Tag: finance

Dida Chuxing resubmitted its initial public offering application to the Hong Kong stock exchange yesterday, after the Chinese carpooling platform failed to advance on its first filing six months ago ... ( read original story ...)

ByteDance has more than doubled its internal valuation in a new stock option plan for employees, as strong performance by its short video-sharing platform TikTok raised optimism about its business ... ( read original story ...)

Hong Kong Land, the biggest landlord in Central has been experimenting with a more youthful aesthetic packed with ‘Instagram moments’ in some of the city’s iconic office buildings. ( read original story ...)

The app factory’s hiring of former Xiaomi executive Zhou Shouzi as chief financial officer was seen as a move to prepare for an IPO. ( read original story ...)

Mox Bank Limited (“Mox”) announced the launch of its ‘Mox Card with credit’ (“Mox Credit”). The world is changing. Your bank should too. That’s why together with Mastercard, we’ve designed the Mox ... ( read original story ...)

Hong Kong-based Prenetics Ltd., whose Covid-19 tests were used by the English Premier League, is also planning an IPO, Nikkei has reported. ( read original story ...)

The Hong Kong stock market on Tuesday snapped the two-day losing streak in which it had tumbled more than 550 points or 2 percent. The Hang Seng Index now sits just beneath the 28,500-point plateau ... ( read original story ...)

BOCHK Asset Management Limited (“BOCHKAM”) is a wholly owned subsidiary of BOC Hong Kong (Holdings) Limited, which is one of the largest listed companies and commercial banking groups in Hong Kong, ... ( read original story ...)

Now, after decades of positioning the territory as the front office for mainland China and prioritizing financial and business services, Hong Kong’s leadership is offering billions of dollars in ... ( read original story ...)

Last year, Ant's valuation was touted at $315 billion for its IPO, which was pulled just before its November listing in Shanghai and Hong Kong. Even before news of the revamp, sources told Reuters ... ( read original story ...)

Trip.com has priced its Hong Kong initial public offering at HK$268, a 2 per cent discount to its New York closing price overnight, which will see it raise about US$1.1 billion, below its initial ... ( read original story ...)

Hong Kong police have arrested 16 people in a clampdown on a bookmaking syndicate which pocketed and laundered more than HK$180 million (US$23 million) in crime proceeds over 10 months. During the ... ( read original story ...)

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 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 ...)