Tag: ipo

HONG KONG: Chinese smartphone maker Xiaomi Inc has told bankers ... which one source said would make a $100 billion valuation at IPO look "reasonable". A spokeswoman for Xiaomi - that is expected to soon mandate its leading banks for an IPO - confirmed ... ( read original story ...)

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has told ... which one source said would make a $100 billion IPO price tag look “reasonable”. A spokeswoman for Xiaomi - that is likely to soon mandate its leading banks for an IPO - confirmed ... ( read original story ...)

Hong Kong’s stock exchange has unveiled the biggest overhaul of its listing rules and procedures in recent decades, giving it a better shot at accommodating the next Alibaba. Biotechnology firms, companies with multiple classes of shares, and technology ... ( read original story ...)

HONG KONG (Dec 19) -- AK Medical Holdings on Tuesday said its initial public offering in Hong Kong was priced at HK$1.75 a share, near the bottom end of an indicative range. The Chinese medical device maker raised gross proceeds of about HK$437.5 million ... ( read original story ...)

WITH reports indicating that Hong Kong is on the verge of losing its IPO (initial public offering) title this year, the Hong Kong Stock Exchange (HKEX) recently announced plans to introduce new rules for biotech issuers and issuers from emerging and ... ( read original story ...)

History of financial centres has been a long drawn one and is one of the most interesting aspects of finance. How and why global financial activities cluster in a few places across the world? It is a combination of both political, economic and geographic ... ( read original story ...)

iPhone screen maker plans US$1.iPhone screen maker plans US$1.5bn Hong Kong IPO in 2018REUTERS | December 18, 2017, 12:31 IST HONG KONG: Biel Crystal Manufactory, the biggest cover-glass maker for iPhones, plans to raise about US$1.5bn from a Hong Kong IPO ... ( read original story ...)

China-based Ruifeng Power Group is to sell around HK$302 million worth of shares in a Hong Kong IPO, issuing 180 million shares, priced from HK$1.6 to HK$1.68 each. A 2,000-share lot will cost HK$3,393.Most of proceeds are intended for its manufacturing ... ( read original story ...)

Hong Kong’s trajectory illustrates the power big companies wield as competition among exchanges for the hottest IPOs intensifies, said Martin Wheatley, the former head of the SFC in Hong Kong and the U.K.’s Financial Conduct Authority, in an interview ... ( read original story ...)

“Hang Seng Bank’s net interest margin and fees trajectory are quite predictable and should show very strong earnings in the fourth quarter. Bank of China Hong Kong, on the other hand, has much more NIM [net interest margin] volatility (given aggressive ... ( read original story ...)

Volunteers from a Hong Kong financial services company received a warm welcome ... each led by volunteers from Hang Seng Bank. After hesitant starts, the young players steadily gained confidence, encouraged by their new adult teammates. ( read original story ...)

HONG KONG (Nikkei Markets) -- Hong Kong shares rose by midday on Thursday, outperforming most other regional markets, as financial sector heavyweights advanced. The yield on 10-year U.S. government bonds traded near a nine-month high after the House of ... ( read original story ...)

HONG KONG (Dec 21) -- Hong Kong shares rose by midday on Thursday, outperforming most other regional markets, as financial sector heavyweights advanced. The Hang Seng Index was up 0.5% to 29,378.70 by the noon break. Global financial companies listed in ... ( read original story ...)

Alibaba, which owns the South China Morning Post, eventually listed in New York, which allows dual-class share structures while Hong Kong has banned these since the mid-1980s. Ant Financial is an affiliate of Alibaba. The stock exchange in 2015 proposed to ... ( read original story ...)