HONG KONG, Nov 23 (Reuters) - Chinese artificial intelligence (AI) start-up SenseTime Group, valued at more than $2 billion, is planning an IPO and aims to open a U.S. research and development centre as early as next year, its founder told Reuters. ( read original story ...)
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 ...)
Trio Industrial Hong Kong IPO Priced At Mid-Point Of Indicative Range
HONG KONG (Nov 22) -- Hong Kong-based electronic components-maker Trio Industrial Electronics Group on Wednesday said its initial public offering was priced at 62 Hong Kong cents apiece, the mid-point of an indicative range. The company offered 250 million ... ( 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 Finance : DISCLOSEABLE TRANSACTION PROVISION OF FINANCIAL ASSISTANCE (in PDF)
repayment of the whole or part of the said Loan after the date of loan drawdown subject to the Borrowers giving HK Finance not less than one calendar month's advance notice in writing Security : An all-money first legal charge and all-money second legal ... ( 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 Finance Group Ltd (1273) Is Yet to See Trading Action on Nov 22
Shares of Hong Kong Finance Group Ltd (HKG:1273) closed at 0.8 yesterday. Hong Kong Finance Group Ltd currently has a total float of 415.00M shares and on average sees 52,267 shares exchange hands each day. The stock now has a 52-week low of 0.75 and high ... ( read original story ...)
Hang Seng smashes through 30,000 barrier for first time in a decade as financial stocks rally
on rallies in shares of Hong Kong Exchanges & Clearing and financial companies. The benchmark rose 0.9 per cent or 269.66 points to 30,087.73 at noon, heading for a fifth consecutive day of gains. The gauge is now about 5 per cent shy of its record close ... ( read original story ...)
Hong Kong shares nearing record high as strong company profits draw Chinese money
Hong Kong stocks surged to within a whisper of an all-time high ... according to a gauge by the Hang Seng Bank which monitors price differences between the two markets. Citic Securities, China’s biggest publicly traded brokerage, said mainland Chinese ... ( 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 ...)
Hang Seng launches three ‘southbound’ Hong Kong Stock Connect indices
It has 275 constituents, the largest of which is Tencent Holdings (11.5%), China Construction Bank (8.1%) and China Mobile (5.3%). The Hang Seng SCHK ex-AH Companies Index tracks companies only listed in Hong Kong, providing relevant benchmarks for ... ( read original story ...)
HSBC Private Bank fined record HK$400 million, as appeals tribunal concludes earlier SFC sanction ‘was correct’
HSBC Private Bank (Suisse) was fined a record HK$400 million (US$51.2 million) on Tuesday by the Securities and Futures Commission, after losing its appeal against a 2015 ruling for misconduct relating to the sale of structured products linked to Lehman ... ( read original story ...)