Between COVID-19 and the new national security law, foreign investors may be losing their taste for the Hong Kong market. ( read original story ...)
Secrecy and speed: Inside Ant Group’s unusual IPO process
Ahead of what's likely to be the world's largest initial public offering, China's Ant Group Co Ltd is asking lead bankers to personally sign confidentiality pacts and pressing some investors to ... ( read original story ...)
Europe lags a resurgent global IPO market
The amount raised by European companies listing on the stock market fell by a third in the first nine months of the year, in contrast with Asia and the United States where an abundance of technology ... ( read original story ...)
Exchange Outage is Latest Blow to Tokyo’s Financial Hub Dreams
The unprecedented outage that scrapped trading on the Tokyo Stock Exchange for the entire day Thursday is the last thing local authorities need at a time when Japan is seeking to reinvent the capital ... ( read original story ...)
“Bloody” battle under way between Hong Kong’s virtual banks and traditional lenders as four new players join overcrowded market
Competition between traditional lenders and a new breed of branchless banks is heating up in Hong Kong as four new players join an overcrowded market in just two weeks.Ping An OneConnect Bank ... ( read original story ...)
Bain-Backed Chindata Rises After $540 Million U.S. IPO
Chindata Group Holdings Ltd.climbed 20% in its trading debut after raising $540 million in a U.S. initial public offering priced at the top of a marketed range. ( read original story ...)
China’s support crucial to Hong Kong’s economic recovery after coronavirus, says city’s leader Carrie Lam at National Day celebration
Chief Executive Carrie Lam hails central government for always being city’s ‘strong supporter’, as she highlights how mainland successfully overcame impact of coronavirus. ( read original story ...)
Hong Kong shares rise; China Evergrande boosts property stocks
Hong Kong shares ended higher on Wednesday as sharp gains in China Evergrande Group boosted property stocks, after the developer secured investments to ease some of its liquidity crunch worries. ** At ... ( read original story ...)
Hong Kong bank deposits surge by US$50 billion in August as investors target Ant Group, other hotly anticipated IPOs
HKMA forced to intervene to weaken currency 15 times in September as hot money chases hot Chinese IPOs, secondary listings in the city. ( read original story ...)
Bain-Backed Chindata to Raise $540 Million in U.S. IPO
Chindata Group Holdings Ltd. has raised $540 million in its U.S. initial public offering after pricing at the top of a marketed range, according to people familiar with the matter. ( read original story ...)
Hong Kong August home prices post biggest monthly drop since February
Private home prices in Hong Kong fell 1.1% in August, their biggest monthly drop since February, official data by the Rating and Valuation Department showed on Wednesday, as the financial centre was ... ( read original story ...)
HKMA sells HK$7.63 bln in NY hours, currency hits strong end of band
The Hong Kong Monetary Authority sold HK$7.626 billion ($984.04 million) into the market in New York trading hours after the currency hit the strong end of its trading band, data released by the HKMA ... ( read original story ...)
Wild Boars Caught Playing in the Fountains of Hong Kong’s Bank of China Tower
A family of wild boars was captured on video taking a dip in the fountains outside the Bank of China Tower in Hong Kong. The Facebook video shows the family of boars enjoying a swim in the bank’s ... ( read original story ...)
HSBC board ill-equipped to deal with crisis in the East
Any HSBC insider will tell you that the bank’s history has been entwined with Hong Kong for 155 years and will continue to be so for centuries more.Executives selected to rise to the top of the ... ( read original story ...)