Tag: finance

Ant Group's $35 billion initial public offering (IPO) is unlikely to suffer from any U.S. restrictions on the Chinese financial technology giant due to its very limited overseas presence, potential ... ( read original story ...)

Lufax is planning an initial public offering in the U.S., even as some other Chinese companies are opting to sell stock closer to home. ( read original story ...)

The aggregate balance - the key gauge of cash in the banking system - will increase by HK$3.914 billion including HK$1.163 billion sold in Hong Kong trading hours, to HK$273.483 billion on Oct. 9 ... ( read original story ...)

Hot meals aid digestion. Will Shu should take note. The Deliveroo boss is looking to list the UK-based food delivery company in the public market next year, and can credibly expect to hike the $2 ... ( read original story ...)

Ant Group is most notably a provider of financial technology that is known for its Alipay platform and is partially owned by Alibaba, the " Amazon of China ." The IPO is expected to launch in October ... ( read original story ...)

The next big thing for Hong Kong’s virtual banks is an expansion into wealth management as part of the “next phase” of their development, according to a group of top executives from the city’s newest ... ( read original story ...)

Hong Kong shares edged higher on Wednesday, shrugging off a weaker finish in Wall Street after U.S. President Donald Trump halted stimulus negotiations with lawmakers, with investors focusing on the ... ( read original story ...)

The Hong Kong stock market has finished higher in three straight sessions, jumping more than 700 points or 3.1 percent along the way. The Hang Seng Index now rests just beneath the 24,000-point ... ( read original story ...)

The aggregate balance - the key gauge of cash in the banking system - will increase by HK$3.139 billion, including HK$1.163 billion sold in Hong Kong trading hours, to HK$269.57 billion on Oct. 8 ... ( read original story ...)

HONG KONG -- Bilibili, a Nasdaq-listed Chinese video platform popular with millennials for its animation and gaming content, is moving ahead with plans for a secondary listing in Hong Kong next year ... ( read original story ...)

Singapore’s sovereign wealth fund GIC Pte plans to invest more than $1 billion in Ant Group’s mega initial public offering as early investors look for a bigger slice of the Chinese payments behemoth, ... ( read original story ...)

HANG SENG BK LT/S (OTCMKTS:HSNGY) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday, Zacks.com reports. According to Zacks ... ( read original story ...)

New Ruipeng Pet Healthcare Group Co. has chosen banks to lead an initial public offering that could raise more than $500 million, according to people familiar with the matter. ( read original story ...)

The Hong Kong stock market has moved higher in two straight sessions, collecting almost 500 points or 2.2 percent along the way. The Hang Seng Index now rests just beneath the 23,770-point plateau and ... ( read original story ...)