Mainland Chinese financial technology company 9F Group has teamed up with local and international firms to apply for a virtual banking licence in Hong Kong. The company, set up in Beijing in 2006 by f... ( read original story ...)
China’s Top Hotpot Chain Attracts Hillhouse to $963 Million IPO
Haidilao International Holding Ltd., China’s biggest hotpot restaurant chain, is seeking to raise as much as $963 million in a Hong Kong initial public offering. The Beijing-based firm is offering 424 ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) jitters over a potentially severe escalation in the U.S.-China trade war
The last signal was a sell 2 period(s) ago. Rex Takasugi – TD Profile HANG SENG INDEX closed down -1.350 at 26,973.471. Volume was 56% above average (neutral) and Bollinger Bands were 9% narrower than ... ( read original story ...)
Online insurance start-up OneDegree raises HK$200 million to fund push to cover Hong Kong’s dogs and cats
Home-grown online pet insurer OneDegree has raised HK$200 million (US$25.5 million) from a number of investors to finance its plan to offer insurance cover to more than half a million dogs and cats in ... ( read original story ...)
China’s Meituan Dianping confirms $4.4 billion Hong Kong IPO
China's Meituan Dianping, an online food delivery-to-ticketing services platform, set an indicative price range of HK$60 to HK$72 ($7.6-$9.2) per share for its IPO, valuing itself at up to $55 billion ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Slide as Tariff Threat Builds
China’s Shanghai Composite index fell as much as 1.68 percent to 2,704.34 while Hong Kong’s Hang Seng index plunged 2.61 percent to end at 27,243.85. Activity in China’s services sector continued to e... ( read original story ...)
China’s Meituan Dianping to focus on domestic market after $4.4 billion Hong Kong IPO
HONG KONG (Reuters) - China’s Meituan Dianping, an online food delivery-to-ticketing services platform, confirmed it had filed for an up to $4.4 billion (3.4 billion pounds) Hong Kong IPO and ... ( read original story ...)
Hong Kong now has more super rich people than any other city
The firm said the rise in the number of ultra rich in Hong Kong was propelled by its booming stock market and growing financial links with the broader Chinese economy. China's rapid economic ... ( read original story ...)
Biscuit maker co-founded by former Miss Hong Kong applies for IPO, plans to expand to Canada and Taiwan
Hong Kong biscuit producer Cookies Quartet, co-founded by a former Miss Hong Kong, has applied for an initial public offering in the city. Co-founded by Miss Hong Kong 1985 Tse Ning, food and lifestyl... ( read original story ...)
Operator of China’s top movie ticketing app seeks up to $1 billion in Hong Kong IPO: sources
HONG KONG (Reuters) - China’s top movie ticketing platform, Maoyan Weying, has filed for a Hong Kong listing in which it aims to raise between $500 million and $1 billion, according to two people fami... ( read original story ...)
BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (OTCMKTS:BNKHF) Reports Decline in Sellers; Strong Momentum for Longs
The stock of BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (OTCMKTS:BNKHF) registered a decrease of 47.72% in short interest. BNKHF’s total short interest was 2.40M shares in September as published by FINR... ( read original story ...)
Hong Kong Stocks Head for Biggest Drop in Month as Tencent Falls
"The trade issue between China and the U.S. is still the major factor affecting the market," said Sam Chi Yung, a Hong Kong based strategist with South China Financial Holdings Ltd. Tech shares remain ... ( read original story ...)
HSBC – Innovative Business Exchange
In the age of innovation, businesses in Hong Kong look to thrive through the changes and stay ahead of the trend. That’s why we strive to push the innovation boundary together with our customers. HSBC ... ( read original story ...)
Financial lawmaker tells MPF members: bail out of Hong Kong stocks
The 2.8 million employees paying into Hong Kong’s Mandatory Provident Fund (MPF) have seen their pension pot values thumped if they were heavily invested in stocks listed in the city – and included in ... ( read original story ...)