AB InBev Scraps Mega-IPO of Asian Business
The offering had been expected to raise up to $9.8 billion but investors apparently balked at AB InBev's valuation of Budweiser APAC.
Brewing Giant Planning Biggest IPO of the Year
Anheuser-Busch InBev is hoping to raise $9.8 billion from a Hong Kong listing of its Asia-pacific unit.
Hong Kong Bans UBS Sponsor License, Fines It $48 Million
The Securities and Futures Commission is cracking down after a string of problem listings.
Alibaba Boosts Stake in Chinese Bank to 4.8%
The e-commerce giant joins rival Tencent in becoming a major CICC shareholder as both firms eye opportunities in fintech.
Auction Calendar Shift Hits Sotheby’s Earnings
“Sotheby’s is on track to deliver another year of excellent growth in auction sales and even more impressive growth in private sales,” CEO Tad Smith says.
Four Things to Expect at CFO Rising Hong Kong
Speakers will cover topics like finance's changing role, governance frameworks, talent development, and cross-regional business partnering.
Hong Kong Court Affirms Sanctions on Moody’s
Regulators had fined the rating agency $1.4 million for publishing a "misleading" report that flagged Chinese companies for weak corporate governance.
Bankruptcy in Bulk
Tumbling rates in the dry bulk shipping market force two companies into bankruptcy.