Tag: finance

Hong Kong, a Special Administrative Region (SAR) of China, is one of the leading financial capitals in the world. As such, many of the world’s leading banks have operations there. The island also has ... ( read original story ...)

Morgan Davis reports. The Hong Kong-listed transaction, which raised the equivalent of about $1.827bn on Tuesday, was labelled a ‘Greater Bay Area bond’, as proceeds will be used for projects in the G... ( read original story ...)

Recruiters in Hong Kong and Singapore have spotted a surge in enquires from London-based banking professionals wanting to relocate to Asia in the final run-up to the UK leaving the European Union. ( read original story ...)

David Li Kwok-po, the third-generation scion of Hong Kong’s oldest home-grown bank, Bank of East Asia, said he will remain active in managing the bank’s 200 global outlets at least until 82 years old, ... ( read original story ...)

HONG KONG (Reuters) - Canaan Inc, one of the world’s leading cryptocurrency mining equipment makers, has let its application for a Hong Kong IPO of at least $400 million lapse, casting doubt on the pr... ( read original story ...)

Babytree Group, China’s biggest parenting platform operator, slashed the size of its Hong Kong initial public offering by more than 70 per cent as investors’ demand for new shares fades amid a surge i... ( read original story ...)

Canaan Creative’s application for an initial public offering (IPO) may be in doubt as the Chinese bitcoin mining maker’s filing with the Hong Kong Stock Exchange (HKEX) has now lapsed. According to an ... ( read original story ...)

Tencent Holdings-backed online Chinese travel firm Tongcheng-Elong launched a far smaller-than-expected initial public offering of up to US$233 million in Hong Kong on Tuesday, amid a weak stock marke... ( read original story ...)

Alibaba-backed online parenting firm Babytree Group launched an initial public offering of up to US$281 million in Hong Kong on Wednesday, far below what the Chinese company had hoped to raise, as wea... ( read original story ...)

BOC Hong Kong shed 0.34 percent, Hong Kong & China Gas gained 0.27 percent, WH Group lost 0.16 percent and China Mobile and Industrial and Commercial Bank of China were unchanged. The lead from Wall S... ( read original story ...)

HONG KONG (Reuters) - Alibaba-backed online parenting firm Babytree Group launched a Hong Kong IPO of up to $281 million on Wednesday, far below what the Chinese company had hoped to raise, as weak ma... ( read original story ...)

Indeed, the Hong Kong banking sector performed well in the first half of 2018. Of course in the same way the Hong Kong economy performed well in the first half of 2018, making a real growth of 4%. The ... ( read original story ...)

Hong Kong & China Gas advanced 1.08 percent, China Petroleum and Chemical (Sinopec) dropped 1.05 percent, Sands China skidded 0.79 percent, BOC Hong Kong collected 0.69 percent, Ping An Insurance shed ... ( read original story ...)

China’s Bank of Communications appears to be taking advantage of a sustained slide in Hong Kong retail rents to expand its footprint in the city’s Central district at a rent less than half of what an ... ( read original story ...)