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Morgan Stanley maintains a bullish outlook on Pop Mart International Group, even as the company experiences a 10% dip in its stock price. The U.S. investment bank sees this slump as a potential buying opportunity, driven by Pop Mart’s robust growth trajectory…
In a striking display of resilience in Hong Kong’s luxury real estate market, two units within the Deep Water Pavilia development, nestled in the Wong Chuk Hang neighborhood, recently changed hands for a remarkable average of HK$45,440 per square foot…
US-based bank Morgan Stanley gives a former McKinseyan responsibility for funds distribution in German-speaking countries in Europe. Sebastian Roemer is the new distribution head for Morgan Stanley Investment Management in the German, Austrian, and Swiss…
Morgan Stanley is the latest Wall Street lender to provide reimbursements for Hong Kong staff traveling to visit immediate family, outdoing J.P. Morgan’s recently announced Covid benefits by $100. Morgan Stanley will provide a one-time reimbursement to Hong…
Morgan Stanley’s chief executive of China will reportedly retire after nearly two decades with the American lender. Wei Sun Christianson will retire from her role as China CEO and APAC co-CEO – roles she held since 2006 and 2011, respectively – according to a…
Morgan Stanley is the latest global bank to add exposure to mainland China’s financial sector with increased ownership in two joint ventures. Morgan Stanley will buy stakes in its securities and mutual fund joint ventures, according to a company filing with…
Indian e-commerce giant Flipkart has closed a US$1 billion funding round, with plans to raise an equal amount over the next few months. Investors who have contributed to this round include eBay, Microsoft and Tencent Holdings, Bloomberg reports. The funding…
Private equity firms Carlyle Group and TPG Capital have teamed up with two different Chinese state companies to bid for the McDonald’s China and Hong Kong franchise licences. The deal is said to be worth between US$2 billion and US$3 billion, reports the…
Beijing Tourism Group, ChemChina and Sanpower are among bidders for McDonald’s China restaurants and the 20-year master franchise covering China and Hong Kong. The deal is said to be worth about US$3 billion, and bids close on Monday. Restrictions on the…
