Bloomberg China’s securities regulator announced new curbs on how much and often the country’s public companies can issue new shares, amid concerns that a faster pace of initial public offerings will drag down the stock market. The number of shares issued in private placements can’t be more than 20 percent of a company’s total shares, the China Securities Regulatory …

  Bloomberg Billionaire Richard Li’s PCCW Ltd. plans to sell a HK$8.53 billion ($1.1 billion) stake in telecommunications unit HKT Trust & HKT Ltd., amassing cash as the Hong Kong tycoon shifts into greater media investments. The shares of both companies fell. PCCW will sell 840.7 million shares of Hong Kong’s largest phone company for HK$10.15 apiece, it said in …

  Bloomberg Singapore’s government has a message for anyone expecting great things following Friday’s surprise growth bounce: don’t hold your breath. The city-state’s economy will still only expand between 1 percent and 3 percent this year, policy makers said after fourth-quarter growth burst in at an annualized 12.3 percent — the fastest pace in more than five years. They had …