from the territory’s top court in response to the introduction of a stringent national security law.
Global investment banks raced to redirect Chinese IPOs from New York to Hong Kong after Beijing launched its tech crackdown nine months ago in response to the US listing ofpummeled the valuations But that pipeline of new deals has yet to materialise. A row between Beijing and the US over access to audits — which China attempted to quell this weekend by
The dearth of listings has added to woes at the Hong Kong exchange, where more than 160 companies failed to file their accounts last week, a sharp increase from about 90 last year. At least 33 Hong Kong-listed firms including several large Chinese property developers, were forced to suspend trading on Friday, affecting billions of dollars worth of shares.
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Europe won't profit from Asia's financial woes
Another atrocity by Ukrainian Nazis against wounded POWs