Liquidity drain from SpaceX’s mega listing unlikely to ripple into Hong Kong: JPMorgan
A liquidity drain caused by SpaceX’s gargantuan US share sale is unlikely to ripple into regional markets, including Hong Kong, thanks to global investors’ push to diversify and their growing interest in future profit stars, according to JPMorgan.
Hong Kong could still aim for the runner-up position in fundraising this year despite potentially giving up the global initial public offering (IPO) crown to New York, said Paul Uren, the US bank’s Asia-Pacific investment banking head, on...
- Kevin Warsh will be the first Fed chair sworn in at the White House in almost 40 years MarketWatch —
- Warsh to be sworn in as Fed chair at White House on Friday Korea Times —
- Trump to Swear In Warsh as Fed Chair on Friday, White House Says Bloomberg —
- Trump’s Fed pick to be sworn in at the White House, not the usual venue Washington Post —
- President Trump will host a swearing-in ceremony for incoming Federal Reserve Chair Kevin Warsh at the White House on Friday Wall Street Journal —