Based in Hong Kong, Daisy will join HSBC AM on 8 November and report to CEO Nicolas Moreau. Daisy has over 20 years’ experience in the asset management industry and joins from Fidelity International, ... ( read original story ...)
National security law: Hong Kong activist set to plead guilty to secession, money-laundering charges
Tony Chung, 19, indicates he will plead guilty to secession, money-laundering charges following plea bargain with prosecutors. ( read original story ...)
Chinese IPOs return to New York with a whimper
What makes a Chinese initial public offering Chinese? Shares of LianBio fell 14% on their first day trading in New York on Monday after raising $325 million. It touts a foreign domicile and U.S. ( read original story ...)
JCB And BOCHK Announce JCB Contactless Acceptance In The E-payment System Of KMB And LWB In Hong Kong
JCB International Co., Ltd., an international operations subsidiary of JCB Co., Ltd., has launched JCB Contactless payment service in the e-payment system of Long Win Bus Co. Ltd. (“LWB”), in ... ( read original story ...)
Amazon-Backed EV Maker Rivian Seeks Up to $8.37 Billion in IPO
Rivian Automotive Inc., the electric truck maker backed by Amazon.com Inc., plans to raise as much as $8.37 billion in an initial public offering. A listing at the top of that range would eclipse the ... ( read original story ...)
Hong Kong’s Hang Seng index surges nearly 2%; Australia central bank rate decision ahead
The Reserve Bank of Australia is set to announce its interest rate decision at around 11:30 a.m. HK/SIN. Overnight on Wall Street, the the S&P 500 gained 0.18% to a record closing high of 4,613.67. ( read original story ...)
Rivian looking to raise up to $8.4 billion in upcoming IPO
Rivian said it plans to sell 135 million shares for $57 to $62 each, according to its filing Monday with the U.S. Securities and Exchange Commission. At the top of that range, Rivian would have a ... ( read original story ...)
Rivian Attracts Blackstone to IPO of Up to $8.4 Billion
Rivian Automotive Inc., the electric truck maker backed by Amazon.com Inc., is seeking to raise as much as $8.4 billion in an initial public offering that could give it a market value of as much as ... ( read original story ...)
Hong Kong Market extends losses after China data
Meanwhile, selloff was also fueled on caution ahead of the U.S. Federal Reserve's policy meeting on Tuesday, where investors widely expect the U.S. central bank to announce a tapering of stimulus. The ... ( read original story ...)
Hong Kong Is China’s Financial Gateway To The World
Hong Kong has long been a gateway to and from Mainland China, and different data points show that the city originates and intermediates about two-thirds of China's inward foreign direct investment and ... ( read original story ...)
Hong Kong Seeks Financial Inclusion With Digital Currency
Hong Kong, as a leading international financial centre and the main gateway to China’s economy, is assessing the feasibility of developing its own CBDC assets. ( read original story ...)
Skechers reportedly mulls IPO plan for Asian business in Hong Kong
Marketing Interactive is Asia's leading source of advertising, marketing & media news. News coverage includes Singapore, Malaysia and Hong Kong, reaching out to all marketing & advertising related ... ( read original story ...)
Hong Kong virtual bank Livi woos borrowers through mobile games and big data
The use of technology, such as big data and mobile gaming, has enabled Livi Bank to tap business opportunities from borrowers whose needs have been overlooked by the city's 160 licensed banks, ... ( read original story ...)
Australia Beats Hong Kong in IPOs for First Time Since 2019
The market for initial public offerings in Sydney has been on a tear, with the amount of deals priced last month surpassing that in Hong Kong for the first time in over two years. ( read original story ...)