US bourse operator looks into recent market swings for newly-listed Chinese companies.
Grab Financial promotes; GSAM pushes retail; Schroders on passive; FAANGMAN vs SGX; Asset manager websites; IPO warning; Hong Kong’s crypto; and much more.
The wealth manager plans to list on the Nasdaq.
Could a high profile listing help the depressed Hong Kong market, which is trading slightly above its 2008 low?
After a fund house goes public, attention to its own stock price could detract from managing funds for clients, according to industry sources.
China’s rapid growth in private wealth is a factor in Shanghai-based Jupai Holdings decision to launch an IPO.
Majcher, a former Eurobond trader in London who became a top covert operator for Canada’s RCMP, is particularly critical about the sale of licenses for backdoor listings.
About one month after Alibaba’s $25bn IPO on the NYSE, the largest in history, five funds registered for sale in Asia have made the Chinese ecommerce giant a top ten holding.
The September IPO of China’s ecommerce giant Alibaba is expected to be the largest in US history, but it could have a negative impact on many companies in China’s internet sector, said Yue Yao, senior equity manager at Morningstar in China.