Tag: banking

A Chinese courier has been given the green light for a Hong Kong IPO, which will likely make it the country’s first listed delivery company dedicated to the less-than-truckload (LTL) niche. No details ... ( read original story ...)

Even as China Evergrande Group's bonds have fallen toward 25 cents on the dollar amid worries the developer will default, fund managers including BlackRock, UBS and HSBC Holdings have been increasing ... ( read original story ...)

Three of Hong Kong’s government-backed borrowing schemes will be extended by six months in a bid to ease the continuing burden on individuals and companies created by the Covid-19 pandemic, the city’s ... ( read original story ...)

Hong Kong stocks approached a one-year low amid concerns about a wider fallout from China Evergrande Group’s debt crisis while tech stocks struggled. Local developers and Macau casino operators ... ( read original story ...)

For the six months ended 30 June 2021 UNAUDITED INTERIM RESULTS The board of directors (the "Board" or "Directors") of SunCorp Technologies Limited (the "Company") presents the unaudited condensed ... ( read original story ...)

Police officers look at people gathering at the Evergrande headquarters in Shenzhen on September 16, ... [+] 2021, as the Chinese property giant said it is facing "unprecedented difficulties." (Photo ... ( read original story ...)

The Hong Kong stock market turned emphatically lower again on Monday, one session after ending the four-day losing streak in which it had plummeted more than 1,530 points or 6 percent. The Hang Seng ... ( read original story ...)

The long-awaited expansion of a bond connect program to allow China’s mainland investors to trade offshore bonds in Hong Kong will bring as much as 300 billion yuan ($46 billion) to the Asian ... ( read original story ...)

Hong Kong could have a hard time attracting blank check companies after it proposed a high threshold to sell shares in the city. In a consultation paper issued Friday, Hong Kong Exchanges & Clearing ... ( read original story ...)

Broncus Holding Corp has raised HK$1.67bn ($214.6m) after pricing its IPO at the top of the marketed range, according to a source familiar with the matter. The company is floating 89.35m shares on ... ( read original story ...)

China’s Evergrande crisis rattles through markets, as UK insurance giant Prudential eyes a listing in Hong Kong UK energy stocks may be running out of gas. Shares in the country’s largest energy ... ( read original story ...)

At closing bell, the benchmark Hang Seng Index stumbled 3.3%, or 821.62 points, to 24,099.14. The Hang Seng China Enterprises Index retreated 3.38%, or 301.92 points, to 8,638.55. ( read original story ...)

Is Evergrande going to default? Several years ago, three highly indebted Chinese companies teetered on collapse (HNA, Anbang, Fosun). The collapse of those companies could have led to a domino effect ... ( read original story ...)

Broncus Holding Corp has raised HK$1.67bn ($214.6m) after pricing its IPO at the top of the marketed range, according to a source familiar with the matter. The company is floating 89.35m shares on ... ( read original story ...)