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Tag: finance

Posted on 28/04/2020

China stocks waver as earnings loom; start-ups surge on IPO reform

China stocks on Tuesday flitted in and out of negative territory but turned positive as the start-up index gained on fresh regulatory reform, while investors awaited big banks to release their ... ( read original story ...)

Posted on 28/04/2020

Mongolia Scraps Coal Miner’s $1 Billion Overseas IPO Plan

(Bloomberg) -- Mongolia has shelved near-term initial public offering plans for state-owned coal miner Erdenes Tavan Tolgoi JSC as the Covid-19 pandemic roils financial markets.The country’s cabinet ... ( read original story ...)

Posted on 28/04/2020

Oriente raises $50 million to continue building its infrastructure for digital financial services

Oriente, a Hong Kong-based startup that develops tech infrastructure for digital credit and other online financial services, has raised $50 million for its ongoing Series B round. Launched in 2017 by ... ( read original story ...)

Posted on 28/04/2020

Hong Kong’s central bank sells HK$10.67 bln in New York hours after HKD rises to trading limit

The Hong Kong Monetary Authority (HKMA) sold HK$10.672 billion ($1.38 billion) worth of Hong Kong dollars in New York trading hours after the local currency hit the strong end of its trading band. ( read original story ...)

Posted on 27/04/2020

China kicks off IPO reform for Shenzhen’s start-up board ChiNext – state media

China on Monday kicked off a reform to fast track initial public offerings (IPOs) on Shenzhen's start-up board ChiNext, as Beijing accelerates capital market restructuring to reinvigorate an economy ... ( read original story ...)

Posted on 27/04/2020

Should You Or Shouldn’t You: A Dividend Analysis on The Hongkong and Shanghai Hotels, Limited (HKG:45)

Dividend paying stocks like The Hongkong and Shanghai Hotels, Limited (HKG:45) tend to be popular with investors, ... ( read original story ...)

Posted on 27/04/2020

Singapore digital banks: lessons to learn from Hong Kong

As the Monetary Authority of Singapore considers which of 21 applicants it will grant five coveted digital banking licenses to, market watchers say there are lessons to be learnt from Hong Kong. ( read original story ...)

Posted on 27/04/2020

Hang Seng Index, China stock markets gain on coronavirus progress

It's going to be a short trading week for Hong Kong -- only three days. And the mainland will be closed on Friday as well. The Stock Connect is closed on Thursday and Friday. Your bloggers will be ... ( read original story ...)

Posted on 27/04/2020

Asian markets gain after Japan central bank boosts aid

BEIJING — Asian stock markets gained Monday after Japan’s central bank promised more asset purchases to shore up financial markets as investors look to central bankers to support the struggling global ... ( read original story ...)

Posted on 27/04/2020

China’s Bank Bailouts Are Even Scarier Than They Look

Acknowledging the growing balance sheet problems among small and medium lenders, China’s banking and insurance regulator says it’s working on a reform plan and will become more vigilant about ... ( read original story ...)

Posted on 27/04/2020

Japanese stocks jump as Bank of Japan enhances monetary policy easing; oil prices drop

The Bank of Japan of Monday announced on Monday an enhancement of its monetary policy easing measures to combat the hit on Japan's economy as a result of the coronavirus pandemic. ( read original story ...)

Posted on 26/04/2020

Week In Review: Akeso Stages $335 Million HK IPO For Mono-/Bi-Specific Antibodies

AkesoBio staged a $335 million Hong Kong IPO and climbed 50% higher in its first trading session. CStone Pharma announced that China's NMPA has accepted its NDA ... ( read original story ...)

Posted on 26/04/2020

Hong Kong police break up pro-democracy singing protest at mall

Hong Kong riot police armed with shields dispersed a crowd of 300 pro-democracy activists holding a singing protest in an upmarket shopping mall on Sunday, despite a ban on public gatherings of more ... ( read original story ...)

Posted on 26/04/2020

Bitcoin Miner Maker Ebang Files for a $100M US IPO

Ebang International Holdings, one of the leading makers of bitcoin mining equipment, is taking another stab at going public, this time in the U.S. ( read original story ...)

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