Tag: finance

HONG KONG (Reuters Breakingviews ... The pair raised a combined $11.6 billion, after pricing at the bottom of the marketed ranges. Indeed, Xiaomi’s IPO valuation was nearly half the mooted $100 billio... ( read original story ...)

Retail investors have given a lukewarm response to Chinese food delivery service firm Meituan Dianping’s US$4.2 billion IPO, with the public tranche 1.5 times subscribed, fairing little better than Ch... ( read original story ...)

Meituan shares closed at HK$72.35 on Thursday, 5.3 percent above the HK$69 price of the IPO. After Hong Kong’s second-biggest technology listing of the year, the unprofitable company has a market valu... ( read original story ...)

China food delivery service platform Meituan Dianping closed up 5 per cent on its trading debut on Thursday, pushing co-founder Wang Xing’s net worth up to US$5.3 billion. The company’s market cap rea... ( read original story ...)

Law360 (September 20, 2018, 6:36 PM EDT) -- Chinese online services platform Meituan Dianping’s shares rose in debut trading Thursday following completion of the company’s $4.2 billion initial public ... ( read original story ...)

The stock’s performance is being seen as a test of investor appetite for Hong Kong listings against a backdrop of weak markets and multi-billion dollar initial public offerings (IPOs ... ( read original story ...)

Following is the speech by the Chief Executive, Mrs Carrie Lam, at the 2018 Hong Kong Green Finance Forum and Launch of the Hong Kong Green Finance Association today (September 21): Deputy Director Qi... ( read original story ...)

Hong Kong stocks enjoyed more gains at the open on Thursday on growing optimism that China and the United States can reach an agreement to avert an all-out trade war. The Hang Seng Index rose 0.72 per ... ( read original story ...)

Mainland financial heavyweight China Merchants Bank has leased a four floor office in Hong Kong’s Three Exchange Square in Central, taking half of the eight floors shed by liquidity-troubled HNA last ... ( read original story ...)

Former Hong Kong Secretary for Financial Services and the Treasury Chan Ka-keung has joined WeLab Virtual Bank, which has applied for a licence in the city, as chairman, he said on Tuesday. Chan joine... ( read original story ...)

HCM City (VNA) – Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong voiced his hope that Hong Kong, as a leading financial centre of Asia and the world, will share its ... ( read original story ...)

Meituan’s stock market performance is being seen as a test of investor appetite for Hong Kong listings against a backdrop of weak markets and previous multi-billion dollar IPOs that have struggled to ... ( read original story ...)

Meituan Dianping, the Chinese food delivery and neighborhood services giant, jumped on its first day of trading after raising $4.2 billion in an initial public offering. The stock climbed as much as 7 ... ( read original story ...)

Just months after its blockbuster initial public offering (IPO) in Shanghai, biotech firm WuXi AppTec Co. Ltd. has filed for a second listing in Hong Kong, potentially making it the first of a new gen... ( read original story ...)