Tag: banking

For those on WSO with some entrepreneurial spirit- this is a guest post/syndication from Dan Andrews of tropicalmba.com- an entrepreneur who I have a lot of respect for and have a learned a ton from over the last few years from via his blog/podcasts. ( read original story ...)

We Doctor, the Tencent-backed Chinese online healthcare services firm, has completed internal business integration (in Chinese) and scaled up its four verticals—medical cloud, healthcare, medicine, and insurance. The company is also raising $500 million ... ( read original story ...)

As one of the premier international financial centres in the world, Hong Kong has a well-established and developed banking system. But despite the size of the financial industry and the presence of branches in every corner, customers are among the least ... ( read original story ...)

That should help the company bolster its brand exposure and help clear the way for an initial public offering later this year. Xiaomi has been steadily developing in the Hong Kong market since it opened its first Mi Home in Mong Kok in September 2015. ( read original story ...)

Qunxing Paper Holdings, a Chinese printing company that was kicked off the Hong Kong stock exchange last year for fraud, has been ordered to compensate the 27,000 investors who have invested in it since its 2007 initial public offering, closing the final ... ( read original story ...)

As the Hong Kong stock exchange rued the one that got away, praise for honouring a principle was cold comfort for the loss of what remains the world’s biggest tech initial public offering. We are referring of course to the US$25 billion listing of ... ( read original story ...)

A Chinese biosimilar maker valued at $1.5 billion might be the first to list its stock on Hong Kong’s exchange under new rules allowing startups and biotechs to go public. The company, called Shanghai Henlius Biotech, could do an IPO raising $500 million ... ( read original story ...)

HONG KONG (Feb 05) -- A-Living Services' initial public offering was priced at HK$12.30 apiece, slightly lower than the mid-point of an indicative range, according to a source familiar with the pricing details. The Chinese property management service ... ( read original story ...)

Listing applicants can use pricing flexibility mechanism to set price of shares in an IPO Listing applicants can move shares from placing to public subscriptiontranche under certain conditions other than those in the practice note that has the clawback ... ( read original story ...)

Its biggest win and breakthrough came in 2014 when China's e-commerce giant Alibaba snubbed the Hong Kong Stock Exchange and chose to list on the big board. Alibaba's $25 billion IPO ranks as the largest in history. Typically, New York has offered higher ... ( read original story ...)

As Hong Kong is looking to overhaul its traditional IPO rulings in order to create further competition with New York, Shanghai Henlius Biotech is set to benefit from these changes. Bloomberg has reported that the company is looking to go public under the ... ( read original story ...)

In November, the regulator fined HSBC Holdings Plc’s private-banking unit a record HK$400 million over sales of structured products linked to Lehman Brothers Holdings Inc. in Hong Kong. “Credit Suisse has taken appropriate action to ensure that Credit ... ( read original story ...)

Vancouver HSBC World Rugby Sevens Series, April 6-8, 2018: Hong Kong Commonwealth Games, April 13-15, 2018: Gold Coast HSBC World Rugby Sevens Series, April 28-29, 2018: Singapore HSBC World Rugby Sevens Series, June 2-3, 2018: London HSBC World Rugby ... ( read original story ...)

Social-media major Tencent Holdings, Hong Kong's most valuable company, tumbled 5.9%, heading for its lowest close since Jan. 2. London-headquartered HSBC Holdings lost 3.1% in what could be its worst day in nearly a year. Industrial & Commercial Bank of ... ( read original story ...)