Tag: ipo

Banks were firm, with HSBC Holdings edging up 0.2 per cent to HK$76.25, China Construction Bank Corp up 0.1 per cent to HK$6.65 and China Merchants Bank adding 0.5 per cent to HK$29.65. However, property stocks continued to drop, with Country Garden ... ( read original story ...)

After a tumultuous year for Deutsche Bank, it is now expanding its relationship manager (RM) team in Hong Kong and Singapore. Last year the Asian offices of the wealth management firm at Deutsche Bank suffered massive blows when Ravi Raju, its Asian ... ( read original story ...)

HONG KONG (Reuters) - HSBC (HKSE:0005.HK - News)(LSE:HSBA.L - News) said on Friday that it had expanded its Asian research team by hiring 15 analysts following the launch of HSBC Qianhai Securities, the first Chinese securities joint venture to be majority ... ( read original story ...)

Goldman Sachs Group Inc. has nearly vanished from the Hong Kong IPO scene this year. The Wall Street bank has worked on only one completed listing in the city this year, Guotai Junan Securities Co.’s $2.2 billion share sale in March, data compiled by ... ( read original story ...)

Two executive directors of Hong Kong financial services firm Convoy Global Holdings have been put under investigation by the city’s anti-graft body, the company said on Thursday, confirming media reports that had sent its shares down 7 per cent and ... ( read original story ...)

Shares in financial firm Convoy Global Holdings were suspended from trading on the Hong Kong stock market on Thursday morning after they fell seven per cent following media reports that one of its senior executives may be facing an investigation by the ... ( read original story ...)

... Hong Kong this year of people being hired from the Hong Kong Monetary Authority and Securities and Futures Commission, in particular from their enforcement, intermediary supervision, and banking conduct teams,” says Richard Fennelly, a director at ... ( read original story ...)

HSBC will seek the input of Hong Kong’s two utility firms to find “creative” ways to meet its ambitious target of sourcing 90 per cent of its energy needs from renewable sources by 2025 and 100 per cent in 2030, according to its head of sustainable ... ( read original story ...)

China’s Ping An Insurance has acquired a 5% stake in HSBC Holdings, becoming the second-biggest shareholder of Europe’s largest bank, according to the insurer’s regulatory filing on Wednesday. Ping An’s filing to the Hong Kong Stock Exchange ... ( read original story ...)

Hong Kong is on track to lose its much-coveted crown as the world’s top initial public offering (IPO) market as the year draws to a close, with latest figures showing total funds raised here have dropped 48 per cent compared with 12 months ago, leaving ... ( read original story ...)

A finance company director who took six years to admit that he killed his mistress and dumped her body in a rubbish trolley parked outside a Hong Kong village was sentenced to life in prison on Tuesday after he was found guilty of murder for the second time. ( read original story ...)

A finance company director who took six years to admit that he killed his mistress and dumped her body in a rubbish trolley parked outside a Hong Kong village was found guilty of murder on Tuesday. A High Court jury of six men and one woman returned a 6-1 ... ( read original story ...)

A share offering this week of up to HK$2.32 billion (US$297 million) by China’s Hebei Construction will be the first listing in Hong Kong of a company linked to Beijing’s ambitious Xiongan special economic zone project. Xiongan New Area, established in ... ( read original story ...)

The Hong Kong initial public offerings of Nissin Foods and Shandong International Trust (SIT) this week have received less investor enthusiasm than previous tech and internet share offerings, raising fears that the recent IPO fever has peaked. Nissin Foods ... ( read original story ...)