The rapid development of fintech solutions for fund management and distribution in mainland China contrasts with the traditional approach maintained by many fund managers in Hong Kong. While the city is bidding to become a fintech hub, asset managers ... ( read original story ...)
China stocks slip as blue chips take a breather; Hong Kong also down
Most sectors lost ground in the morning, with real estate and material shares leading the decline, while gains were seen in banking plays. Hong Kong's benchmark Hang Seng index was marginally lower at 26,816.93 around mid-day as losses in energy and telco ... ( read original story ...)
Airline Review: Virgin Australia business class, Melbourne to Hong Kong
Your choice of rewards program + complimentary insurance covers. Reduced annual card fee 1st year. With Qantas Rewards get 2 complimentary Qantas Lounge invitations per year. Priority Pass airport lounge access if you choose Altitude Rewards. New cards only. ( read original story ...)
IPO Backed by Morgan Stanley and One of Asia’s Richest Men Gets Denied
Hong Kong’s stock exchange has rejected the application for a ... The exchange in June sent back the IPO application of AMTD Strategic Capital Group, which was filed the previous month, deeming it to be “substantially incomplete” without elaborating ... ( read original story ...)
Brushing off bank worries, HNA taps Goldman for unit Pactera’s IPO: sources
HONG KONG (Reuters) - HNA Group, the Chinese airline-to-banking ... One of the sources said Pactera could see a $200 million pre-IPO funding round close in the third quarter, adding Goldman bankers had spoken to several Chinese institutional investors. ( read original story ...)
Kettle company Strix plans £190mln flotation on London’s AIM
Strix Group plc, the maker of kettle safety controls and water temperature components, is planning an initial public offering on London's junior market ... Strix, which has manufacturing operations in the UK , Hong Kong and China, last year reported ... ( read original story ...)
China’s HNA taps Goldman for planned Pactera U.S. IPO: sources
HONG KONG (Reuters) - HNA Group, the Chinese airline-to-banking ... One of the sources said Pactera could see a $200 million pre-IPO funding round close in the third quarter, adding Goldman bankers had spoken to Chinese institutional investors. ( read original story ...)
China’s HNA Taps Goldman Fоr Planned Pactera U.S. IPO: Sоurces
HONG KONG (Reuters) – HNA Group ... One оf thе sources said Pactera could see a $200 million pre-IPO funding round close in thе third quarter, adding Goldman bankers had spoken tо Chinese institutional investors. Some global private equitу firms ... ( read original story ...)
Chinese solar firm Hanergy returns to the fray with factory deal
In its 2015 IPO prospectus, Hong Kong-listed Bank of Jinzhou revealed that it had $440m in exposure to Hanergy debt. In a series of reports before the 2015 crash, the Financial Times detailed Hanergy’s reliance on shadow financing and the unusual ... ( read original story ...)
Go Public or Stay Private? 5 Unfiltered Growth Lessons From Trivago’s CEO
It’s a business model that’s remained largely unchanged throughout the years, even as Expedia, Inc. acquired a stake in Trivago in 2012, and even when Trivago had its initial public offering (IPO ... RISE Conference in Hong Kong last July 11 to ... ( read original story ...)
Investment banking in Singapore is awful. I wish I were working for a start-up
And listings, especially, have suffered a lot in Singapore compared with when I joined the industry – we no longer have a steady stream of IPOs. Chinese firms are exiting the SGX and generally prefer to list in Hong Kong. Looking ahead, it’s hard to ... ( read original story ...)
Hong Kong programme hopes to unearth next fintech blockbuster
Ten technology start-ups, including companies from Hong Kong, South Korea, Singapore and the United States, aim to introduce innovation that could help financial institutions in the Asia-Pacific improve their efficiency, bolster cybersecurity and offer ... ( read original story ...)
Joint Hong Kong-mainland China checkpoint given go-ahead despite legal fears
National laws will be enforced on Hong Kong’s soil for the first time under a controversial plan approved by the city’s government on Tuesday to lease to mainland authorities a quarter of the West Kowloon terminus of the high-speed rail link to ... ( read original story ...)
Hong Kong to allow Chinese law in new bullet train station
Construction crews work on the West Kowloon Terminus of the Hong Kong-Guangzhou high-speed rail section in Hong Kong, China, on July 25, 2017. EPA/JEROME FAVRE Construction crews work on the West Kowloon Terminus of the Hong Kong-Guangzhou high-speed rail ... ( read original story ...)