CHINESE bubble tea firm Guming has raised US$232 million in a Hong Kong initial public offering (IPO) after setting the price of its shares at the top of an indicated range, according to a term sheet.
Investors show big interest in using onshore Chinese bonds as repo collateral in Hong Kong
A repo is a short-term borrowing transaction to sell securities and repurchase them later at a slightly higher price.
China bubble tea maker Guming raises $232 million in IPO, term sheet shows
By Scott Murdoch SYDNEY (Reuters) -Chinese bubble tea firm Guming has raised $232 million in a Hong Kong initial public offering after setting the price of its shares at the top of an indicated range, ...
Here’s What HSBC’s Investing Changes Mean for Your Portfolio
HSBC recently made a major announcement that will impact account holders and investors. The company is winding down some of its equities businesses in Europe and the Americas. The bank is ...
Hong Kong legislator urges expansion of virtual asset derivatives and futures markets
Li Weihong wants the Hong Kong government to accelerate license approvals for virtual asset platforms and allow the Futures Exchange to have 23-hour trading.
Standard Chartered blocks Hong Kong exiles from accessing pensions
The bank has frozen £20 million of savings of British National (Overseas) passport holders who fled repressive national security laws.
Hong Kong government recognizes Bitcoin and Ethereum as proof of assets for investment immigration applications
The Hong Kong government has approved the use of BTC and Ethereum for immigration applications. Travelers can use these coins as proof of assets required by authorities. The move comes after two ...
Hong Kong continues to suspend packages for US as it seeks clarification over tariff
Hong Kong’s post office has announced it would continue to suspend shipping items containing goods to the United States until further notice ...
Hong Kong green financing steering group unveils 2025 priorities
The group group is led by the HKMA and the SFC. The Green and Sustainable Finance Cross-Agency Steering Group announced three key priorities for this year to foster the growth of sustainable finance ...
Exclusive-Shein poised to slash valuation to $50 billion in London IPO, sources say
Online fast-fashion retailer Shein is set to cut its valuation in a potential London listing to around $50 billion, said three people with knowledge of the matter, nearly a quarter less than the ...
Wiki Finance Expo Hong Kong 2025: Asia’s premier fintech and Web3.0 summit returns on March 27
The highly anticipated Wiki Finance Expo Hong Kong 2025 is set to take place on March 27, 2025, at The Sky 100 Hong Kong Observation Deck, International Commerce Center (ICC). As the largest and most ...
‘Countries like Hong Kong…’: Financial advisor calls for making capital gains tax 0%, triggers debate
His post sparked widespread discussion, with many agreeing with his stance. Some, however, proposed a more measured approach. One user on X argued that while lower capital gains tax could attract ...
HSBC to disclose 2024 results, mulls interim dividend
PLC (HKSE:0005) has announced that a committee of its Board of Directors will convene on February 19, 2025, to discuss the final results for the year ended December 31, 2024, and to deliberate on the ...
Hong Kong: an epicentre for global family offices
As a leading international financial centre, Hong Kong is solidifying its position as the premier destination for establishing family offices.