@WSJ reporter, covering Asia banking and finance. julie.steinberg@wsj.com. Opinions are my own, not my employer's.

Hong Kong Tribunal Rules Against U.S. Short-Seller Andrew Left

wsj.com — News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Market Misconduct Tribunal finds Left was 'reckless' or 'negligent' in spreading information HONG KONG-A Hong Kong tribunal found a U.S. short seller was "reckless or "negligent" for spreading false and misleading information about a Chinese property developer.

Hong Kong Securities Regulator Fines Morgan Stanley $2.4 Million

wsj.com — HONG KONG-Hong Kong's securities regulator on Wednesday fined and publicly reprimanded an Asian unit of Morgan Stanley for the failure of its internal controls related to trading, among other things. The Securities and Futures Commission fined Morgan Stanley Hong Kong Securities Ltd.

China’s Postal Savings Bank Close to Securing $2 Billion Cornerstone Investment for IPO

wsj.com — HONG KONG-Postal Savings Bank of China Corp., the world's biggest initial public offering planned this year at more than $7 billion, is setting sail with a $2 billion backing from another Chinese state firm. Postal Savings is close to securing a roughly $2 billion cornerstone commitment from China State Shipbuilding Corp.

Anbang life-insurance unit plans IPO

marketwatch.com — HONG KONG - Anbang Insurance Group Co. plans an initial public offering of its life-insurance unit, a move that could increase disclosure at the opaque Chinese insurer that made an aborted $14 billion bid for Starwood Hotels & Resorts Worldwide Inc. this year.

Anbang Insurance Plans IPO for Life-Insurance Unit

wsj.com — HONG KONG-Anbang Insurance Group Co. is planning an initial public offering of its life-insurance unit, a move that will increase disclosure at the secretive company as it tries to become a global player, according to people familiar with the matter.

Chinese Buyers Push Into Global Plane-Leasing Market

wsj.com — China is eagerly pushing into the big business of buying planes to lease to airlines as the country's travelers go abroad. Chinese buyers are elbowing in on the territory of General Electric Co. and Japanese banks, showcased most recently by a potential $4 billion deal to acquire the plane-leasing arm of U.S.

HSBC profit falls as bank plans $2.5 billion buyback

efinancialnews.com — Earnings dropped amid "considerable uncertainty" in the first half of the year, said chief executive Stuart Gulliver. The British bank said Wednesday its second-quarter net profit plunged 40% to $2.61 billion. Profit before tax dropped 45% to $3.61 billion in the quarter.

Chinese Buyers on Acquisition Spree Eye Insurance Firms

wsj.com — HONG KONG-For Chinese bidders shopping overseas there is a new must-have: an insurance company. The latest example is a $1 billion bidding war for Singapore-based Asia Capital Reinsurance Group Pte. Ltd. All three of the leading bidders are backed by Chinese money.

China’s Hunger for Entertainment Spurs Deals Abroad

wsj.com — China's red-hot surge in overseas acquisitions has grabbed headlines in 2016. And one fast growing-though still relatively small-segment has been investments in everything from film studios to sports franchises. The reason: China's rapidly growing consumer class is hungry for entertainment, and buying abroad is one quick way to get it.

China’s Postal Savings Bank Presses Ahead With Over $7 Billion IPO

wsj.com — Postal Savings Bank of China Corp. is gearing up for what could be the biggest initial public offering in the world so far this year at more than $7 billion, at a time when the market for new listings is in its slowest period since the global financial crisis.
More Articles →
Aug 27, 2016

Why Citron Case Leaves Hong Kong investors squeezed -- Heard on the Street  http://on.wsj.com/2cfNdJB  via @WSJ

Aug 24, 2016

RT @JillFilipovic: Prepare to be infuriated. Dinisha Ball was raped in Houston. It took 9 hours & 3 hospitals for her to get a rape kit htt…

Aug 23, 2016

RT @AlecMac11: China’s Postal Savings Bank close to securing $2 billion cornerstone investment for IPO  http://on.wsj.com/2byL5rc  w/@JBSteins

Aug 22, 2016

RT @sarahkendzior: In other news, Americans are having a heated economic debate with the Keebler cookie elf https://t.co/46sR9RY0mV


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