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Tag: banking

Posted on 18/05/2021

Alibaba-Backed Huitongda Weighs $1 Billion Hong Kong IPO

Huitongda Network Co., a Chinese e-commerce platform serving the country’s rural areas, is weighing a Hong Kong initial public offering that could raise as much as $1 billion, according to people ... ( read original story ...)

Posted on 18/05/2021

China’s Neusoft Medical Mulls $400 Million Hong Kong IPO

The medical devices arm of software company Neusoft Corp. is working with advisers on a potential share sale that could raise $400 million to $500 million, said the people, who as ... ( read original story ...)

Posted on 18/05/2021

China Youran Dairy starts HK IPO process to raise up to $800 mln -sources

China Youran Dairy Group started briefing investors on Tuesday as it looks to raise up to $800 million in its Hong Kong initial public offering (IPO), according to two sources with direct knowledge of ... ( read original story ...)

Posted on 18/05/2021

Hong Kong leader says freezing media tycoon’s assets will hopefully reinforce city’s financial hub status

Hong Kong authorities said on Friday they had frozen assets belonging to the jailed media tycoon under a new security law. ( read original story ...)

Posted on 18/05/2021

Is former Hong Kong leader CY Leung making a comeback bid? Even if not, he still has the government on the back foot

City’s former leader has government on the defensive over housing shortages and national security law, meaning even if he isn’t preparing a bid for the top job next year, Carrie Lam’s administration ... ( read original story ...)

Posted on 18/05/2021

JD’s logistics IPO delivers more value to parent

Even before pandemic lockdowns boosted online ordering, the logistics sector was a hot investment target. Many investors believe applying technology and scale will dramatically improve profitability. ( read original story ...)

Posted on 18/05/2021

HK leader says freezing media tycoon Lai’s assets will hopefully reinforce financial hub status

Hong Kong's leader said that freezing the assets of democracy activist Jimmy Lai, including his majority stake in media publisher Next Digital, would hopefully reinforce the Asian financial hub's ... ( read original story ...)

Posted on 18/05/2021

Hong Kong Shares Likely To See Mild Selling Pressure

The Hong Kong stock market has finished higher in two straight sessions, collecting almost 480 points or 1.7 percent along the way. The Hang Seng Index now sits just beneath the 28,200-point plateau ... ( read original story ...)

Posted on 18/05/2021

Hong Kong Snatches Assets

So much for being a global financial center based on the rule of law. ( read original story ...)

Posted on 17/05/2021

Hong Kong’s Carried Interest Tax Concession – Zero % Tax!

Following the enactment last year of the Limited Partnership Fund Ordinance, which has seen strong take up in its first eight months of operation,  the new tax concession on carried interest earn ... ( read original story ...)

Posted on 17/05/2021

JD Logistics launches Hong Kong IPO to raise up to US$3.4 billion

JD Logistics will price its shares between HK$39.36 (about US$5) and HK$43.36 each as the company aims to raise up to US$3.4 billion, ... ( read original story ...)

Posted on 17/05/2021

Coronavirus: Hong Kong, Singapore put travel bubble on hold for second time amid city state’s spike in Covid-19 cases

The move comes on the heels of a morning meeting between Hong Kong commerce chief Edward Yau and Singapore transport minister S. Iswaran. ( read original story ...)

Posted on 17/05/2021

JD.com’s logistics arm seeks to raise up to $3.4bn in Hong Kong IPO

JD Logistics, the delivery unit of Chinese ecommerce group JD.com, will seek to raise up to $3.4bn in what would be one of Hong Kong’s largest initial public offerings this year. The company’s ... ( read original story ...)

Posted on 17/05/2021

Hong Kong’s Lai Pleads Guilty in Protest Case; Assets Frozen

Jimmy Lai, veteran activist Albert Ho and eight others will plead guilty in a protest-related trial beginning on Monday. ( read original story ...)

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