Following Meituan-Dianping and Haidilao, the two candidates have kicked off their listings, targeting a combined $1.15 billion in what looks set to be a busy month of Hong Kong IPOs.
Ailing state lenders, struggling with regulatory requirements, are in trouble as pressure on distressed assets grows. Distressed debt investors smell blood.
Australia’s power generation sector has been hamstrung by shambolic policy decisions for decades prompting investors to demand an end to a parochial preference for fossil fuels.
Shandong Gold’s acquisition of a 50% stake in Barrick marks one of the largest gold purchases by a Chinese buyer – an interesting change from copper and coal deals.