Tag: ipo

Hong Kong’s smart banking push got a big slap down after the Hong Kong Monetary Authority ordered e-wallet operators to suspend auto transfers via the recently-launched Faster Payment System to top-up ... ( read original story ...)

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 Toronto and t... ( read original story ...)

BOC Hong Kong and Sands China both shed 0.90 percent, Tencent Holdings lost 0.72 percent, Sung Hung Kai Properties fell 0.69 percent, China Mengniu Dairy slid 0.63 percent, WH Group dipped 0.35 percen... ( read original story ...)

That year, talks between China and the U.K. about the city’s future sparked panic across financial markets, triggering a sharp depreciation of the Hong Kong dollar. To help contain the turmoil, the cu... ( read original story ...)

CLP Holdings, the larger of Hong Kong’s two power utilities, aims to double the size of its India unit via acquisitions and new-build projects in the next five years and list it on the local bourse, a... ( read original story ...)

Meanwhile, Hong Kong’s Hang Seng index slipped 0.38 percent to close at 25,249.78. Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the ... ( read original story ...)

HONG KONG (Reuters) - Innovent Biologics Inc has priced its Hong Kong initial public offering (IPO) near the top of its marketing range to raise $421 million, two people familiar with the matter said, ... ( read original story ...)

HONG KONG (Reuters) - Chinese biotech firm Innovent Biologics 1801.HK priced its Hong Kong initial public offering near the top of an indicative range, raising $421 million in the city’s largest biote... ( read original story ...)

Hong Kong’s benchmark stock index lost more than 800 points on ... out and a sharp drop in US futures indicated deeper losses to come on Wall Street. The Hang Seng Index closed down 806.60 points, or ... ( read original story ...)

Investor sentiment has taken a turn for the worst in October. Stocks have slumped, bond yields have risen while concerns surrounding Italy, Saudi Arabia and China have all increased, albeit for differ... ( read original story ...)

HONG KONG (Reuters) - China opened the world’s longest sea-crossing bridge and tunnel on Tuesday, linking the financial center of Hong Kong, the gambling hub of Macau and western reaches of the Pearl ... ( read original story ...)

The Hong Kong Stock Exchange (HKEX) believes that legal frameworks around finance and cryptos should be the same. The world’s sixth largest stock exchange in its research paper looks at the need ... ( read original story ...)

Nomura has created a model that has reliably signalled at least two-thirds of the past 50 financial crises in 30 countries monitored. Right now, the model says Hong Kong is in the “danger zone” for a ... ( read original story ...)

South Korea’s Kospi gained 0.25 percent to close at 2,161.71. In Hong Kong, the Hang Seng index rose 2.22 percent in afternoon trade. Overall, the bias in prices is: Downwards. Note: this chart shows ... ( read original story ...)