China
China auditors ban may lead Chinese firms to list in Hong Kong than New York- report
A ruling from a US court that banned the affiliates of the four biggest accounting firms may lead Chinese companies to seek an IPO in Hong Kong than in New York, Bloomberg reported.
Actavis exits stake in China joint venture to Chiral
Dublin, Ireland-based pharmaceutical firm Actavis sold its stake in Chinese subsidiary Actavis (Foshan Pharmaceutical Co) for an undisclosed sum because of its limited presence in the country.
PCA Investments to close hedge fund after CIC takes out backing- sources
PCA Investments have decided to close a multistrategy hedge fund after China's sovereign wealth fund China Investment Corp withdrew its support, according to sources interviewed by Bloomberg.
Survey shows improving Japanese sentiment, equities lifts regional investor sentiment
The latest Manulife Investor Sentiment Index for Asia showed that an improved investor sentiment in Japan and an improving view towards equities brought up the investor sentiment in the Asian region.