Tag: ipo

Hong Kong’s government has announced a bill to boost oversight of auditors of listed companies after a string of incidents last year in which some saw their share prices fall as much as 94 per cent in a single day. Secretary for financial services James ... ( read original story ...)

China CITIC Bank International strengthens HR team Vinci Yau was appointed ... She started her career in human resources in 2009 with Hay Group in India. Promotion at The Hongkong and Shanghai Hotels Celia Cheung was promoted from manager, HRIS to ... ( read original story ...)

Financial Secretary Paul Chan warned last year of a “dangerous situation” in property. Yet, many factors suggest that, despite Hong Kong’s link to U.S. monetary policy via a pegged exchange rate, rising rates alone won’t kill off the property boom ... ( read original story ...)

The top gainer on Hang Seng was Industrial and Commercial Bank of China Ltd up 3.6 per cent. Hong Kong stocks rose to a fresh peak on Thursday, led by telecommunications and financial firms. The China Enterprises index HSCE, which tracks major Chinese firm ... ( read original story ...)

Discover Global Network, the payments brand of Discover Financial Services, will expand card acceptance at key merchants in Hong Kong by working with First Data and JCB International, the international operations subsidiary of JCB Co., Ltd. (referred to ... ( read original story ...)

A regional department head at HSBC in Hong Kong has just joined a Chinese financial giant in an even more senior role. https://news.efinancialcareers.com/sg-en/305691/chinese-vs-western-banks/ One of the most senior risk managers in Hong Kong financial ... ( read original story ...)

Hong Kong has been coined a “super connector” between the mainland and the world owing to its geological advantages and significant strategic positioning, Chinanews.com reported Tuesday at the 2018 Asian Financial Forum (AFF) in Hong Kong. Hong Kong ... ( read original story ...)

Doing so would help the sector maintain its competitive edge in the area that covers Hong Kong, Macau and nine Guangdong cities in the Pearl River Delta, Ginger Cheng, the China head of large and mid-cap corporates at Singapore’s DBS Bank told the Asian ... ( read original story ...)

Financial technology giant Finastra launched a “centre of excellence” focusing on the future of banking in Hong Kong’s Cyberport on Tuesday. Robert Smith, the chief executive of Finastra’s parent, private equity fund Vista, said the new centre ... ( read original story ...)

Hong Kong’s benchmark stock index rose 1.8 per cent to close at a historical high, on optimism the city’s stock exchange will see a flurry of initial public offerings from June that will help it regain its crown as the world’s favourite destination ... ( read original story ...)

"The nickname for the Hang Seng is now the Tencent index." Share prices have also been buoyed by renewed optimism over the Chinese economy, and a torrent of money from mainland China flowing into big stocks like bank HSBC (FTRXX), Wong said. Hong Kong ... ( read original story ...)

HONG KONG (Reuters) - China's largest online wealth management platform, Shanghai Lujiazui International Financial Asset Exchange, or Lufax, is seeking a valuation of $60 billion with its April initial public offering in Hong Kong, the South China Morning ... ( read original story ...)

Hong Kong ended 2017 placing third in the global IPO race. That’s the first time in three years that the city lost its coveted fundraising top spot to New York — and the first time ever to fall behind Shanghai. But early forecasts suggest it may ... ( read original story ...)

Hong Kong was surpassed last year by New York and Shanghai as the world’s largest destination for IPOs. The stock market operator and regulator pushed through an overhaul of the exchange’s listing regulations last year to make Hong Kong a more ... ( read original story ...)