Local stocks waver in early trading, keeping the benchmark index near the lowest level since March 28. Tencent is back in focus after major shareholder Prosus cut its stake again.
Asia markets mixed as Wall Street banking fears reignite
Asia-Pacific markets were trading mixed on Wednesday after banking fears were reignited on Wall Street. Shares of First Republic Bank tumbled more than 49% after the regional bank posted its latest ...
Chinese AI firm 4Paradigm files for Hong Kong IPO after three failed attempts, citing US sanctions risks
Beijing Fourth Paradigm Technology has filed a fourth IPO application in Hong Kong, which comes after being put on the US Entity List in March The company joins other Chinese AI firms like Megvii and ...
Hong Kong drops sharply on major losses in Chinese firms
Hong Kong was down sharply on Tuesday on the back of major losses in Chinese firms, as a lack of clear direction ahead of key announcements this week presented a challenge for global investors. - Key ...
Wanda Unit’s Hong Kong IPO Application Lapses for Third Time
Chinese conglomerate Dalian Wanda Group Co. failed to meet a deadline to list shares of its management unit in Hong Kong for a third time.
UPDATE 1-China’s Wanda chairman quoted on HK IPO challenge, bonds lose more on liquidity concerns
Chinese commercial property developer Dalian Wanda Group's dollar bonds fell further on Monday, as investors remained concerned about prospects for its unit's Hong Kong listing and its impact on the ...
China’s Wanda chairman quoted on HK IPO challenge, bonds lose more on liquidity concerns
Chinese commercial property developer Dalian Wanda Group's dollar bonds fell further on Monday, as investors remained concerned about prospects for its unit's Hong Kong listing and its impact on the ...
China Wanda’s bonds lose more on concerns about unit’s IPO, liquidity
Chinese commercial property developer Dalian Wanda Group's dollar bonds fell further on Monday, as investors remained wary about the progress of its unit's Hong Kong listing and about the impact on ...
Hong Kong stocks slip on sluggish corporate earnings recovery while HSBC suffers amid Ping An pressure
Analysts have been cutting their earnings estimates on Asian companies; pressure has intensified since mid-March HSBC continues to be pressured by key investor Ping An Insurance to revamp and list its ...
HSBC Activist Investor Lobbies Shareholders Ahead of Meeting
An HSBC Holdings Plc shareholder in Hong Kong is lobbying institutional shareholders to vote in favor of a proposal to restructure the lender’s business at its annual general meeting on May 5.
EXPLAINER: Can China’s new offshore listing rules revive Hong kong’s IPO scene?
After a prolonged period of draconian anti-pandemic curbs and regulatory crackdowns whipsawed China’s capital markets, the world’s second-largest economy is pulling out all the stops to calm market ...
IPO market shows signs of becoming good again
The global market for initial public offerings (IPOs) is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in ...
Amp up HK’s finance in tandem with mainland
Despite the COVID-19 pandemic and geopolitical situation that have led to global supply chain disruptions, as well as high inflation, interest rate hikes and tightened monetary conditions, the Hong ...
Morgan Stanley says HSBC is a ‘top pick’ despite the bank’s shareholder troubles
HSBC, the largest bank in Europe, faces pressure from its biggest shareholder to restructure its business. But Morgan Stanley is sticking to its bullish stance.