HONG KONG (BLOOMBERG) - Hong Kong's home-grown investment bankers are rapidly losing their status as the city's go-to dealmakers, supplanted by mainland Chinese rivals who now hold a majority of ... ( read original story ...)
Hong Kong’s Bourse Sees Covid Firms Prolonging Boom in IPOs
Hong Kong’s boom in initial public offerings is set to be prolonged as companies given a boost by the pandemic outbreak follow China’s technology giants in selling shares, the bourse’s head of ... ( read original story ...)
Hong Kong bets on Ant’s giant IPO to keep up listings bonanza
Hong Kong bankers and investors hope Ant Group's huge initial public offering will crown a stellar year for listings -- but they know it will be pivotal for the direction of the territory's stock ... ( read original story ...)
Ant Group’s IPO unlikely to be hurt by possible US curbs
HONG KONG: Ant Group’s US$35bil initial public offering (IPO) is unlikely to suffer from any US restrictions on the Chinese financial technology giant due to its very limited overseas presence, ... ( read original story ...)
Hong Kong Bankers Are Losing Their Jobs to Mainland China Rivals
Hong Kong’s homegrown investment bankers are rapidly losing their status as the city’s go-to dealmakers, supplanted by mainland Chinese rivals who now hold a majority of senior jobs in Asia’s biggest ... ( read original story ...)
Ant Group’s $35 bln IPO unlikely to be hurt by possible U.S. curbs, analysts say
(Corrects paragraph 2 of Oct. 8 story to say Trump administration officials, not Trump, are considering the move) ... ( read original story ...)
Analysis: Ant Group’s $35 billion IPO unlikely to be hurt by possible U.S. curbs
(This Oct. 8 story corrects paragraph 2 to say Trump administration officials, not Trump, are considering the move) ... ( read original story ...)
Hong Kong braces for Monday deadline as Trump’s report puts HSBC, lenders back into sanctions spotlight
Since the law was enacted, HSBC has lost 15.6 per cent of its market value while Standard Chartered suffered 12 per cent on the Hong Kong stock exchange. Both underperformed an 8.8 per cent drop in an ... ( read original story ...)
Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO
Ant Bank, the virtual banking division of Ant Group, has launched banking services in Hong Kong. The launch comes a few weeks after Ant Group filed its IPO. ( read original story ...)
U.S. should try to delay IPO of China’s Ant Group, Senator Rubio says
Senator Marco Rubio, who has successfully urged the Trump administration to pursue investigations of Chinese companies, called on Friday for the U.S. government to consider options to delay an initial ... ( read original story ...)
HKMA sells HK$3.1 bln in NY hours, currency hits strong end of band
The Hong Kong Monetary Authority sold HK$3.1 billion ($400 million) into the market in New York trading hours after the local currency hit the strong end of its trading band, according to data ... ( read original story ...)
Trump administration should seek to delay IPO of China’s Ant Financial: Senator Rubio
Marco Rubio, a top Republican senator who has successfully urged the Trump administration to pursue probes into Chinese companies, called on Friday for the U.S. government to consider options to delay ... ( read original story ...)
American Chamber of Commerce in Hong Kong, operating at a deficit for past four years, sells pricey office space in Central
While the sale price was not immediately clear, surveyor suggests it could have fetched HK$160 million despite real estate market woes. ( read original story ...)
China’s health care sector consolidation to produce global champions, says investor in newest Hong Kong IPO winner
Greater transparency and competition will drive capital and talent towards companies that have the best track records, according to Singapore-based CBC Group. Its unit Everest Medicines surges 28 per ... ( read original story ...)