Hong Kong regulator targets IPO book building in new enforcement push

Hong Kong regulator targets IPO book building in new enforcement push

The watchdog finds that insiders are funding orders to artificially inflate public demand, sources say Published Fri, Jul 3, 2026 · 03:22 PM [HONG KONG] Hong Kong’s market watchdog is intensifying scrutiny of the city’s red-hot initial public offering market, broadening its regulatory crosshairs towards book building and share allocation practices, said sources. The Securities…

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Personal data of 70,000 people compromised after cybersecurity incident involving SLA vendor IBM

Personal data of 70,000 people compromised after cybersecurity incident involving SLA vendor IBM

[SINGAPORE] The Singapore Land Authority (SLA) has disclosed that a cloud environment managed by IT software giant IBM suffered cybersecurity incident involving unauthorised access. SLA said the affected environment managed by the vendor is distinct and separate from SLA’s operational systems, with no other systems compromised. IBM has also revoked access associated with the affected…

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What to look for when venerable Saratoga kicks off its 46-day meet

What to look for when venerable Saratoga kicks off its 46-day meet

You’ve done it all. Watched baseball games at Wrigley Field, Fenway Park and Yankee Stadium. Witnessed the spectacular Northern Lights. Sat in celebrity row at Madison Square Garden. Camped at the Grand Canyon. Wore a cheesehead at Lambeau Field. Proposed marriage at the Empire State Building antenna. Waved the checkered flag at the Brickyard. Visited…

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MAS partners finance industry players to develop safeguards for AI agents

MAS partners finance industry players to develop safeguards for AI agents

[SINGAPORE] The Monetary Authority of Singapore (MAS) on Friday (Jul 3), along with financial institutions and fintech companies, published an industry white paper on developing safeguards for AI agents in finance. The paper proposes an industry-developed framework that enables AI agents in the financial services sector to carry out financial tasks securely, reliably and safely.…

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