Hong Kong residents who have been vaccinated for Covid-19 will be ... The tech-heavy ChiNext gauge in Shenzhen gained 1.7 per cent. China’s central bank announced on Monday that lending in the first ... ( read original story ...)
China’s revamp of Ant dents investor appetite for IPO revival
China's regulatory-imposed revamp of Jack Ma's Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to revive what ... ( read original story ...)
Hong Kong shares rise on financials support; tech firms cap gains
Hang Seng index +0.15%, China Enterprises index HSCE -0.22% Load Error * HSI financial sector sub-index is 1.1% higher * Hang Seng TECH index down 1.6% April 13 (Reuters) - Hong Kong's Hang Seng index ... ( read original story ...)
Hong Kong – Linklogis HK$8.0 Billion IPO.
Davis Polk advised Linklogis Inc. in connection with its initial public offering and listing on the Hong Kong Stock Exchange and an international offering in reliance on Rule 144A and Regulation S. ( read original story ...)
Breakingviews – Capital Calls – Swedish payment IPO tests investor appetite
TRUST TEST. A Swedish fintech startup is the latest to cash in on the digital payments boom. BlackRock-backed Trustly said on Monday it is planning an initial public offering in Sweden which Reuters ... ( read original story ...)
Tencent-backed Waterdrop faces pushback on IPO from Chinese regulators: sources
Chinese online insurance technology firm Waterdrop Inc is receiving pushback from domestic regulators on its planned U.S. initial public offering as its business model is seen as risky, four people ... ( read original story ...)
Chinese regulator orders Ant Group to conduct major overhaul
Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight ... ( read original story ...)
Hong Kong stocks fall as tech, consumer firms weigh
Hong Kong stocks fell on Monday, tracking losses in the A-share market, as latest data pointed to signs of liquidity tightening on the mainland. ** At the close of trade, the Hang Seng index was ... ( read original story ...)
Jack Ma’s Ant Group Bows to Beijing With Company Overhaul
In a statement, the People’s Bank of China said Ant representatives were summoned to a ... to sell more than $34 billion worth of stock and list on stock exchanges in Hong Kong and Shanghai, when ... ( read original story ...)
Huawei, HSBC Strike Deal in Hong Kong Over Documents in Extradition Fight
HONG KONG—A monthslong legal fight by Huawei Technologies Co. Chief Financial Officer Meng Wanzhou to obtain documents from HSBC Holdings PLC as part of her battle against extradition to the U.S. ( read original story ...)
Huawei, HSBC agree on document deal for extradition case
HONG KONG (AP) - Chinese telecommunications equipment firm Huawei said Monday that it has reached an agreement with HSBC in Hong Kong to obtain documents that its chief financial office Meng Wanzhou ... ( read original story ...)
Keymed gears up for Hong Kong IPO
Keymed Biosciences has started laying the groundwork for a planned Hong Kong IPO by filing its initial listing documents with the city’s exchange. ( read original story ...)
HSBC, Huawei Reach Agreement in Hong Kong Case Seeking Documents
HSBC said in a separate statement that it had agreed to “resolve the legal proceedings in Hong Kong regarding their request for documents.” Load Error Meng, the eldest daughter of Huawei’s billionaire ... ( read original story ...)
Hong Kong Looks to Sea for Clean Energy in Land-Starved City
Hong Kong’s CLP Holdings Ltd. is looking offshore to help meet a growing need for renewable energy, as limited land supply in the city poses a challenge to building clean-power capacity.CLP, one of ... ( read original story ...)