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Tag: banking

Posted on 19/09/2025

Zijin Gold Seeks $3.2 Billion in World’s Biggest IPO Since May

Zijin Gold International Co. is seeking to raise HK$25 billion ($3.2 billion) for an initial public offering in Hong Kong that’s poised to be the world’s biggest deal of its kind since May.

Posted on 19/09/2025

Chery Automobile seeks $1.2bn in Hong Kong listing

The firm plans to use 55% of the IPO proceeds for research and development, focusing on next-generation vehicles.

Posted on 19/09/2025

Hong Kong sticking with 2-3% growth target despite rate cut: Paul Chan

Finance chief maintains earlier forecast of city’s economic growth this year, despite base interest rate cut to 4.5 per cent on Thursday.

Posted on 18/09/2025

Hong Kong Stock Market Welcomes Major Automotive IPO! Chery’s 20-Year Dream Finally Realized, Leading the Globalization of Chinese Cars with Hard-Core Strength

Behind this impressive performance is Chery's long-standing commitment to a technology-focused strategy—starting from the successful development of its first engine with independent intellectual ...

Posted on 18/09/2025

Medcaptain Pursues Hong Kong IPO Following Newfound Profitability

Medcaptain sells its life-support and testing products in more than 140 countries and regions, with strong positions in several specialist markets; More than half o ...

Posted on 18/09/2025

Zijin Gold’s Hong Kong IPO draws heavyweights GIC, Millennium and Hillhouse, sources say

The company could raise more than US$3 billion and could start taking orders from other investors and the public as soon as Friday.

Posted on 18/09/2025

HSBC, Standard Chartered, BOCHK cut prime rates for first time since December

Hong Kong's three note-issuing banks - HSBC, Standard Chartered and Bank of China (Hong Kong) - will trim their prime lending rates for the first time since December, reducing funding costs and ...

Posted on 18/09/2025

China’s No 2 carmaker Chery seeks US$1.2 billion in Hong Kong IPO

Chery Automobile, China's second-largest carmaker by volume, aims to raise as much as HK$9.14 billion (US$1.2 billion) through a Hong Kong stock offering, joining a wave of mainland companies tapping ...

Posted on 18/09/2025

Hong Kong and UAE strengthen financial ties with ETF and fund accords

Strengthened collaboration reflects growing participation by Middle Eastern funds as cornerstone investors in recent Hong Kong IPOs.

Posted on 18/09/2025

Major lenders cut prime rates by 12.5bps

Major local commercial lenders, HSBC, Bank of China (Hong Kong), and Standard Chartered on Thursday lowered their Hong ...

Posted on 18/09/2025

Hong Kong central bank cuts interest rate, tracking Fed; banks follow

Hong Kong's central bank on Thursday lowered its base interest rate by 25 basis points to 4.50%, tracking a cut by the U.S. Federal Reserve.

Posted on 18/09/2025

Hong Kong central bank cuts interest rate by 25 basis points, tracking Fed move

Hong Kong's central bank on Thursday lowered its base interest rate charged via the overnight discount window by 25 basis points to 4.50%, tracking a cut by the U.S. Federal Reserve.

Posted on 18/09/2025

Hong Kong sevens ace was sent a devastating email. Now he’s fit to take on world

Seb Brien aims to put city top of pile again in Asia before chasing place in global elite – even if getting there just became tougher.

Posted on 18/09/2025

Hang Seng Bank Weighs Sale of $1 Billion Property Loan Portfolio

Hang Seng Bank Ltd. is seeking to sell a property-backed loan portfolio worth at least $1 billion, according to people familiar with the matter, as it looks to unload bad debt that’s piled up during ...

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