Most Read from BloombergChina Alarms US With Private Warnings to Avoid Taiwan Strait‘Party Like a Russian’ Turns Toxic at Putin’s Flagship ForumStocks, Bonds Fall on Inflation Shock; Yen Slumps: ... ( read original story ...)
HSBC Buys back Over 3.18M Shrs in HK, London Last Fri for $157M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.184 million shares in London and Hong Kong last Friday (10th), involving a total of approximately HKD157 million. HSBC ... ( read original story ...)
HSBC Could Unlock $26.5 Billion in Asia Spin-Off, Report Says
Two other scenarios that could benefit shareholders are for HSBC to spin off the Asian business or just its Hong Kong retail operations into partial initial public offerings, Toto Consultancy Ltd. ( read original story ...)
Splitting HSBC ‘could net investors a £22bn windfall’
A report from Hong Kong consultancy In Toto claims splitting off the Asian arm and selling it could fetch up to £21.5billion. ( read original story ...)
Outdoor gear retailer Beneunder sparks ire of Communist Party mouthpiece People’s Daily as it seeks Hong Kong IPO
An article in the People’s Daily, the mouthpiece of the Chinese Communist Party, recently questioned a company seeking to list its shares in Hong Kong, a rare move that has baffled some analysts and ... ( read original story ...)
HSBC could unlock US$26.5 billion in Asia spin-off, report says
A break up of HSBC Holdings Plc’s Asian unit could unlock US$26.5 billion, or a fifth of its current market value, according to research that could substantiate a push from its largest shareholder to ... ( read original story ...)
HSBC could be in line for £22bn boost from break-up, researchers claim
HSBC is missing out on £22bn of shareholder returns by not spinning off its Asian operation as a separate business, according to new research commissioned by the major investor pushing for a breakup ... ( read original story ...)
Samsung Asset Management launches first blockchain-focused ETF in Hong Kong as technology grows beyond cryptocurrencies
a portfolio manager at Samsung Asset Management (HK). The top 10 holdings of the ETF are likely to include US-listed exchange CME Group, which offers bitcoin futures contracts, cryptocurrency banking ... ( read original story ...)
Hang Seng Bank Limited (OTCMKTS:HSNGY) Short Interest Update
Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Rating) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 28,400 shares, a ... ( read original story ...)
HSBC, Standard Chartered must address ‘shortcomings’ in plans for a potential bank failure: Bank of England
Britain’s biggest banks can fail ‘safely’ in a future financial crisis, continuing to provide ‘vital’ services to customers, but more work still needed by some, Bank of England says. ( read original story ...)
IPO Listings Slow in Asia
In total, just $2.1 billion has been raised in 2022 via IPOs and secondary listings in Hong Kong. When compared to the $20.7 billion raised over the same period in 2021, the figures make for the ... ( read original story ...)
BOC prices green outing at ‘eye-catching’ level
Bank of China’s Frankfurt branch sold a tightly priced $500m three year green bond on Thursday, riding on strong local demand and backing from its bookrunners to get away with razor-thin landing ... ( read original story ...)
Ant Group IPO Revival Buffets Alibaba Stock
The market has been rallying this week in Hong Kong in particular with several indications that the crackdown is coming to a close. But an Ant IPO revival? That really would take us back to the start. ( read original story ...)
Mulling over a future with ‘blank checks’
Hong Kong's new listing regime for special purpose acquisition companies has drawn a slow but encouraging response amid global geopolitical uncertainties. Market pundits say the regime will attract ... ( read original story ...)