Hong Kong to push ahead with controversial dual-class shares

Hong Kong is set to allow controversial dual-class shares under rule changes to be proposed by the city's stock exchange as it raises the stakes in its battle against New York for blockbuster Chinese initial public offerings (IPOs). Hong Kong Exchanges and ... ( read original story ...)

LHN Expects To Raise Up To $12.7 Million In Hong Kong IPO

HONG KONG (Dec 15) -- Singapore-listed real estate manager LHN said it expects to raise up to HK$99.1 million ($12.7 million) in an initial public offering on Hong Kong's main board. The real estate management and logistics group with operations in Asia is ... ( read original story ...)

Global IPO activity hits highest level since financial crisis

Martin Steinbach, EY global leader, said: "The outlook appears bright, driven by lower volatility across regions, high valuation levels and a renewed appetite for cross-border IPOs particularly in the US, Hong Kong and London. "The stronger-than-expected ... ( read original story ...)

Hong Kong Targets Next Alibaba in Sweeping Overhaul of IPO Rules

Hong Kong’s stock exchange proposed to let “innovative” companies list in the Chinese enclave with dual-class share structures to avoid losing out on more initial public offerings by technology giants like Alibaba Group Holding Ltd. Allowing shares ... ( read original story ...)

UBS Reshuffles in Hong Kong

The move has several effects: Adeline Chien will become a regional market manager of domestic Hong Kong, while LH Koh advances to regional market manager for domestic Hong Kong and international Japanese clients. The appointment of Humair, Chien ... ( read original story ...)

Bank in cashless app deal

BOC Hong Kong (2388) has joined with Tencent's (0700) Wechat Pay HK to offer users a safe and speedy cashless payment experience. Customers of BOCHK can now link their bank accounts to Wechat accounts, and set up daily transaction limits up to as much as ... ( read original story ...)

Joint financial probe good for reputation of Hong Kong

Law enforcement tends to be more effective when agencies pool their resources and cooperate. Such collaboration is usually prompted by offences involving cross-border activity and money laundering such as terrorism and drug trafficking. But it is relevant ... ( read original story ...)

Hong Kong Regulator Issues Warning on Bitcoin Futures

A Hong Kong finance regulator has published a new circular on bitcoin futures and other cryptocurrency-related investment products. Released by the Securities and Futures Commission (SFC) of Hong Kong on Dec. 11, the circular states that only licensed ... ( read original story ...)