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Category: FINANCE

Posted on 02/06/2022

Wego Group Said to Tap Banks for Dialysis Unit Hong Kong IPO

China’s Wego Group has selected advisers for a Hong Kong initial public offering of its dialysis unit, according to people familiar with the matter.Most Read from BloombergElon Musk’s Ultimatum to ... ( read original story ...)

Posted on 02/06/2022

WM Motor eyes $1 billion IPO, report says

EV starup WM expects to launch a total of 5 EVs by 2022, targeting China’s young and tech-savvy users, particularly families ... ( read original story ...)

Posted on 02/06/2022

HSBC Buys back Over 3.09M Shrs in HK, London Ytd for $162M

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.0929 million shares in London and Hong Kong yesterday (1st), involving a total of approximately HKD162 million. HSBC repurchased ... ( read original story ...)

Posted on 02/06/2022

HSBC plans $448 million investment in Chinese business – Xinhua

HONG KONG (Reuters) -HSBC Holdings plans to invest more than 3 billion yuan($448 million) in its Chinese operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges ... ( read original story ...)

Posted on 02/06/2022

Unlike the rest of the world, Hong Kong isn’t suffering from a rise in energy prices: DBS Bank

Sebastian Paredes of the bank explains why inflation remains relatively low in Hong Kong. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ... ( read original story ...)

Posted on 01/06/2022

Hong Kong brokerage Zhong Yang stock rockets over 200% following $25M US IPO

Hong Kong-based online brokerage Zhong Yang Financial Group (TOP) saw its shares rocket over 200% following its $25M US initial public offering on Wednesday. Shares opened at $25, dropping to a ... ( read original story ...)

Posted on 01/06/2022

Wego Group Said to Pick Banks for Dialysis Unit Hong Kong IPO

China’s Wego Group has selected advisers for a Hong Kong initial public offering of its dialysis unit, according to people familiar with the matter.Most Read from BloombergReady to Buy a House? Just W ... ( read original story ...)

Posted on 01/06/2022

Ant Group-backed smart vending machine start-up Ubox seeks Hong Kong IPO after failing to list in A-shares market

Beijing Ubox Online Technology Corp, which posted over US$204 million in losses over the past two years, had been working for more than four years to list on the A-shares market, but withdrew its IPO ... ( read original story ...)

Posted on 01/06/2022

HSBC plans US$448 million investment in Chinese business: Report

HSBC Holdings plans to invest more than 3 billion yuan (US$448 million) in its Chinese operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges for the economy ... ( read original story ...)

Posted on 01/06/2022

HSBC to invest 3 bln yuan in Chinese business – Xinhua

HONG KONG, June 1 (Reuters) - HSBC Holdings (HSBA.L) plans to invest more than 3 billion yuan($448 million) in its China operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he ... ( read original story ...)

Posted on 01/06/2022

Hong Kong shares fall amid lingering worries about China’s economy

China's financial hub Shanghai sprung back to life on Wednesday after two months of bitter isolation under a ruthless COVID-19 lockdown. ( read original story ...)

Posted on 01/06/2022

China’s EV Maker WM Motor Said to Weigh $1 Billion Hong Kong IPO

Chinese electric vehicle manufacturer WM Motor Holdings Ltd. is considering raising about $1 billion in a Hong Kong initial public offering, according to people familiar with the matter. Most Read ... ( read original story ...)

Posted on 01/06/2022

HSBC to Invest 3 Billion Yuan in Chinese Business – Xinhua

HSBC Holdings plans to invest more than 3 billion yuan($448 million) in its China operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges for the economy but ... ( read original story ...)

Posted on 01/06/2022

HSBC Buys back Over 3.14M Shrs in HK, London Ytd for $164M

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.1464 million shares in London and Hong Kong yesterday (31 May), involving a total of approximately HKD164 million. HSBC ... ( read original story ...)

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