24 May '11, 9pm

Glencore shares to start trading in Hong Kong

Glencore shares to start trading in Hong Kong

HONG KONG: Shares in commodities giant Glencore were set to start trading in Hong Kong on Wednesday, a day after the world's biggest initial public offering this year drew a tepid response on its London debut. Switzerland-based Glencore, the world's biggest commodities trader by revenue with $145 billion in 2010, has raised about $10 billion in a dual listing in London and Hong Kong, valuing the business at nearly $60 billion. Trading on the Hong Kong bourse was scheduled to begin on Wednesday morning, after shares in London sank to 525 pence ($8.49) at close on Tuesday, or 0.84 percent below its IPO price of 530 pence each. The float had been among the most anticipated of the year, allowing investors to tap the surging commodities market driven by demand from Asia, particularly China and India, for resources to power their economies. The commodities behemoth has said it h...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

Tweets

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sg.news.yahoo.com 25 May '11, 11am

Hong Kong has banned trawl fishing in its waters, a decision welcomed by conservationists Friday as a crucial move to save...

Rich-Richer, Poor-poorer!- Exam-obsessed Hong Kong makes celebrity tutors rich (via ST iPhone App) #fb

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straitstimes.com 30 May '11, 5am

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Hong Kong IPO Pipeline - May 31: Reuters) - The...

sg.news.yahoo.com 31 May '11, 4am

HONG KONG - May 31 (Reuters) - The following are some of the major companies planning initial public offerings on the Hong...

Small amount of radioactive iodine-131 has been found in a sample of fish taken from a wholesale market in Hong Kong

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straitstimes.com 28 May '11, 1am

Hong Kong has been monitoring radiation levels in the city's food and water supply and atmosphere in the wake of the crisi...

Prada gets nod for US$2b Hong Kong IPO: report

Prada gets nod for US$2b Hong Kong IPO: report

channelnewsasia.com 20 May '11, 5pm

HONG KONG : Italian luxury fashion house Prada has been given the green light to launch an initial public offering in Hong...

Exam-obsessed Hong Kong makes celebrity tutors ...

channelnewsasia.com 30 May '11, 5am

HONG KONG: Cut-throat competition for exam success in Hong Kong's high-pressure education system has spawned a new breed o...

HK, Singapore bosses ranked the most demanding in the Asia-Pacific region: Survey

HK, Singapore bosses ranked the most demanding ...

straitstimes.com 24 May '11, 2am

Bosses in Hong Kong were found to be among the most demanding in the Asia Pacific, a survey found. -- ST POSED PHOTO: ALAN...

Hundreds join Tiananmen democracy march in Hong...

straitstimes.com 29 May '11, 10am

About 1,000 pro-democracy supporters marched in Hong Kong on Sunday to call for justice for the victims of the bloody 1989...

DTN Singapore: Australia's Resourcehouse to shr...

channelnewsasia.com 03 Jun '11, 5pm

HONG KONG : Australian miner Resourcehouse may cut the size of a Hong Kong share sale originally slated to raise $3.6 bill...

Lifestyle - Hong Kong auction record for China ...

straitstimes.com 31 May '11, 2pm

HONG KONG - A COLLECTION of 25 works by Chang Dai-chien, one of China's leading 20th century artists, sold at auction on T...

Prada to raise up to US$2.6b in Hong Kong IPO

channelnewsasia.com 06 Jun '11, 5am

HONG KONG: Italian luxury fashion house Prada is set to raise as much as US$2.6 billion after setting the price range for ...

Flextronics shares rise as analyst upgrades sto...

sg.news.yahoo.com 25 May '11, 5pm

SAN FRANCISCO (AP) — Shares of Singapore-based electronics manufacturer Flextronics International Ltd. climbed Wednesday a...

Hong Kong tycoon Li urges further land supply

Hong Kong tycoon Li urges further land supply

channelnewsasia.com 20 May '11, 12pm

HONG KONG : Hong Kong billionaire Li Ka-shing on Friday urged the government to further boost land supply, saying it was t...