Billionaire investor seeking to take investment group public as early as the first quarter of next year
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Bill Ackman plots IPO of hedge fund Pershing Square in early 2026
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Hong Kong firms pick Saudi Arabia over mainland China for expansion: HSBC
Hong Kong businesses are increasingly turning to Saudi Arabia as their top choice for supply chain diversification amid changing trade conditions, according to an HSBC survey. Nearly a fifth of Hong Kong businesses identified Saudi Arabia as their preferred market to expand production, followed by mainland China at 14 per cent, according to the survey released on Thursday. Interest was strongest among technology, media and telecommunications firms. Favourable policies bolstered the trend, the… Source link