Alibaba Group mulls the internet of the future
Categories
Category: Markets
Bringing business to the masses
Categories
Local voices
When pirates attack
Bank of Communications (601328.SH, 3328.HKG), China’s fifth-largest lender, announced plans to shore up capital by issuing US$8.9 billion in shares, the world’s biggest share issue since May, Bloomberg reported. The lender will sell shares in both Shanghai and Hong Kong, with the Ministry of Finance and HSBC Holdings (HBC.NYSE, HSBA.LON, 0005.HKG), its two largest shareholders, […]
China’s second-largest securities broker by assets, Haitong Securities (600837.SH), is preparing another attempt at a US$1.5 billion listing in Hong Kong, Reuters reported, citing a report by IFR, a Thomson Reuters (TRI.NYSE) publication. Haitong cancelled a US$1.7 billion Hong Kong listing in December owing to turmoil in global markets. But IFR reports that the firm intends to […]