World
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Greater China
Many Chinese funds want to get exposure to European and US investors and also need to build offshore structures.
The purchases helped China’s CSI300 blue-chip index bounce back roughly 14% from five-year lows hit in Feb.
The investment link between mainland China and HK will be broadened to include REITs and yuan stocks.
India
Tata Sons must be listed on or before September 2025 to adhere to an RBI regulation.
HHLR was placed under investigation last November for a possible violation of share transfer rules.
This is Ola’s second attempt at an IPO after a 2021 plan to raise up to $1 billion was canned.
Tech IPO applicants are expected to shore up investor confidence in the Asian financial hub.
Vietnam
The share sale may take place early next year if market conditions are conducive.
The duo had launched an asset management venture last year.