Hong Kong-based Prenetics Ltd., whose Covid-19 tests were used by the English Premier League, is also planning an IPO, Nikkei has reported. ( read original story ...)
Additional Support Anticipated For Hong Kong Shares
The Hong Kong stock market on Tuesday snapped the two-day losing streak in which it had tumbled more than 550 points or 2 percent. The Hang Seng Index now sits just beneath the 28,500-point plateau ... ( read original story ...)
Premia Partners announces listing of Hong Kong’s first USD high yield bond ETF and in collaboration with BOCHK Asset Management Limited globally
BOCHK Asset Management Limited (“BOCHKAM”) is a wholly owned subsidiary of BOC Hong Kong (Holdings) Limited, which is one of the largest listed companies and commercial banking groups in Hong Kong, ... ( read original story ...)
Hong Kong Wants to Bring Back Factory Jobs That Left Long Ago
Now, after decades of positioning the territory as the front office for mainland China and prioritizing financial and business services, Hong Kong’s leadership is offering billions of dollars in ... ( read original story ...)
Some investors lukewarm on China’s Ant Group if IPO is revived after revamp
Last year, Ant's valuation was touted at $315 billion for its IPO, which was pulled just before its November listing in Shanghai and Hong Kong. Even before news of the revamp, sources told Reuters ... ( read original story ...)
Trip.com set to raise US$1.1 billion in Hong Kong secondary listing at HK$268 per share
Trip.com has priced its Hong Kong initial public offering at HK$268, a 2 per cent discount to its New York closing price overnight, which will see it raise about US$1.1 billion, below its initial ... ( read original story ...)
Sixteen Hongkongers arrested in police swoop on bookmaking syndicate that laundered over HK$180 million in 10 months
Hong Kong police have arrested 16 people in a clampdown on a bookmaking syndicate which pocketed and laundered more than HK$180 million (US$23 million) in crime proceeds over 10 months. During the ... ( read original story ...)
Hong Kong stocks rebound as city eases more measures to repair economy, Alibaba extends rally
Hong Kong residents who have been vaccinated for Covid-19 will be ... The tech-heavy ChiNext gauge in Shenzhen gained 1.7 per cent. China’s central bank announced on Monday that lending in the first ... ( read original story ...)
China’s revamp of Ant dents investor appetite for IPO revival
China's regulatory-imposed revamp of Jack Ma's Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to revive what ... ( read original story ...)
Hong Kong shares rise on financials support; tech firms cap gains
Hang Seng index +0.15%, China Enterprises index HSCE -0.22% Load Error * HSI financial sector sub-index is 1.1% higher * Hang Seng TECH index down 1.6% April 13 (Reuters) - Hong Kong's Hang Seng index ... ( read original story ...)
Hong Kong – Linklogis HK$8.0 Billion IPO.
Davis Polk advised Linklogis Inc. in connection with its initial public offering and listing on the Hong Kong Stock Exchange and an international offering in reliance on Rule 144A and Regulation S. ( read original story ...)
Breakingviews – Capital Calls – Swedish payment IPO tests investor appetite
TRUST TEST. A Swedish fintech startup is the latest to cash in on the digital payments boom. BlackRock-backed Trustly said on Monday it is planning an initial public offering in Sweden which Reuters ... ( read original story ...)
Tencent-backed Waterdrop faces pushback on IPO from Chinese regulators: sources
Chinese online insurance technology firm Waterdrop Inc is receiving pushback from domestic regulators on its planned U.S. initial public offering as its business model is seen as risky, four people ... ( read original story ...)
Chinese regulator orders Ant Group to conduct major overhaul
Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight ... ( read original story ...)