After two consecutive years in the top spot, Hong Kong is poised to lose its much-coveted title as the world's leading venue for initial public offerings (IPOs) this year, following a drop in the number of blockbuster listings. Though the number of IPOs in ... ( read original story ...)
With IPO, Nissin prepped to push premium noodles in China
And so the maker of instant and frozen noodles has listed Nissin Foods Co. on the Hong Kong stock exchange, marking the first-ever initial public offering by one of the group's overseas subsidiaries. The Monday IPO brought in some 950 million Hong Kong ... ( read original story ...)
Will Hong Kong lose its IPO crown?
Ronald Wan of Partners Capital International says Hong Kong's position as an IPO destination will be threatened as companies choose to list in Shanghai or New York. ( read original story ...)
Chinese IPO shares worst performers despite record year
... of companies getting listed on the mainland suggests more is being done to lure potential unicorns away from IPOs in the U.S. or Hong Kong. However, a poor stock market performance suggests investors are not convinced. CSRC move to slow down ... ( read original story ...)
Hong Kong Home Prices Expected to Soar in 2018
Mass and luxury residential home prices in Hong Kong surged 14.4% and 15.3% respectively, in 2017, according to a report released by global real estate consultancy JLL on Monday. The report forecasts that home prices in the red-hot property market are ... ( read original story ...)
HSBC, Citi or Stan Chart: where should you send your CV in Hong Kong?
https://news.efinancialcareers.com/sg-en/303340/quit-hong-kong-ibd-for-trading/ Citi, HSBC and Standard Chartered: they are three of the Western commercial banks most entrenched in Hong Kong. The latter two are even deemed so important to the city’s ... ( read original story ...)
Worries Grow In Hong Kong As China Pushes Its Official Version Of History In Schools
The last time China pressured Hong Kong to scrap its curriculum in favor of one developed by China's Communist Party-led government, tens of thousands marched through the city chanting, "Down with national education!" It was the summer of 2012, and the ... ( read original story ...)
Hong Kong court has no say in ‘appropriateness’ of charge in Singapore military vehicle case: prosecutors
The defence’s attempt to quash the Hong Kong government’s case against a shipmaster and shipping firm accused of illegally importing nine Singaporean military vehicles into Hong Kong last year was rebuffed by prosecutors on Monday, at a preliminary ... ( read original story ...)
Hong Kong court has no authority to determine if charge in Terrex case is appropriate, say prosecutors
Hong Kong’s District Court has no authority to determine the appropriateness of the charge brought by the city’s justice minister against a shipmaster and shipping company for unlicensed transportation of nine Singaporean military vehicles last year ... ( read original story ...)
Commentary: How China Became a Digital Leader
Kevin Wei Wang is a McKinsey senior partner based in Hong Kong. Sign up now to receive FORTUNE's best content, special offers, and much more. ( read original story ...)
Hong Kong activist fund tells Toshiba chip unit sale to Bain group not necessary
TOKYO (Reuters) - A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit sale to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a ... ( read original story ...)
Hong Kong’s IPO Indigestion
Nisha Gopalan is a Bloomberg Gadfly columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. Not tech, not interested. That seems to be the mantra of investors in Hong Kong as an ... ( read original story ...)
Centurion prices Hong Kong IPO shares at HK$3.18; deal 4.1 times subscribed
SINGAPORE - Dormitory developer Centurion Corp has priced its secondary-listing offer in Hong Kong at HK$3.18 per share, near the mid-point of price talk between HK$3 and HK$3.30. The 36-million-share offering was 4.1 times subscribed, based on ... ( read original story ...)
HONG KONG PRESS: News Headlines On Monday, December 11
China found some local governments inflated revenue levels and raised debt illegally in a nationwide audit, a setback for Beijing in its bid to boost the credibility of economic data after a run of scandals. Ten cities, counties or districts in the Yunnan ... ( read original story ...)