Chinese snack food maker Weilong Delicious Global Holdings is set to price its shares at HK$10.56 each in its Hong Kong initial public offering to raise $130.6 million, according to two sources with ...
Hong Kong Stocks Rally on Report City May Relax Covid Rules
The Hang Seng Index rose as much as 3.8%, erasing Wednesday’s selloff, while a gauge of Chinese tech stocks trading in the city rallied 7%. A Bloomberg gauge of Macau casino shares surged as much as ...
GAC’s Ride Hailing Firm Ruqi Is Said to Pick Banks for HK IPO
Ruqi Mobility, Chinese state-backed automaker GAC Group’s ride-hailing firm, has picked banks including ABC International Holdings Ltd. for its planned Hong Kong initial public offering, according to ...
Hang Seng Bank names Jordan Cheung as new CMO
Hang Seng Bank has appointed Jordan Cheung (pictured) as chief marketing officer effective 19 December 2022. He will also become a member of the Bank’s executive committee.
Fusion Bank Launches “2nd Anniversary Thankful Celebration” Pushing Financial Inclusion to Benefit All, Building towards a Smarter Future
Fusion Bank celebrates the 2nd anniversary of the bank's launch with "2nd Anniversary Thankful Celebration", offering a range of promotions to valued customers. Two years since the launch, Fusion Bank ...
Hong Kong warned against financial incentives to address talent shortage
This approach not sustainable in long term, reduces competitiveness Businesses across Hong Kong are being warned against using financial incentives to attract and retain employees amid a sinking ...
China eases more Covid restrictions; reopening stocks in Hong Kong jump
Asia-Pacific shares are poised to slip on Wednesday after major U.S. indexes fell more than 1% each overnight on concerns about a recession weigh on markets.
Hong Kong woman arrested at bank while waiting for elderly phone scam victim to withdraw HK$4.4mil
Scammers fleece victim out of HK$2mil but suspicious bank teller foils second attempt to get even more money. Unemployed suspect, 28, claims she is also a phone scam victim.
Central Bank Prospects Drive Asian Equities Lower
Asian stock markets largely fell back on Tuesday after strong US economic reports again set the stage for more rate hikes from the US Federal Reserve. The Reserve Bank of Australia also raised rates ...
Sunshine Insurance Is Said to Consider Pricing HK IPO at Bottom
Sunshine Insurance Group Co. is leaning toward pricing its Hong Kong initial public offering at the bottom of its marketed range, according to people familiar with the matter.
China’s Sunshine Insurance to raise US$863m in Hong Kong IPO, say sources
CHINA’S Sunshine Insurance Group plans to price its shares at HK$5.83 (S$1.01) each in its Hong Kong initial public offering to raise US$863 million, according to two sources with direct knowledge of ...
Hong Kong’s livi bank, FWD General Insurance launch home insurance plan
Those who avail of the plan can enjoy insurance coverage of up to HK$5m. Hong Kong virtual lender livi bank and FWD General Insurance have jointly launched Easy HomeCare, a home insurance plan. The ...
Vigilant Hong Kong bank worker foils ‘guess-who-I-am’ phone scam, saving HK$200,000 in potential losses for victim
Scam victim, 85, had already lost HK$100,000 in earlier part of ruse, with suspect arrested after returning to collect extra money on second run Trickster pretended to be son of elderly couple, ...
DLA Piper Adds Second HK Banking Lawyer From Linklaters This Year
This is also the third partner-level hire for the firm’s Asia Finance, projects and restructuring practice in Hong Kong.