CHINA’S move this week to streamline stock-market listing rules is unlikely to result in a flood of initial public offerings (IPOs), said bankers. They cited the prospect of state intervention on ...
China IPO Reform Is ‘Significant Milestone’, Goldman Sachs Says
China’s planned easing of rules for initial public offerings will allow more mid-sized companies to tap domestic investors with larger firms considering listing onshore instead of Hong Kong, Goldman ...
China stocks gain as IPO reform boosts hopes for more new issuers
HONG KONG, Feb 2 (Reuters) - China stocks rose on Thursday as government steps to reform the initial public offering system bolstered hopes of more fund-raising by local companies, while Hong Kong ...
Chinese lidar maker Hesai to raise up to $171 million in U.S. IPO
Hesai's IPO is the first major offering by a Chinese firm since the country scrapped most of its Covid curbs and reopened its borders. Read more about China from CNBC Pro JPMorgan says Hong Kong ...
Hong Kong stocks snap six-week rally on tech retreat as funds seen exiting overcrowded bets
worth of Hong Kong-listed stocks this week through Thursday, according to Stock Connect data. The European Central Bank and the Bank of England both raised their key rates by 50 basis points versus a ...
Robotics Firm UBTech Files for Hong Kong IPO
UBTech Robotics Corp. Ltd., a loss-making developer of artificial intelligence-powered humanoid robots, has filed for a Hong Kong IPO in a renewed effort to seek more funding to finance its expansion ...
Hong Kong Offers 500,000 Free Flights After Covid Isolation
Hong Kong is ready to welcome the world back, its leader said Thursday, pledging more than half a million free flights and positive publicity to resurrect the once-vibrant global hub after three years ...
Hong Kong’s banks keep loan costs steady after quarter-point rate hike, offering respite to city’s slumping economy
Six major lenders, including HSBC, Hang Seng Bank, Citibank and Standard Chartered, said they would keep the loan rate for their best clients unchanged Hours earlier, Hong Kong's monetary authority ...
Hong Kong’s cenbank raises interest rate after Fed hike, HSBC keeps rate unchanged
The Hong Kong Monetary Authority (HKMA) raised its base rate charged through the overnight discount window by 25 basis points to 5.0% on Thursday, hours after the U.S. Federal Reserve delivered a rate ...
HSBC to leave unchanged best lending rate in
HSBC Holdings said on Thursday it was leaving its best lending rate in Hong Kong unchanged at 5.625%, despite a raise by the city’s de facto central bank in the base rate charged through its overnight ...
HSBC leads banks in keeping loan cost steady after Hong Kong’s 25-pip rate hike to offer relief to city’s slumping economy
The slower pace could bring some much-needed respite for Hong Kong's economy, which is trying to grow its way out of recession The slower increase, done in lockstep with the Federal Reserve, came ...
Govt: Hong Kong economy shrank 3.5pc in 2022
Hong Kong's economy shrank by 3.5 per cent in 2022, with exports plunging and the city's worst-ever coronavirus outbreak battering businesses, ...
China’s Proposed IPO Overhaul Comes With Restrictions
China’s planned easing of rules for initial public offerings across all its exchanges comes with restrictions telling bankers that some firms will need to seek special permission to sell shares.
HSBC Reiterates “Buy” Rating on Fosun and Raises Target Price to HK$11.50
HONG KONG SAR - Media OutReach - 2 February 2023 - On 30 January 2023, HSBC Global Research ("HSBC") published a report pointing out that Fosun International Limited ("Fosun International" or the ...