Techs, financials help Hong Kong shares rise for third day

HONG KONG (Nikkei Markets) -- Hong Kong shares rose for a third day, helped by an extended rebound in technology companies and gains in financial heavyweights amid expectations that U.S. interest rates are poised to rise. The Hang Seng Index added 1.1% at ... ( read original story ...)

Hong Kong stocks rally, aided by services and financial firms

Dec 13 (Reuters) - Hong Kong stocks rebounded on Wednesday, underpinned by services and financial firms. ** At close of trade, the Hang Seng index was up 428.22 points or 1.49 percent at 29,222.10. The Hang Seng China Enterprises index rose 1.83 percent to ... ( read original story ...)

Tencent leads Hang Seng lower ahead of likely U.S. rate hike

The top gainers among H-shares were PetroChina Co Ltd up 1.17 percent, followed by Industrial and Commercial Bank of China Ltd ... 30.90 percent over the Hong Kong-listed H-shares. ** The price-to-earnings ratio of the Hang Seng index was 13.21 as of ... ( read original story ...)

HK set to lose top IPO status

Accounting giant KPMG China said yesterday that Hong Kong will lose its top spot among IPO markets in 2017 as it is expected to raise just HK$130 billion by the end of the year, the lowest amount since 2012.The performance represents a 33 percent drop from ... ( read original story ...)

NY steals HK’s IPO crown

After two consecutive years in the top spot, Hong Kong is poised to lose its much-coveted title as the world's leading venue for initial public offerings (IPOs) this year, following a drop in the number of blockbuster listings. Though the number of IPOs in ... ( read original story ...)

With IPO, Nissin prepped to push premium noodles in China

And so the maker of instant and frozen noodles has listed Nissin Foods Co. on the Hong Kong stock exchange, marking the first-ever initial public offering by one of the group's overseas subsidiaries. The Monday IPO brought in some 950 million Hong Kong ... ( read original story ...)

Will Hong Kong lose its IPO crown?

Ronald Wan of Partners Capital International says Hong Kong's position as an IPO destination will be threatened as companies choose to list in Shanghai or New York. ( read original story ...)

Chinese IPO shares worst performers despite record year

... of companies getting listed on the mainland suggests more is being done to lure potential unicorns away from IPOs in the U.S. or Hong Kong. However, a poor stock market performance suggests investors are not convinced. CSRC move to slow down ... ( read original story ...)

Hong Kong’s IPO Indigestion

Nisha Gopalan is a Bloomberg Gadfly columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. Not tech, not interested. That seems to be the mantra of investors in Hong Kong as an ... ( read original story ...)