Asian equities had a mixed day on light summer volumes, despite news prior to the open that USTR Lighthizer and Treasury Secretary Mnuchin had a call with Vice Premier Liu He. Both sides had positive ... ( read original story ...)
Hong Kong banks head for biggest payday in a decade from Ant IPO
Ant is expected to offer up to 15 per cent of its shares in a dual offering in Hong Kong and Shanghai at a valuation of between $200bn and $300bn, according to people familiar with its plans. At the ... ( read original story ...)
China Market Update: Ant Group Hong Kong Files For Hong Kong IPO, US-China Trade Teams Talk
Asian equities had a mixed day on light summer volumes, despite news prior to the open that USTR Lighthizer and Treasury Secretary Mnuchin had a call with Vice Premier Liu He. Both sides had positive ... ( read original story ...)
U.S. says China ‘bullying’ UK, cites HSBC Hong Kong-related accounts
U.S. Secretary of State Mike Pompeo on Wednesday renewed criticism of British Bank HSBC for its reported treatment of pro-democracy customers in Hong Kong, saying China was "bullying" the United ... ( read original story ...)
U.S. ‘dismayed’ by HSBC’s reported actions over Hong Kong accounts: statement
U.S. Secretary of State Mike Pompeo on Wednesday said the United States was "dismayed" by British bank HSBC's reported actions toward certain Hong Kong-related accounts, including those linked to ... ( read original story ...)
UPDATE 1-U.S. says China ‘bullying’ UK, cites HSBC Hong Kong-related accounts
U.S. Secretary of State Mike Pompeo on Wednesday said the United States was “dismayed” by British bank HSBC’s reported actions toward certain Hong Kong-related accounts, including those linked to ... ( read original story ...)
Hong Kong shares close flat as tech gains offset mainland losses
Hong Kong shares recovered from earlier losses and finished largely flat on Wednesday, as gains in the information technology sector offset weakness in mainland markets. ** The Hang Seng index was ... ( read original story ...)
Jack Ma-Backed Biotech Firm Brii Considers Hong Kong IPO
Brii Biosciences, which focuses on treatments for diseases such as Covid-19 and HIV, is considering an initial public offering in Hong Kong as soon as the first quarter of next year, according to ... ( read original story ...)
Ant Group Cites U.S. Risks in Filing for Hong Kong, Shanghai IPO
Billionaire Jack Ma’s Ant Group warned that rising U.S.-China trade tensions threaten its business as it gears up for an initial public offering that could give it a valuation as big as Bank of ... ( read original story ...)
Hong Kong Bourse Draws A Green Light For Tuesday
The Hong Kong stock market has climbed higher in back-to-back trading days, gathering more than 750 points or 3 percent along the way. The Hang Seng Index now rests just above the 25,550-point plateau ... ( read original story ...)
Jack Ma’s Ant Group files for Hong Kong-Shanghai IPO, says first-half profit rose 1,000%
Ant Group, which is still controlled by Alibaba founder Jack Ma, reported a more than 1,000% jump in profits in the first half of 2020. ( read original story ...)
Alibaba’s Ant Group files for IPO in Hong Kong, Shanghai
Ant Group, the financial technology arm of e-commerce giant Alibaba Group, on Tuesday filed for a dual-listing in Hong Kong and Shanghai, in what would likely be the world’s largest initial public sto ... ( read original story ...)
Hong Kong banks’ aggregate balance hits nearly 3-yr high
The aggregate balance in Hong Kong's banking systems hit a nearly three-year high with a strong local currency and a continuous capital influx, reassuring investors about the stability of the global ... ( read original story ...)
Nongfu Seeks $1.1 Billion in Year’s Second Biggest F&B IPO
China bottled water giant Nongfu Spring Co. is seeking to raise as much as HK$8.35 billion ($1.1 billion) in what could be the world’s second biggest initial public offering by a food and beverage ... ( read original story ...)