Tag: banking

Ant Group Co Ltd is poised to raise up to $34.4 billion in the world's largest stock market debut as investors rush to buy into the fast-growing Chinese fintech giant despite ... ( read original story ...)

Chinese brokerages are having a bumper year for equity dealmaking, with Ant Group’s multi-billion-dollar initial public offering poised to boost their showing in the global ranking to the best in at ... ( read original story ...)

Ant Group’s world-record-beating IPO will lift the fortune of China Internet heavyweight Jack Ma by $27 billion and create at least 18 other billionaires, according to pricing announced by the company ... ( read original story ...)

Lufax hopes to go public in the US, aiming to raise $2.4 billion at a valuation of around $30 billion, and expects to start trading on October 30. ( read original story ...)

China's Ant Group Co Ltd 688688.SS on Monday set the pricing for the Shanghai leg of its mega dual-listing at 68.8 yuan ($10.27) per share, the company said in a filing to the local exchange. Ant ... ( read original story ...)

Chinese technology giant ByteDance is in early stage talks to take some of its business including Douyin public, a person familiar with the matter told CNBC. ( read original story ...)

Ant Group Co. has set the price for its initial public offering in Shanghai, paving the way for a blockbuster sale that may give the Chinese fintech giant a valuation higher than JPMorgan Chase & Co. ( read original story ...)

That would value the China portion of the sale at as much as $17.3 billion, or close to $35 billion for the dual listing including the Hong Kong leg. Jack Ma Photographer: Kiyoshi Ota/Bloomberg Ant’s ... ( read original story ...)

HSBC, Standard Chartered may benefit from a better trading environment in the third quarter, but net interest margin pressure likely continued, analysts said. ( read original story ...)

Financial Secretary Paul Chan says mainland China growth will boost export figures for September, while city leader Carrie Lam pledges to ‘spare no effort’ to help pandemic-hit businesses. ( read original story ...)

The government, in launching large projects, has used various development models to ease the financial burden. Providing a clear direction will help win public confidence. ( read original story ...)

Mainland China's return to growth will help the Hong Kong economy recover from the battering by the coronavirus, according to the city's financial chief, who predicted a "significant improvement" to ... ( read original story ...)

Boc Hong Kong (OTCMKTS: BHKLY) is one of 74 public companies in the “Commercial banks, not elsewhere classified” industry, but how does it weigh in compared to its rivals? We will compare Boc Hong ... ( read original story ...)

Boc Hong Kong (OTCMKTS: BHKLY) is one of 74 publicly-traded companies in the “Commercial banks, not elsewhere classified” industry, but how does it weigh in compared to its competitors? We will ... ( read original story ...)