Category: FINANCE

The IPO price range will be between HK$48 and HK$62 each, with five cornerstone investors buying US$308 million worth of shares, according to a filing Leapmotor faces a less welcoming market than the ... ( read original story ...)

People wearing face masks walk past the headquarters of Chinese central bank People's Bank of China (PBOC), April 4, 2020. REUTERS/Tingshu Wang/File Photo/File Photo ... ( read original story ...)

Chubb Ltd. is in advanced talks to form an insurance partnership with Hang Seng Bank Ltd., a Hong Kong-based lender majority owned by HSBC Holdings Plc, according to people familiar with the ... ( read original story ...)

Zhejiang Leapmotor Technology Co. is planning to raise over 8.11 billion Hong Kong dollars ($1.03 billion) in an initial public offering to join a list ... ( read original story ...)

Hang Seng Investment Management Limited ('HSVM'), which is a wholly-owned subsidiary of Hang Seng Bank ('Hang Seng'), today (19 September 2022) officially took up its new role as manager of the ... ( read original story ...)

Quiet quitting, where you don’t quit the job but no longer subscribe to the culture that work is your life, is alien to Hong Kong’s diligent financ. But conditions are ripe for them to stop hustling ... ( read original story ...)

Asian equity markets closed lower to start the week in anticipation of the US Federal Reserve hiking interest rates another 75 basis points. ( read original story ...)

Hong Kong’s top market regulator is talking to finance firms to bring back their licensed staff that have been working abroad amid efforts by the city to revive its status as a vibrant business ... ( read original story ...)

Hong Kong-based digital lender WeLab, with other investors, is spending US$510 million to expand into Southeast Asia, with plans to launch digital banking in Indonesia next year. ( read original story ...)

The subsidiary, Onewo Space-Tech Service, has set a price range of HK$47.1 to HK$52.7 a piece in the public offering of 116.74 million of its shares, which represent 10% of the company's share capital ... ( read original story ...)

Onewo is seeking to raise up to $783.6 million in its Hong Kong IPO against the backdrop of a difficult market for new listings and turmoil in China’s real-estate market. ( read original story ...)

Developer China Vanke's property services arm has launched Hong Kong's largest initial public offering (IPO) of 2022, aiming to raise up to US$783.5 million in a deal that will be a key test for ... ( read original story ...)

ByteDance is dancing to a different tune to keep stakeholders happy. TikTok's Chinese parent is spending up to $3 billion to buy back shares at a price that values the company at around $300 billion. ( read original story ...)

Onewo Inc., the property management unit of real estate developer China Vanke Co., is planning to raise as much as about HK$6.2 billion ($784 million) through a Hong Kong initial public offering.Most ... ( read original story ...)