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CICC’s performance in 2025 was anchored in equity capital markets, where it connected companies from the Greater Bay Area with international investors. It sponsored 41 Hong Kong IPOs with an aggregate lead underwriting amount of $7.9 billion, ranking first in the market. These included CATL’s $5.25 billion listing and the $1.35 billion IPO of Foshan…
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Key Takeaways A postdated check is a check written with a future date to indicate when to cash it. Postdated checks are generally legal, unless there is intent to defraud. If a postdated check is cashed early, it may still clear if there are enough funds in the account. If you need to write a…
Home Private Credit Private Credit Newsletter We strive to provide essential intelligence to our international audience of senior financial executives. As part of this mission, we have launched the new Private Credit newsletter and have expanded our coverage of Private Credit sector in our print and digital editions. The Hidden Risks of Payment-in-Kind BlackRock’s CEO…
The Los Angeles Lakers have new owners again. The team announced Wednesday that it has been sold to former Disney CEO Bob Iger and billionaire investor Josh Kushner for a record-breaking $12.5 billion. The sale comes less than a year after American businessman Mark Walter purchased the franchise. Walter’s $10 billion acquisition of the team…
Kroger plans to eliminate 3,000 corporate roles, memo shows, as it expands AI use