Hong Kong’s top market regulator is talking to finance firms to bring back their licensed staff that have been working abroad amid efforts by the city to revive its status as a vibrant business ... ( read original story ...)
Hong Kong digital lender WeLab expands to Southeast Asia via US$510 million acquisition of Indonesia’s Bank Jasa Jakarta
Hong Kong-based digital lender WeLab, with other investors, is spending US$510 million to expand into Southeast Asia, with plans to launch digital banking in Indonesia next year. ( read original story ...)
China Vanke unit Onewo to raise $783 million in Hong Kong’s largest IPO of 2022
The subsidiary, Onewo Space-Tech Service, has set a price range of HK$47.1 to HK$52.7 a piece in the public offering of 116.74 million of its shares, which represent 10% of the company's share capital ... ( read original story ...)
China Vanke’s Property Management Arm Plans Up to $783.6 Million IPO
Onewo is seeking to raise up to $783.6 million in its Hong Kong IPO against the backdrop of a difficult market for new listings and turmoil in China’s real-estate market. ( read original story ...)
China Vanke unit Onewo to raise US$783m in Hong Kong’s largest IPO of 2022
Developer China Vanke's property services arm has launched Hong Kong's largest initial public offering (IPO) of 2022, aiming to raise up to US$783.5 million in a deal that will be a key test for ... ( read original story ...)
ByteDance pays to kick IPO can down the road
ByteDance is dancing to a different tune to keep stakeholders happy. TikTok's Chinese parent is spending up to $3 billion to buy back shares at a price that values the company at around $300 billion. ( read original story ...)
China Vanke’s Unit Seeks Up to $784 Million in Hong Kong IPO
Onewo Inc., the property management unit of real estate developer China Vanke Co., is planning to raise as much as about HK$6.2 billion ($784 million) through a Hong Kong initial public offering.Most ... ( read original story ...)
Hong Kong could see deficit of over HK$100 billion, financial chief says, as Covid continues to batter economy
The Hong Kong government’s fiscal situation will likely be “worse than expected,” Financial Secretary Paul Chan has said, as he predicted the city could see a deficit of more than HK$100 billion this ... ( read original story ...)
Onewo Space-Tech launches US$783 million Hong Kong IPO
China's Onewo Space-Tech Service has launched Hong Kong's largest initial public offering (IPO) in 2022 as it aims to raise up to HK$6.15 billion (US$783.54 million), according to its regulatory ... ( read original story ...)
China Vanke Unit Onewo Seeks to Raise $784 Mln in Hong Kong IPO
Investing.com-- Onewo Inc, the property management unit of real estate giant China Vanke Co Ltd (SZ:000002), plans to raise as much as HK$6.2 billion ($784 million) through a long-awaited initial ... ( read original story ...)
As IPO market languishes in the US, listings head east to booming China
The epicentre of global initial public offering activity has shifted east to China as waves of volatility and slumping stock markets have sent virtually all sizeable listings in the US into limbo. ( read original story ...)
AXA Hong Kong and HSBC jointly launch HelperShield Insurance
15, 2022 /PRNewswire/ -- With an increasing market demand for domestic helpers in recent years, AXA Hong Kong ("AXA") and HSBC launch a new insurance plan, "HelperShield Insurance", to offer ... ( read original story ...)
Hong Kong may record its second worst deficit in history at more than HK$100 billion amid ongoing coronavirus pandemic: Paul Chan
Government's financial reserve might further dip to around HK$800 billion, Chan reveals on blog 'Amid the economic slump, the government's revenue is not going to meet its expectation while its ... ( read original story ...)
From Billionaire To Possible Bankruptcy: Pan Sutong’s Battle To Save His Real Estate Empire
The property mogul once amassed a $12.2 billion fortune that made him the sixth-richest person in Hong Kong, and harbored dreams to build the tallest skyscraper in mainland China. But his plans are ... ( read original story ...)