Tag: ipo

How to make HK$700,000 ($90,000) in one day? It’s not as hard as you might think: More than 250 investors just did exactly that by buying into China Literature Ltd.’s initial public offering. IPOs are hot again in Hong Kong, underpinned by the ... ( read original story ...)

Hong Kong is looking into building a trade-financing system using blockchain technology, a senior official said. Blockchain, the decentralized encryption technology behind cryptocurrencies, could provide “great benefits” to trade finance in countries ... ( read original story ...)

Razer Inc. climbed 18 percent in its Hong Kong coming-out party, as the maker of gaming laptops and accessories rode red-hot demand for first-time technology share sales this year. Razer, backed by Singapore’s sovereign wealth fund and Hong Kong ... ( read original story ...)

Shares in Razer, the gaming hardware maker backed by Intel and Hong Kong’s wealthiest man Li Ka-shing, rose 18 per cent in debut trading in Hong Kong on Monday, after receiving an oversubscription of 290 times for its public offering, one of this year ... ( read original story ...)

Razer has continued a winning streak of IPOs from Asian companies after its share price surged as much as 41 percent up on its first day of trading on the Hong Kong Stock Exchange. The company, which makes accessories for PC gamers, laptops and is ... ( read original story ...)

Gaming hardware company Razer saw its stock jump around 40 percent in its debut on the Hong Kong Exchange on Monday. The company, backed by Hong Kong tycoon Li Ka-shing, pricedits initial public offering at HK$3.88 ($0.50) a share, it said in a filing on ... ( read original story ...)

Shares in Razer, the gaming hardware maker backed by Intel and Hong Kong’s wealthiest man Li Ka-shing, rose 23 per cent in debut trading in Hong Kong on Monday, after receiving an oversubscription of 290 times for its public offering, one of this year ... ( read original story ...)

HONG KONG (Nikkei Markets) -- Shares of San Francisco-headquartered Razer jumped as much as 41% in early trading on Monday as the gaming-hardware maker made its trading debut in Hong Kong after raising HK$4.13 billion ($530 million) in an initial public ... ( read original story ...)

China’s decision to remove foreign ownership restrictions on financial firms within five years has been welcomed by Hong Kong’s government, but many in the local financial industry believe the change will has come too late to be of much benefit to the ... ( read original story ...)

The Hong Kong government is happy to help non-government organisations that come up with “time bank” projects to inspire more elderly people to volunteer, the city’s labour chief revealed on Saturday. Secretary for Labour and Welfare Law Chi-kwong ... ( read original story ...)

Cathay Pacific Airways Ltd. is losing its decades-old membership of Hong Kong’s benchmark equity gauge as the city ... will be dropped along with Kunlun Energy Co. as part of Hang Seng Indexes Co.’s quarterly review. Country Garden Holdings Co ... ( read original story ...)

PC gaming company Razer is set to raise upwards of US$504 million (HK$3.9 billion) when it lists on the Hong Kong Stock Exchange on Monday. The company, which develops gaming-focused accessories for PCs, laptops and is preparing to sell its first ... ( read original story ...)

HONG KONG (Reuters) - Razer Inc (1337.HK), backed by Intel Corp (INTC.O) and Hong Kong billionaire Li Ka-shing, on Friday set its initial public offering price at HK$3.88 per share, confirming a report by a Reuters's publication that the gaming hardware ... ( read original story ...)

From Tyler Durden: IPO mania is gripping Hong Kong and if you’ve been looking for a warning sign that equity markets are close to a peak, just maybe this is it. It was a feature of the Hong Kong market in 2006-07, before the Great Financial Crisis, and ... ( read original story ...)