Tencent soars as Hang Seng dips

Shares of Tencent Holdings yesterday closed 3.74 percent higher in Hong Kong, outperforming the benchmark Hang Seng index.Stocks of the Chinese ... Tencent's shares after its first quarter report. Deutsche Bank said in a report that Tencent's quarterly ... ( read original story ...)

Citigroup Fined $7.3 Million in Hong Kong for IPO Sponsor Work

Citigroup Inc. was fined HK$57 million ($7.3 million) by Hong Kong’s Securities and Futures Commission for the bank’s actions around the listing application of an initial public offering. The U.S. bank was also reprimanded for its failure to discharge ... ( read original story ...)

ASIC Manufacturer Officially Files $1 Billion IPO In Hong Kong

It seems that the creator of the Avalon Bitcoin ASIC mining hardware has taken moves to secure a stock listing spot on the Hong Kong stock exchange. The company, usually known as Canaan, is seeking for $1 billion in IPO funding. Canaan Creative, better ... ( read original story ...)

Belarus, Hong Kong discuss cooperation in trade, finance

MINSK, 16 May (BelTA) – Belarus and Hong Kong have discussed matters concerning the advancement of cooperation in trade and finance, representatives of the Association of Belarusian Banks told BelTA. The Association's Chairman Alexander Kuchinsky met ... ( read original story ...)