Fast on the heels of Ascletis’ record $400 million raise on the Hong Kong stock exchange, BeiGene is proposing its own IPO in the city — to run parallel with its current listing on Nasdaq. And they ar... ( read original story ...)
Hong Kong prepares to usher in virtual banks, as 60 firms apply to be pioneers in financial revolution
When SagaDigits, a HK$2 million (US$254,820) start-up, wanted to add post-merger shareholders and signatories to its corporate bank account, its chief executive approached a Hong Kong bank for help. W... ( read original story ...)
Bank of East Asia : Hong Kong Blockchain Trade Platform Ready to Launch
in a joint initiative with BOC Hong Kong Holdings, Hang Seng Bank, Bank of East Asia, ANZ Banking Group and DBS Group. “The next major milestone,” said HKMA deputy chief executive Howard Lee, “is to l... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Trade Worries Caution Investors
Hong Kong stocks slipped on Thursday as renewed trade worries prompted caution among investors after a four-day winning streak. The Hang Seng index fell 0.5 percent to 28,781.14 points, while the Chin... ( read original story ...)
Hong Kong Finance : consultant jailed over HK$230,000 cross-border visa scam
An immigration consultant pocketed HK$230,000 (US$29,000) from a cross-border visa scam that tried to secure false work and spousal status for at least 16 clients, a court heard on Monday. The Distric... ( read original story ...)
Hong Kong unveils new banknotes
(ECNS) - The Hong Kong Monetary Authority (HKMA) has unveiled new bills with advanced security features to prevent counterfeiting in cooperation with three note-issuing banks. They are Standard Charte... ( read original story ...)
Chinese biotech firm Ascletis raises $400 million in HK IPO: sources
HONG KONG (Reuters/IFR) - Chinese biotech Ascletis Pharma Inc (1672.HK) raised $400 million after pricing its IPO in the middle of an indicative range, three people said, in the first such Hong Kong l... ( read original story ...)
Chinese Biotech Firm Ascletis Raises $400 Million in Hong Kong IPO-Sources
HONG KONG (Reuters/IFR) - Chinese biotech Ascletis Pharma Inc raised $400 million (£303 million) after pricing its IPO in the middle of an indicative range, three people said, in the first such Hong K... ( read original story ...)
Chinese biotech firm Ascletis raises $400 mln in HK IPO – sources
The IPO is widely seen as a test of the new regime as Hong Kong seeks to establish itself as a financing centre for the growing number of Chinese drug developers.REUTERS | July 26, 2018, 08:49 IST HON... ( read original story ...)
China’s Pinduoduo prices U.S. IPO at top of range, raises $1.6 billion: sources
HONG KONG (Reuters/IFR) - Chinese online group discounter Pinduoduo Inc (PDD.O) priced its U.S. initial public offering (IPO) at $19 per American depositary share (ADS), raising $1.63 billion in the s... ( read original story ...)
China Tower seeks US$8.7 billion IPO
Hong Kong, China (AFP) — China's State-owned China Tower — the world's largest operator of telecommunications towers — announced Tuesday it will aim for US$8.7 billion initial public offering in Hong ... ( read original story ...)
Hong Kong stock exchange defers consultation on further listing reform in latest blow to tech IPO ambitions
Hong Kong’s stock exchange operator has deferred a planned consultation on expanding listing reforms to allow corporate investors to own premium shares with greater voting rights in companies that hav... ( read original story ...)
Tower operator plans $8.7b blockbuster Hong Kong IPO
The China Tower management team poses for photographs at an investors luncheon before the mainland company's IPO in Hong Kong. [Photo/Agencies] But, as escalating Sino-US trade tensions cast a shadow ... ( read original story ...)
China Tower plans $8b IPO in Hong Kong
China Tower, a joint venture handling mobile infrastructure in Chinese mainland, will list on Hong Kong stock market on Aug 8, aiming to raise HK$68.1 billion ($8 billion) with its initial public offe... ( read original story ...)