Finally, it ditched the plan completely early last month. The June 30 filing for a Hong Kong IPO, therefore, has drawn much attention from investors for its ambition to be the first metaverse ... ( read original story ...)
Spicy Hotpot Chain Haidilao Weighs IPO of Overseas Unit
(Bloomberg) -- Haidilao International Holding Ltd., China’s largest hotpot restaurant chain, is considering listing of its overseas business in Hong Kong by way of introduction. Most Read from ... ( read original story ...)
Hang Seng Optimises Digital Business Banking Services To Help Enterprises Seize Opportunities In The Economic Rebound
HONG KONG SAR - Media OutReach - 12 July 2022 - Hang Seng Bank offers diversified commercial banking service solutions to meet the needs of Small and Medium Enterprises (SMEs) ... ( read original story ...)
China’s rural bank scandal has $300 bln tail risk
China’s small-bank crisis is far from over. On Monday authorities in Henan finally agreed to cover customer deposits that were frozen in April after getting caught in a possible fraud. It’s a ... ( read original story ...)
CICC investment banking head to take helm at broker Galaxy -sources
Ltd's investment banking head, Wang Sheng, is set to leave the bank to take over as the chief executive of smaller peer China Galaxy Securities, six people with direct knowledge of the matter said. ( read original story ...)
Hong Kong Bourse Predicted To Open Under Pressure On Tuesday
The Hong Kong stock market on Monday wrote a finish to the two-day winning streak in which it had advanced almost 140 points or 0.7 percent. The Hang Seng Index now sits just above the 21,120-point ... ( read original story ...)
HSBC launches campaign to celebrate prosperity of Hong Kong
HSBC Hong Kong has launched a brand-new campaign “Hong Kong inspired by the world” to highlight the diverse culture and prosperity of the city, by featuring concepts including food and beverage, ... ( read original story ...)
HSBC Buys back Nearly 3.09M Shrs in HK, London Ytd for $152M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.0893 million shares in London and Hong Kong yesterday (11th), involving a total of approximately HKD152 million. HSBC ... ( read original story ...)
Rainmed nets $19M in Hong Kong IPO debut
Rainmed Medical Ltd. raised HK$146 million (US$19 million) in an initial public offering in Hong Kong. Its shares debuted at HK$5.60 and dropped as much as 15.38% to close at HK$5.28 on July 8, 2022, ... ( read original story ...)
Hotpot chain Haidilao weighs IPO of overseas unit
Company says spin-off of Super Hi International Holding would position the unit and the parent for growth. Read more at straitstimes.com. ( read original story ...)
‘Chilling’ use of security law threatening Hong Kong’s finance hub status, says U.S. envoy
The top U.S. diplomat in Hong Kong on Monday urged China to ease political pressure on the city, warning that the "crude and chilling" use of a sweeping national security law threatened its role as an ... ( read original story ...)
Top US Envoy In Hong Kong Rebukes China’s Crackdown In Farewell Speech
China imposed a sweeping national security law on the city following the protests and Washington implemented sanctions against top Hong Kong officials. US officials confirmed privately that since then ... ( read original story ...)
Large Chinese Bank Protest Put Down With Violence
Video from clash in Central Chinese city spreads online despite censorship; officials had prevented earlier protest using Covid-19 health codes. ( read original story ...)
Swap Connect with Hong Kong will help China attract more international investors to its bond markets, Standard Chartered banker says
International investors will find the new Swap Connect useful, as it 'helps them hedge their interest rate risk exposure', says John Tan, bank's head of financial markets in Asia As a next step, China ... ( read original story ...)