Tags: Hong Kong
Fuh Hwa Securities Granted Permit by Taiwanese Financial Regulator
The Taiwanese financial regulator had granted permission for Fuh Hwa Securities Investment Trust to form the yuan denominated mutual fund.
BYD Denies Share Sale
BYD, despite financial difficulties, denies share offer in the Hong Kong bourse. The Warren Buffett-Berkshire Hathaway backed Chinese automaker BYD Co Ltd denied a recent news report that the company is planning to sell new traded shares in Hong Kong's bourse.
Wal-Mart's UK Arm Plans to Bid for HMV
Walmart's ASDA to bid for beleaguered HMV. According to reports from the Telegraph, ASDA, the British division of US's biggest retailer Wal-Mart Stores Inc is contemplating a bid proposal for HMV, the former music retailer.
Beijing Automotive to Go Public
Beijing Automotive to sell shares at IPO by end of the year. One of the makers of Daimler AG and Hyundai Motor Co vehicles in Asia is Beijing Automotive Group Co.
