BRUSSELS/HONG KONG (Reuters) - Anheuser-Busch InBev (ABI.BR), the world ... Bloomberg reported on Friday that AB InBev was considering at initial public offering (IPO) that could raise more than $5 bi... ( read original story ...)
Facial Recognition Startup Megvii Mulls $1B Hong Kong IPO
In a move that could bring in as much as $1 billion in funding, facial recognition firm Megvii is reportedly mulling an initial public offering (IPO). Sources, however, said that the idea is still in ... ( read original story ...)
More Details Emerge About Possible Executive Succession, IPO, and Layoffs at Bitmain, World’s Largest Cryptomining Firm
Like competing Chinese crypto-miner manufacturing firms Canaan and Ebang, Bitmain is currently seeking approval to conduct an IPO in Hong Kong from local regulators. Canaan and Ebang’s applications ha... ( read original story ...)
China’s Wanda files for U.S. IPO of sports unit to raise up to $500 million: sources
HONG KONG/NEW YORK (Reuters) - Chinese conglomerate Dalian Wanda ... which could happen in the first half of this year, the sources said. The IPO could raise between $300 million and $500 million, the ... ( read original story ...)
State of the Market: Hong Kong & Singapore
But it was not all doom and gloom as steady corporate work continued to keep law firms busy. HONG KONG: IPO BOOM PROVIDES A LIFT AS PRC FIRMS CONTINUE TO MAKE THEIR PRESENCE FELT There were two overar... ( read original story ...)
Mongolian state coal miner chooses Hong Kong for $3bn IPO
ULAANBAATAR -- The Mongolian state company controlling one of the world's largest coal mines plans to raise up to $3 billion in a public stock offering in Hong Kong this year. The listing of 30% ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) firm on continued trade optimism and surging crude oil prices
The Hang Seng Index now rests just above the 26,460-point ... Industrial and Commercial Bank of China collected 3.08 percent, BOC Hong Kong accelerated 3.00 percent, AIA Group added 2.97 percent, Ping ... ( read original story ...)
Hongkong Land Said Suing HNA for HK$8.3M in Unpaid Office Fees
Central’s biggest landlord is suing China’s biggest financial train-wreck for unpaid fees from an eight-floor office that was never occupied, according to a report in the South China Morning Post. A u... ( read original story ...)
Hong Kong stocks climb on dovish Fed, yuan rally
Yiu added that many Chinese companies listed in Hong Kong were bolstered by a rallying ... which was down 2.6 percent, Postal Savings Bank of China Co Ltd and Byd Co Ltd, both down by 1.9 percent. ( read original story ...)
Portuguese rain insurance, heroin hidden among frozen prawns, and a bank teller’s nightmare: headlines from four decades ago
The court was told Wong Shing-lun, 49, stole HK$7,928, which he had received on behalf of the firm for the sale of scrap metal. A 50-year-old man made sure the tellers at his local bank in New York wo... ( read original story ...)
How to Make a 56,823% Return With Hong Kong’s Worst Ever IPO
(Bloomberg) -- Xiaomi Corp. is a perfect example of how taking a company public can make a select number of shareholders a lot of money, even if the IPO flops. The stock lost about 30 percent in ... ( read original story ...)
Bitcoin Mining Giant Canaan Reportedly Eyeing IPO in NY
The company has previously attempted to obtain an IPO listing at the Chinese New Third Board market but failed. Canaan also allowed its $400 million Hong Kong IPO application to lapse back in November ... ( read original story ...)
Hong Kong plans law making it illegal to show disrespect for Chinese national anthem
Hong Kong | Hong Kong unveiled legislation to make disrespecting ... AP The move is part of a broader crackdown on dissent that democracy advocates say is eroding the financial hub's liberal political ... ( read original story ...)
Hong Kong chief Carrie Lam says increase in age limit for elderly financial support ‘reflects reality’
Hong Kong Chief Executive Carrie Lam has defended the decision to raise the lower age limit for elderly financial support from 60 to 65, saying that the move is “reflecting reality.” On Monday, the go... ( read original story ...)