China's second most profitable brokerage company, Guotai Junan, allocated the institutional tranche of its Hong Kong initial public offering on Monday after attracting the kind of balanced order book syndicate bankers had almost give up on. Bankers ... ( read original story ...)
Ron Sim eyes IPO for V3 Group
Osim founder Ron Sim is gunning for an initial public offering (IPO) in Hong Kong just months after bidding goodbye to the Singapore Exchange (SGX). Mr Sim has applied to relist his massage chair and lifestyle products company as V3 Group, according to its ... ( read original story ...)
Canadian biopharmaceutical company setting the stage for an IPO
and in the oil and gas exploration business (Persta Resources which listed in Hong Kong.) But the market hasn’t been receptive to issuers in the oil services business, with planned IPO offerings by Source Energy and STEP Energy being postponed. ( read original story ...)
Everbright sounds out buy-side for $500m green arm IPO
China Everbright Greentech (CEG) is drumming up interest for a $500m Hong Kong IPO, with investor meetings starting this week, said bankers on the deal. The issuer, which is being spun off from China Everbright International, began pre-marketing on Monday. ( read original story ...)
Fantasy gaming IPO has real-life charms
HONG KONG (Reuters Breakingviews) - Fantasy gaming shares offer some real-life charms. Netmarble wants a fantastical-sounding valuation in one of South Korea's biggest-ever initial public offerings. But the maker of online role-playing games is growing ... ( read original story ...)
Strong IPO pipeline for 2017: Report
The growth was led by Asia-Pacific, with China, Hong Kong, Macau and Taiwan showing the most activity. Asia-Pacific markets accounted for nearly half the global proceeds from initial public listings, and 70 per cent of the global number of IPOs. ( read original story ...)
BRIEF-Shaanxi Kanghui Pharmaceutical sets IPO pricing
* Says it plans to issue up to 24.97 million shares at 14.57 yuan ($2.11) per share to raise 363.81 million yuan for its Shanghai IPO Source text in Chinese: bit.ly/2nJzhrx ($1 = 6.9029 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) ( read original story ...)
May lobbies to get Aramco IPO listed in London
The plan will see 5% of the company listed publicly in an IPO worth between $50 billion and $100 billion -the world's biggest by market capitalisation. London is vying with other financial centres such as New York, Hong Kong, Toronto and Singa pore to play ... ( read original story ...)
Hong Kong targeting home glory in series qualifier
Twelve teams will contest the men's Hong Kong qualifier with the winner taking a core spot on the HSBC World Rugby Sevens Series 2017-18. Every year Hong Kong not only plays host to a crucial round of the HSBC World Rugby Sevens Series but also to a ... ( read original story ...)
Hong Kong to strengthen private banking talent pool
Several players in Hong Kong’s private banking industry are launching a new apprenticeship programme in an attempt to attract new talent. Designed to provide specialised professional training to students, the multi-year programme will help strengthen the ... ( read original story ...)
Hang Seng Bank Ltd. (HSNGY) Upgraded to Hold by Zacks Investment Research
According to Zacks, “HANG SENG BANK is a world-class financial institution and one of Hong Kong’s largest listed companies in terms of market capitalisation. In keeping with our name, which means ever-growing in Chinese, we are growing alongside our ... ( read original story ...)
Hong Kong stocks slip on Fed minutes before Trump-Xi meeting
The benchmark Hang Seng index dropped 0.5 per cent at the close, to 24,273.72 points, while the Hong Kong China Enterprises Index lost ... on news that most Fed policymakers think the central bank should take steps to begin trimming its king-sized balance ... ( read original story ...)
Hong Kong stocks dip at open
HONG KONG: Hong Kong stocks eased in the first few minutes of trade Thursday following losses on Wall Street that came in reaction to minutes from the Federal Reserve showing it is considering tightening monetary policy. The Hang Seng Index slipped 0.35 ... ( read original story ...)
Zacks: Hang Seng Bank Ltd. (HSNGY) Given $22.35 Consensus Price Target by Brokerages
Hang Seng Bank Ltd. (NASDAQ:HSNGY) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy ... ( read original story ...)