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18.06.26 - 15:51
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AM Best Affirms Credit Ratings of PT Asuransi Astra Buana (Business Wire)
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SINGAPORE--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent), the Long-Term Issuer Credit Rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) of PT Asuransi Astra Buana (Asuransi Astra) (Indonesia). The outlook of these Credit Ratings (ratings) is stable.The ratings reflect Asuransi Astra's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. The ratings also factor in a neutral impact from Asuransi Astra's ultimate parent, Jardine Matheson Holdings Limited (Bermuda).Asuransi Astra's balance sheet strength is underpinned by its risk-adjusted capitalisation, as measured by Best's Capital Adequacy Ratio (BCAR), which was at the strongest level at year-end 2025, and is expected to remain at this level over the medium term. The company has consistently demonstrated robust internal capital gener...
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18.06.26 - 07:00
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UBS Cuts FOSUN INTL TP to HKD4.4, Maintains Neutral (AAStocks)
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UBS published a research report noting that FOSUN INTL (00656.HK) has rebounded 12% cumulatively since February. Management's medium-term targets are to improve profitability, reduce leverage and enhance shareholder returns. The broker expects that further upside in the share price will depend on the execution of business value-......
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16.06.26 - 07:24
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Jardine Matheson to buy back $500M in shares (Bloomberg)
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Lincoln Pan, CEO at Jardine Matheson Holdings, announced a strategic blueprint that includes a share buyback, boosting returns and adding exposure to developed markets. He speaks exclusively on "Bloomberg: The China Show." (Source: Bloomberg)...
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12.06.26 - 03:15
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Shun Tak China Travel Acquires Chinese Junk "Dukling" (AAStocks)
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Shun Tak China Travel announced the acquisition of Hong Kong's only surviving and most historic Chinese junk, "Dukling", aiming to revitalize and preserve Hong Kong's maritime cultural heritage, pass on the city's historical legacy, and share Hong Kong's story with the world.Built in 1955, "Dukling" is the most historic survivin......
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10.06.26 - 08:06
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Hong Kong debt market heats up as Tencent, Swire raise US$5.2b in multi-currency deals (SCMP)
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Hong Kong's debt market is surging, with Tencent Holdings and Swire Pacific raising more than US$5.2 billion in fresh funding, underscoring the city's growing role as an international bond hub.
The issuers, ranging from China's tech champion to one of its oldest conglomerates, offered bonds across multiple currencies – US dollars, offshore yuan and Hong Kong dollars – highlighting the breadth of Hong Kong's fundraising platform.
Tencent unveiled on Wednesday a dual-currency bond package worth......
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09.06.26 - 08:18
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MDP Enters OLIVE YOUNG (PR Newswire)
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MDP launched four key SKUs at OLIVE YOUNG Pasadena, which opened on May 29. Additional rollout planned for the upcoming OLIVE YOUNG Century City location in mid-June. SEOUL, South Korea, June 9, 2026 /PRNewswire/ -- MDP, MEDIPEEL's U.S. market brand, is expanding its offline retail......
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09.06.26 - 06:30
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SUPERACTIVE GP Receives Demand Letters, Shun Tak Centre Property Subject to Forced Sale (AAStocks)
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SUPERACTIVE GP (00176.HK) announced that in relation to term loans granted by HANG SENG BANK and secured by assets of the Company, Shaoxuan and Guoxun, including properties held by Shaoxuan and Guoxun at Units 1501, 1502, 1510, 1511, 1512A and 1512B, West Tower, Shun Tak Centre, 168-200 Connaught Road Central, Sheung Wan, the Co......
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03.06.26 - 04:06
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Jardine Seeks $1 Billion Loan to Buy Aussie Imaging Firm I-MED (Bloomberg)
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Hong Kong's Jardine Matheson Holdings Ltd. is seeking to an around A$1.5 billion ($1.1 billion) loan to fund its takeover of Australian medical diagnostic imaging provider I-MED Radiology Network Ltd., according to people familiar with the matter, as it looks to expand its portfolio....
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