Jack Ma’s Ant Group Co. is aiming to raise $17.5 billion in its Hong Kong share sale and won’t seek to lock in cornerstone investors, confident there will be plenty of demand for one of the largest ... ( read original story ...)
Ant Group to raise $17.5 billion via Hong Kong IPO without cornerstone investors – sources
China's Ant Group plans to raise about half of its $35 billion dual listing in Hong Kong and will not offer a cornerstone tranche as it bets on strong demand from institutional investors, sources said ... ( read original story ...)
ZHA reveals designs for Hong Kong office block on world’s most expensive site
The prime plot is located near a number of iconic office towers, including IM Pei’s 72-storey Bank of China building Cesar Pelli’s 63-storey Cheung Kong Centre and Foster + Partners’ 1985 Hong Kong ... ( read original story ...)
Ant Plans $17.5 Billion Hong Kong IPO, No Cornerstone Investors
(Bloomberg) -- Jack Ma’s Ant Group Co. is aiming to raise $17.5 billion in its Hong Kong share sale and won’t seek to lock in cornerstone investors, confident there will be plenty of demand for one of ... ( read original story ...)
Hong Kong Traders Chased 1,600-1 Odds to Buy IPO That Flopped
One of Hong Kong’s most-popular initial public offerings among retail investors fell in its debut, pouring cold water on the city’s red-hot sentiment over new listings. ( read original story ...)
Bank of East Asia to launch sale of insurance business in strategy overhaul
HK> said on Wednesday it had decided to initiate a sale of its insurance business following the completion of a review of its portfolios and assets. ( read original story ...)
Hong Kong Traders Chased 1,600-in-1 Odds to Buy IPO That Flopped
One of Hong Kong’s most-popular initial public offerings among retail investors dropped in its debut, pouring cold water on the city’s red-hot sentiment over new listings. ( read original story ...)
JD.com to Spin Off Healthcare Unit in Hong Kong IPO
Chinese e-commerce giant JD.com (NASDAQ:JD) will spin off its massive JD Health subsidiary in an initial public offering (IPO), the company has revealed in a tersely worded regulatory filing. It will ... ( read original story ...)
Pop Mart, Radiance target Hong Kong IPOs in busy October
Radiance Holdings plans to use the net proceeds raised from its IPO on financing ongoing projects and to repay existing trust loans, according to preliminary listing papers it filed with the stock ... ( read original story ...)
Hong Kong intervenes to weaken currency as investors queue up for a piece of Ant Group’s mega IPO
Overseas investors are piling into Hong Kong ahead of the mega initial public offering of China’s largest digital payments provider by volume, Ant Group, forcing the local currency higher, said ... ( read original story ...)
Hong Kong stocks track Asian markets lower on lockdown worries
Hong Kong stocks ended lower on Tuesday, tracking other Asian markets amid concerns about fresh pandemic lockdowns in Europe. ** At the close of trade, the Hang Seng index was down 233.84 points or 0. ( read original story ...)
Continued Consolidation Anticipated For Hong Kong Stock Market
The Hong Kong stock market headed south again on Monday, one session after it had ended the two-day losing streak in which it had ... ( read original story ...)
Asia-Pacific stocks slip; HSBC and StanChart shares in Hong Kong continue to drop
Investor reaction to the overnight drop in stocks stateside, where the Dow Jones Industrial Average dropped more than 500 points, was watched. ( read original story ...)
BOC Aviation: All Eyes On Aircraft Deliveries And Impairment Losses
BOC Aviation's net profit after tax increased +1% YoY in 1H 2020, as a strong +11% topline growth was offset by impairment losses on financial assets and aircraft. ( read original story ...)