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Tag: banking

Posted on 21/06/2022

Ximalaya Pushes Back Hong Kong IPO Launch Amid Volatility

Chinese podcasting startup Ximalaya Inc. is pushing back the launch of its planned initial public offering in Hong Kong, in an abrupt change of heart amid market volatility, people familiar with the ... ( read original story ...)

Posted on 21/06/2022

Hong Kong: Inquiry after iconic 80ft floating restaurant capsizes at sea

Aberdeen Restaurant Enterprises said the restaurant became a financial burden to its shareholders, with millions of Hong Kong dollars spent on its inspection and maintenance even though it was not ... ( read original story ...)

Posted on 21/06/2022

MOVES: Nomura names Nanavati as Southeast Asia investment banking head

SINGAPORE: Nomura Holdings has named Jwalant Nanavati as the new head of its Southeast Asian investment banking business, according to an internal memo seen by Reuters on Tuesday. Hong Kong-based ... ( read original story ...)

Posted on 21/06/2022

Hong Kong’s new government retains finance chief in sign of continuity

China and Hong Kong issued a list of cabinet members on Sunday for incoming Hong Kong leader John Lee's new administration, according to the official Xinhua news agency and a statement from the ... ( read original story ...)

Posted on 21/06/2022

Hong Kong’s Hoo.com Expects to Re-open Some Token Withdrawals Today; Finblox Takes Steps to Address Liquidity

This includes operations and withdrawal time resumptions. Meanwhile, Hong Kong-based crypto lender Babel Finance on Friday suspended withdrawals and redemptions, citing “unusual liquidity ... ( read original story ...)

Posted on 20/06/2022

Chinese Lithium Giant Tests Investor Demand for Hong Kong IPO

One of China’s top lithium producers began marketing what is expected to be Hong Kong’s largest initial public offering so far this year, braving recent market volatility to test global investor ... ( read original story ...)

Posted on 20/06/2022

Hong Kong – MPF Investments Broadened To Include Chinese Government Bonds.

Hong Kong - MPF Investments Broadened To Include Chinese Government Bonds. Legal News and Analysis - China, Hong Kong - Banking & Finance, Investment Funds - ... ( read original story ...)

Posted on 20/06/2022

British MPs call for Wimbledon to drop HSBC as a sponsor over endorsement of Hong Kong’s national security law

All-Party Parliamentary Group on Hong Kong says HSBC has been complicit in human rights abuses in the city HSBC is one of several big companies operating in the city that publicly supported the law in ... ( read original story ...)

Posted on 20/06/2022

ThaiBev’s brewery unit, Chinese battery supplier brave Asia’s IPO market

The brewery unit of Thai Beverage and a Chinese supplier of a material used in batteries started gauging demand for share sales in Singapore and Hong Kong, respectively, testing appetite in a tough ... ( read original story ...)

Posted on 20/06/2022

Hong Kong stocks advance as Chinese developers rally on easing bets while Macau casinos slide amid virus outbreak

Chinese Overseas Land and other developers advance as Zhengzhou and Wenzhou unveil measures to revive home sales The gambling hub in Macau suffers the first Covid-19 outbreak in eight months while ... ( read original story ...)

Posted on 20/06/2022

China IPO fundraising doubles US total to top global ranks

Their presence ensured a steady flow of deals even in the depths of lockdown and helped bring total fundraising from new listings in China to almost $35bn this year, more than double the $16bn raised ... ( read original story ...)

Posted on 20/06/2022

Cultural event held to mark 25th anniversary of HK’s return to motherland

Hongkong Post announced on Friday that two sets of commemorative stamps, including one on the 25th anniversary of the establishment of the Hong Kong Special Administrative Region, will be released for ... ( read original story ...)

Posted on 20/06/2022

Hong Kong Interbank Rate Rises as HKMA Action Saps Liquidity

Hong Kong’s benchmark borrowing costs climbed to a two-year high as liquidity eased, adding to the risks for an economy that’s struggling to recover from a coronavirus outbreak.Most Read from ... ( read original story ...)

Posted on 20/06/2022

Asia takes lead even as global IPO market contracts

New company listings have slowed dramatically in Asia in recent months after initially getting off to a quick start. While proceeds from new listings in the first quarter were 18% higher this year ... ( read original story ...)

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