Shares of the Chinese private-equity investor and fund manager opened lower on their debut in Hong Kong, failing to provide an initial pop as investor sentiment remained cautious.
Boustead Plantations’ shares surged Thursday with a key shareholder stepping in with an offer for the palm-oil producer after another company withdrew from a stake-acquisition deal.
As Modelo Especial’s marketing team worked through the final stages of scripting a commercial about a Hispanic matriarch making tortillas from scratch with her granddaughter, company lawyers had a note.