STX Entertainment’s plans for an IPO on the Hong Kong Stock Exchange are facing new questions given a volatile Hong Kong market and a recent string of box office misfires. Melissa McCarthy’s “Happytim... ( read original story ...)
For STX, Box Office Dip And China-U.S. Trade War Cloud Hong Kong IPO Picture
EXCLUSIVE: Ever since it planted a flag in the shifting ground of the movie business, STX Entertainment has fashioned itself a different kind of studio, an operation bent on proving Hollywood’s long-h... ( read original story ...)
Convoy protagonists gather in Hong Kong High Court for day one of hotly anticipated financial battle royal
The first salvoes in a corporate legal battle royal between the two largest shareholders of Hong Kong’s biggest independent financial advisory firm were fired on Monday, as the second largest sharehol... ( read original story ...)
Hong Kong Intervenes to Defend Peg for Fourth Day This Month
adding to an earlier purchase of HK$3.93 billion, according to the de facto central bank’s page on Bloomberg. That took its purchases to HK$25.3 billion in August, the first month it has intervened si... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) stocks rally after Chinese central bank moves to stabilise the yuan
The Hong Kong and mainland China stock markets rallied on Monday, after the Chinese central bank signalled it would guide the market more proactively in the face of a stronger US dollar and the ongoin... ( read original story ...)
Pricey Hong Kong homes push some beyond the law
Hong Kong’s stratospheric property prices are pushing some residents beyond the law. A small, but significant, number of younger people are living in industrial buildings, trading comfort and convenie... ( read original story ...)
Chinese bitcoin mining rig makers aim to raise billions in HK IPOs
It is not just the price of bitcoin that is causing worries. People close to the IPOs said regulatory scrutiny and a patchy performance by Hong Kong offerings this year were additional concerns. Julia... ( read original story ...)
Hong Kong activist group says two members were detained during China visit
A leading Hong Kong democracy activist has said two members of his political group were detained in mainland China, raising concerns that the separation between the police systems of Hong Kong and the ... ( read original story ...)
Chinese bitcoin mining rig makers aim to raise billions in Hong Kong IPOs: sources
Canaan and Ebang filed plans in May and June respectively for floats in Hong Kong, while Bitmain is expected to file its plans next month for an IPO in which it aims to raise at least $3 billion, sour... ( read original story ...)
Chinese bitcoin mining rig makers aim to raise billions in HK IPOs: sources
It is not just the price of bitcoin that is causing worries. People close to the IPOs said regulatory scrutiny and a patchy performance by Hong Kong offerings this year were additional concerns. Julia... ( read original story ...)
China’s Best-Performing Bank Stock May Have More Room to Rise
Postal Bank is China’s best-performing financial stock this year, and analysts surveyed by Bloomberg say its shares could rise an average 26 percent from the current HK$4.55. “The valuation of Postal ... ( read original story ...)
Fast Asia Open: China industrial profits, Hong Kong trade data
Raphael Bostic, president of the Atlanta Fed, told the Financial Times that he believed the US was ... futures tip Sydney’s S&P/ASX 200 index and Tokyo’s Topix to open flat, while Hong Kong’s Hang Sen... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) shares fell on Friday morning
Hong Kong shares fell on Friday morning as a broadly strong week drew to an end, with traders given a negative lead from Wall Street while US-China trade talks ended with no breakthrough. The Hang Sen... ( read original story ...)
Week In Review: 3 More China Biopharmas Planning Hong Kong IPOs
Mabpharm Limited, a Taizhou biotech, will IPO in Hong Kong, the eleventh pre-revenue China biopharma to be approved to list there. Mabpharm is developing a portfolio of nine biosimilars, which it hope... ( read original story ...)