Category: FINANCE

Hong Kong is exploring the possibility of getting in on the craze around special purpose acquisition companies (Spac), which has begun to gain ground in Asia this year. ( read original story ...)

The Asian financial centre may ape Wall Street by letting blank-cheque firms list on its bourse. Yet it only recently squished a boom in shifty shell companies. And the issues SPACs claim to avoid ... ( read original story ...)

Hot Stocks}BOC HONG KONG (02388) quoted at HK$26, up 2.56% Next︰026:58 {I-bank focus}Goldman lifts BOCHK (02388) to HK$35.5 Copyright 2021 ET Net Limited. ET Net Limited, HKEx Information ... ( read original story ...)

The blank check companies could increase the hot IPOs available to investors so the throngs don’t all go chasing a small number of good deals. ( read original story ...)

Chinese officials cited antitrust issues when they halted Ant Group’s IPO last year days before the planned $37 billion listing in Hong Kong and Shanghai. ( read original story ...)

Eric Jing, executive chairman of Ant Group, said the company will find a "short-term liquidity solution" for employees and committed to an IPO. ( read original story ...)

Ting Hsin International Group, the Taiwanese food company behind the Master Kong brand, is weighing a Hong Kong initial public offering of its restaurant business in mainland China, people with ... ( read original story ...)

Christopher Laskowski, head of Hong Kong corporate and investment banking at Citigroup Inc., is leaving after 23 years at the U.S. bank, according to people familiar with the matter.Laskowski, who ... ( read original story ...)

The overhaul will expand the number of companies it covers and give more sway to fast-growing technology stocks. ( read original story ...)

The executive chairman also said the company would look for ways to help workers monetize some of their shares after the company was forced to call off its listings. ( read original story ...)

Hong Kong is exploring allowing listing of special purpose acquisition companies, jumping into a market that has sparked a frenzy of U.S. dealmaking. The government has asked the Hong Kong exchange ... ( read original story ...)

Hong Kong’s decision to raise the stamp duty on stock trading won’t harm the competitiveness of the financial hub, the city’s finance chief said. ( read original story ...)

Its main Asian competitor, Singapore, is also looking at opening up for Spacs. . Read more at straitstimes.com. ( read original story ...)

One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd. and Xiaomi Corp. while some current heavyweights could face selling ... ( read original story ...)