Tag: finance

Hong Kong was surpassed last year by New York and Shanghai as the world’s largest destination for IPOs. The stock market operator and regulator pushed through an overhaul of the exchange’s listing regulations last year to make Hong Kong a more ... ( read original story ...)

That's not to say the window isn't open for Chinese companies tapping the Hong Kong IPO market. C-Mer Eye Care Holdings Ltd., backed by the tech giant Tencent Holdings Ltd., surged 85 percent in its debut Monday. The eye-clinic chain was oversubscribed at ... ( read original story ...)

Hong Kong is set for its second heavyweight fintech flotation in less than seven months, as China’s largest online wealth management platform lines up a listing in the city in April, which experts now hope will do wonders to act as a magnet for other ... ( read original story ...)

Want a quick ride up the salary ladder in Hong Kong banking? These are the best 10 jobs. https://news.efinancialcareers.com/hk-en/305287/recruiters-asia-frustrated-by-candidates/ Are you a young banking professional in Hong Kong looking to enter a job ... ( read original story ...)

Saudi Arabia has shortlisted New York, London and Hong Kong – singly or in a combination of two or even all three – for the international portion of the listing of national oil company Aramco, two sources with knowledge of the discussions said. ( read original story ...)

* GAO YINGXIN RE-DESIGNATED FROM NON-EXECUTIVE DIRECTOR TO EXECUTIVE DIRECTOR, APPOINTED AS VICE CHAIRMAN, CHIEF EXECUTIVE Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)

HONG KONG (S&P Global Ratings) Jan. 11, 2018--S&P Global Ratings affirmed its 'A-' local currency long-term insurer financial strength and issuer credit ratings on BOC Insurance Co. Ltd. The outlook is stable. We affirmed the ratings because we expect the ... ( read original story ...)

Among the actives, Kunlun Energy surged 3.55 percent, while BOC Hong Kong soared 2.51 percent, Li & Fung plummeted 2.33 percent, Lenovo Group tumbled 1.53 percent, CITIC Limited spiked 0.86 percent, China Resources Power dropped 0.71 percent, Galaxy ... ( read original story ...)

... Yue Yi was appointed to head the risk management committee of Hong Kong Exchanges and Clearing (0388) yesterday.Yue, who replaced former chairman Raymond Cheng, has just retired from BOC Hong Kong (2388) and was replaced by Gao Yingxin.Meanwhile ... ( read original story ...)

Lufax, one of China’s major online wealth management platforms, plans to launch an initial public offering in April in Hong Kong, which could value the firm at about US$60 billion in what could be the city’s biggest fintech flotation. The Ping An ... ( read original story ...)

A huge surplus expected in Hong Kong’s budget will be invested in the long-term development of the city, with priority given to elderly care, medical services, research and creative industries, the financial secretary revealed on Saturday. Paul Chan Mo ... ( read original story ...)

The Hong Kong stock market is currently very much sought-after by technology companies, partly because of the reform of its IPO listing rules. The city’s exchange operator Hong Kong Exchanges and Clearing proposed two chapters of new existing listing ... ( read original story ...)

Saudi Arabia has shortlisted New York, London and Hong Kong — singly or in a combination of two or even all three — for the international listing of state oil company Aramco. Riyadh could raise as much as $100 billion in the sale of up to 5% of Aramco. ( read original story ...)

Finance professionals in Hong Kong are six times more optimistic about the city’s economic outlook in 2018 compared to last year, thanks to economic growth in mainland China, a firm US economy, low interest rates and a government plan to ease tax burdens ... ( read original story ...)