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Stress and despair: new year, old wounds for Hong Kong bankers with IPO market in slump and windfalls elude investors

Hong Kong's market for initial public offerings (IPOs) is suffering from another sluggish start in 2024. Once a beacon of hope for retail investors looking for a windfall and a lucrative source of fees for investment bankers, listings have instead become a source of stress and job insecurity due to a drop in such activity. This year, five companies have raised HK$2.18 billion (US$279 million) from their stock offerings in the first two months, according to data compiled by London Stock Exchange

Funds bet on recovery in Asian junk-rated credits as defaults peak while China's property bonds struggle to end rout

Asian junk-rated corporate bonds could be the surprise package for credit investors in 2024 as the worst of the debt defaults has passed and global borrowing costs decline, some managers said.

Boom time in aviation: SIA Group posts net profit of SGD2.16bn, the highest in its 76-year history

The Group said that it used the challenges of the pandemic “to shore up liquidity and build its financial resilience”. It also retained most of its “talented staff”.

Vietnam, Cambodia have fastest port turnaround times in ASEAN: WB – Talk Vietnam

Vietnam, Cambodia have fastest port turnaround times in ASEAN: WB

Vietnam, Cambodia have fastest port turnaround times in Asean

Vietnam, Cambodia have fastest port turnaround times in Asean Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

Vietnam, Cambodia have fastest port turnaround times in ASEAN: WB

Vietnam & Cambodia achieve shortest port turnaround in ASEAN

Vietnam and Cambodia have the shortest port turnaround times in the ASEAN region at 0.9 days for container shipping, the World Bank said. Digitalisation is reducing port...

Vietnam, Cambodia have fastest port turnaround times in ASEAN: WB

Container shipping in Vietnam and Cambodia had the fastest port turnaround times in ASEAN in June 2022 with both countries scoring an average of 0.9 days, according to a World Bank (WB) report.

VN, Cambodia have fastest port turnaround times in ASEAN: WB