T&I AsiaWatch for August 22nd, 2022
It's the most propitious end to summer I recall; troubled, below par deals and IPOs and macro-economic conditions hinting at a long, troubled fall.
Editor’s Note: China had 4 of the weakest US-IPOs in history last week under the cover of August. All under $40 million. China's Premier Li tells four coastal provinces to speed up payments to the central government. Trouble? HuaAn Fund Management says Evergrande shares are worthless and Faraday heads to another …