Fitch Ratings has affirmed Power Finance Corporation Limited's (PFC) Long-Term Issuer Default Rating (IDR) at 'BBB-'. The Outlook is Negative, in line with that on the India sovereign (BBB-/Negative). ( read original story ...)
Hong Kong: Bond plans to be modified
The resolutions seek to raise the maximum amount of borrowings under the Government Bond Programme from $200 billion to $300 billion, and that under the Government Green Bond Programme (GGBP) from ... ( read original story ...)
NetEase’s Music App Files for $1 Billion Hong Kong IPO
Chinese gaming giant NetEase Inc.’s music streaming arm has filed for an initial public offering in Hong Kong as the Tencent Holdings Ltd. rival ratchets up competition in online content. ( read original story ...)
Hong Kong shares end at near 4-week high as inflation woes ease on dovish Fed
Hong Kong shares closed at a near four-week high on Wednesday, led by tech and property stocks, as a strong yuan and U.S. Federal Reserve's dovish monetary policy stance soothed inflation concerns. ( read original story ...)
Hong Kong’s IPO Market: Resilience and Innovation
Hong Kong’s increasing focus on new-economy and high-tech financing has kept the stock exchange resilient through the coronavirus pandemic. ( read original story ...)
Hong Kong steps up efforts to combat IPO-related misconduct
The local securities regulator is intensifying its efforts to tackle misconduct and improper behaviour related to new listings. ( read original story ...)
Renewed Consolidation Expected For Hong Kong Bourse
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had advanced almost 880 ... ( read original story ...)
Old-School Tycoons Who Made Hong Kong Are Losing to China’s Rich
The prediction was vintage Jack Ma, as provocative as it was prescient.“This is the era of the internet,” the Chinese billionaire proclaimed in October 2013, just weeks after his plan to take Alibaba ... ( read original story ...)
Hong Kong: Market expansion on track
Back to Hong Kong where we are now, our financial markets have also weathered the storm and are performing exceptionally well. On the listed equity side, funds raised through IPO were more than US$17 ... ( read original story ...)
HKSAR chief executive says no obvious capital outflow seen in Hong Kong
Carrie Lam, chief executive of the Hong Kong Special Administrative Region (HKSAR), said on Tuesday that there is no obvious capital outflow witnessed in Hong Kong. Lam told the media before attending ... ( read original story ...)
What to expect from the JD Logistics IPO
JD.com will launch an IPO for its delivery arm JD Logistics public in Hong Kong on 28 May - here’s everything you need to know ... ( read original story ...)
China: Angelalign Technology prepares ground for US$300m HK IPO
Chinese clear aligner treatment solution provider, Angelalign Technology, is preparing an IPO on the Hong Kong stock exchange. CICC and Goldman Sachs are sponsors for a listing that reports suggest ... ( read original story ...)
Hong Kong competitive, attractive as global financial center: HKEX chief executive
Hong Kong remains a highly competitive and attractive global financial center, Alejandro Nicolas Aguzin, the new chief executive of Hong Kong Exchanges and Clearing Limited (HKEX), said Tuesday at an ... ( read original story ...)
State Street’s role as manager of Hong Kong’s largest ETF under scrutiny
US manager’s future could rest on whether Biden decides to maintain a blacklist on investing in certain Chinese companies ... ( read original story ...)