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Hong Kong’s top IPO­­­s bring worst returns

Bloomberg Hong Kong’s hottest initial public offerings have produced the worst returns for investors this year, while the least popular deals have fared far better. Ping An Healthcare and Technology Co., in which retail investors placed orders for 654 times the shares initially available, has tumbled 37 percent since it started trading in May. Biotechnology firm Ascletis Pharma Inc., whose ...

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Brexit makes London property market outlook hard to read

Bloomberg London’s biggest office landlords face an unprecedented situation: a political fork in the road that could send the real estate market in polar opposite directions. Developers such as Land Securities Group Plc, British Land Co and Great Portland Estates Plc bet on the way the market will look years in the future when they green light plans to buy ...

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Tech tax advocates prepare last-ditch push for EU deal

Bloomberg Proponents of a tax on the European revenue of tech giants are preparing a last-ditch push for a deal this week, amid continuing resistance to a levy that divides the region’s governments and threatens to fragment its single market. European Union envoys in Brussels will discuss the latest compromise proposal on Wednesday, said a person familiar with the matter. ...

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