Alibaba to resume Hong Kong IPO plan as soon as November
Alibaba Group Holding Ltd. (NYSE: BABA) is deciding between launching a sharply reduced $10 billion Hong Kong share sale in November or delaying the deal till next year as global uncertainty mounts.
Why Should We Pay Attention This IPO Stock Today? ESR Cayman (1821.HK)
The second-largest IPO in the city this year, ESR Cayman started off with a 6% increase on their debut in HKEX. The company managed to raise $1.6 billion after pricing its IPO at HK16.80 per share and around the midpoint of its expected range of between HK$16.20 and HK$17.40.
3 Stocks to Benefit from Robust Domestic Consumption
Although some investors may be worried about the impact of the trade friction on China’s economy, one thing many would be pleased to know is that domestic demand remains resilient. As domestic demand continues to play a critical role in the Chinese economy, here are 3 stocks that ride on this theme.