Syngenta's $9.5 billion flotation has moved a step closer after the Shanghai Stock Exchange scheduled a hearing next week for the Swiss agrichemicals and seeds company's listing plan.
Hong Kong Regulator Reassures Creditors on Resolution Hierarchy
The Hong Kong Monetary Authority reassured investors that subordinated debt holders have priority over shareholders when banks are being wound up, in a response to media inquiries regarding creditor ...
HSBC invites Grammy-winner Pharrell Williams to meet its richest Hong Kong clients as it introduces art-finance offering
Wealthy Hong Kong clients of HSBC will dine with Grammy-winning recording artist Pharrell Williams on Wednesday as the bank hosts a series of events to promote the launch of an offering that allows ...
UPDATE 1-China, HK stocks extend rally as banking fears ease, Fed comes into focus
HONG KONG, March 22 (Reuters) - China and Hong Kong stocks rallied for a second day after U.S. banking stocks rebounded overnight on hopes that a global banking crisis has been averted for now, while ...
China Regulator Questions Dalian Wanda on Unit’s HK IPO Plan
China’s securities regulator is scrutinizing a unit of conglomerate Dalian Wanda Group Co. about $4.4 billion in payments it might have to make if a mainland mall business doesn’t go public in Hong ...
China, HK stocks extend rally as banking fears ease, Fed comes into focus
China and Hong Kong stocks rallied for a second day after U.S. banking stocks rebounded overnight on hopes that a global banking crisis has been averted for now, while investors waited for the Federal ...
Hong Kong Says Borrowing Cost Surge Driven by Demand For Cash
(Bloomberg) -- The surge in the Hong Kong’s interbank funding rates was spurred by demand ... The one-month gauge increased by 51 basis points, the most since the global financial crisis in 2008.
Hong Kong Overnight Funding Costs Double in Sign of Cash Squeeze
The cost to borrow overnight in Hong Kong jumped the most in at least 17 years, with market watchers pointing to stress in the global financial system as well as cash hoarding by banks ahead of the ...
Hong Kong stocks tumble 3%, Asia continues Wall Street’s sell-off; Bank of Japan holds rates
The Bank of Japan is widely expected by economists polled by Reuters to make changes to its ultra-dovish monetary policy and hold its interest rates at -0.1%.
Hillhouse-Backed Cowell Picks Banks for Hong Kong IPO
Cowell Health, a Chinese drugstore chain backed by Hillhouse Capital, has selected banks for its Hong Kong initial public offering that could raise more than $500 million, according to people familiar ...
Hong Kong Financial System Resilient to Bank Crisis, Lee Says
Hong Kong’s financial system is not being significantly affected by the global banking crisis, the city’s leader said.
HK stocks rise at open despite banking jitters
Hong Kong stocks opened higher on Tuesday, clawing back some of the previous day's losses, but traders remain on edge over the banking sector following the collapse of two US lenders and the rescue of ...
Vaping products seller Inspire cuts proposed IPO by 50% to $21M
Based in Los Angeles with significant operations in Hong Kong, Inspire is a developer and marketer of branded ... Inspire first filed for an IPO in January. For more on the company, check out Donovan ...
European markets recover on a wild day for bank stocks
European markets ticked up Monday but bank stocks were mixed and volatile as investors assessed the significance of the near-collapse of Credit Suisse, one of the world's most important financial ...