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Tag: stock market

Posted on 01/09/2020

Singaporean fintech firm Atlantis launches digital bank in India

Eyeing the USD 15.7 billion global millennial banking industry, Atlantis, a Singapore-headquartered fintech company has announced the launch of Neo-Bank for Gen Z and millennials, Atlantis said in a ... ( read original story ...)

Posted on 31/08/2020

GFL Lockup Set to Expire With Shares Hovering Below IPO Price

A lockup associated with GFL Environmental Inc.’s initial public offering is set to expire ahead of Monday’s trading session with the shares in a recent slump.GFL sold 75 million subordinate voting ... ( read original story ...)

Posted on 31/08/2020

HKEX’s Charles Li wants to create another wave of mega IPOs in Hong Kong to stay ahead of Nasdaq in next market reforms

Hong Kong's stock market operator is keen to create another wave of mega stock offerings by mainland China's new-economy companies in the city by further tweaking its listing rules, its chief Charles ... ( read original story ...)

Posted on 31/08/2020

Nongfu Spring raises $1.1 bln in Hong Kong IPO – sources

Chinese drinks producer Nongfu Spring will raise nearly $1.1 billion in its Hong Kong initial public offering (IPO) after pricing its shares at HK$21.50 each, according to two sources with direct ... ( read original story ...)

Posted on 31/08/2020

S’pore aims to work more closely with Guangdong in finance, talent exchange and aviation: Ong Ye Kung

Singapore aims to deepen collaboration with China's Guangdong province in several key areas, including in financial services, talent exchange and aviation.. Read more at straitstimes.com. ( read original story ...)

Posted on 29/08/2020

Malayan Banking Berhad, Singapore Branch — Moody’s announces completion of a periodic review of ratings of Malayan Banking Berhad

Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Malayan Banking Berhad (Maybank) and other ratings that are associated with the same analytical unit. The review ... ( read original story ...)

Posted on 29/08/2020

Singapore Will Seek to Boost Revenue After Drawing Down Reserves

Singapore will take steps to strengthen its revenue position to face a challenging fiscal environment caused by the Covid-19 pandemic, which has already led the country to draw deep from its past ... ( read original story ...)

Posted on 28/08/2020

Shell to Adopt Digital Twin Technology at Singapore Refinery

Shell (RDS.A) is committed to convert Singapore's Bukom and Jurong Island into a globally competitive spot by coalescing human capabilities with advanced digitalization technologies. ( read original story ...)

Posted on 28/08/2020

Is India getting bullied by Singapore in accepting Gift City truce?

Singapore has over the years emerged as a top International Finance Centre (IFC) and the Singapore Exchange (SGX) has found a successful niche in licensing of indices from other jurisdictions such as ... ( read original story ...)

Posted on 27/08/2020

AIP, Tokyu Land Plan REIT IPO for Australian Properties

Any deal would add to the $4.1 billion of property trust IPOs in Singapore over the last three years, data compiled by Bloomberg show. So far this year, the city-state has hosted two REIT listings ... ( read original story ...)

Posted on 26/08/2020

Ant Group’s mega IPO will reward staff and early investors, including the businesses of two of Hong Kong’s wealthiest families

The Lis and Tungs invested in Ant Group in the fintech company’s US$14 billion private-equity funding round in 2018 before it filed its dual-listing application on Shanghai’s Star Market and in Hong ... ( read original story ...)

Posted on 26/08/2020

Brazil’s Rede D’Or hires banks for IPO, seeks to raise up to $2.72 bln -newspaper

Brazilian hospital group Rede D’Or São Luiz has hired banks for a proposed initial public offering (IPO), the Valor Econômico newspaper reported on Wednesday citing two unnamed sources. SAO PAULO, Aug ... ( read original story ...)

Posted on 26/08/2020

UBS says the Singapore market is currently ‘undervalued’

Singapore's market has "done really badly" so far this year and there is currently "a lot of value" in some of its stocks, says Kelvin Tay of UBS Global Wealth Management. ( read original story ...)

Posted on 26/08/2020

Ant Group files for IPOs in Hong Kong and Shanghai

Ant plans to raise more than US$20 billion from the dual listing, which could even reach US$30 billion if market conditions allow. ( read original story ...)

Posted on 26/08/2020

Singapore’s market is ‘undervalued’ at the moment, says UBS

Singapore's Straits Times Index is among Asia's worst performing indexes so far in 2020. It is still down more than 21% year to date as of Wednesday afternoon Singapore time, according to Refinitiv ... ( read original story ...)

Posted on 26/08/2020

Banking-related phishing scams spike more than 2,500% in first half of 2020

SINGAPORE: The total number of banking-related phishing scams increased by more than 2,500 per cent in the first half of this year to 898 cases, ... ( read original story ...)

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