EV starup WM expects to launch a total of 5 EVs by 2022, targeting China’s young and tech-savvy users, particularly families ... ( read original story ...)
HSBC Buys back Over 3.09M Shrs in HK, London Ytd for $162M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.0929 million shares in London and Hong Kong yesterday (1st), involving a total of approximately HKD162 million. HSBC repurchased ... ( read original story ...)
HSBC plans $448 million investment in Chinese business – Xinhua
HONG KONG (Reuters) -HSBC Holdings plans to invest more than 3 billion yuan($448 million) in its Chinese operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges ... ( read original story ...)
Unlike the rest of the world, Hong Kong isn’t suffering from a rise in energy prices: DBS Bank
Sebastian Paredes of the bank explains why inflation remains relatively low in Hong Kong. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ... ( read original story ...)
Hong Kong brokerage Zhong Yang stock rockets over 200% following $25M US IPO
Hong Kong-based online brokerage Zhong Yang Financial Group (TOP) saw its shares rocket over 200% following its $25M US initial public offering on Wednesday. Shares opened at $25, dropping to a ... ( read original story ...)
Wego Group Said to Pick Banks for Dialysis Unit Hong Kong IPO
China’s Wego Group has selected advisers for a Hong Kong initial public offering of its dialysis unit, according to people familiar with the matter.Most Read from BloombergReady to Buy a House? Just W ... ( read original story ...)
Ant Group-backed smart vending machine start-up Ubox seeks Hong Kong IPO after failing to list in A-shares market
Beijing Ubox Online Technology Corp, which posted over US$204 million in losses over the past two years, had been working for more than four years to list on the A-shares market, but withdrew its IPO ... ( read original story ...)
HSBC plans US$448 million investment in Chinese business: Report
HSBC Holdings plans to invest more than 3 billion yuan (US$448 million) in its Chinese operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges for the economy ... ( read original story ...)
HSBC to invest 3 bln yuan in Chinese business – Xinhua
HONG KONG, June 1 (Reuters) - HSBC Holdings (HSBA.L) plans to invest more than 3 billion yuan($448 million) in its China operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he ... ( read original story ...)
Hong Kong shares fall amid lingering worries about China’s economy
China's financial hub Shanghai sprung back to life on Wednesday after two months of bitter isolation under a ruthless COVID-19 lockdown. ( read original story ...)
China’s EV Maker WM Motor Said to Weigh $1 Billion Hong Kong IPO
Chinese electric vehicle manufacturer WM Motor Holdings Ltd. is considering raising about $1 billion in a Hong Kong initial public offering, according to people familiar with the matter. Most Read ... ( read original story ...)
HSBC to Invest 3 Billion Yuan in Chinese Business – Xinhua
HSBC Holdings plans to invest more than 3 billion yuan($448 million) in its China operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges for the economy but ... ( read original story ...)
HSBC Buys back Over 3.14M Shrs in HK, London Ytd for $164M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.1464 million shares in London and Hong Kong yesterday (31 May), involving a total of approximately HKD164 million. HSBC ... ( read original story ...)
Backed by former Alibaba.com head, Vision Deal SPAC moves closer to listing as Hong Kong’s second blank-cheque offering
Hong Kong’s second blank-cheque company Vision Deal, backed by former Alibab.com head Zhe Wei, is targeting up to US$130 million to fund future buyout opportunities in smart-car tech and e-commerce. ( read original story ...)