Tag: ipo

adding to an earlier purchase of HK$3.93 billion, according to the de facto central bank’s page on Bloomberg. That took its purchases to HK$25.3 billion in August, the first month it has intervened si... ( read original story ...)

The Hong Kong and mainland China stock markets rallied on Monday, after the Chinese central bank signalled it would guide the market more proactively in the face of a stronger US dollar and the ongoin... ( read original story ...)

Hong Kong’s stratospheric property prices are pushing some residents beyond the law. A small, but significant, number of younger people are living in industrial buildings, trading comfort and convenie... ( read original story ...)

It is not just the price of bitcoin that is causing worries. People close to the IPOs said regulatory scrutiny and a patchy performance by Hong Kong offerings this year were additional concerns. Julia... ( read original story ...)

A leading Hong Kong democracy activist has said two members of his political group were detained in mainland China, raising concerns that the separation between the police systems of Hong Kong and the ... ( read original story ...)

Canaan and Ebang filed plans in May and June respectively for floats in Hong Kong, while Bitmain is expected to file its plans next month for an IPO in which it aims to raise at least $3 billion, sour... ( read original story ...)

It is not just the price of bitcoin that is causing worries. People close to the IPOs said regulatory scrutiny and a patchy performance by Hong Kong offerings this year were additional concerns. Julia... ( read original story ...)

Postal Bank is China’s best-performing financial stock this year, and analysts surveyed by Bloomberg say its shares could rise an average 26 percent from the current HK$4.55. “The valuation of Postal ... ( read original story ...)

Raphael Bostic, president of the Atlanta Fed, told the Financial Times that he believed the US was ... futures tip Sydney’s S&P/ASX 200 index and Tokyo’s Topix to open flat, while Hong Kong’s Hang Sen... ( read original story ...)

Hong Kong shares fell on Friday morning as a broadly strong week drew to an end, with traders given a negative lead from Wall Street while US-China trade talks ended with no breakthrough. The Hang Sen... ( read original story ...)

Mabpharm Limited, a Taizhou biotech, will IPO in Hong Kong, the eleventh pre-revenue China biopharma to be approved to list there. Mabpharm is developing a portfolio of nine biosimilars, which it hope... ( read original story ...)

Thousands of Hong Kong bank accounts have been used to collect and launder about HK$4 billion (US$500 million) by local and international fraudsters in the past year, since the city’s anti-fraud squad ... ( read original story ...)

“There were two types of fraudulent transactions carried out: One where cloned debit cards were used to withdraw Rs 80.5 crore, and the other in which a SWIFT transfer of Rs 13.5 crore was made from t... ( read original story ...)

But a Financial Times analysis shows the club exaggerates its ... The annual donations — defined by Hong Kong law as payments made, not just pledged — were just HK$2bn, according to the annual report ... ( read original story ...)