Financial companies have sought to reassure investors in recent days, saying their exposure to the world’s most indebted developer was immaterial or minimal. ( read original story ...)
Exome-Backed Broncus Holding Corporation Launches Hong Kong Public Offering
The IPO was valued at $1.26 billion and will trade on the Stock Exchange of Hong Kong ("HKEX"). Exome was also part of Broncus Holding Corporation's Series D round in early 2021. Sam Isaly, Managing ... ( read original story ...)
HSBC, Bank of China among 11 lenders to complete US$619 million in deals as southbound Bond Connect debuts
Eleven Hong Kong lenders including HSBC and Bank of China (Hong Kong) completed 4 billion yuan (US$618.73 million) worth of transactions on the first day of trading of the newly launched southbound ... ( read original story ...)
Hong Kong rises to 3rd place among world’s financial centers
Hong Kong ranked third globally in the lates Global Financial Centers Index GFCI published by the British think tank ZYen Gro ... ( read original story ...)
BizBeat Ep.227: Southbound Bond Connect kicks off; Two-way financial market opening-up speeds up
China has launched Southbound Bond Connect to allow mainland investors to trade bonds in Hong Kong. This is another major measure taken by China to support the development of Hong Kong. The southbound ... ( read original story ...)
Apollo Unit Backs Hong Kong Insurer FWD’s $3 Billion U.S. IPO
Hong Kong tycoon Richard Li’s FWD Group landed a $400 million investment as part of the Asian insurer’s plans for a multibillion-dollar U.S. listing. ( read original story ...)
HSBC, Bank of China among five lenders to complete deals as southbound Bond Connect debuts
The southbound Bond Connect link allows 13 Hong Kong banks to trade bonds for 41 mainland banks and 173 professional investors in the city, with the daily quota set at 20 billion yuan and 500 billion ... ( read original story ...)