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Tag: finance

Posted on 02/12/2020

HSBC’s Loyal Hong Kong Investors Find Redemption in 51% Rally

Fear of owning HSBC Holdings Plc shares is turning into a fear of missing out on a major rally.Europe’s biggest lender is up 51% in Hong Kong since touching its 25-year low in September, and is the ... ( read original story ...)

Posted on 02/12/2020

China Resources Mixc Said to Raise $1.6 Billion in Hong Kong IPO

Property management company China Resources Mixc Lifestyle Services Ltd. has raised $1.58 billion after pricing its Hong Kong initial public offering at HK$22.30 per share, the top of a marketed range ... ( read original story ...)

Posted on 02/12/2020

JD Health IPO Raises $3.5 Billion in Hong Kong

"The David Rubenstein Show: Peer-to-Peer Conversations" explores successful leadership through the personal and professional choices of the most influential people in business. ( read original story ...)

Posted on 02/12/2020

JD Health raises $3.48 billion in Hong Kong’s biggest IPO in 2020

JD Health's IPO is followed by China Bohai Bank's $2.05 billion IPO in July, setting the tone for Hong Kong's capital markets to end the year on a high note. ( read original story ...)

Posted on 02/12/2020

JD Health prices shares at $HK70.58, raises $3.48 bln in HK’s biggest IPO in 2020 – term sheet

JD Health International Inc has priced its shares at HK$70.58 ($9.10) each and raised about $3.48 billion in Hong Kong's biggest initial public offering (IPO) this year, according to a term sheet. ( read original story ...)

Posted on 02/12/2020

Breakingviews – Healthcare IPO examines value of China’s big tech

JD.com is offering a timely reminder of why big technology firms are valuable to Beijing. The e-commerce giant’s healthcare arm has priced shares in its initial public offering at a reasonable 13 ... ( read original story ...)

Posted on 02/12/2020

Evergrande Property shares edge higher in Hong Kong debut

Shares of Evergrande Property Services 6666.HK have opened at HK$8.84 as the stock makes it debut on Wednesday on the Hong Kong Stock Exchange, up 0.45% from the IPO price. The company, a unit of ... ( read original story ...)

Posted on 02/12/2020

Hong Kong media tycoon Jimmy Lai refuses to admit wrongdoing in fight for freedom

Hong Kong media mogul Jimmy Lai refused to admit wrongdoing in the fight for freedom during an exclusive interview on “Mornings with Maria” on Tuesday. Lai, the founder of Hong Kong media company ... ( read original story ...)

Posted on 01/12/2020

JD to Raise $3.5 Billion in Biggest Asia Health-Care IPO

JD Health International Inc. raised HK$27 billion ($3.5 billion) after pricing Asia’s biggest health-care initial public offering at the top end of a marketed range, people with knowledge of the ... ( read original story ...)

Posted on 01/12/2020

Hong Kong shares rise on upbeat China factory data, vaccine hopes

Hong Kong shares rose on Tuesday after data showed rapid acceleration in factory activity in China, as the world’s second-largest economy rebounded to pre-pandemic levels, and as investors continued ... ( read original story ...)

Posted on 01/12/2020

How 2020 turmoil will reshape the future of Hong Kong financial hub

In the weeks leading up to the planned public offering from Ant, the Chinese fintech group controlled by billionaire and Alibaba founder Jack Ma, bankers in Hong Kong radiated confidence. Here, the ... ( read original story ...)

Posted on 01/12/2020

Hong Kong Targets Yacht Parties in Latest Virus Crackdown

Hong Kong has set up a hotline for residents to report parties aboard yachts and rented party boats, as the financial hub tightens social-distancing rules to contain a surge of virus cases. ( read original story ...)

Posted on 01/12/2020

Global Banks Reverse Back-to-Office Push in Hong Kong

Global banks in Hong Kong, from Goldman Sachs Group Inc. to Standard Chartered Plc, have reversed a back-to-office push as virus cases surge in the Asian finance hub. ( read original story ...)

Posted on 01/12/2020

Hong Kong leader reiterates call to stay at home to curb spread of COVID-19

Hong Kong leader Carrie Lam on Tuesday again urged residents of the densely populated city to stay at home and avoid unnecessary family gatherings as the global financial hub scrambles to contain a ... ( read original story ...)

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