Tag: ipo

Chinese technology group NetEase is set to become the next major mainland company to sell its shares in Hong Kong, two sources familiar with the matter said, in a secondary listing that one media ... ( read original story ...)

Prior to the outbreak of COVID-19, Hong Kong had been experiencing the first ongoing recession in 10 years, due largely to the U.S.-China trade war and the fierce anti-government protests that have ... ( read original story ...)

Hong Kong's retail sales fell by 42% in March from a year earlier, as travel restrictions kept tourists away and most residents steered clear of shops and restaurants for fear of catching the ... ( read original story ...)

Initial public offerings are picking up the pace in Hong Kong after two wildly successful biotech listings improved sentiment in the financial hub. ( read original story ...)

Kingsoft Cloud, the Xiaomi-backed cloud services company, is testing US investor appetite for Chinese public offerings on the heels of the Luckin Coffee scandal with a listing that could raise more ... ( read original story ...)

The economy is crashing like never before, yet Hong Kong’s interest rates are expected to stay relatively elevated. That’s bad news for pretty much everyone apart from those betting on prolonged ... ( read original story ...)

Hong Kong's recession deepened in the first quarter as the coronavirus pandemic dealt a heavy blow to business activity, already in decline following months of often violent anti-government protest ... ( read original story ...)

The economy is crashing like never before, yet Hong Kong’s interest rates are expected to stay relatively elevated. That’s bad news for pretty much everyone apart from those betting on prolonged ... ( read original story ...)

Stocks in Australia were set to trade higher at the open on Tuesday, with major markets in Asia closed for holidays. ( read original story ...)

KC has produced strong revenue growth but no significant gross profit and continues to generate large operating losses and operational cash burn. ( read original story ...)

Hong Kong's Exchange Fund suffered losses of HK$86.1 billion ($11.11 billion) in the first quarter of 2020, central bank Hong Kong Monetary Authority told local lawmakers in a regular briefing on ... ( read original story ...)

Kingsoft Cloud Holdings aims to raise $425 million in a U.S. IPO. The company provides a range of software and services to assist Asia-based enterprises in tran ... ( read original story ...)

HSBC Holdings PLC said on Monday its insurance unit had agreed to acquire its China life insurance venture partner's 50% stake to own fully the company under the new rules on foreign ownership that ... ( read original story ...)

Hong Kong's recession deepened in the first quarter as the coronavirus pandemic dealt a heavy blow to business activity, already in decline following months of often violent anti-government protest ... ( read original story ...)