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Tag: finance

Posted on 11/12/2024

China make-up mogul becomes billionaire on hot Hong Kong IPO

His namesake firm, Mao Geping Cosmetics, could raise up to HK$2.1 billion (S$362 million) in the listing. Read more at straitstimes.com.

Posted on 11/12/2024

Hong Kong needs to reform itself quickly, ex-commerce chief Frederick Ma says

Lower IPO listing costs, new attractions such as golf courses and BMW museum needed to boost economy, he says.

Posted on 10/12/2024

Chinese Makeup Artist Is Now A Billionaire Thanks To Hot IPO

Mao Geping, the 60-year-old makeup artist, has become a billionaire thanks to a successful listing of his eponymous cosmetics brand in Hong Kong.

Posted on 10/12/2024

Hong Kong Traders Fair 2024: Trusted Financial Insights Await This 14 December

The Hong Kong Traders Fair 2024 is set to open its doors this 14 December at the Crowne Plaza Hong Kong, bringing together ...

Posted on 10/12/2024

Makeup Artist Mao Geping Becomes Billionaire After Company’s Hot IPO

Mao Geping, the 60-year-old makeup artist, has become a billionaire thanks to a successful listing of his eponymous cosmetics brand in Hong Kong.

Posted on 10/12/2024

China make-up mogul nears billionaire status with Hong Kong IPO

His namesake firm, Mao Geping Cosmetics, could raise up to HK$2.1 billion (S$362 million) in the listing. Read more at straitstimes.com.

Posted on 10/12/2024

Hang Seng Index Due For Consolidation

The Hong Kong stock market has moved higher in two straight sessions, rallying more than 850 points or 4.2 percent along the way. The ...

Posted on 10/12/2024

HSBC global private banking and wealth chief to quit

Gabriel Castello has been named interim CEO of global private banking, with search for a permanent CEO to start in “due course”.

Posted on 10/12/2024

Great Restaurant Doesn’t Have A Great IPO Plan

Great Restaurant Development Holdings aims to raise $10 million in a US IPO. Financials show falling revenue, reduced gross profit, and negative marketing efficiency, with high multiples.

Posted on 10/12/2024

HSBC Holdings Announces Significant Share Buy-Back

HSBC Holdings (GB:HSBA) has released an update. HSBC Holdings has successfully bought back 1,734,933 of its ordinary shares as part of a share ...

Posted on 10/12/2024

Hong Kong banks to study heavy cheque users with eye on phase-out

Work with 10 heavy cheque-using sectors including SMEs, charities and brokers will help identify barriers to electronic payments, HKAB says.

Posted on 09/12/2024

Chinese cosmetics firm Mao Geping prices shares at top of range in Hong Kong IPO

Chinese beauty brand Mao Geping on Monday set the price for its shares at the top of the range, as it looks to raise $270 million in a Hong Kong initial public offering.

Posted on 09/12/2024

Hong Kong stocks slide from 4-week high as China deflation lingers

Hong Kong stocks dropped from a four-week high after an official report showed that China’s deflationary pressure is lingering, as investors look ahead to a key economic policy meeting. The Hang Seng ...

Posted on 09/12/2024

Boutique Bank Raine to Shut HK Base, Offers Staff Singapore Move

Raine Group plans to close its Hong Kong office and is offering the staff to relocate to Singapore as the New York-based boutique adviser seeks to consolidate its operations in Asia, according to ...

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