Global banks in Hong Kong are speeding up hiring to grab the chance of tapping into China’s huge wealth management market… through the new wealth connect.
We talked about Hong Kong’s sluggish IPO market days ago. Instead of following the same trend, the US market is rushing into another record-breaking year.
We all know the Big 4 accounting firms – PwC, EY, Deloitte and KPMG… they are large, they are important. So Bojo may need a better plan to rein in them.
Following Hong Kong’s last year’s homecoming boom, overseas listed Southeast Asian companies are increasingly interested in a homecoming listing in a new home – Singapore.
When we opened news websites 14 hours ago, we found something horrible – major news sites were all down…from Bloomberg, FT to NYT. Websites of Reddit and even UK government were also inaccessible. 😱
Seems that there are fewer HK IPO stories than before in Morning Wrap? Arr… that’s not our fault – because Hong Kong’s IPO market is almost at its slowest pace since the 2008 financial crisis, per Bloomberg data.
The world’s largest SPAC is getting a deal now: it will buy 10% of Universal Music Group – the one behind Taylor Swift… perhaps the most complicated ever.