Tag: finance

HONG KONG (Reuters) – HNA Group ... One оf thе sources said Pactera could see a $200 million pre-IPO funding round close in thе third quarter, adding Goldman bankers had spoken tо Chinese institutional investors. Some global private equitу firms ... ( read original story ...)

In its 2015 IPO prospectus, Hong Kong-listed Bank of Jinzhou revealed that it had $440m in exposure to Hanergy debt. In a series of reports before the 2015 crash, the Financial Times detailed Hanergy’s reliance on shadow financing and the unusual ... ( read original story ...)

It’s a business model that’s remained largely unchanged throughout the years, even as Expedia, Inc. acquired a stake in Trivago in 2012, and even when Trivago had its initial public offering (IPO ... RISE Conference in Hong Kong last July 11 to ... ( read original story ...)

And listings, especially, have suffered a lot in Singapore compared with when I joined the industry – we no longer have a steady stream of IPOs. Chinese firms are exiting the SGX and generally prefer to list in Hong Kong. Looking ahead, it’s hard to ... ( read original story ...)

HONG KONG (Reuters) - The Hong Kong stock exchange has rejected the IPO application of AMTD Strategic Capital Group [IPO-AMTD.HK], a corporate insurance broker backed by Morgan Stanley's private equity arm. It becomes only the sixth company to fall foul of ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong lowered a typhoon alert on Sunday evening as Typhoon Roke weakened, with the local airport and transport authorities rushing to restore normal operations in the Asian financial hub. The Hong Kong Observatory on Sunday ... ( read original story ...)

The U.S. tech IPO window may have reopened in 2017 following a lull last year, but the outlook is also looking rosier for another listing platform located on the other side of world. The Hong Kong Stock Exchange (HKSE) is experiencing a renaissance of ... ( read original story ...)

Changes to the procedural rules for the Legislative Council’s finance committee will be moved to prevent lengthy discussions in the future, according to the head of the panel. Finance committee chairman Chan Kin-por revealed the plan a day after HK$3.6 ... ( read original story ...)

Hong Kong and mainland China are the most vulnerable economies at risk of a financial crisis over the next three years as over 40 out of 60 economic indicators are sending alarm signals, including runaway property prices and soaring levels of private debt. ( read original story ...)

The city’s benchmark Hang Seng Index traded ... in the near term, Hong Kong stocks might have to consolidate at current level,” says KGI Securities director Ben Kwong. He says investors are focusing on the European Central Bank’s meeting on Thursday ... ( read original story ...)

HONG KONG, July 19 (Reuters) - Shares in Zhongyuan Bank Co Ltd ... The stock was indicated to open at HK$2.52, compared with the HK$2.45 IPO price. The benchmark Hang Seng index was poised to open 0.1 percent higher. Zhongyuan Bank priced the 3.3 billion ... ( read original story ...)

Bank of China Hong Kong (BoC HK), the second largest commercial bank in the city, and actually one of the key strategic corporates in Hong Kong, is leading the pack. BoC HK is in the process of acquiring its parent Head Office’s (BoC China, Beijing ... ( read original story ...)

HONG KONG, July 19 (Reuters) - Shares in Zhongyuan Bank Co Ltd, the largest city commercial bank in central China's Henan province, rose 2 percent in their trading debut on Wednesday despite weak demand from retail investors for the lender's $1 billion ... ( read original story ...)

Zhongyuan Bank, the biggest city lender in central China, made a sluggish debut on the Hong Kong stock exchange, after investors gave the city’s third-biggest initial public offering of 2017 the cold shoulder. The bank’s shares traded for the first ... ( read original story ...)