Tag: stocks

Wirecard shares slide over incomplete Singapore audit

Shares in German payments firm Wirecard fell Wednesday on revelations that a 2017 audit of its troubled Singapore unit could not be completed, but the firm denied a media report blaming accounting "irregularities". Hitting back at Tuesday's allegations by the German financial daily Handelsblatt, Wirecard...

Budweiser maker revives Hong Kong IPO plan with reduced ambitions

The maker of Budweiser and Stella Artois beers has revived plans to list its Asia unit in Hong Kong, saying it wants to raise almost $5 billion in what would be the world's second-biggest initial public offering this year. The decision by Belgium-listed Anheuser-Busch InBev...

China’s answer to Nasdaq set to begin trading

by Dan Martin / Lianchao LAN Trading begins Monday on a new Nasdaq-style technology board in Shanghai that represents one of China's most significant market reforms, and a potential weapon in its growing tech rivalry with the United States. Twenty-five stocks will debut on the Shanghai...