Demand for the latest Silver Bonds offering 3.5 per cent annual coupon has already exceeded that recorded for four previous issues, according to joint lead manager HSBC. ( read original story ...)
Former Hong Kong Lawmaker Urges U.S. to Punish China’s ‘ATM’: the Banking Sector
The United States should target Hong Kong's financial sector with tougher sanctions to deprive China from its 'ATM' and to force Beijing to the negotiating table over its crackdown on the Asian ... ( read original story ...)
China Toymaker Joins Global IPO 1st-Day Pop Party with 112% Jump
A Chinese maker of toys encased in “mystery boxes” is the latest company to join the global initial public offering first-day pop party. ( read original story ...)
Hong Kong restaurants and bars feel they can’t survive new Covid rules without subsidies, says tycoon
Hong Kong is reimposing strict Covid regulations in a bid to control the coronavirus situation in the city. Allan Zeman, chairman of Lan Kwai Fong Group, discusses what this means for food and ... ( read original story ...)
Chinese toy maker Pop Mart doubles in value in Hong Kong IPO debut
Chinese toy maker Pop Mart International Group, seller of the renowned 'Molly' doll and figurines wildly popular among China's cashed-up millennials, is now worth $14 billion after its stock price ... ( read original story ...)
Pop Mart shares jump 100% in Hong Kong IPO debut
Pop Mart 9992.HK shares opened 100% higher in its Hong Kong stock market debut on Friday after the Chinese toy maker raised $676 million in an initial public offering (IPO). The company priced its IPO ... ( read original story ...)
Hong Kong’s finance chief forecasts economic recovery next year, but admits it all depends on Covid-19 vaccine and US-China relations
Financial Secretary Paul Chan forecasts recovery in second half of 2021, but says it will depend on availability of Covid-19 vaccine, and improvement in US-China relations. ( read original story ...)
Hong Kong IPO Makes This 33-Year-Old Chinese Toy Tycoon A Billionaire Several Times Over
Wang Ning saw his wealth surge almost three fold this year, thanks to strong investor demand for the initial public offering of his Pop Mart International Group. ( read original story ...)
HSBC’s Top Bond Analyst Moves to Hong Kong From London to Boost Asia Business
Steven Major, HSBC Holdings Plc’s global head of fixed-income research, has relocated to Hong Kong from London to boost the firm’s Asia business. ( read original story ...)
Hong Kong Gets Chinese Audit Papers the U.S. Is Demanding
Hong Kong has received the first access to financial audits from mainland Chinese companies, an issue that has vexed relations between the U.S. and China and threatens to lead to the delisting in New ... ( read original story ...)
Hong Kong joins the IPO pop parade
First-day gains in the city’s debuts have bested New York’s this year for only the second time in a decade. Rallying stocks help, but JD Health’s 56% jump suggests a more dynamic market following a ... ( read original story ...)
Renewed Selling Pressure Anticipated For Hong Kong Shares
The Hong Kong stock market on Wednesday ended the two-day slide in which if had fallen more than 530 points or 2 percent. The Hang Seng Index now sits just above the 26,500-point plateau although it ... ( read original story ...)
Breakingviews – Hong Kong joins the IPO pop parade
Bankers have for years told investors and corporate clients not to expect big first-day gains in Hong Kong like those New York is renowned for. This is no longer true after a series of eye-popping ... ( read original story ...)
Stocks retreat from record highs as DoorDash IPO booms
U.S. equity markets surrendered their early gains Wednesday as traders digested a setback in COVID-19 relief talks and the pending approval of a vaccine which could come as early as tomorrow. ( read original story ...)