Tag: ipo

Hong Kong demand for new share sales has hit fever pitch, with 417,000 people applying for lots in Tencent Holdings Ltd.’s online bookstore unit - more than 5 per cent of the city’s population. China Literature Ltd.’s retail offering was 625 times ... ( read original story ...)

HONG KONG (BLOOMBERG) - Hong Kong demand for new share sales has hit fever pitch, with 417,000 people applying for lots in Tencent Holdings' online bookstore unit - over one-in-20 or more than 5 per cent of the city's population. China Literature Ltd's ... ( read original story ...)

The global frenzy for technology stocks sent shares of China Literature Ltd. surging on their first day of trading in Hong Kong. China Literature’s 0772, +0.00% shares started trading above 90 Hong Kong dollars (US$11.53), compared with the offer ... ( read original story ...)

Shares in Tencent’s e-book subsidiary China Literature rocketed 81.8 per cent after trading in Hong Kong opened on Wednesday in the biggest tech IPO in the market in ten years. China Literature raised HK$8.3bn ($1.1bn) in a heavily oversubscribed IPO ... ( read original story ...)

Shares in Tencent’s ebook subsidiary China Literature rose as much as 100 per cent on their trading debut in Hong Kong on Wednesday, in the city’s biggest technology initial public offering in 10 years. China Literature raised HK$8.3bn ($1.1bn ... ( read original story ...)

Forgive my little bemusement over all the recent fuss in Hong Kong about building our links into the Greater Bay Area. Don’t get me wrong: I think it is a great idea. But I need to ask a simple question: what do people think we in Hong Kong have been ... ( read original story ...

Senior representatives from winning banks, financial institutions, as well as banking and finance associations, and professionals from the industry joined the award ceremony on 6 November 2017 at JW Marriott Hotel Hong Kong. The award recognises excellence ... ( read original story ...)

Hong Kong stocks swung between gains and losses on Wednesday as increases in automobiles and technology shares were offset by declines in financials and the property sector. The Hang Seng Index had eased 0.08 per cent by mid-morning to 28,971.70, as shares ... ( read original story ...)

BNP Paribas is hiring in one of the hottest job functions in Hong Kong banking. https://news.efinancialcareers.com/hk-en/296427/ocbc-digital-banking-hiring/ Banks in Hong Kong and Singapore are ramping up their hiring of technologists with artificial ... ( read original story ...)

China Literature, the country’s largest online publishing and e-book website, has priced its initial public offering at the top end of a price range, as investors overbought its shares by more than 600 times in the hope of getting in early on what could ... ( read original story ...)

Razer has reportedly raised HK$4.12 billion (US$528.2 million) from its initial public offering (IPO) in Hong Kong, priced at HK$3.88 per share. The games hardware maker, which is based in Singapore and San Francisco, saw an oversubscription from Hong Kong ... ( read original story ...)

HONG KONG (Reuters Breakingviews) - Tech fervour is buoying Hong Kong’s new-issue market. Investors have snapped up shares in Razer, a maker of keyboards and mice for gamers, and China Literature, the electronic publishing arm of locally listed ... ( read original story ...)

Yixin Group, China’s largest car retailing platform, opened its initial public share offering in Hong Kong on Monday, seeking to raise as much as HK$6.77 billion (US$870 million) in what could be the third-largest internet business IPO in the city this year. ( read original story ...)

Yixin Group Ltd., an online car financing company backed by three of China’s top internet companies, is hurtling ahead with a Hong Kong IPO to raise up to nearly $900 million, as enthusiasm on a new generation of financial technology (fintech ... ( read original story ...)