Kirkland & Ellis senior corporate partner Dominic Tsun, who acted on a number of notable Hong Kong IPOs in recent years, has left the firm’s Hong Kong office. A Kirkland spokesperson said, “We are committed to the Hong Kong capital markets practice as ... ( read original story ...)
BRIEF-Neusoft HK unit to use $5 mln for IPO subscription in Hospital Corporation of China Ltd
* Says its wholly owned HK subsidiary, plans to invest $5 million to subscribe new shares for Hospital Corporation of China Ltd 's IPO on Hong Kong Stock Exchange Source text in Chinese: goo.gl/slJOvi Further company coverage: (Beijing Headline News) ( read original story ...)
Saudi Aramco poised for complex call on IPO venue
Hong Kong demands a free float of 25 per cent of a company’s equity but this is regularly waived for deals over $1bn. Last year for example, Postal Savings Bank of China floated 15 per cent to raise $7.4bn in the biggest IPO worldwide since Alibaba. ( read original story ...)
Hyderabad explores business opportunities in Hong Kong via HKTDC
Hong Kong Trade Development Centre (HKTDC), a facilitator of international trade via Hong Kong, organised a seminar in collaboration with The Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry, in Hyderabad, on March 9, 2017. ( read original story ...)
Hang Seng Bank Ltd. (HSNGY) Cut to “Sell” at Zacks Investment Research
According to Zacks, “HANG SENG BANK is a world-class financial institution and one of Hong Kong’s largest listed companies in terms of market capitalisation. In keeping with our name, which means ever-growing in Chinese, we are growing alongside our ... ( read original story ...)
HONG KONG’S GINI LAUNCHES INNOVATIVE CUSTOMER LOYALTY APP WITH EWISE
Gini’s launch coincides with Hong Kong’s emergence as a Fintech player driven by Hong Kong’s robust capital markets, banking experience and the city’s gradual cultural shift from conservatism to experimentation as signaled by Hong Kong’s Monetary ... ( read original story ...)
Hong Kong’s longest siege: the 1974 Po Sang Bank robbery and the ‘Courageous Eleven’
It was almost 5pm and the Po Sang Bank branch on Shanghai Street was about to close when a man stormed in. “Lie down and don’t move,” Lee Wa-bun shouted, waving his pistol in the air. The staff froze in panic as they realised it was an armed robbery. ( read original story ...)