Meituan shares closed at HK$72.35 on Thursday, 5.3 percent above the HK$69 price of the IPO. After Hong Kong’s second-biggest technology listing of the year, the unprofitable company has a market valu... ( read original story ...)
Meituan Dianping rises on Hong Kong debut after US$4.2 billion IPO, pushes co-founder’s net worth to US$5.3 billion
China food delivery service platform Meituan Dianping closed up 5 per cent on its trading debut on Thursday, pushing co-founder Wang Xing’s net worth up to US$5.3 billion. The company’s market cap rea... ( read original story ...)
Skadden-Led Meituan Debuts After $4.2B Hong Kong IPO
Law360 (September 20, 2018, 6:36 PM EDT) -- Chinese online services platform Meituan Dianping’s shares rose in debut trading Thursday following completion of the company’s $4.2 billion initial public ... ( read original story ...)
Tencent-backed Meituan climbs 5 percent on debut, brightens outlook for HK IPOs
The stock’s performance is being seen as a test of investor appetite for Hong Kong listings against a backdrop of weak markets and multi-billion dollar initial public offerings (IPOs ... ( read original story ...)
Speech by CE at 2018 Hong Kong Green Finance Forum and Launch of the Hong Kong Green Finance Association (English only) (with photos/video)
Following is the speech by the Chief Executive, Mrs Carrie Lam, at the 2018 Hong Kong Green Finance Forum and Launch of the Hong Kong Green Finance Association today (September 21): Deputy Director Qi... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) stocks enjoyed more gains
Hong Kong stocks enjoyed more gains at the open on Thursday on growing optimism that China and the United States can reach an agreement to avert an all-out trade war. The Hang Seng Index rose 0.72 per ... ( read original story ...)
China Merchants Bank Takes Over Half of HNA’s Former Hong Kong Home
Mainland financial heavyweight China Merchants Bank has leased a four floor office in Hong Kong’s Three Exchange Square in Central, taking half of the eight floors shed by liquidity-troubled HNA last ... ( read original story ...)
Ex-Hong Kong Secretary for Financial Services and the Treasury Chan Ka-keung joins WeLab virtual bank
Former Hong Kong Secretary for Financial Services and the Treasury Chan Ka-keung has joined WeLab Virtual Bank, which has applied for a licence in the city, as chairman, he said on Tuesday. Chan joine... ( read original story ...)
HCM City seeks Hong Kong’s experiences in financial management
HCM City (VNA) – Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong voiced his hope that Hong Kong, as a leading financial centre of Asia and the world, will share its ... ( read original story ...)
Tencent-backed Meituan jumps 5 percent on debut in positive signal for HK IPOs
Meituan’s stock market performance is being seen as a test of investor appetite for Hong Kong listings against a backdrop of weak markets and previous multi-billion dollar IPOs that have struggled to ... ( read original story ...)
Meituan Rises on Debut in Hong Kong After $4.2 Billion IPO
Meituan Dianping, the Chinese food delivery and neighborhood services giant, jumped on its first day of trading after raising $4.2 billion in an initial public offering. The stock climbed as much as 7 ... ( read original story ...)
Hot Drugmaker Seeks Double Dose of Investor Cash with Hong Kong IPO
Just months after its blockbuster initial public offering (IPO) in Shanghai, biotech firm WuXi AppTec Co. Ltd. has filed for a second listing in Hong Kong, potentially making it the first of a new gen... ( read original story ...)
Meituan Dianping sets IPO price at HK$69
Meituan Dianping has set a price of HK$69 per share for its scheduled Hong Kong initial public offering on Sept 20. [Photo/VCG] Meituan Dianping, China's leading on-demand online service provider, has ... ( read original story ...)
Comparing HDFC Bank (HDB) & HANG SENG Bk Lt/S (HSNGY)
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprise, and institution... ( read original story ...)