Tag: finance

Hong Kong tycoon Richard Li’s FWD Group landed a $400 million investment as part of the Asian insurer’s plans for a multibillion-dollar U.S. listing. ( read original story ...)

The southbound Bond Connect link allows 13 Hong Kong banks to trade bonds for 41 mainland banks and 173 professional investors in the city, with the daily quota set at 20 billion yuan and 500 billion ... ( read original story ...)

Hong Kong ranked third in the latest Global Financial Centres Index Report, up by one place from the last index, the Government says. ( read original story ...)

Parliamentarians in London have launched a new inquiry into allegations that British banks, including HSBC, helped Beijing punish pro-democracy activists in Hong Kong. The All-Party Parliamentary ... ( read original story ...)

Bank of China sold another green bond on Thursday through its Sydney branch, this time raising $300m. The Chinese bank has become a regular issuer in the green bond market. On Thursday, BOC sold a ... ( read original story ...)

Bank of China sealed a dual-currency green bond with a biodiversity label on Thursday. The deal was split into an offshore renminbi (CNH) denominated tranche, and a tranche in Macanese pataca. Both ... ( read original story ...)

Work on an ‘iconic’ town centre tower block seems to have been halted, as reports from China suggest the company behind the project may be struggling. By STEVEN ... ( read original story ...)

The sovereign bond qualifies for the new cross-border channel that will allow mainland professional investors to trade in the HK$2 trillion bond market in Hong Kong from Friday. ( read original story ...)

Hong Kong restaurant chain owner Tam Jai International has launched an HK$1.4 billion (US$180 million) initial public offering as the city’s stock market picked up by the most in almost two weeks. ( read original story ...)

Dongguan Rural Commercial Bank Co. raised HK$9.1 billion ($1.2 billion) in its Hong Kong initial public offering after pricing shares at the bottom of a marketed range, according to people familiar ... ( read original story ...)

A.M. OYO to file for up to $1.2 billion-IPO next week Hospitality firm OYO is planning to raise between $1 billion to 1.2 billion through an initial public offering and is expected to file the draft ... ( read original story ...)

Singapore's move to launch new funds to support startups will help companies seeking IPOs, though it could take years before Singapore Exchange might become a centre for regional tech listings, ... ( read original story ...)

HSBC Holdings PLC expects the debt problems involving embattled property developer China Evergrande Group to have an impact on capital markets but does not see any direct impact on the bank, its group ... ( read original story ...)

HSBC has appointed Grace Chan (pictured) as head of brand and brand partnerships Asia Pacific. Chan will be based out of Hong Kong, and started her with HSBC last month. Before that, she worked for ... ( read original story ...)