Capital markets
Researchers at Northeast Normal University have discovered that investors are indeed influenced by the textual information in IPO prospectuses, with certain disclosure characteristics significantly associated with IPO pricing outcomes. The study, which analyzed data from companies listed on China's STAR and ChiNext markets from 2009 to 2022, found
Capital markets
Researchers at Northeast Normal University have discovered that investors are indeed influenced by the textual information in IPO prospectuses, with certain disclosure characteristics significantly associated with IPO pricing outcomes. The study, which analyzed data from companies listed on China's STAR and ChiNext markets from 2009 to 2022, found
Capital markets
This November is set to be one of the busiest periods for startups listing on the Indian bourses, with companies like Lenskart, Groww, and Pine Labs collectively raising over Rs 20,000 crore through IPOs. New-age companies such as Meesho, Boat, Shadowfax, and Wakefit are also in the queue to
Capital markets
The Securities and Exchange Board of India (SEBI) has proposed significant changes to the mutual fund fee structure, which has sent shockwaves through the market. The regulator wants to trim mutual fund fees, cap brokerage, and exclude government levies such as STT, GST, CTT, and stamp duty from expense ratio
Capital markets
Bangladesh's capital market is facing an unprecedented crisis, with the initial public offering (IPO) market remaining virtually inactive for over 18 months. Despite repeated instructions from Chief Adviser Muhammad Yunus to boost activity, no new company has gone public since March 2024. Market analysts warn that this is
Capital markets
A new report by the Africa Finance Corporation highlights the need for Africa to unlock its internal wealth to finance its infrastructure ambitions, with $4 trillion in domestic capital estimated to be lying dormant. The report cautions that shallow capital markets, weak financial intermediation, and institutional bottlenecks are constraining the
Economic growth
India would need a substantial $4.5 trillion in infrastructure investment by 2030 to sustain its growth ambitions, Pension Fund Regulatory and Development Authority (PFRDA) chairman Sivasubramanian Ramann said. This investment would have a multiple effect on economic growth, and the country is seeking deeper capital markets commitments to such
Economic growth
The House Financial Services Committee, under the leadership of Rep. French Hill (R-Arkansas), is focused on advancing a series of bills aimed at fostering economic growth, innovation, and stability in the financial system. These bills will strengthen the banking system, make capital markets more efficient, and protect the system from
Economic growth
The Financial Conduct Authority (FCA) has published Policy Statement PS25/9, introducing new rules for public offers and admissions to trading under the Public Offers and Admissions to Trading Regulations 2024 (POATRs). This reform aims to simplify capital raising, lower admission costs, and increase participation in capital markets for smaller
Economic growth
The U.S. House of Representatives Committee on Financial Services has successfully reported 11 bills to the full House of Representatives, aiming to strengthen the U.S. banking system and reduce unnecessary regulatory burdens on American businesses. Chairperson French Hill emphasized that the legislation is essential for creating a financial
Economic growth
House Financial Services Committee Chairman French Hill delivered a statement at today's markup of various bills, highlighting the importance of a robust banking system and capital markets in driving economic growth and financial stability. The bills aim to reduce regulatory burdens, protect vulnerable investors, and promote innovation and
International cooperation
The European Investment Bank (EIB) has approved EUR16 billion in new financing to support Ukraine's energy security and resilience, strengthen the green transition in Europe, drive competitiveness and urban development, and reinforce global partnerships. This funding includes EUR5.4 billion for various energy security projects, such as an
