Sumeet Chatterjee
Stories by Sumeet Chatterjee
HSBC probes China Pinnacle wealth business on costs and control
The lender is looking at staff salary structures and probing whether suppliers inflated expenses.
Richard Li’s FWD Group targets $9b valuation in new HK listing plan: report
FWD had targeted a valuation of at least $10b in 2022, sources told Reuters.
HSBC to improve ties with HK unit Hang Seng Bank to mitigate risk
Hang Seng's top executives will be more closely involved in its parent's Asia-Pacific risk management discussions
Hong Kong’s IPO market seen bouncing back as 100 firms line up for share sale
Roughly $6b has been raised via 50 IPOs so far this year in the Asian financial hub.
India’s Mahindra said to be in talks with green funds, PEs to raise up to $500m in EV push
Mahindra's EV unit, for which it is raising the funds, was valued at $9.1b in July.
China real estate property crisis casts shadow over property management units
Already battered share prices have fallen a further 7% this month
HSBC set to push back against Ping An breakup proposal
HSBC is set to speed up its exit from non-core markets and deploy additional capital in Asia
Two senior Grab execs quit as company rejigs unit to stem losses
Grab narrowed its loss in the first quarter.
China Evergrande shares fall after chairman cuts stake
Evergrande has been scrambling to raise capital as it grapples with more than $300 billion in liabilities.
China’s TAL Education expects hit from new private tutoring rules
China's for-profit education sector has been under scrutiny as part of Beijing's push to ease pressure on school children and reduce a cost burden on
