Authorities sanctioned Wei Xuan over the 2014 listing of the Chinese chemicals company, closing a chapter in a saga that had already seen big U.S. and European banks punished. ( read original story ...)
Some HSBC Branches To Pause Sat Services From Feb
HSBC announced further opening hour adjustments at retail branches in view of the Covid epidemic changes. Starting 5 February, some branches will be closed on Saturdays until further notices. Some ... ( read original story ...)
Country Style Cooking serves up Hong Kong IPO
Mainland-based quick service restaurant company Country Style Cooking Restaurant Chain Holding is seeking approval to list in Hong Kong. The company submitted an IPO application on Tuesday through ... ( read original story ...)
Hong Kong shares end marginally higher ahead of Fed policy update
Hong Kong shares ended higher on Wednesday, with gains in financial firms and tech names offset by losses in healthcare stocks, as investors awaited hints about faster tightening of monetary policy ... ( read original story ...)
Crackdown on Chinese IPOs in the U.S. could make investors think twice about betting on tech
New restrictions on Chinese IPOs overseas may mean lower returns or inability to easily exit investments, prompting investors to hold off on Chinese start-ups. ( read original story ...)
HSBC features 5 HK celebrities in CNY group Lai See campaign
In addition to Keung To, singer Ivana Wong, girl group COLLAR's Marf Yau and Day Hui, along with influencer Ray Chan also star in the campaign video. ( read original story ...)
Hong Kong Isolation to Continue; N.Y. Cases Plunge: Virus Update
Hong Kong’s zero-tolerance approach could keep the Asian financial hub cut off from most of the world until 2024, according to a draft report by the European Chamber of Commerce in the city. Most Read ... ( read original story ...)
Tencent-backed Chinese car maintenance startup Tuhu files for HK IPO
Tuhu plans to use the money raised from the IPO to help automate its distribution centers through the use of robots. ( read original story ...)
HSBC Buys back over 3.07M Shrs in London Ytd, Involving GBP15.27M
HSBC HOLDINGS (00005.HK) announced that it had repurchased 3.0758 million shares of the company yesterday (24th) in the London market, at a price ranging between GBP4.9065 and GBP5.051 each, with a ... ( read original story ...)
JD Technology, fintech unit of China’s JD.com, engages banks for Hong Kong IPO that could raise up to US$2 billion, source says
The company is working with banks to list shares in Hong Kong this year, with a deal size of between US$1-2 billion, source says The fourth listing by a JD group company in Hong Kong will see its ... ( read original story ...)
JD Technology plans Hong Kong IPO of up to $2 billion this year: report
JD Technology’s expected listing is one of a number of long-awaited IPOs from Chinese vertical giants, including Hello Inc. and Ximalaya. ( read original story ...)
FWD Group raises $200m ahead of Hong Kong IPO
Asian insurer FWD Group has raised $200m (£148m, €177m) in funding ahead of its planned Hong Kong initial public offering (IPO), according to Reuters. Reports said that the the two investors ... ( read original story ...)
HSBC adds portfolio advisory and analytics for experienced investors
Wealth Portfolio Plus’ empowers experienced investors with more options, visibility and control over their portfolios. ( read original story ...)
Tuhu Car drives in for Hong Kong listing
Tencent Holdings-backed Tuhu Car, a Chinese auto service provider, is seeking the greenlight for an IPO in Hong Kong. The issuer submitted draft documents with the Hong Kong Stock Exchange on Monday. ( read original story ...)