Tag: banking

Asian equities were a sea of red due to the global rise in coronavirus cases, which could lead to a rise in lockdowns and thus weigh on the global economy along with the expansion of the US’ ... ( read original story ...)

Notwithstanding the challenges brought by the COVID-19 and the external environment over the past year, Hong Kong's banking system had remained robust, the Linked Exchange Rate System had been ... ( read original story ...)

Kuaishou Technology, a short-video sharing platform backed by Tencent, was last valued at US$30 billion, though the size of the intended IPO has not been revealed. ( read original story ...)

HONG KONG -- The compiler of Hong Kong's main stock index is considering expanding the 51-year-old benchmark to as many as 80 companies amid a deluge of mainland China companies listing in the ... ( read original story ...)

P rovident Acquisition, a blank check company targeting technology businesses in southeast Asia, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering. The Hong Kong, ... ( read original story ...)

The event was part of Dah Sing Bank’s contributions to Operation Santa Claus, a fundraising drive co-hosted by South China Morning Post and RTHK. ( read original story ...)

Hong Kong stocks fell on Tuesday, tracking losses in its regional peers, as investors fear a highly infectious new coronavirus strain detected hit Britain could hurt global economic recovery. ( read original story ...)

Dec.21 -- Wang Yinxiang, chairman and chief executive officer at Jacobio Pharmaceuticals Group Co. Ltd, discusses the company’s IPO on Monday, what they’re planning to do with the funds and his ... ( read original story ...)

A new fundraising frenzy that swept Wall Street this year looks set to take hold in Asia with more than a dozen special purpose acquisition companies, or SPACs, on the hunt for fast-growing technology ... ( read original story ...)

The Hong Kong stock market has finished lower in back-to-back sessions, retreating more than 370 points or 1.4 percent along the way. The Hang Seng Index now sits just above the 26,300-point plateau ... ( read original story ...)

Chinese billionaire Jack Ma's reported offer came after he publicly scorned the government and before China pulled Ant's groundbreaking IPO. ( read original story ...)

Kuke Music’s offshore listing is back on track in New York, after previous attempts to list in Hong Kong fail. ( read original story ...)

[ET Net News Agency, 21 December 2020] HSBC HOLDINGS (00005) fell 3.16% to HK$39.85. It hits an intra-day low of HK$39.8, and an intra-day high of HK$40.6. The active selling orders account for 72% of ... ( read original story ...)

Hong Kong stocks post early losses as China promises countermeasures against the US decision to add more Chinese companies to its trade blacklist, including chip maker SMIC and drone maker SZ DJI ... ( read original story ...)