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Tag: finance

Posted on 05/04/2022

Asia’s IPO market bucks global slump thanks to megadeals

The Asia-Pacific market had 16% fewer IPOs during the quarter -- 188 companies -- but the proceeds rose 18% to $42.7 billion. ( read original story ...)

Posted on 05/04/2022

Asia-Pacific stocks set for opening gains; Reserve Bank of Australia rate decision ahead

Elsewhere, Australia stocks also appeared set for a higher start. The SPI futures contract sat at 7,528, against the S&P/ASX 200's last close at 7,513.70. The Reserve Bank of Aust ... ( read original story ...)

Posted on 05/04/2022

U.S.-Bound China IPO Train Could Resume by Summer, Latest Signals Show

A few small IPOs are floating up in the headlines as we kick off the new week, signaling spring could finally be near for the stalled train of Chinese companies listing in the U.S. The latest filings ... ( read original story ...)

Posted on 05/04/2022

Hong Kong Internet Stocks Cheer Proposed CSRC Rule Change

China’s SEC, issued a “Notice on Public Solicitation of Comments on the “Provisions on Strengthening the Confidentiality and Archives Management Work Related to the Overseas Issuance and Listing of ... ( read original story ...)

Posted on 04/04/2022

Are Hong Kong tax incentives for family offices ‘too little, too late’? Some lawmakers think so

It maybe too late as Singapore has offered tax waivers since 2020, lawmaker for accountancy constituency says Financial services, liquid capital market connected to China make Hong Kong 'natural ... ( read original story ...)

Posted on 04/04/2022

IPO market off to a slow start in 2022 but is set to rebound, KPMG analysis finds

The Hong Kong IPO market has started quietly this year as geopolitical issues and economic uncertainties prevail globally amid supply chain bottlenecks and interest rate hikes. The escalation of the ... ( read original story ...)

Posted on 04/04/2022

Chinese tech stocks in Hong Kong jump as Hang Seng index rises 2%

Hong Kong's Hang Seng index led gains among the major Asia-Pacific markets on Monday as Chinese tech stocks in the city jumped. Markets in mainland China are closed on Monday and Tuesday this week for ... ( read original story ...)

Posted on 04/04/2022

Hong Kong Leader to Step Down With China Now Firmly in Control

Hong Kong Chief Executive Carrie Lam said she wouldn’t seek a second term, ending a tumultuous tenure that saw China cement control over the once-freewheeling financial hub. ( read original story ...)

Posted on 04/04/2022

HSBC MPF Wins Eight Accolades at 2021 Benchmark Fund of The Year Awards

In recognition of its leading performance in investment strategy and corporate governance HONG KONG SAR - Media OutReach - 4 April 2022 - HSBC MPF won eight Benchmark Fund of the Year awards in 20211 ... ( read original story ...)

Posted on 04/04/2022

Hong Kong leader Carrie Lam says she will not seek a second term

Hong Kong's embattled leader Carrie Lam, who has governed the global financial hub through the unprecedented upheaval of anti-government protests and COVID-19, said on Monday she will not seek a ... ( read original story ...)

Posted on 04/04/2022

China-focused private equity managers face extended fundraising dry spell as policy uncertainties, IPO obstacles give investors cold feet

China-focused private equity funds raised the lowest amount of capital in eight years during the second half of 2021, as policy uncertainties in the consumer tech sector and obstacles to cashing out ... ( read original story ...)

Posted on 04/04/2022

Hong Kong boost Asian stock market with tech shares up 2%; Wall Street futures, oil falls

Hong Kong’s Hang Seng Index rose 0.8% led by rally in tech stocks ... a half percentage-point rate increase in May and provide key details on how the central bank will shrink its balance sheet. “It ... ( read original story ...)

Posted on 03/04/2022

SPACs likely to give Hong Kong deal bankers a shot in the arm after M&As slump 37 per cent in first quarter

A total of 232 deals worth US$24.4 billion were announced in the first quarter, 37 per cent lower from a year earlier, according data compiled by Refinitiv Development of SPACs will definitely help ... ( read original story ...)

Posted on 03/04/2022

HOME+ Supports Hong Kong Jockey Club Food Assistance Programme – E-Food Bank Service

The fifth wave of the pandemic has brought tremendous challenges to families and individuals of the transitional poor. To respond in times of uncertainty, e-shopping platform HOMEPLUS ("HOME+") is ... ( read original story ...)

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