AB InBev Brewery issues shares in Hong Kong

The world’s largest brewer plans to involve 5 billion USD capital through a Hong Kong share issue – origo wrote. However, AB InBev has significantly modified its earlier vision, but this would still be the second largest equity market increase ever.

This would be the second largest public share issue (IPO) to date this year, following Uber’s 8.1 billion USD IPO in May.

Hong Kong would be in dire need of this business, as the city-state economy was negatively affected not only by the US-China trade war but also by the wave of protests that last for weeks. But an IPO could significantly boost confidence in Hong Kong as the region’s financial center – Asia Times wrote. (origo)