Nongfu Spring, which makes 60 per cent in profit for every bottle of water it sells, has become the hottest initial public offering (IPO) in Hong Kong's financial history, locking up so much money ... ( read original story ...)
Cigna Study Shows Hong Kong’s Overall Well-being Index has slightly dropped during the COVID-19 Pandemic
Cigna Hong Kong today released the Hong Kong findings of the latest edition of its Cigna COVID-19 Global Impact Study. Part of Cigna's annual 360 Well-Being Survey, this research is the second in a ne ... ( read original story ...)
Caught in US-China crossfire, should HSBC split its global businesses?
Breaking up is hard to do, but for ‘the world’s local bank’ stuck in the middle of the US-China crossfire, it may be the only way to win investors back, writes Neil Newman. ( read original story ...)
Goldman Sachs joins syndicate for Ant IPO of up to $30 bln -sources
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's mammoth initial public offering of up to $30 billion, two people with direct ... ( read original story ...)
Hong Kong tycoon moving out of China
Li Ka-shing is selling two properties in Beijing and Shanghai worth $10 billion in the latest sign he is pulling out of mainland China, where ties to power appeared to have weakened under President Xi ... ( read original story ...)
Goldman Sachs joins syndicate for Ant IPO of up to $30 billion: Sources
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's huge initial public offering, two sources said. ( read original story ...)
Goldman Sachs joins syndicate for Ant IPO of up to $30 billion, say sources
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's mammoth initial public offering of up to $30 billion, two people with direct ... ( read original story ...)
Exclusive: Goldman Sachs joins Ant’s up to $30 billion IPO banking syndicate, sources say
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's initial public offering of up to $30 billion, as a joint lead manager on the Hong ... ( read original story ...)
3 Coming IPOs That Should Be on Your Radar
The IPO market has been hot lately—with some of the most compelling deals still to come, Renaissance Capital chairman Kathleen Smith said. ( read original story ...)
HSBC Could Still Go Lower From Here
HSBC has been trading at quarter-century lows. Its current share price may look a snip on historical measures, and there are positive elements to the investment case under the new leadership. ( read original story ...)
CITIC Securities set for role in Ant Group’s up to $30 billion IPO – sources
China's largest brokerage CITIC Securities is set to get an underwriter's role for the Shanghai tranche of financial technology firm Ant Group's up to $30 billion dual-listing, four people with ... ( read original story ...)
Hong Kong’s central bank has spent more in 2020 to keep its currency peg more than in it did in 2009 after the financial crisis
Summary List Placement Hong Kong's central bank has intervened more than 40 times this year to maintain its peg to the US dollar. It has bought ... ( read original story ...)
Looking Beyond Hong Kong: What Are the Alternatives?
The special administrative region of Hong Kong has long been a magnet for foreign direct investment. Recently, the cracks in its special “one country, two systems” relationship with China have widened ... ( read original story ...)
Bitter Trump could punish China and Hong Kong in event of US election defeat, warns sanctions expert
Former senior adviser to US treasury department says lame-duck president could lash out with more sanctions if he’s beaten by Joe Biden in November. ( read original story ...)