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.
Recently formed investment firm Humble Growth raised more than $312 million for its debut fund to back consumer brands. The New York firm’s three founders keep their pitch to prospective investment targets simple: They have been entrepreneurs themselves and understand the growing pains that startups endure. The three managing partners of Humble...
The company is diversifying from liquor into chocolates and other goodies. The new offerings might not stick, but its core brand is so valuable that may not matter.