Shares in Chinese fintech firm Linklogis Inc will open 9.9% higher at HK$19.32 ($2.48) each in its Hong Kong Stock Exchange debut Friday after raising $1.02 billion, data from the exchange showed. ( read original story ...)
Hong Kong Stock Market Draws Solid Lead For Friday
Hong Kong & China Gas added 0.33 percent, Industrial and Commercial Bank of China collected 0.18 percent, Longfor jumped 1.29 percent, Meituan perked 0.88 percent, New World Development lost 0.49 ... ( read original story ...)
Trip.com plans to raise USD1.4 billion in secondary Hong Kong IPO
With a second IPO Trip.com becomes the first travel company listed on both US and Hong Kong stock markets. Trip.com plans to use the proceeds from the HK public offering to fund expansion, invest in ... ( read original story ...)
HSBC UK Call Center Staff to Work Remote Permanently as Hong Kong Offices Reopen
More than 1,200 of HSBC’s United Kingdom-based call center staff will work from home permanently, while its Hong Kong offices reopen later this month. HSBC moved to make most of its call center staff ... ( read original story ...)
HSBC to Allow Up to 50% Occupancy in H.K. Offices From April 12
It had previously said only critical staff should come to the office. HSBC headquarters building, temporary closed due to the coronavirus, in Hong Kong on March 17. Load Error Photographer: Chan Long ... ( read original story ...)
Breakingviews – TuSimple $8 billion IPO destination looks out of range
HONG KONG (Reuters Breakingviews) - TuSimple is driving too hard with its initial public offering. The autonomous truck company on Wednesday revealed it’s steering towards an $8 billion valuation. ( read original story ...)
HSBC to Allow 50% Occupancy in H.K. Offices From April 12
It had previously said only critical staff should come to the office. HSBC headquarters building, temporary closed due to the coronavirus, in Hong Kong on March 17. Photographer: Chan Long ... ( read original story ...)
Taiwan charges Hong Kong execs with money laundering, is probing spying claims
Prosecutors investigating claims they helped Beijing interfere with democracy in Hong Kong and Taiwan, made by self-proclaimed former mainland spy Wang Liqiang. ( read original story ...)
Tencent Backed Anjuke Group Mulls Hong Kong IPO
Tencent-backed Anjuke Group has filed an application for an initial public offering in Hong Kong, becoming the latest technology firm to tap the active equity fund raising market in the Asian ... ( read original story ...)
Trip.com Seeks Up to $1.4 Billion in Hong Kong Second Listing
Online travel platform Trip.com Group Ltd. is seeking to raise as much as HK$10.5 billion ($1.4 billion) in a Hong Kong second listing, adding to the growing cohort of U.S.-traded Chinese companies ... ( read original story ...)
Li Ruigang, the powerful Chinese media mogul in control of TVB, plots IPO in Hong Kong, US markets for US$10 billion of assets
After evaluating our businesses and different capital markets, it is highly likely that we will choose Hong Kong as the listing venue." A listing plan will push Li's media business - including a ... ( read original story ...)
Hong Kong – HKEx Publishes Guidance Letter On Pre-Vetting For Placing To Connected Clients In An IPO.
On 5 March 2021, The Stock Exchange of Hong Kong Limited (HKEx) published a Guidance Letter HKEX-GL110-21 on pre-vetting for placings to connected clients in initial ... ( read original story ...)
Hong Kong – HKEx Publishes Listing Committee Report 2020.
The Stock Exchange of Hong Kong Limited (HKEx) published its Listing Committee Report for 2020, which includes a review of the committee’s work during the year and an overview of its policy agenda for ... ( read original story ...)
Hong Kong dollar softens to 7.78 vs U.S. dlr, weakest since March 2020
The Hong Kong dollar softened to 7.7804 against its U.S. counterpart on Wednesday, the weakest since Mar. 13, 2020, due to ample liquidity amid cooling interest in the initial public offering (IPO) ... ( read original story ...)