Tag: ipo

Hong Kong may have won its first battle to attract more technology listings by revamping its IPO rules, with Chinese smartphone giant Xiaomi seen choosing the city over New York. Xiaomi’s listing could be as much as US$16.5 billion, making it the biggest ... ( read original story ...)

Ping An Healthcare and Technology, China’s largest health care and online medical platform, has been accepted by the Hong Kong stock exchange for an initial public offering (IPO), despite making hefty losses for the past two years. The company’s ... ( read original story ...)

Xiaomi, the Chinese smartphone maker, is said to be aiming for an initial public offering (IPO) in Hong Kong in September to raise funds as it embarks on a global expansion drive. The Beijing-based company has appointed Credit Suisse, Deutsche Bank ... ( read original story ...)

Its biggest win and breakthrough came in 2014 when China's e-commerce giant Alibaba snubbed the Hong Kong Stock Exchange and chose to list on the big board. Alibaba's $25 billion IPO ranks as the largest in history. Typically, New York has offered higher ... ( read original story ...)

As hiring in Singapore and Hong Kong heats up this bonus season, we reveal which city has the most banking jobs across nine key functions. https://news.efinancialcareers.com/sg-en/306704/hiring-asian-banking-chinese-new-year/ If you’re looking for a ... ( read original story ...)

Bosses at Bank of China Hong Kong said on Tuesday they expected to bring finger vein identification to all of the company’s ATMs across the city, claiming the feature to be more secure than facial recognition. The bank – the first to use the new ... ( read original story ...)

Ping An Healthcare and Technology Co. Ltd. looks set to be the first of four affiliates of Ping An Insurance Group to be spun off from the insurance giant this year. The Hong Kong Stock Exchange has given the go-ahead for the separate listing, Ping An ... ( read original story ...)

The top gainers among H-shares were China Merchants Bank Co Ltd up 2.04 percent ... trading at a premium of 27.68 percent over the Hong Kong-listed H-shares. ** The price-to-earnings ratio of the Hang Seng index was 15.05 as of the last full trading ... ( read original story ...)

Ping An Insurance said on Monday evening that it has got the go-ahead from the Hong Kong exchange to list its health care technology unit on the main board. “The stock exchange has confirmed that the company may proceed with the proposed spin-off and ... ( read original story ...)

HSI financial sector sub-index is 0.7 percent lower; property sector down 0.9 percent Jan 29 (Reuters) - Hong Kong’s Hang Seng Index fell on Monday ... The top gainers among H-shares were Postal Savings Bank of China Co Ltd up 5.03 percent, followed ... ( read original story ...)

HONG KONG, Jan 29 (Reuters) - China property developer Agile Group Holdings Ltd said it was looking to list its property management unit on the main board in Hong Kong, raising up to HK$4.7 billion ($600 million) to fund investments, acquisitions and ... ( read original story ...)

Meanwhile, Hong Kong stocks look “somewhat on the pricey side,” said Johan Jooste, chief investment officer at Bank of Singapore, in a news conference last week. The Hang Seng trades with a forward price-to-earnings ratio of 13.4, according to data ... ( read original story ...)

Hong Kong: The world’s most volatile new stocks are vanishing from Hong Kong after regulators tightened oversight of the city’s small-cap Growth Enterprise Market. Stocks debuting on GEM in the past 12 months rose an average 23% on their first day of ... ( read original story ...)

BOC Hong Kong collected 0.84 percent, Sands China shed 0.82 percent, Industrial and Commercial Bank of China lost 0.68 percent, New World Development slid 0.48 percent, AIA Group fell 0.22 percent, Hong Kong & China Gas dipped 0.13 percent and Power Asset ... ( read original story ...)