What’s Going On Here? Alibaba completed its share sale in Hong Kong, revealing $11 billion in hidden riches. What Does This Mean? Alibaba is actually already a public company: it raised a record $25 billion by selling shares in 2014. But it did so in New York rather than in the East because the Hong Kong Stock Exchange’s…
Tag: Hong Kong
Ep 25: Why Hong Kong Matters
What’s going on here? After weekend protests spilled (at times violently), we’re keeping a close eye on what exactly is going on in the global financial hub. The backstory Hundreds of thousands have taken to the streets to oppose a bill that would permit extradition from Hong Kong to mainland China, undermining the “one country, two systems”…
Ep 17: Hong Kong Pops A Pill
What’s Going On Here? China’s Hansoh Pharmaceutical raised $1 billion from its initial public offering – Hong Kong’s second-biggest this year – valuing the company at over $10 billion. Initial public offering is a company’s flotation on the stock exchange. What Does This Mean? Hansoh’s drug portfolio made up 63% of the entire Chinese pharmaceutical market last year – and includes…
with HT 