Hong Kong stocks set to open lower after Wall Street retreat

Hong Kong stocks are expected to open lower on Tuesday morning as futures in the city traded lower after the US market retreated from record highs reached late last week. Hang Seng Index futures were down 0.12 per cent or 30 points to 25,635 in the pre ... ( read original story ...)

Flat buyers in for a rude awakening, Hong Kong officials warn

Hong Kong’s top financial officials on Monday issued their strongest warning yet to homebuyers about escalating risks in the “exuberant” market, revealing that prices were now nearly 90 per cent above their peak in 1997. Principal government ... ( read original story ...)

Guangzhou Rural Bank launches up to $1.1 billion Hong Kong IPO

HONG KONG Guangzhou Rural Commercial Bank Co Ltd (GRCB) launched a Hong Kong initial public offering worth as much as $1.1 billion on Monday, seeking funds for potential M&A and to open new branches as it expands its lending and investment businesses. ( read original story ...)

Guangzhou Rural launches up to $1.1 bln Hong Kong IPO -IFR

HONG KONG, June 5 (Reuters) - Guangzhou Rural Commercial Bank Co Ltd (GRCB) launched a Hong Kong initial public offering worth up to $1.1 billion on Monday, IFR reported, citing a term sheet of the transaction sent to investors. The IPO, which will raise ... ( read original story ...)