Asia-Pacific has dominated IPOs globally this quarter

Stock exchanges in greater China saw a total of 144 companies listed in the third quarter, making up 44 percent of global IPOs, according to EY. Hong Kong saw 37 IPOs, compared with 56 on the Shanghai Stock Exchange and 51 on the Shenzhen Stock Exchange's ... ( read original story ...)

‘Smart Banking’ upgrade is a must, Norman Chan says

The upgrading of our banking system to a new and higher level of Smart Banking is not just something nice-to-have but a must, the Hong Kong Monetary Authority (HKMA) chief executive Norman Chan Tak-lam, (pictured), said, adding that banking and technology ... ( read original story ...)

Third wheel

Shares in ZhongAn Online P&C Insurance, China’s first online-only insurer, jumped more than 18 percent in early trade in Hong Kong on Sept ... ABC International, BOC International, CICC, ICBC International, Morgan Stanley and Ping An of China Securities ... ( read original story ...)

Hit IPO undercuts the case for new Hong Kong board

HONG KONG, Sept 28 (Reuters Breakingviews ... Credit Suisse, CMB International, JP Morgan and UBS were joint sponsors and global coordinators. ABC International, BOC International, CICC, ICBC International, Morgan Stanley and Ping An of China Securities ... ( read original story ...)

Hong Kong Market May Test Resistance At 28,000 Points

BOC Hong Kong eased 0.26 percent and Hong Kong & China Gas fell 0.14 percent. The lead from Wall Street is firm as stocks moved higher on Wednesday following the lackluster performance in the previous session. The NASDAQ added 73.10 points or 1.15 percent ... ( read original story ...)

Hong Kong’s Kids Are Turning to Parents for Home Loans

“Recent developments in new sources of home financing deserve careful monitoring as they could have implications when viewed from a broader financial stability perspective,” the Hong Kong Monetary Authority wrote in its half-yearly financial stability ... ( read original story ...)

Moody’s downgrades HSBC’s Hong Kong unit

Moody’s downgraded The Hongkong and Shanghai Banking Corp’s long-term issuer rating to double A three (Aa3) to double A two (Aa2). The agency said that “rises in corporate and/or household leverage in recent years in major markets for the bank ... ( read original story ...)

STX Eyeing $3.5 Billion Hong Kong IPO in 2018 (Report)

STX Entertainment may be edging closer to an initial public offering on the Hong Kong Stock Exchange, early in 2018. The company could raise $500 million of fresh capital and achieve a valuation of $3.5 billion, according to a report by the Wall Street ... ( read original story ...)