Chinese-American billionaire investor Duan Yongping, often called China’s Warren Buffett, has added 30,000 shares of Shanghai-listed baijiu maker Kweichou Moutai to his portfolio in his third public stake increase this year amid a deep sector-wide adjustment. Moutai’s premium valuation has long relied heavily on corporate and social gifting demand. Yet stricter supervision, more prudent corporate spending and ongoing anti-corruption efforts in recent years have dented demand, according to...
Read full articleSingapore’s central bank has selected five international asset managers to handle S$1.45 billion (US$1.3 billion) in locally focused equity strategies, making its latest effort to revive the city state’s stock market amid sharpening rivalry with regional financial hub Hong Kong. Amundi, Franklin Templeton, HSBC Asset Management, M&G Investments and Natixis Investment Managers were named on Tuesday as part of the third batch of mandates awarded under the Monetary Authority of Singapore’s (MAS)...
The Philippine government"s outstanding debt hit a new record high of P19.606 trillion as of the end of August, up 1.12% from the previous month, the Bureau of the Treasury (BTr) reported.
Thailand’s flooding has moved from a regional disruption to a direct hit on two major pillars of the economy: automotive manufacturing and air cargo
The Philippines fell two spots in a global ranking of economies based on their innovation capabilities, according to this year"s Global Innovation Index (GII) released by the World Intellectual Property Organization (WIPO).
Telecommunications firm Globe Telecom Inc. has secured a positive assessment from global investment bank Morgan Stanley ahead of Mynt's initial public offering.
Funds raised through Hong Kong initial public offerings (IPOs) doubled in the first nine months of 2026, reaching the highest level for the period since records began in 1980. A total of 112 companies raised US$48.4 billion on Hong Kong’s main board during the first nine months, according to data released by LSEG Data & Analytics on Wednesday. A further two companies listed on the city’s Growth Enterprise Market (GEM). By deal count, the combined total of 114 new listings on the main board and...
Hong Kong’s efforts in advancing the city’s innovation and technology (I&T) industry have been highlighted in a number of international surveys in recent years. One of the most recent was the International Institute for Management Development’s “World Competitiveness Ranking 2026”, which placed Hong Kong second among 70 economies worldwide. The city is also part of the Shenzhen-Hong Kong-Guangzhou innovation cluster, which retained first place globally in the World Intellectual Property...
Health plan provider Intellicare on Wednesday said it paid out P9.35 billion in healthcare benefits and claims in the first half of 2026.
The National Food Authority (NFA) on Wednesday said it is expanding its warehouse capacity in Tarlac to allow the agency to procure more palay (unhusked rice) from local farmers.
We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. As Chinese carmakers diversify beyond CATL, Beijing warns of market overreaction A publication under China’s industry ministry has pushed back against market chatter of “de-CATLisation” as a growing number of the battery giant’s automotive partners diversify their suppliers, with the...
Mainland China-based printed circuit board (PCB) maker Suzhou Dongshan Precision Manufacturing has cleared its final listing hurdle in Hong Kong and is moving towards a share sale that may rank among the city’s largest initial public offerings (IPOs) in the fourth quarter, according to people familiar with the matter. The company passed its listing hearing with bourse operator Hong Kong Exchanges and Clearing (HKEX) recently, the people said, requesting anonymity because the information was...