The building is home to HSBC China’s Shenzhen branch, HSBC Qianhai Securities and HSBC Software Development Guangdong, a fintech centre. The bank said the tower would be a nerve ...
China orders pay cap at state-owned financial firms, sources say
China is set to impose a 1 million yuan ($137,309) cap on the annual income of staff at central government-owned financial institutions, three sources said, expanding a campaign against excess against ...
Bonnie Chan: HK IPO Mkt Continues to Recover w/ ~100 IPOs under Preparation
With Hong Kong's IPO market showing a good recovery in 2024 and more stimulus measures launched by China since September 2024, it is expected that Hong Kong will be able to welcome more IPOs, with 100 ...
China to allow foreign investors to take onshore bonds offshore via repos and derivatives
The onshore bonds issued by the Ministry of Finance and the policy banks on the mainland under the same programme will also be used as margin collateral for derivatives transactio ...
Hong Kong’s Paul Chan pledges to bridge climate financing after Trump pullout
City’s finance chief also meets United Arab Emirates’ minister of state for foreign trade to discuss bilateral cooperation.
Smithfield Foods seeks up to $10.7 billion valuation in US IPO
Smithfield Foods is targeting a valuation of up to $10.73 billion in its New York flotation, the biggest U.S. pork processor said on Tuesday, moving closer to its U.S. stock market return after more ...
How Hong Kong can cut wasteful spending and boost revenue
Reducing energy consumption and reclaiming plastic bag levy revenues are just some options available instead of cutting public services The government and general public alike should have deep ...
Scrapping it would shake confidence, jeopardise reliability and introduce currency volatility, one of the most significant risks in investment
Scrapping it would shake confidence, jeopardise reliability and introduce currency volatility, one of the most significant risks in investment.
Internet celebrity faces backlash over affair with Hong Kong Tai Sang Bank chairman Patrick Ma, 32 years her senior
Online influencer Rachel Chung, 34, has faced criticism after revealing her affair with Patrick Ma, the 66-year-old chairman of Hong Kong’s Tai Sang Bank.
Pork Giant Smithfield Foods Unveils Terms of Planned IPO
Key Takeaways Smithfield Foods unveiled terms Tuesday for its planned initial public offering, with the largest U.S. pork producer expecting shares to price between $23 and $27 each.The midpoint of ...
HSBC cuts ZTO Express stock rating to Hold, slashes target
HSBC analysts issued a downgrade for ZTO Express (NYSE:ZTO) shares, changing their recommendation from Buy to Hold. Accompanying this downgrade, the price target was also reduced from $28.00 to $20.00 ...
Smithfield Foods targets up to $10.7 billion valuation in US IPO
(Reuters) - Smithfield Foods is targeting a valuation of up to $10.73 billion in its U.S. initial public offering, the Farmland bacon maker said on Tuesday. Hong Kong-based WH Group, the world's ...
51job to IPO in Hong Kong in first half of 2025, with over 200 million users
Chinese HR service provider 51job is set to go public in Hong Kong after its privatization in 2022, according to Chinese media outlet Jiemian. The ...
Hang Lung Signs HK$10 Billion Five-Year Syndicated Loan Facilities
Hang Lung Properties Limited (SEHK stock code: 00101) (“the “Company” or “Hang Lung”) announced that it has successfully signed a five-year ...