Tag: banking

Chinese bubble tea chain Nayuki Holdings Ltd. has raised HK$5.09 billion ($656 million) after pricing its Hong Kong initial public offering at the top of a marketed range, the latest company to ride a ... ( read original story ...)

Hong Kong will ban passenger flights from Indonesia from Friday, deeming the country's arrivals "extremely high risk" for the coronavirus. ( read original story ...)

The staid accounting profession is the latest to be rattled by the chaotic changes sweeping through Hong Kong. ( read original story ...)

The automaker received approval from the Hong Kong exchange's listing committee to sell shares in the city and now can hold investor meets. Xpeng, which raised $1.72 billion from an IPO on the New ... ( read original story ...)

China, Hong Kong, Taiwan, South Korea, and the Philippines outperformed while Japan, India, Australia, Thailand, and Malaysia underperformed. ( read original story ...)

HSBC Holdings PLC apologized to customers in Hong Kong after an update to its online and mobile banking terms stoked fears over overseas access to its services in the territory. The quick mea culpa by ... ( read original story ...)

Amber Group, a cryptocurrency trading firm backed by Coinbase Global Inc. (NASDAQ: COIN), reached a valuation of USD 1 Billion after raising USD 100 Million in its latest funding round. The Company, ... ( read original story ...)

Apple Daily, a prominent pro-democracy newspaper in Hong Kong, is shutting down. It's the latest example of Chinese pressure on the former British colony. CNBC's Eunice Yoon joined "Squawk Box" with ... ( read original story ...)

Xpeng’s American depositary receipts jumped more than 5% in U.S. premarket trading, following the reports on Wednesday. ( read original story ...)

EDDA Healthcare and Technology Holding Ltd., a robotic surgery firm backed by SoftBank Group Corp., is considering a Hong Kong initial public offering that could value the company at about $1 billion, ... ( read original story ...)

The creation of the dual primary listing process adds another choice to the HKEX’s service options to attract companies to raise funds. ( read original story ...)

The Hang Seng index in Hong Kong jumped 1.79% on Wednesday to close at 28,817.07. Minutes from the Bank of Japan's April monetary policy meeting showed members agreed that stimulus measures could ... ( read original story ...)

Pro-democracy Apple Daily newspaper, under financial pressure from Hong Kong authorities, says it will close by Saturday ... ( read original story ...)

Board of directors says "current circumstances" in once semi-autonomous Hong Kong will force it to cease all operations by the end of the week. ( read original story ...)