HONG KONG (Feb 05) -- A-Living Services' initial public offering was priced at HK$12.30 apiece, slightly lower than the mid-point of an indicative range, according to a source familiar with the pricing details. The Chinese property management service ... ( read original story ...)
Hong Kong Exchanges and Clearing : Exchange Publishes Guidance Letters on Pricing Flexibility for IPOs and Placing Tranche Reallocation in IPOs
Listing applicants can use pricing flexibility mechanism to set price of shares in an IPO Listing applicants can move shares from placing to public subscriptiontranche under certain conditions other than those in the practice note that has the clawback ... ( read original story ...)
Investors readying for a surge in blockbuster China IPOs
Its biggest win and breakthrough came in 2014 when China's e-commerce giant Alibaba snubbed the Hong Kong Stock Exchange and chose to list on the big board. Alibaba's $25 billion IPO ranks as the largest in history. Typically, New York has offered higher ... ( read original story ...)
Shanghai Henlius Biotech Inc is reportedly planning its IPO offering
As Hong Kong is looking to overhaul its traditional IPO rulings in order to create further competition with New York, Shanghai Henlius Biotech is set to benefit from these changes. Bloomberg has reported that the company is looking to go public under the ... ( read original story ...)
Credit Suisse Fined $5 Million for Hong Kong Regulatory Breaches
In November, the regulator fined HSBC Holdings Plc’s private-banking unit a record HK$400 million over sales of structured products linked to Lehman Brothers Holdings Inc. in Hong Kong. “Credit Suisse has taken appropriate action to ensure that Credit ... ( read original story ...)
Mealworm farming made easy: grow a new protein source that’s eco-friendly with hive from Hong Kong start-up
An alternative source of protein is finding its way onto more dinner tables around the world, and it includes all the essential amino acids and is rich in protein, fibre, potassium and phosphorus: mealworms. Eighty per cent of countries around the globe ... ( read original story ...)
Thanks to street rallies, the Birkin bag’s purveyor got prime Hong Kong real estate for a bargain
During the Occupy Central movement in October 2014, the streets of Hong Kong’s central business district were crammed with tens of thousands of demonstrators seeking redress on a range of issues from universal suffrage to protection for the environment. ( read original story ...)
Chinese Mainland, Not Hong Kong, Faces Big Property Bubble, Expert Says
The Chinese mainland faces a bigger property bubble than Hong Kong, reflecting the mainland’s excessive construction, over-borrowing and misalignment of home prices and purchasing power, said Shih Wing-ching, founder of Centaline Property Agency. ( read original story ...)
All Blacks Sevens team for HSBC New Zealand Sevens
Vancouver HSBC World Rugby Sevens Series, April 6-8, 2018: Hong Kong Commonwealth Games, April 13-15, 2018: Gold Coast HSBC World Rugby Sevens Series, April 28-29, 2018: Singapore HSBC World Rugby Sevens Series, June 2-3, 2018: London HSBC World Rugby ... ( read original story ...)
ASIA MARKETS: Hong Kong Stock Market Sinks Below 31,000 On Global Selloff
Social-media major Tencent Holdings, Hong Kong's most valuable company, tumbled 5.9%, heading for its lowest close since Jan. 2. London-headquartered HSBC Holdings lost 3.1% in what could be its worst day in nearly a year. Industrial & Commercial Bank of ... ( read original story ...)
Mealworms on the menu: Hong Kong start-up wants to give you a healthier diet
An alternative source of protein is finding its way onto more dinner tables around the world, and it includes all the essential amino acids and is rich in protein, fibre, potassium and phosphorus: mealworms. Eighty per cent of countries around the globe ... ( read original story ...)
Hong Kong Airlines partners with local chef Gabriel Choy for new Business Class inflight menu
HONG KONG, Feb. 7, 2018 /PRNewswire/ -- Hong Kong Airlines has collaborated with home grown chef Gabriel Choy to offer a range of Western dishes with an Asian twist to its Business Class passengers on all flights departing from Hong Kong.* Born in Hong ... ( read original story ...)
HSBC named world’s top trade bank by Euromoney
In addition to recognizing HSBC as the world’s top trade bank, the survey also named it to be the leading trade bank in Latin America and the Middle East, as well as in 11 countries including the US, UK, UAE, India, Singapore, and Hong Kong. ( read original story ...)
Lunar New Year holiday may start early for schools as Hong Kong’s leader meets experts to discuss fighting flu surge
The Lunar New Year holiday could start early for schoolchildren in Hong Kong as the city’s leader held urgent talks with experts to consider keeping pupils home to stem the surge of flu cases amid a shortage of vaccines. The Centre for Health Protection ... ( read original story ...)