Hong Kong is on track to top the global IPO market in 2018, according to KPMG. The financial services giant expects new listings to total more than 300 billion Hong Kong dollars ($38.4 billion) by the ... ( read original story ...)
Hong Kong plugs into China’s high-speed rail network
But democracy campaigners in Hong Kong have attacked Beijing’s decision to turn part ... the passengers lining up on Sunday to try the new service, which connects the financial centre to 44 cities in ... ( read original story ...)
Week In Review: WuXi AppTec Files For $1 Billion+ Hong Kong IPO At $13 Billion Valuation
WuXi AppTec (SHA:603259) has filed for a Hong Kong IPO that is expected to raise at least $1 billion (see story). The company, China's largest CRO/CMO, completed a $354 million IPO on the Shanghai ... ( read original story ...)
Hong Kong dollar posts biggest increase against US dollar in 15 years, after China introduces plan to sell bills in city
The Hong Kong dollar on Friday posted its biggest gain against the US dollar since 2003, over concerns about tighter liquidity in the city, after the People’s Bank of China announced it would issue bi... ( read original story ...)
What is good for the Hong Kong dollar is bad for property markets
The Hong Kong dollar on Friday posted its biggest gain against the US dollar since 2003, over concerns about tighter liquidity in the city, after the People’s Bank of China announced it would issue bi... ( read original story ...)
Banking sector makes up 62pc of HK gross external debt
Hong Kong's gross external debt amounted to HK$13.05 trillion, or 472 percent of GDP, at the end of the second quarter, the Census and Statistics Department, reported. The banking sector accounted for ... ( read original story ...)
Hong Kong Green Finance Association is Officially Launched at Today’s 2018 Green Finance Forum & Launch Ceremony
HONG KONG, Sept. 21, 2018 /PRNewswire/ --The 2018 Green Finance Forum & Launch of the Hong Kong Green Finance Association was held at the Hong Kong Stock Exchange today, which marked the official ... ( read original story ...)
Hong Kong SFC announces green finance strategic framework
HONG KONG, Sept. 21 (Xinhua) -- Hong Kong's Securities and Futures Commission (SFC) on Friday announced its strategic framework to contribute to the development of green finance in Hong Kong. A priori... ( read original story ...)
Hong Kong Dollar Jumps Most Since 2003 as Liquidity Tightens
Thanks to the currency peg, Hong Kong has little choice but to import U.S. monetary policy. Years of ultra low borrowing costs in the wake of the global financial crisis has helped fueled a housing bu... ( read original story ...)
Hong Kong Consumer Confidence Maintains Strong Amid Economic Uncertainties
HONG KONG, Sept. 21, 2018 /PRNewswire/ -- Hong Kong continues to present strong growth opportunities for consumer-centric businesses despite a moderate drop in the consumer confidence index from ... ( read original story ...)
Hongkongers may soon be able to open mainland China bank accounts remotely
Hong Kong residents may soon be able to open mainland bank accounts remotely, following in-depth talks between financial authorities on both sides of the border. “It would make their lives easier if t... ( read original story ...)
Meituan launch brightens Hong Kong’s IPO outlook
Meituan Dianping's IPO got off to a strong start in Hong Kong on Thursday, valuing the Chinese ''everything app'' firm at about $55 billion and sending positive signs to companies lining up to list in ... ( read original story ...)
Breakingviews – Meituan IPO shows how to tempt investor appetites
HONG KONG (Reuters Breakingviews ... The pair raised a combined $11.6 billion, after pricing at the bottom of the marketed ranges. Indeed, Xiaomi’s IPO valuation was nearly half the mooted $100 billio... ( read original story ...)
Downbeat stock market dampens retail enthusiasm for Meituan Dianping’s US$4.2 billion IPO in Hong Kong
Retail investors have given a lukewarm response to Chinese food delivery service firm Meituan Dianping’s US$4.2 billion IPO, with the public tranche 1.5 times subscribed, fairing little better than Ch... ( read original story ...)