Tag: ipo

China’s central bank can provide U.S. dollars to back Hong Kong’s currency peg should the Trump administration impose sanctions on the territory, according to the city’s financial chief. ( read original story ...)

Warner Music Group Inc. delayed the pricing of its initial public offering until Wednesday to avoid the shares being sold on a day the music industry set aside to support protests against police ... ( read original story ...)

If there were a geopolitical seismometer in the boardroom of HSBC, the needle would be thrashing around like bamboo in a typhoon. The tremors have been coming thick and fast in the past few days for ... ( read original story ...)

NetEase Inc. has started taking investor orders for a listing in Hong Kong that could raise as much as $2.8 billion, which could be the world’s second-largest initial share sale this year. ( read original story ...)

Beijing is weighing the risk of US financial sanctions, including being cut off from the dollar payment system, after pushing ahead with the Hong Kong security law. ( read original story ...)

Hong Kong will keep pegging its currency to the U.S. dollar and not impose foreign exchange controls even after the United States ... ( read original story ...)

UCloudlink (UCL) has filed to raise $50 million in an IPO of its ADSs representing underlying Class A shares, per an amended registration statement. The company provides mobile data sharing options to ... ( read original story ...)

China Youran Dairy Holding Ltd. is working with advisers to raise between $300 million and $400 million in a new funding round before its potential initial public offering, according to people ... ( read original story ...)

Hong Kong-listed chip-maker Semiconductor Manufacturing International Corp aims to raise about 20 billion yuan ($2.80 billion) selling shares in Shanghai, the company said in a prospectus on Monday. ( read original story ...)

NetEase, Inc. (NASDAQ: NTES) ("NetEase" or "the Company") today announced the launch of its Hong Kong Public Offering, which forms part of the Global Offering (the "Offering") of 171,480,000 new ordin ... ( read original story ...)

A former Singapore police officer, Derrick Tan readily admits he is not a tech-savvy guy.The Bank of Singapore's Hong Kong chief executive previously relied on a gaggle of information technology staff ... ( read original story ...)

Hong Kong's finance secretary Paul Chan added that capital will continue to flow freely in and out of Hong Kong. ( read original story ...)

The mouthpiece of China's ruling Communist Party said U.S. moves to end some trading privileges for Hong Kong "grossly interfere" in China's internal affairs and are "doomed to fail." ... ( read original story ...)

Bankers and investors fear China's push to impose national security laws on Hong Kong threaten the city's future as an international financial centre. If it gets to that stage, Beijing's move will ... ( read original story ...)