Tag: ipo

HONG KONG: HSBC Holdings plc is continuing a hiring spree for its equities business in the Asia-Pacific region, recruiting executives from firms including Deutsche Bank AG and Citigroup Inc, according to people familiar with the matter. HSBC has hired ... ( read original story ...)

With plenty of banks to choose from, we do our best to document them all in this directory. The Hongkong and Shanghai Banking Corporation Limited is the largest bank in Hong Kong, the founding member of the HSBC Group. Since 1990 it operates in Hong Kong ... ( read original story ...)

It will take an Ant to move this Hong Kong stock mountain. Until recently, Hong Kong was an IPO desert. Issuance had been falling for four consecutive years as investors grew weary of deal after deal from state-owned Chinese firms. Then came ZhongAn ... ( read original story ...)

BOC Hong Kong shed 0.49 percent, CNOOC slid 0.29 percent and China Life was unchanged. The lead from Wall Street is cautiously optimistic as stocks were lackluster on Friday, bouncing back and forth across the unchanged line before ending mostly higher. ( read original story ...)

Hong Kong Q1 GDP Q/Q: 2.2% v 0.8%e; Y/Y: 4.7% v 3.4%e - BOE's Broadbent: Recent slowdown seen as temporary, Q1 economic weakness was partly due to weather (in-line with recent MPC statement). Right to wait and assess the health of the economy. BOE message ... ( read original story ...)

In Hong Kong, stocks rallied overnight after data showed China's industrial ... This morning's data is likely to shed light on whether the Bank of Canada (BoC) will raise interest rates on May 30 or at its subsequent meeting on July 11. ( read original story ...)

Alipay handled 54 percent of that, followed by Tencent’s 38 percent. Hong Kong, in contrast, already has a fully developed Western-style banking system, as well as a popular alternative, the reloadable Octopus card. The brightly colored cards are widely ... ( read original story ...)

TD Bank says the Canadian housing market will recover at the ... After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and ... ( read original story ...)

BOC Hong Kong dropped 0.62 percent, Sands China climbed 0.53 percent, AIA Group advanced 0.42 percent, Ping An Insurance shed 0.38 percent, New World Development added 0.33 percent, Hong Kong & China Gas gained 0.24 percent, Tencent Holdings was up 0.21 ... ( read original story ...)

Stocks in Hong Kong retreated Friday as most regional equity markets declined following US President Donald Trump's decision to cancel his summit with North Korean leader Kim Jong Un. The benchmark Hang Seng Index slid 0.56 percent, or 172.37 points ... ( read original story ...)

Xiaomi, the world’s fourth-largest smartphone maker, is putting the finishing touches on a plan to make its US$10 billion initial public offer available to investors by early-to-mid July, presenting the biggest global stock offer of 2018 as a birthday ... ( read original story ...)

The top gainers among H-shares were CSPC Pharmaceutical Group Ltd, up 6.81 percent, followed by ZhongAn Online P & C Insurance Co Ltd gaining 1.78 percent and China Citic Bank ... Hong Kong-listed H-shares. ** The price-to-earnings ratio of the Hang Seng ... ( read original story ...)

The stock of BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (OTCMKTS:BNKHF) registered a decrease of 47.72% in short interest. BNKHF’s total short interest was 2.40M shares in May as published by FINRA. Its down 47.72% from 4.58 million shares, reported ... ( read original story ...)

UBS, which is appealing against a decision barring it from sponsoring stock market listings in Hong Kong, is restructuring its investment banking department by combining its China and Hong Kong arms, according to an internal memo seen by the South China ... ( read original story ...)