Nasdaq-listed NetEase kicks off Hong Kong stock sale of up to $3bn

Nasdaq-listed NetEase kicks off Hong Kong stock sale of up to $3bn

HONG KONG — Game developer NetEase began Hong Kong’s biggest stock sale so far this year on Monday, seeking as much as $3 billion in a listing as the U.S. weighs new rules that would push Chinese companies out of the New York market. The Nasdaq-listed...
Nasdaq-listed NetEase kicks off Hong Kong stock sale of up to $3bn

NetEase kicks off Hong Kong stock sale of up to $3bn

HONG KONG — Game developer NetEase began Hong Kong’s biggest stock sale so far this year on Monday, seeking as much as $3 billion in a listing as the U.S. weighs new rules that would push Chinese companies out of the New York market. The Nasdaq-listed...
Asia’s lead in virus recovery not showing in stock markets

Asia’s lead in virus recovery not showing in stock markets

HONG KONG/TOKYO — Asia’s head start over the rest of the world in reopening its coronavirus-hit economies is not reflected in the region’s share indexes, with recoveries lagging those in developed markets. The MSCI gauge of Asian equities ex Japan...