China’s energy-drinks giant Eastroc Beverage neither rose nor fell in its debut in Hong Kong on Tuesday amid investor caution following regulatory scrutiny of poor-quality listing applications. Shares of the Shenzhen-based company, which makes an alternative to Red Bull, opened at HK$248, matching the offer price. Eastroc raised HK$10.14 billion (US$1.3 billion) by issuing 40.89…
(Reuters) -Timmy Davis, the former U.S. ambassador to Qatar, has joined Irth Capital Management as president and partner, the global alternative asset management firm said on Monday. A three-decade veteran in foreign policy and diplomacy, Davis served as the U.S. envoy to Qatar, which Washington considers a strong ally in the Gulf, from 2022 until…
A venture capital firm backed by Qatar’s sovereign wealth fund is taking a minority stake in an AI-powered logistics technology start-up backed by Hong Kong’s wealthiest man, as it looks for investment opportunities in the Greater China region to more than triple its assets under management by the end of 2025. Doha-based Rasmal Ventures, backed…
Hong Kong Chief Executive John Lee Ka-chiu has started his official visit to Qatar, meeting the Gulf nation’s leader, prime minister and head of its sovereign wealth fund on Sunday. The government released photos of Lee meeting the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, and separately the prime minister and foreign affairs…