Tag: finance

What makes a Chinese initial public offering Chinese? Shares of LianBio fell 14% on their first day trading in New York on Monday after raising $325 million. It touts a foreign domicile and U.S. ( read original story ...)

JCB International Co., Ltd., an international operations subsidiary of JCB Co., Ltd., has launched JCB Contactless payment service in the e-payment system of Long Win Bus Co. Ltd. (“LWB”), in ... ( read original story ...)

Rivian Automotive Inc., the electric truck maker backed by Amazon.com Inc., plans to raise as much as $8.37 billion in an initial public offering. A listing at the top of that range would eclipse the ... ( read original story ...)

The Reserve Bank of Australia is set to announce its interest rate decision at around 11:30 a.m. HK/SIN. Overnight on Wall Street, the the S&P 500 gained 0.18% to a record closing high of 4,613.67. ( read original story ...)

Rivian said it plans to sell 135 million shares for $57 to $62 each, according to its filing Monday with the U.S. Securities and Exchange Commission. At the top of that range, Rivian would have a ... ( read original story ...)

Rivian Automotive Inc., the electric truck maker backed by Amazon.com Inc., is seeking to raise as much as $8.4 billion in an initial public offering that could give it a market value of as much as ... ( read original story ...)

Meanwhile, selloff was also fueled on caution ahead of the U.S. Federal Reserve's policy meeting on Tuesday, where investors widely expect the U.S. central bank to announce a tapering of stimulus. The ... ( read original story ...)

Hong Kong has long been a gateway to and from Mainland China, and different data points show that the city originates and intermediates about two-thirds of China's inward foreign direct investment and ... ( read original story ...)

Hong Kong, as a leading international financial centre and the main gateway to China’s economy, is assessing the feasibility of developing its own CBDC assets. ( read original story ...)

Marketing Interactive is Asia's leading source of advertising, marketing & media news. News coverage includes Singapore, Malaysia and Hong Kong, reaching out to all marketing & advertising related ... ( read original story ...)

The use of technology, such as big data and mobile gaming, has enabled Livi Bank to tap business opportunities from borrowers whose needs have been overlooked by the city's 160 licensed banks, ... ( read original story ...)

The market for initial public offerings in Sydney has been on a tear, with the amount of deals priced last month surpassing that in Hong Kong for the first time in over two years. ( read original story ...)

The bank's reported pre-tax profit came in at $5.4 billion in the third quarter of 2021 — beating expectations. ( read original story ...)

Hong Kong insurers are strengthening their efforts to stamp out fraudulent claims involving critical illness policies following a rise in such cases in one small corner of the city’s US$74.7 billion ... ( read original story ...)