The fast-growing life insurer with businesses in 10 Asian markets joins a growing cohort of companies that are rerouting their fundraising plans from New York to the Asian financial hub. ( read original story ...)
FWD files to list in Hong Kong, as Richard Li completes the switch of his insurer’s stock sale from New York
FWD may trim its Hong Kong fundraising to US$1 billion, from the US$3 billion planned for New York last year Morgan Stanley, Goldman Sachs, CMBI and JP Morgan are helping the company with the planned ... ( read original story ...)
Hong Kong domestic helpers abandoned as COVID takes toll
HONG KONG/MANILA, Feb 28 (Reuters) - A rapid spread in COVID-19 cases in Hong Kong has cast a spotlight on the plight of domestic helpers in the global financial hub after some were fired or made ... ( read original story ...)
Tycoon Richard Li’s FWD files for $1bn Hong Kong IPO
FWD, the Asian insurer founded by a son of property tycoon Li Ka-shing, has filed for a Hong Kong initial public offering that aims to raise at least $1bn after its attempt to lis ... ( read original story ...)
Insurer FWD Group aims to raise $1 bln in Hong Kong IPO -sources
Asia-focused insurer FWD Group is aiming to raise up to $1 billion in a Hong Kong initial public offering (IPO) by the middle of the year, two sources with direct knowledge of the matter told Reuters. ( read original story ...)
Hang Seng Bank (OTCMKTS:HSNGY) Downgraded by Zacks Investment Research to “Strong Sell”
Zacks Investment Research downgraded shares of Hang Seng Bank (OTCMKTS:HSNGY – Get Rating) from a hold rating to a strong sell rating in a report released on Thursday, Zacks.com reports. According to ... ( read original story ...)
Indian Economy, Hong Kong Stocks Hurting Most in Asia
When India reports GDP later today, the numbers won't factor in the future heavy cost to the country of higher oil prices. ( read original story ...)
Hong Kong considers lockdown as daily infections top 34,000
Hong Kong reported a record-high 34,466 new infections Monday as deaths continued to climb, with health authorities saying that a lockdown has not been ruled out even though the city’s leader ... ( read original story ...)
Hong Kong considers lockdown as daily Covid infections top 34,000
Hong Kong reported a record-high 34,466 new infections Monday as deaths continued to climb, with health authorities saying that a lockdown has not been ruled out ... ( read original story ...)
An pandemic-related business exodus from Hong Kong could benefit Singapore
The study has been authored by Mehdi Hussain, assistant professor, department of political science, Kirori Mal College, University of Delhi and PhD research scholar, Jawaharlal Nehru University ... ( read original story ...)
Hong Kong Records More Than 34,000 Covid Cases: Virus Update
Hong Kong reported more than 34,000 confirmed Covid-19 cases Monday, as the city’s government is forced to move away from key pillars of its strict Covid Zero strategy. ( read original story ...)
Chinese Fitness App Keep Files for Hong Kong IPO After Dropping US Listing Plans
China’s largest mobile sports platform Keep has applied for an initial public offering on the Hong Kong stock exchange nearly a year after abandoning its previous plan to go public in the US due to ... ( read original story ...)
Hong Kong domestic helpers abandoned as COVID takes a toll
A rapid spread in COVID-19 cases in Hong Kong has put the plight of domestic helpers in the global financial hub in the spotlight after some were fired or made homeless by their employers when they ... ( read original story ...)
Energy, material stocks lift China A-shares; Hong Kong slips
Chinese A-shares closed higher on Monday, boosted by gains in raw material and energy firms as the Russia-Ukraine conflict lifted commodity prices, while Hong Kong’s Hang Seng slipped as the city ... ( read original story ...)