Tag: ipo

HONG KONG (Reuters/IFR) - Chinese smartphone maker Xiaomi is planning to raise up to $6.1 billion from a Hong Kong initial public offering, sources with knowledge of the matter said. Xiaomi plans to sell about 2.18 billion shares at a price range of HK$17 ... ( read original story ...)

Emerging markets are in far greater danger of a financial crisis than their developed peers, and Hong Kong has the most to fear, according to an update of Nomura Singapore Limited’s collection of early-warning indicators. Hong Kong and China are the only ... ( read original story ...)

The Hong Kong Hang Seng Index HSI, -2.78% closed down 2.8%, led by a 5.7% drop for Hong Kong-listed Chinese pork producer WH Group 0288, -5.68% , which owns U.S.’s Smithfield Foods and is vulnerable to potential pork and soybean tariffs. Taiwan’s TAIEX ... ( read original story ...)

Hongkong and Shanghai Banking Corporation announced that users of the e-payment app, PayMe, will be able to top up their e-wallets using their HSBC personal bank accounts starting later this week. The top-up limit will be HK$30,000 per month.PayMe users ... ( read original story ...)

Hong Kong has a high chance of reclaiming a spot in the top three global IPO league table in the second half of the year, with the total capital raised expected to reach as much as HK$140 billion (US$17.8 billion) from a flurry of new economy listings that ... ( read original story ...)

Xiaomi Corp. has decided on a Hong Kong initial public offering before listing in Shanghai, backtracking on a key portion of one of the year’s most anticipated stock market debuts. The smartphone maker aims to list in the former British colony before ... ( read original story ...)

... to between $55 billion and $70 billion following its decision to delay its mainland share offering until after its Hong Kong IPO, three sources with direct knowledge of the matter said. The delay was triggered by a dispute between the company and ... ( read original story ...)

Xiaomi Corp [IPO-XMGP.HK][XTC.UL], expected to raise around $10 billion in Hong Kong and mainland offerings, said it would apply to China’s securities regulator to postpone a review of its China depositary receipts (CDR) offering application. The maker ... ( read original story ...)

Shanghai/Hong Kong: Chinese smartphone marker Xiaomi will postpone its application for a mainland share offering until after it completes a separate listing in Hong Kong, the firm said on Tuesday, casting a pall on Beijing’s drive to lure tech giants ... ( read original story ...)

Wise Talent Information Technology, which operates China’s largest job recruitment site Liepin, is seeking to raise as much as HK$3.12 billion (US$400 million) in Hong Kong – the second biggest IPO by a unicorn company this year after Ping An Good ... ( read original story ...)

Hong Kong’s Hang Seng Index HSI, -0.93% fell 0.9%. The Shanghai Composite SHCOMP, -0.18% lost 0.2% and the Shenzhen Composite 399106, -0.55% dropped 0.6%. The startup-heavy ChiNext dropped 0.8% to set another four-month closing low. It’s fallen 13 of ... ( read original story ...)

Source: HNFC The confirmation of a Hong Kong IPO comes after listing approval, which was reported on Thursday June 7th. Xiaomi's IPO is making waves for a couple of reasons: size and content. The IPO is expected to raise $10 billion at a valuation up to $ ... ( read original story ...)

HSBC chief executive John Flint was in no mood for modesty when he visited Hong Kong earlier this week to deliver a strategy update. “Hong Kong is our biggest market and we’re its biggest bank,” he told analysts. But while his message – for Hong ... ( read original story ...)

The city’s biggest lenders such as HSBC, Bank of China (Hong Kong), and Hang Seng Bank have a prime rate of 5 per cent. Standard Chartered and Bank of East Asia set their prime rate of 5.25 per cent. How are Hong Kong’s mortgage rates priced? ( read original story ...)