DBS analyst Manyi Lu reiterated a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research Report) on March 31 and set a price target of HK$29.70. Manyi Lu has given his Buy rating due to a ...
Citibank Announces Janus Wu as Head of International Personal Bank for Hong Kong
HONG KONG SAR - Media OutReach Newswire - 8 April 2024 - Citibank today announced the appointment of Janus Wu as Head of International Personal Bank (IPB) for Hong Kong with immediate effect. In his ...
HKEX reaches out to Saudi, Indonesian companies in move to broaden IPO targets in emerging markets
IPOs may take time as some of these companies are required to be listed first in their home market, before they can pursue an offshore listing IPO approval time has shortened from 70 business days in ...
HK sees 30 percent fall in IPOs: Deloitte
Accounting firm Deloitte on Monday said the number of new firms listing in the SAR in the first quarter fell 30 percent year-on-year to 12, with a ...
IPO activity ‘lukewarm’ in Southeast Asia with 38 deals raising US$1.0 bil in 1Q2024: EY
The Americas, on the other hand, saw strong IPO activity with 52 deals raising US$8.4 billion in proceeds in 1Q2024, up 21% and 178% y-o-y. Each of the top seven deals during the period raised over ...
Bonnie Chan: HKEX (00388.HK) Has Reduced IPO Approval Times, But Room to Speed Up Still Exists
There have been criticisms that HKEX (00388.HK) is taking too long to approve IPOs. Bonnie Chan, CEO of HKEX, said the median approval time for main board listings in 2023 was significantly reduced ...
HSBC summit: Hong Kong’s heritage in ‘business of thriving’ is ‘not about to change’, John Lee tells global investors
I'm confident that as global investors, you can see the far-reaching promise of Hong Kong for yourself,' Chief Executive tells HSBC summit The government is committed to enhancing the city's markets, ...
Shimao Shares Fall After China Bank Files Liquidation Petition
Shimao Group shares fell sharply after a Chinese state-run bank filed a liquidation petition against the heavily indebted developer, adding uncertainty to a proposed restructuring of offshore debt.
Hong Kong leader says government considering more steps to boost stock market
Hong Kong's leader John Lee said on Monday the authorities were considering additional measures to bolster the securities market in the Asian financial hub, which has taken a hit from China's economic ...
Hong Kong stocks rise after US-China talks triggers cautious optimism, investors eye key data releases
Hong Kong stocks rose after US-China talks, described as ‘extensive and productive’ by US Treasury Secretary Yellen, triggered optimism. Key economic data releases will drive sentiment later in the ...
China property developer Shimao faces liquidation order from state-owned bank
By Scott Murdoch (Reuters) -Chinese property developer Shimao Group said on Monday that China Construction Bank (Asia) had filed a liquidation petition against it in Hong Kong over a financial ...
Hong Kong fund managers set up shop in Middle East finance centres to seize opportunities, talent
Infini Capital Management and Arte Capital have both set up offices in Abu Dhabi - and US$1 billion funds focused on Middle East opportunities Access to talent, low taxes and visa schemes are draws, ...
Cathie Wood cheers crypto optimism and applauds Hong Kong’s web3 move
Cathie Wood, was a guest speaker at the Hong Kong web3carnival.focusing on flaws, she talked about crypto and blockchain technologies’ ...
Hong Kong to cut tax on intellectual property profits to 5%, align copyright law with AI advances
Tax on profits derived from qualifying IP will be reduced to encourage companies to devote more resources to R&D, according to finance chief Paul Chan City should also focus on exploiting 'enormous ...