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capital markets

China approves ESR Group’s Reit IPO, letting real estate investment trust raise US$356 mn

by Anas Siddiqui
China approves ESR Group’s Reit IPO, letting real estate investment trust raise US6 mn

Hong Kong-listed ESR Group, an Asia-focused real estate services and investment company, said its application to list a real estate investment trust (Reit) has been approved by China’s securities regulator. …

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China-Middle East link is creating an ‘untapped world’ of investment potential, MSCI director says

by Anas Siddiqui
China-Middle East link is creating an ‘untapped world’ of investment potential, MSCI director says

China and the Middle East have the potential to revitalise their historical link through financial collaborations, but more mutual understanding is needed, according to Zhen Wei, a managing director at …

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Hong Kong’s moribund IPO market seen revived by deals from innovative, ‘unbelievably huge’ China companies: Citi

by Anas Siddiqui
Hong Kong’s moribund IPO market seen revived by deals from innovative, ‘unbelievably huge’ China companies: Citi

Hong Kong’s limping initial public offerings (IPO) market, dealt a crippling blow by rising interest rates and an aversion to Chinese assets, appears to be healing. Investors are tiptoeing back, …

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China’s securities watchdog revising investment-fund laws to boost accountability, confidence in line with 9 guidelines

by Anas Siddiqui
China’s securities watchdog revising investment-fund laws to boost accountability, confidence in line with 9 guidelines

China’s stock-market watchdog is actively revising the country’s long-standing securities investment fund law, with analysts anticipating increased accountability for fund managers and greater confidence among overseas investors. The work by …

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China’s market regulator launches 5 measures to help rescue Hong Kong’s battered stock market

by Anas Siddiqui
China’s market regulator launches 5 measures to help rescue Hong Kong’s battered stock market

The measures include plans to relax the eligibility criteria for exchange-traded fund (ETF) products in the Stock Connect mechanism that links the two financial hubs. The watchdog also aims to …

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Are you renting with no plans to buy? Here’s what the federal budget has for you

by Anas Siddiqui
Are you renting with no plans to buy? Here’s what the federal budget has for you

The federal government tabled its annual budget on Tuesday with a promise to open the door to homeownership for millennial and Gen Z renters. You’ll have to read the fine …

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Canada’s need to improve productivity has reached emergency level, says Bank of Canada official

by Anas Siddiqui
Canada’s need to improve productivity has reached emergency level, says Bank of Canada official

A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a …

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Canadian apparel maker Gildan Activewear is up for sale

by Anas Siddiqui
Canadian apparel maker Gildan Activewear is up for sale

Canadian clothing maker Gildan Activewear said on Tuesday that its board has decided to put the company up for sale following a review by a special committee. The embattled Montreal-based company says it received …

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Trans Mountain’s latest cost estimate climbs 10%, regulatory filing shows

by Anas Siddiqui
Trans Mountain’s latest cost estimate climbs 10%, regulatory filing shows

The company building the Trans Mountain pipeline expansion now estimates the project’s costs will come in 10 per cent higher than its May 2023 estimate of $30.9 billion. That’s according …

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Could Red Sea attacks reignite supply chain chaos?

by Anas Siddiqui
Could Red Sea attacks reignite supply chain chaos?

Shipping traffic through the Red Sea has “plummeted” as Houthi militants step up their attacks on vessels in the region. American-led airstrikes have done little to deter the disruption and now the …

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