Hong Kong Exchanges and Clearing (HKEX) would proceed with its listing reform to allow confidential filings and a lower market capitalisation requirement, as part of the exchange operator’s plan to increase its international competitiveness, two sources told the South China Morning Post. The move would be a result of the exchange’s months-long consultations with market…
This week, markets saw a mix of policy shifts and corporate milestones. The Fed signalled caution with a rate cut, Nvidia’s value crossed US$5 trillion, and Amazon began one of its biggest workforce reductions yet. Meanwhile, Singapore’s Coliwoo readies its mainboard debut, and SGX RegCo took bold steps to make listings more flexible and future-ready….
By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) -Vietnam’s IPO market is heating up, fuelled by a share rally, regulatory changes and a credit splurge, but has failed to stir fresh interest from foreign investors despite the prospect that the market could be upgraded by index provider FTSE Russell. Last week brokerage Techcom Securities, a…