HSBC Holdings Plc has started briefing investors on a potential initial public offering (IPO) of its Indonesian business, said two sources with direct knowledge of the matter. ( read original story ...)
Hong Kong stocks extend losses as Alibaba, Tencent, HSBC retreat, currency slump adds to sell-off pressure
Stocks continue a slide towards the lowest level in more than 11 years. The offshore yuan trades at a record low while the HKMA intervenes to support the Hong Kong dollar peg. ( read original story ...)
Hong Kong rises to fourth among biggest IPO markets globally, as Shanghai’s Star Market takes top spot
The city improved upon a 10th-place ranking in June after bourse operator Hong Kong Exchanges and Clearing’s main board saw 47 IPOs raise US$8.8 billion in the first nine months. ( read original story ...)
Hong Kong Will Keep Reopening Unless New Variant Emerges, Lo Says
Hong Kong will stick with its push to reopen to the world unless a dangerous new virus variant emerges, while stressing the financial hub has an obligation to protect mainland China from major ... ( read original story ...)
Sentiment in the Hong Kong stock market remains ‘extremely fragile,’ says Kingston Securities
Dickie Wong of the securities brokerage and research services company says Hong Kong's IPO market is "simply lukewarm" and is trading at extremely low levels. ( read original story ...)
Hong Kong IPO activities increases in the third quarter, says KPMG
Geopolitical and economic uncertainties continue to weigh on global markets, with proceeds from initial public offerings (IPO) in the United States and Hong Kong dropping by 94% and 76% respectively ... ( read original story ...)
Leapmotor and Onewo shares tumble in Hong Kong debut
Hong Kong's two largest completed IPOs of 2022 worth a combined $1.5 billion closed deep in the red on their market debuts on Thursday, dampening prospects of a recovery in new share sales in the city ... ( read original story ...)
Clifford Chance, Pillsbury Lead on $807M Hong Kong IPO of Electric Vehicle Maker
Despite a recent spike in IPOs, capital market deal volumes have fallen sharply in Hong Kong this year. Clifford Chance, Grandway Law Offices, Pillsbury Winthrop Shaw Pittman and Han Kun Law Offices ... ( read original story ...)
Hong Kong IPOs flop as Leapmotor sinks 37 per cent in market debut and Onewo struggles below offer price
Zhejiang Leapmotor plunges 37 per cent while Onewo loses almost 5 per cent in morning trading Both IPOs were undersubscribed by local investors in a week when the Hang Seng Index hits an 11-year low, ... ( read original story ...)
CALB Prices $1.3 Billion Hong Kong IPO at Bottom of Marketed Range
The firm marketed about 265.8 million shares at HK$38 to HK$51 each. An external representative for CALB declined to comment. ( read original story ...)
Hong Kong to Host Global Financial Leaders Amid Easing Covid Rules
By Justina Lee Global financial leaders from more than 100 banks, hedge funds, venture capital firms and other institutions will attend a summit in Hong ... ( read original story ...)
EV Maker, China Vanke’s Slump in HK Debut Amid Rough IPO Market
An EV maker and a unit of China’s real estate developer China Vanke Co. plunged in their trading debuts in Hong Kong, following IPOs that together raised more than $1.5 billion. Chinese ... ( read original story ...)
Alibaba, HSBC, Baidu lead Hong Kong stock rebound after China defends yuan and global stocks halt slump
The Hang Seng Index rose after China's central bank asked commercial banks to provide liquidity and warned against one-way bets on yuan depreciation A UK government bond purchase plan also buoyed ... ( read original story ...)
Wall Street titans to join Nov 2 summit in Hong Kong as COVID rules relaxed
The heads of some of the world's top banks and asset managers will attend an investment summit in Hong Kong on Nov. 2, the city's financial regulator said on Thursday, signalling a re-opening of the ... ( read original story ...)