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12.10.26 - 12:06
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Few Hong Kong investors take interest in listing by Africa′s top phone maker Transsion (SCMP)
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Shenzhen Transsion Holdings drew a lukewarm response for its HK$3.36 billion (US$428 million) Hong Kong share offering, heightening worries over market sentiment for new listings in the fourth quarter.
The maker of Africa's bestselling phones closed its bookbuilding on Monday, with preliminary figures showing the offering attracted about 14,000 applications and was oversubscribed roughly 3.5 times, according to people familiar with the matter.
Retail participation in Hong Kong initial public......
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10.10.26 - 17:00
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How a South African billionaire is turning a corner of Somerset into ′one man′s estate′ (The Guardian)
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Koos Bekker's Newt estate encompasses luxury hotels, pubs and high street business, with local concerns including floodingWhen South African billionaire Koos Bekker bought an old country estate in a sleepy corner of Somerset to turn it into a luxury hotel, residents thought it was a sign their area was on the up.Walking through his peaceful manicured gardens, which feature a maze of apple trees twisted into perfect shapes using the espalier method, it's easy to feel that all is well in this quiet, picturesque pocket of England. Continue reading......
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