International Finance Forum (IFF) 2021 co-organized a roundtable discussion with the Nansha Management Committee of China (Guangdong) Pilot Free Trade Zone, inviting 14 speakers to share their views ... ( read original story ...)
How will China’s new data security law affect Hong Kong IPOs?
The regulations have yet to be enacted but have definitely created ambiguities for companies looking to float in Hong Kong. ( read original story ...)
Shares of Chinese social media giant Weibo open 6% lower on the first day of trading in Hong Kong
This is the Chinese social media giant’s secondary listing where it raised approximately $385 million. Hong Kong-listed shares of Weibo opened 6% lower in their trading debut on Wednesday. Shares ... ( read original story ...)
China’s QingCi Games Seeks $153 Million in Hong Kong IPO
Alibaba and Tencent-backed mobile game developer QingCi Games Inc. is seeking as much as HK$1.19 billion ($153 million) in a Hong Kong initial public offering (IPO). The Xiamen-based company plans to ... ( read original story ...)
Scaled-back $767M SenseTime IPO launches in Hong Kong
SenseTime intends to dedicate the majority of the funds raised to further research and development on its biometrics and other computer vision technologies. ( read original story ...)
Hong Kong: Strengthening HK as insurance hub
The Government is entirely committed to developing Hong Kong as a green finance hub. Our agenda, and results, bear that out. Just last month, we completed the successful offering of about US$3.75 ... ( read original story ...)
AI Giant SenseTime’s USD769 Million Hong Kong IPO Gets Underway
SenseTime, China’s biggest artificial intelligence company, has started accepting subscriptions ahead of its HKD6 billion (USD769 million) initial public offering on the Hong Kong stock exchange on ... ( read original story ...)
AI unicorn SenseTime plans to raise $768 million in downsized Hong Kong IPO
China’s top AI firm SenseTime plans to raise HK$5.99 billion ($768 million) in its Hong Kong debut, down about 62% from a reported $2 billion goal. The company is selling 1.5 billion shares between ... ( read original story ...)
Alibaba jumps most since Hong Kong Listing as China tech rebounds
Alibaba Group Holding Ltd. soared by the most since its 2019 listing in Hong Kong, leading a rebound in Chinese tech stocks, as bargain hunters piled in amid improved sentiment following Beijing’s ... ( read original story ...)
Chinese AI group SenseTime launches downsized Hong Kong IPO
Chinese artificial intelligence developer SenseTime Group aims to raise as much as $767 million as it opens its initial public offering in Hong Kong on Tuesday. ( read original story ...)
Salary report 2022 market outlook, Hong Kong – Banking and financial services
At four to eight months, securities firms are set to offer the highest bonus packages to their compliance professionals in Hong Kong. ( read original story ...)
Hong Kong fintech unicorn WeLab raises $240M to buy Indonesian bank
A virtual bank is soon coming to Indonesia. WeLab, a Hong Kong-based fintech unicorn, announced Tuesday its acquisition of Bank Jasa Jakarta (BJJ), an Indonesian commercial bank. With the deal, WeLab ... ( read original story ...)
Alibaba Jumps as Much as 9.1% in Hong Kong in Broad Tech Rebound
Chinese tech stocks in Hong Kong on Tuesday, as bargain hunters piled in amid improved sentiment following Beijing’s move to bolster the economy. Shares of the e-commerce giant advanced as much as 9.1 ... ( read original story ...)
Hong Kong stocks jump from 14-month low as China set to inject US$188 billion of liquidity to revive growth
China's central bank announced a cut in banks' reserve-requirement ratio with effect from December 15, set to unleash US$188 billion of liquidity into the system Alibaba Group posts in one of the ... ( read original story ...)