Tag: banking

Fraser Howie, an independent analyst, tells CNBC that Hong Kong has a "very successful" stock exchange and China-related finance sector, but is also a city "torn apart" by political unrest, where many ... ( read original story ...)

As tensions mount between Washington and Beijing ahead of the U.S. presidential elections in November, Stonehorn Global Partners' Sam Le Cornu sees more Chinese firms returning home. ( read original story ...)

The stock opened at 39.80 Hong Kong dollars per share ($5.14), more than 85% higher than its initial public offering price of 21.50 Hong Kong dollars ($2.77). ( read original story ...)

Shares in China’s Nongfu Spring surged ahead of its Hong Kong debut, after investors thirsty for new stock sales placed nearly $150 billion of orders for a $1.1 billion deal. ( read original story ...)

HSBC is using artificial intelligence technology (AI) developed in-house to help it make sure ATMs are appropriately stocked with cash. ( read original story ...)

Nongfu Spring, which makes 60 per cent in profit for every bottle of water it sells, has become the hottest initial public offering (IPO) in Hong Kong's financial history, locking up so much money ... ( read original story ...)

Cigna Hong Kong today released the Hong Kong findings of the latest edition of its Cigna COVID-19 Global Impact Study. Part of Cigna's annual 360 Well-Being Survey, this research is the second in a ne ... ( read original story ...)

Breaking up is hard to do, but for ‘the world’s local bank’ stuck in the middle of the US-China crossfire, it may be the only way to win investors back, writes Neil Newman. ( read original story ...)

Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's mammoth initial public offering of up to $30 billion, two people with direct ... ( read original story ...)

Li Ka-shing is selling two properties in Beijing and Shanghai worth $10 billion in the latest sign he is pulling out of mainland China, where ties to power appeared to have weakened under President Xi ... ( read original story ...)

Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's huge initial public offering, two sources said. ( read original story ...)

Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's mammoth initial public offering of up to $30 billion, two people with direct ... ( read original story ...)

Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's initial public offering of up to $30 billion, as a joint lead manager on the Hong ... ( read original story ...)

The IPO market has been hot lately—with some of the most compelling deals still to come, Renaissance Capital chairman Kathleen Smith said. ( read original story ...)