Hang Seng Investment Management Limited ('HSVM'), which is a wholly-owned subsidiary of Hang Seng Bank ('Hang Seng'), today (19 September 2022) officially took up its new role as manager of the ... ( read original story ...)
Hong Kong Bankers Might As Well Be Quiet Quitting Now
Quiet quitting, where you don’t quit the job but no longer subscribe to the culture that work is your life, is alien to Hong Kong’s diligent financ. But conditions are ripe for them to stop hustling ... ( read original story ...)
PCAOB Begins Audit Reviews
Asian equity markets closed lower to start the week in anticipation of the US Federal Reserve hiking interest rates another 75 basis points. ( read original story ...)
Hong Kong talking to finance firms to return workers from abroad, say sources
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 ...)