China’s SenseTime plans IPO, aims to open R&D centre in US

HONG KONG, Nov 23 (Reuters) - Chinese artificial intelligence start-up SenseTime Group is planning an initial public offering (IPO) and aims to open a research and development (R&D) centre in the United States as early as next year, its founder told ... ( read original story ...)

Hong Kong’s $163B IPO Bonanza

Nov.19 -- The allure of stocks backed by big names has helped Hong Kong experience its biggest retail investor frenzy since 2009. Data compiled by Bloomberg show that buyers placed orders for $163B worth of equity IPOs so far this year. Bloomberg's Crystal ... ( read original story ...)

HSBC fined record $69m over Lehman-linked sales

HONG KONG • HSBC Holdings' private-banking unit was fined a record HK$400 million (S$69.2 million) over sales of structured products linked to Lehman Brothers Holdings in Hong Kong. HSBC Private Bank (Suisse) will have its licence to advise on securities ... ( read original story ...)

Hong Kong – The Future of Foodservice to 2021

Read the full report: https://www.reportlinker.com/p05206724 Hong Kong is one of the world's largest financial centers, and the city's economy has seen strong growth in the last five years, driven by a dynamic service sector with an emphasis on finance ... ( read original story ...)

Hong Kong’s Hang Seng Index Rises Above 30,000 to Decade-High

Goldman Sachs, Bocom expect the rally to continue for now Hong Kong’s benchmark equity gauge rose above the 30,000 level for the first time in a decade as Tencent Holdings Ltd. extended its rally and Chinese financial shares climbed. The Hang Seng Index ... ( read original story ...)

Tencent links up in BOCHK pay push

BOC Hong Kong (2388), a unit of Bank of China, will reportedly team up with Internet giant Tencent Holdings (0700) to introduce a new cross-border digital wallet. The bank's digital wallet will directly connect with Tencent's flagship WeChat Pay. ( read original story ...)