Tag: banking

An engineering services company that raised just $16 million in its Hong Kong initial public offering soared 186% on the first day of trading, making it the best debut in the city this year. ( read original story ...)

Singapore state investor Temasek Holdings is considering an investment in the initial public offering (IPO) of Chinese financial technology company Ant Group, which could be the world's biggest IPO, ... ( read original story ...)

Saudi Arabia's sovereign fund PIF is weighing a potential investment in the initial public offering of Chinese financial technology firm Ant Group, which could be the world's biggest IPO, two sources ... ( read original story ...)

The markets in Hong Kong and China swung to declines at the close on Thursday, with caution about a market rebound prevailing over early optimism over recent and upcoming IPOs and gains made by US ... ( read original story ...)

Yum China's initial public offering debut in Hong Kong could have had its valuation referenced from its U.S.-listed entity, says Hao Hong from the Bank of Communications International. ( read original story ...)

Hong Kong shares retreated in the afternoon session to finish lower on Thursday, tracking broad weakness in the mainland market dragged down by a slump in China's start-up stocks. ** At the close of ... ( read original story ...)

HSBC plans to trim a host of banking fees from November for many of its retail customers to fend off competition from virtual banks. Rival lenders are likely to respond, pressuring margins in an ... ( read original story ...)

Former Macquarie banker Andrew Low, who will lead a new group advising government, reckons Hong Kong will be dominated by Chinese firms and global companies will look elsewhere. ( read original story ...)

The Shanghai stock exchange said on Wednesday that it would review the listing of Chinese financial technology firm Ant Group on the local STAR Market on Sept. 18. ( read original story ...)

the financial sector ended 0.66% lower and the property sector dipped 0.13%. ** The top gainer in the Hang Seng was Hong Kong and China Gas Co Ltd, which gained 2.5%, while the biggest loser was ... ( read original story ...)

The public offering of a bottled water giant has propelled its founder into the ranks of the three richest people in China, thanks to an ownership structure that reflects some potential risks of ... ( read original story ...)

The Hong Kong stock market on Tuesday halted the four-day losing streak in which it had declined more than 550 points or 2.2 percent. The Hang Seng Index now rests just above the 24,620-point plateau ... ( read original story ...)

Hong Kong and China stocks gained on Tuesday, after Chinese water bottler Nongfu Spring’s stellar trading debut offset a correction in technology stocks as well as a threat by US President Donald ... ( read original story ...)

Hong Kong stocks recouped earlier losses to close higher on Tuesday, helped by gains in financial and telecoms firms. ** At the close of trade, the Hang Seng index was up 0.14% at 24,624.34 after ... ( read original story ...)