Category: FINANCE

01/24 INNER MONGOLIA YITAI COAL: Yitai Coal 4Q coal output up 12.4%; sales down 3.2% 2012 DJ Fosun Pharmaceutical Raises $510 Million in IPO 2012 DJ Yitai Coal Raises $903 Million with Hong Kong IPO 2012 DJ Yitai Coal Secures $388 Million Cornerstone ... ( read original story ...)

The Asia-Pacific business environment is rife with social risk, manifested as human trafficking, forced labour, modern day slavery, child labour, safety and work environment issues, and other labour rights violations. In the modern business environment, a ... ( read original story ...)

HONG KONG: Hong Kong’s Financial Services Development Council (FSDC) has proposed that the Offshore Private Equity Fund Tax Exemption should be extended to certain Hong Kong portfolio companies to boost the development of the industry. The FSDC’s ... ( read original story ...)

The pro-Beijing chairperson of the legislative committee approving Hong Kong government funding has suggested taking ... each lawmaker to raising only one unprepared motion in each Finance Committee debate. Chan’s proposal to amend meeting procedures ... ( read original story ...)

Reuters reported in April that China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, to act as a "cornerstone" IPO investor. Slideshow (6 Images) As well as New York and London, Hong Kong, Singapore ... ( read original story ...)

ZhongAn Online Property and Casualty Insurance Co is gunning for a valuation of up to $10bn in its Hong Kong IPO as bankers tout its China new economy credentials. The insurtech company hopes to raise $1bn-$1.5bn from its debut through sponsors Credit ... ( read original story ...)

Reuters reported in April that China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, to act as a “cornerstone” IPO investor. As well as New York and London, Hong Kong, Singapore, Tokyo, Hong Kong and ... ( read original story ...)

Great Wall Asset Management Co. is also seeking up to eight strategic investors ahead of a planned IPO, Reuters reported earlier. China Huarong Asset Management Co. and China Cinda Asset Management Co. have already listed on the Hong Kong bourse. ( read original story ...)

He's off to a quick start, getting in on this year's largest sale: Tezos, a smart contracts platform that raised $US200 million to outstrip the average Hong Kong IPO size this year of around $US31 million. "Unlike the traditional financial sector ... ( read original story ...)

07/26 CK HUTCHISON: CKI Holdings Offers to Buy Ista at EUR4.5bn 07/26 DJ Hong Kong Exchange Denies IPO -- WSJ 07/25 CK HUTCHISON: HTHKH Unaudited Results for the Six Months Ended 30 June 2017 07/25 DJ IPO Backed by Morgan Stanley and One of Asia's Richest ... ( read original story ...)

Visa is the ‘healthiest’ brand in Hong Kong, according to YouGov’s first brand health rankings. The list is dominated by financial services and payment brands – Visa, Octopus Card, Hang Seng Bank and HSBC – as well as retailers (luxury and ... ( read original story ...)

The stock hit a new all-time high on Thursday, up 1.8 per cent to close at HK$60.7. Net profit increased 42 per cent ... succeeding Mark Tucker, who is set to join HSBC as group chairman. “Asian economic growth remains strong and structurally resilient. ( read original story ...)

The previous record-breaking transaction for a single piece of British commercial property was the HSBC tower in Canary Wharf which was purchased by the Qatar Investment Authority in 2014 for £1.2bn. ( read original story ...)

Even that market share in Hong Kong and China needs defending. What's Tucker's strategy at HSBC Holdings Plc, where he is now chairman? Will he replicate his success at AIA and push HSBC deeper into insurance? With a profit margin of 54 percent ... ( read original story ...)