Tag: finance

Five Chinese companies took their Hong Kong IPO plans to the next step this week despite a difficult market environment. Weilong Delicious Global Holdings and Miniso Group have passed their listing ... ( read original story ...)

Hong Kong returned to China in 1997 after 156 years of British colonial rule. Here are some major milestones for the city’s financial markets: Hong Kong dollar tra ... ( read original story ...)

Hong Kong's Hang Seng index led gains in the region, to end the day 2.35% up at 22,229.52, after trading more than 3% higher in the session. The Hang Seng Tech index popped 4.71%. Alibaba's shares in ... ( read original story ...)

The Hang Seng Index now rests just beneath the 22,230-point plateau although investors may cash in on Tuesday. The global forecast for the Asian markets is mixed to lower, with support from oil stocks ... ( read original story ...)

Amsterdam-listed Prosus plans to trim its 28.8 per cent stake in Tencent Holdings over time to fund its stock buy-back programme Hang Seng Index members have recouped US$592 billion of market value ... ( read original story ...)

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.1205 million shares in London and Hong Kong yesterday (27th), involving a total of approximately HKD161 million. HSBC ... ( read original story ...)

Mega Genomics Ltd. raised HK$153.4 million (US$20 million) in an initial public offering on the Stock Exchange of Hong Kong. Its shares jumped 16.7% in the middle of the first trading day on June 22 ... ( read original story ...)

The People's Bank of China announced it is developing a yuan reserve with five other nations. Five nations including Hong Kong and Singapore will contribute 15 billion yuan, or about $2.2 billion. ( read original story ...)

Weilong Delicious Global Holdings Ltd. has decided to revive a Hong Kong initial public offering that could raise about $500 million, people familiar with the matter said. ( read original story ...)

Hong Kong has been the world's largest initial public offering market seven times in the past 13 years. This is thanks mainly to new listings by Chinese companies, which represented 98 per cent of all ... ( read original story ...)

The Hang Seng closed above the 22k level, a big, round, useless number, but Hong Kong’s large warrant market (structured ... My weekend reading included a big global investment bank’s research piece ... ( read original story ...)

Logistics company GoGoX fell in afternoon trade to close at 16.72 Hong Kong dollars ($2.13) after reaching 23.15 Hong Kong dollars earlier in its debut session. The stock's offer ... ( read original story ...)

The company filed for its IPO last Friday. Credit Suisse and CICC are sponsors. Compared to other companies eyeing a Hong Kong listing, Growatt is aiming at a relatively large deal size. For instance, ... ( read original story ...)

In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the outlook for the city and its role in the global financial system. ( read original story ...)