Hong Kong


Bloomberg - Hong Kong regulator IPO warning

Hong Kong City

The enforcement chief of Hong Kong’s securities regulator said some sponsors of initial public offerings in the city have been “extremely reckless,” signaling more penalties to come after the regulator slapped a ban on UBS’s local unit this month.

Reuters - Business as usual at UBS

UBS sign

UBS has told staff that it is “business as normal”, after the Swiss bank revealed on Friday it is fighting an 18-month suspension in Hong Kong from leading initial public offerings (IPOs).