Dickie Wong of the securities brokerage and research services company says Hong Kong's IPO market is "simply lukewarm" and is trading at extremely low levels. ( read original story ...)
Hong Kong IPO activities increases in the third quarter, says KPMG
Geopolitical and economic uncertainties continue to weigh on global markets, with proceeds from initial public offerings (IPO) in the United States and Hong Kong dropping by 94% and 76% respectively ... ( read original story ...)
Leapmotor and Onewo shares tumble in Hong Kong debut
Hong Kong's two largest completed IPOs of 2022 worth a combined $1.5 billion closed deep in the red on their market debuts on Thursday, dampening prospects of a recovery in new share sales in the city ... ( read original story ...)
Clifford Chance, Pillsbury Lead on $807M Hong Kong IPO of Electric Vehicle Maker
Despite a recent spike in IPOs, capital market deal volumes have fallen sharply in Hong Kong this year. Clifford Chance, Grandway Law Offices, Pillsbury Winthrop Shaw Pittman and Han Kun Law Offices ... ( read original story ...)
Hong Kong IPOs flop as Leapmotor sinks 37 per cent in market debut and Onewo struggles below offer price
Zhejiang Leapmotor plunges 37 per cent while Onewo loses almost 5 per cent in morning trading Both IPOs were undersubscribed by local investors in a week when the Hang Seng Index hits an 11-year low, ... ( read original story ...)
CALB Prices $1.3 Billion Hong Kong IPO at Bottom of Marketed Range
The firm marketed about 265.8 million shares at HK$38 to HK$51 each. An external representative for CALB declined to comment. ( read original story ...)
Hong Kong to Host Global Financial Leaders Amid Easing Covid Rules
By Justina Lee Global financial leaders from more than 100 banks, hedge funds, venture capital firms and other institutions will attend a summit in Hong ... ( read original story ...)
EV Maker, China Vanke’s Slump in HK Debut Amid Rough IPO Market
An EV maker and a unit of China’s real estate developer China Vanke Co. plunged in their trading debuts in Hong Kong, following IPOs that together raised more than $1.5 billion. Chinese ... ( read original story ...)
Alibaba, HSBC, Baidu lead Hong Kong stock rebound after China defends yuan and global stocks halt slump
The Hang Seng Index rose after China's central bank asked commercial banks to provide liquidity and warned against one-way bets on yuan depreciation A UK government bond purchase plan also buoyed ... ( read original story ...)
Wall Street titans to join Nov 2 summit in Hong Kong as COVID rules relaxed
The heads of some of the world's top banks and asset managers will attend an investment summit in Hong Kong on Nov. 2, the city's financial regulator said on Thursday, signalling a re-opening of the ... ( read original story ...)
UPDATE 1-Hong Kong’s global investment summit to take place Nov 2
The Hong Kong Monetary Authority (HKMA) said on Thursday its Global Financial Leaders' Investment Summit will take place on Nov. 2 with some of the world's top banking chief executives and asset ... ( read original story ...)
Hong Kong will host a gathering of global financial heavyweights in November. Here’s what to expect, HKMA’s chief executive says
Thirty CEOs of banks including Goldman Sachs, HSBC, Standard Chartered and UBS will attend the Global Financial Leaders' Forum on November 1 and 2 Blackstone president Jonathan Gray, Goldman chairman ... ( read original story ...)
Sun Life, Billionaire Cheng Eye Insurance Deal With Hong Kong’s Dah Sing, Sources Say
Canadian insurers Sun Life Financial Inc. and Manulife Financial Corp. are among companies considering bids for an insurance partnership with Hong Kong banking group Dah Sing Financial Holdings Ltd., ... ( read original story ...)
How Singapore and Hong Kong Stack Up as Financial Centers
Speculation that Hong Kong has been severely weakened by strict Covid policies and a shrinking workforce seemed to be reinforced by the latest Global Financial Centres Index, which showed Singapore ... ( read original story ...)