Tag: banking

Hong Kong's IPO market will continue to benefit from the return of Chinese companies to their home market. Mainland China has two major stock exchanges - in Shanghai and Shenzhen - but they will not ... ( read original story ...)

Ping An OneConnect Bank (PAOB) recently revealed that it has teamed up with JETCO in order to provide cardless ATM withdrawal services. PAOB clients will now have the option to make cash withdrawals ... ( read original story ...)

Shenzhen’s economy has grown bigger than Hong Kong’s, and it is now home to several of China’s largest companies such as the US$700 billion games publisher Tencent Holdings, the 5G telecommunications ... ( read original story ...)

Didi Chuxing is also considering dual listing in Hong Kong, according to the Bloomberg report. Didi Chuxing reportedly is raising $1.5 billion in debt financing ahead of its planned IPO, Bloomberg ... ( read original story ...)

Rail giant MTR Corporation and HK Electric both said they planned to recruit slightly more graduates this year than last, while HSBC, accounting firm Ernst and Young, power company CLP and the Hong ... ( read original story ...)

A few weeks ago, however, the Foundation took Hong Kong (and Macau) off its list completely. The move amplified the sense that the territory’s status as a global financial hub is now in real ... ( read original story ...)

It also is hoping a targeted IPO (initial public offering ... Read More Zou said his team spent time in 2019 running trials in Hong Kong, Kuala Lumpur, and Sydney, so it could better understand some ... ( read original story ...)

Didi is also exploring a potential dual listing in Hong Kong at a later time, one of the people added ... Didi, backed by SoftBank Group Corp., had accelerated its IPO plan as business rebounded ... ( read original story ...)

Pedestrians pass by the office of HKEX in Hong Kong. File photo: VCG. The amount of funds raised through IPOs in Hong Kong hit HK$132.8 billion ($17.07 billion) in the first quart ... ( read original story ...)

Soho House, a London-based network of private social clubs, filed to go public in the US, Sky News reported. The company could be valued at more than $3 billion. ( read original story ...)

The company priced its IPO at HK$17.58 each, while the retail portion of its offering was oversubscribed by local investors. Load Error Linklogis’ performance comes despite a number of recent listings ... ( read original story ...)

Apart from Law, a number of prominent activists have also fled charges in Hong Kong. They include fugitive ex-lawmaker Ted Hui Chi-fung, ousted pro-independence lawmaker Sixtus Ba ... ( read original story ...)

In a move to boost clients, ZA Bank has launched a personal loan with a fixed rate of 1.99% APR. Additionally, new users can get HKD 400 cash rewards upon successful application at the virtual bank. Z ... ( read original story ...)

Hong Kong police arrested nine people on suspicion of laundering more than HK$900 million (US$116 million) through 300 bank accounts over the past six months, part of which was conned from 55 victims ... ( read original story ...)