has lined up $1.4 billion from 10 cornerstone investors for its Hong Kong IPO of up to $8.7 billion, in what would be the world’s biggest listing in four years, people close to the deal said. The Beij... ( read original story ...)
China Tower sets price range, gets cornerstones for $8.7 billion HK IPO – sources
has lined up $1.4 billion from 10 cornerstone investors for its Hong Kong IPO of up to $8.7 billion, in what would be the world’s biggest listing in four years, five people close to the deal told Reut... ( read original story ...)
Boom-bust tells IPO tale amid HK easing, mainland tightening
In fact, the Hong Kong stock market appears set to regain its reputation as one of the world's largest IPO markets, equity mavens said. A report from global consultancy PwC stated that first-half A-sh... ( read original story ...)
Red Hot Hong Kong IPO Market Is Cooling as Retail Buyers Flee
Retail investors’ enthusiasm for Hong Kong initial public offerings is suddenly waning. Individual buyers placed orders for an average 28.7 times of the shares initially available to them in July, acc... ( read original story ...)
China Tower sets price range, gets cornerstones for US$8.7b HK IPO
has lined up $1.4 billion from 10 cornerstone investors for its Hong Kong IPO of up to $8.7 billion, in what would be the world's biggest listing in four years, five people close to the deal told Reut... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) traders shrug off trade talk
Hong Kong stocks ended higher on Friday, as a sharp rebound in mainland Chinese stocks lifted sentiment. The Hang Seng index ended 0.8 percent higher at 28,224.48, while the China Enterprises Index cl... ( read original story ...)
China Tower Is Said to Draw Hillhouse, Alibaba to Hong Kong IPO
China Tower Corp., the state-owned wireless infrastructure operator, has attracted Hillhouse Capital and a unit of Alibaba Group Holding Ltd. as investors in its planned Hong Kong initial public offer... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) shares drop, led by airlines
China Southern Airlines and other carriers tumbled as the yuan slid to the lowest level in 12 months after the central bank lowered the reference rate ... The last signal was a buy 9 period(s) ago. HA... ( read original story ...)
Virtual banking is set to shake up Hong Kong
Hong Kong is getting ready for the arrival of virtual banks, for which all transactions will be online. The city's financial authority could issue the first licenses as early as this year. Tough regul... ( read original story ...)
HKMA publishes OPI framework for Hong Kong’s banking industry
Hong Kong Monetary Authority (HKMA), Hong Kong’s de facto central bank and currency board, has released the open application programming interface (API) Framework for the country's banking sector. The ... ( read original story ...)
Hong Kong’s Banking Sector to Get a Blockchain Platform by September
The Hong Kong Monetary Authority, the region’s currency board and central bank, is set to launch a live blockchain-based trading platform in September. The banking project is backed by HSBC, Bank of C... ( read original story ...)
Jim Rogers-backed ITF to miss August deadline for virtual bank licence in Hong Kong
ITF, a fintech company backed by US veteran investor Jim Rogers, plans to apply for a virtual bank licence in Hong Kong, but will not rush to meet the first application deadline on August 31. The fint... ( read original story ...)
Allahabad Bank proposes to close its Hong Kong branch
Kolkata, July 20 (IANS) State-run lender Allahabad Bank on Friday said it proposes to close its branch in Hong Kong as a part of rationalisation of overseas operations. Incidentally, the Hong Kong Mon... ( read original story ...)
Allahabad Bank to close lone foreign branch in Hong Kong
State-owned Allahabad Bank today said it proposes to close its only foreign branch in Hong Kong as part of rationalisation of its overseas operations. State-owned Allahabad Bank today said it proposes ... ( read original story ...)