The Hong Kong stock market has climbed higher in five straight sessions ... The European and U.S. markets were up and the Asian markets are expected to follow suit. The Hang Seng finished modestly higher on Wednesday following gains from the utilities ... ( read original story ...)
Sensex, Nifty trade lower, bank stocks fall
Major losers were power grid, ICICI Bank, IndusInd Bank, Yes Bank ... In the Asian region, Japan’s Nikkei fell 0.20% and Hong Kong’s Hang Seng shed 1.30% in early trade. China’s Shanghai Composite index too was down 1.29%. ( read original story ...)
Xiaomi Wins Hong Kong Stock Exchange Approval for IPO
Xiaomi Corp. has won Hong Kong stock exchange approval for its planned initial public offering, which would be the first listing in the city with weighted voting rights, people with knowledge of the matter said. The smartphone maker passed its so-called ... ( read original story ...)
Game live streaming platform Douyu rumored to plan IPO in Hong Kong
Tencent-backed game live-streaming platform Douyu(斗鱼) is reported to plan an initial public offering in Hong Kong. The company is said to plan to raise more than $ 700 million. However, the company declined to comment on the information. Douyu was ... ( read original story ...)
Former financial secretary John Tsang joins fintech-focused merchant bank Ion Pacific
John Tsang Chun-wah, Hong Kong’s former financial secretary who was defeated last year in his bid to become the city’s chief executive, has joined fintech-focused merchant bank Ion Pacific as its vice-chairman. Set up in 2015 in Hong Kong, Ion Pacific ... ( read original story ...)
Mining Giant Bitmain’s CEO Wu ‘Open’ to Hong Kong IPO, Report Says
The CEO of Bitcoin mining tech giant Bitmain has appeared to confirm he would be interested in conducting an IPO for the company in future. The potential move would mimic Canaan, one of the company’s main competitors, which announced its intention to ... ( read original story ...)
Media: Xiaomi comes closer to HK IPO
[Photo/Agencies] Chinese technology giant Xiaomi is expected to stand at a listing hearing for formal approval of initial public offering on the Hong Kong stock exchange Thursday, a step closer to a listing for the company in the city in early July ... ( read original story ...)
Tencent-backed live-streaming game platform Douyu plans IPO in Hong Kong next quarter
Tencent-backed live-streaming games platform Wuhan Douyu Network Technology Co is planning an initial public offering in Hong Kong to raise as much as US$700 million, according to people familiar with the matter. The company is aiming for a listing in the ... ( read original story ...)
Hong Kong’s China Loan Pipe Is Gurgling Too Loud
While Hong Kong’s stock and bond investment pipes to mainland China get much attention, a third link between the financial center and the People’ Republic has largely flown under the radar. The hidden “connect” hooks up banking flows from the ... ( read original story ...)
Hong Kong displays its financial charms in pitch to Bay Area
Hong Kong, China's Pearl in the East, once again has extended an invitation to American business and capital institutions, hoping its fiscal strengths can converge with US technology and innovation. James Lau, secretary for financial services and the ... ( read original story ...)
BOC Hong Kong : Statement on Fake email
Bank of China (Hong Kong) Limited ("BOCHK") wishes to alert customers and the general public to a fake email, with sender's name "Bank of China (Hong Kong)" [email protected].asia. The fake email intends to steal customers' personal data by requesting ... ( read original story ...)
Hong Kong finance expertise to speed development of Hainan
Hong Kong will lend its expertise in fundraising to the coastal region of Boao in Hainan province. In return, the southern province will give licences to Hong Kong’s hospitals and professionals to operate in the Hainan Boao Lecheng International Medical ... ( read original story ...)
A Hit in Financial Technology, Blockchain Future Leaders Fund
The Hong Kong Nobel Heroes Day and The New Financial Forum of Guangdong-Hong Kong-Macau Greater Bay Area was held successfully on April 7 th. The event produced greater opportunities and cooperation platforms for economic development and technology ... ( read original story ...)
China’s Xiaomi plans $3 billion CDRs in blockbuster July IPO: sources
HONG KONG (Reuters/IFR) - Chinese smartphone and connected device maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in Hong Kong, said people with knowledge of ... ( read original story ...)