Lord Hain believes that HSBC needs to be investigated for “possible criminal conspiracy” over money laundering for South Africa’s Gupta family who, in turn, are alleged to have unlawfully profited from ties to President Jacob Zuma. These allegations ... ( read original story ...)
Breakingviews – Hong Kong’s IPO market is turning Chinese
HONG KONG (Reuters Breakingviews) - Hong Kong’s listing market looks more Chinese every day. China Literature, the online publishing arm of mainland tech colossus Tencent, smashed the chandeliers in its $1.1 billion Hong Kong debut, soaring more than 80 ... ( read original story ...)
Shares in China Literature, Hong Kong’s hottest IPO of 2017, soar 64 per cent on debut and continue to rise
Shares in China Literature, Tencent Holdings’ online publishing arm and the mainland China’s largest online publishing and e-book website, soared 64 per cent in early trading in Hong Kong on Wednesday, in what’s being dubbed the city’s hottest IPO ... ( read original story ...)
Shares in China Literature, Hong Kong’s hottest IPO of 2017, soar 64pc on debut and are still rising
Shares in China Literature, Tencent Holdings’ online publishing arm and mainland China’s largest online publishing and e-book website, rocketed 88 per cent in value by late morning, after initially jumping 64 per cent immediately in early trading in ... ( read original story ...)
IPO fever hits Hong Kong market as 1-in-20 people try to buy
Hong Kong demand for new share sales has hit fever pitch, with 417,000 people applying for lots in Tencent Holdings Ltd.’s online bookstore unit - more than 5 per cent of the city’s population. China Literature Ltd.’s retail offering was 625 times ... ( read original story ...)
Tencent’s online bookstore unit whips up more IPO fever in Hong Kong
HONG KONG (BLOOMBERG) - Hong Kong demand for new share sales has hit fever pitch, with 417,000 people applying for lots in Tencent Holdings' online bookstore unit - over one-in-20 or more than 5 per cent of the city's population. China Literature Ltd's ... ( read original story ...)
Tencent unit China Literature skyrockets 90% in Hong Kong IPO
The global frenzy for technology stocks sent shares of China Literature Ltd. surging on their first day of trading in Hong Kong. China Literature’s 0772, +0.00% shares started trading above 90 Hong Kong dollars (US$11.53), compared with the offer ... ( read original story ...)
China Literature shares soar 82% in Hong Kong after IPO
Shares in Tencent’s e-book subsidiary China Literature rocketed 81.8 per cent after trading in Hong Kong opened on Wednesday in the biggest tech IPO in the market in ten years. China Literature raised HK$8.3bn ($1.1bn) in a heavily oversubscribed IPO ... ( read original story ...)
Shares in Tencent’s China Literature leap 86% in Hong Kong debut
Shares in Tencent’s ebook subsidiary China Literature rose as much as 100 per cent on their trading debut in Hong Kong on Wednesday, in the city’s biggest technology initial public offering in 10 years. China Literature raised HK$8.3bn ($1.1bn ... ( read original story ...)
Enough debate: Hong Kong must be part of Greater Bay’s explosive growth or risk being left behind
Forgive my little bemusement over all the recent fuss in Hong Kong about building our links into the Greater Bay Area. Don’t get me wrong: I think it is a great idea. But I need to ask a simple question: what do people think we in Hong Kong have been ... ( read original story ...
Sky Post’s Banking & Finance awards 2017 revealed industry excellence
Senior representatives from winning banks, financial institutions, as well as banking and finance associations, and professionals from the industry joined the award ceremony on 6 November 2017 at JW Marriott Hotel Hong Kong. The award recognises excellence ... ( read original story ...)
Hong Kong stocks flat as car makers gain, financials slide
Hong Kong stocks swung between gains and losses on Wednesday as increases in automobiles and technology shares were offset by declines in financials and the property sector. The Hang Seng Index had eased 0.08 per cent by mid-morning to 28,971.70, as shares ... ( read original story ...)
Hong Kong lawmaker to file complaint over CY Leung’s past HK$50 million business dealings with British anti-graft agency
A Hong Kong lawmaker revealed a plan to report HK$50 million in past business dealings involving the city’s former leader to Britain’s corruption-fighting agency this week. Democratic Party lawmaker Lam Cheuk-ting said he hoped to raise the matter ... ( read original story ...)
Grads who could “build a start-up in their bedroom” wanted at BNP Paribas Hong Kong
BNP Paribas is hiring in one of the hottest job functions in Hong Kong banking. https://news.efinancialcareers.com/hk-en/296427/ocbc-digital-banking-hiring/ Banks in Hong Kong and Singapore are ramping up their hiring of technologists with artificial ... ( read original story ...)