Tag: finance

HONG KONG (Reuters) - China Literature Ltd, China’s largest online publishing and e-book company, launched an initial public offering for up to $1.1 billion on Monday, seeking funds for acquisitions and to expand its digital publishing business. ( read original story ...)

Three years ago, the Stock Exchange of Hong Kong lost the chance to host the record $25 billion initial public offering of Alibaba Group Holding because regulators would not allow the company's founders certain privileges they regarded as contrary to the ... ( read original story ...)

Shuli Ren is a Bloomberg Gadfly columnist covering Asian markets. She previously wrote on markets for Barron's, following a career as an investment banker, and is a CFA charterholder. Volatility is returning to Hong Kong stocks. In normal times, hot IPOs ... ( read original story ...)

HONG KONG (Reuters) - Shanghai-based coworking space startup naked Hub said on Friday it plans to go public in Hong Kong after a fresh round of fundraising next year, potentially adding more Chinese “new economy” companies to the Asian financial hub ... ( read original story ...)

China’s Sinochem Group has tapped three banks, including Morgan Stanley (NYSE: MS), to work on the possible Hong Kong listing of its key oil assets, as it seeks to raise capital and revive the company, said four people with knowledge of the matter. ( read original story ...)

BEIJING/HONG KONG (Reuters) - China’s Sinochem Group has tapped three banks, including Morgan Stanley (MS.N), to work on the possible Hong Kong listing of its key oil assets, as it seeks to raise capital and revive the company, said four people with ... ( read original story ...)

As oil giant Saudi Arabian Oil Co.—better known as Aramco—rethinks plans for what was expected to be the world’s biggest ever initial public offering, it’s not only investment bankers and the big stock exchanges of New York and London that are ... ( read original story ...)

A British parliamentarian has urged Hong Kong’s financial authorities to investigate his claims that banks in the city were used to process allegedly illicit funds linked to South Africa’s President, Jacob Zuma and the powerful Gupta family of businessmen. ( read original story ...)

The director of a Hong Kong-listed company and a bank manager from mainland China became the latest victims of phone scams in two separate cases earlier this week after losing more than HK$2.5 million to con artists posing as officers. At about 4pm on ... ( read original story ...)

What’s going wrong in banking recruitment right now? We spoke to recruiters in Singapore, Hong Kong and Australia to find out. There’s currently a surplus of senior investment bankers in Asia after several global banks have shed front-office staff over ... ( read original story ...)

HONG KONG, Oct 19 (Reuters) - Financial services group Mason Group Holdings Ltd said on Thursday it would buy a Liechtenstein-incorporated private banking services provider for 58.6 million Swiss Franc ($59.73 million), as it expands into the European ... ( read original story ...)

Hong Kong’s monetary authority is working with the government to issue green bonds in the city in the next financial year, setting a benchmark for companies to issue debt to fund environment-related projects. The move is part of the plan outlined last ... ( read original story ...)

Bank of China (Hong Kong) Limited ("BOCHK") today announces that the Bank of China (Hong Kong) Centenary Commemorative Banknote Charity Sets (the "Commemorative Banknote Charity Sets") will be open for public bidding from 20 October to 8 November 2017. ( read original story ...)

Fraudulent Website Notification Hong Kong, 19th October, 2017 - The Bank of East Asia, Limited ("BEA" or the "Bank") would like to alert all customers and the general public that the Bank has no affiliation whatsoever with the website https://eastasia-bank ... ( read original story ...)