Scott Murdoch

Sunday 30 Mar 2025

26 Mar 2025, 08:00 am

China's CATL Hong Kong listing approved, could raise at least US$5b — ReutersSYDNEY/BEIJING/SHANGHAI (March 26): Chinese battery giant CATL said it had received approval from China's securities regulator for a share sale in Hong Kong that sources have said could raise at least US$5 billion (RM22.12 billion), the largest listing in the city for four years.

By Scott Murdoch & Liz Lee / Reuters

26 Mar 2025, 08:00 am

China Focus

24 Mar 2025, 08:00 am

China equity issuance doubles as tech race draws back global investorsGlobal investors are increasingly re-rating mainland China's stock markets after two years of sitting on the sidelines, which bankers said will help drive renewed activity in a market where equity issuance doubled in January-March versus a year earlier.

By Scott Murdoch / Reuters

24 Mar 2025, 08:00 am

Analysis

21 Mar 2025, 08:00 am

China's criticism of Hutchison ports deal raises stakes for TikTok US saleBeijing's criticism of Hong Kong conglomerate CK Hutchison's move to sell its ports business is a precursor to heightened political scrutiny of other major Chinese business divestments involving American buyers, analysts say.

By Julie Zhu, Saeed Azhar & Scott Murdoch / Reuters

21 Mar 2025, 08:00 am

M&A

05 Mar 2025, 08:00 am

Trump hails 'reclaiming' of Panama Canal after BlackRock-led group's deal to buy stakeUS President Donald Trump has hailed a deal led by US firm BlackRock to buy most of the US$22.8 billion (RM101.2 billion) ports business of Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal.

By Clare Jim & Scott Murdoch / Reuters

05 Mar 2025, 08:00 am

Highlight

04 Mar 2025, 08:00 am

China's BYD raises US$5.6b in share sale, Hong Kong's largest in four yearsChinese electric vehicle maker BYD said on Tuesday it had raised US$5.59 billion (RM24.96 billion) in a primary share sale that was increased in size, making it the largest of its kind in Hong Kong in four years.

By Scott Murdoch / Reuters

04 Mar 2025, 08:00 am

IPO

21 Feb 2025, 08:00 am

Chinese bubble tea chain Mixue aims to raise US$443 mil in Hong Kong IPOSYDNEY/BEIJING/BENGALURU (Feb 21): China's largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion (US$443.66 million, or RM1.96 billion) in a Hong Kong initial public offering (IPO), a regulatory filing showed on Friday.

By Scott Murdoch, Sophie Yu & Roshan Thomas / Reuters

21 Feb 2025, 08:00 am

China Focus

18 Feb 2025, 08:00 am

HSBC cuts 40 dealmakers in Hong Kong as part of revamp to cut costs — ReutersHSBC has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a global restructuring exercise at the Asia-focused lender to cut costs.

By Selena Li & Scott Murdoch / Reuters

18 Feb 2025, 08:00 am

Highlight

14 Feb 2025, 08:00 am

HSBC to unveil US$1.5b of annual cost savings on Feb 19 — reportHSBC is preparing to report US$1.5 billion (RM6.6 billion) of annual cost savings from the changes implemented under its broad restructuring initiatives, the Financial Times reported on Thursday.

By Scott Murdoch & Kanjyik Ghosh / Reuters

14 Feb 2025, 08:00 am

IPO

10 Feb 2025, 08:00 am

China bubble tea maker Guming raises US$232 mil in IPO, term sheet showsSYDNEY (Feb 10): Chinese bubble tea firm Guming has raised US$232 million (RM1.03 billion) in a Hong Kong initial public offering (IPO), after setting the price of its shares at the top of an indicated range, according to a term sheet.

By Scott Murdoch / Reuters

10 Feb 2025, 08:00 am

IPO

05 Feb 2025, 08:00 am

South Korean tech services firm LG CNS drops in market debutSEOUL (Feb 5): South Korea's LG CNS shares fell from the initial public offering (IPO) price in their trading debut on Wednesday, as the country's largest stock listing in three years failed to arrest the recent trend of weak debuts.

By Joyce Lee & Scott Murdoch / Reuters

05 Feb 2025, 08:00 am

Making a bold move in Kota Kinabalu

Man of the house

Myanmar quake death toll passes 1,600, as junta lets in foreign rescuers

Young man rescued from Cambodia job scam repatriated to Malaysia

Festive season airfares to Sabah, Sarawak remain low, controlled — Loke

US to revoke authorisations to foreign partners of Venezuela's PDVSA — Reuters

Young man rescued from Cambodia job scam repatriated to Malaysia

Festive season airfares to Sabah, Sarawak remain low, controlled — Loke

Myanmar quake death toll passes 1,600, as junta lets in foreign rescuers

Man of the house

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