart International Group made a stellar debut on the Hong Kong stock market on Friday, closing nearly 80% higher than its issue price to end the day with a market capitalisation of $12.5 billion. The firm, which sells the ‘Molly’ doll and figurines wildly popular among China’s cashed-up millennials, had opened 100% higher in the initial burst of buying, before late profit taking brought it back to close at HK$69, up 79.2% from its issuance price of HK$38.5. ....