Tag: ipo

... mainland Chinese lenders Industrial and Commercial Bank of China and Bank of China Hong Kong jumped 2.8 per cent to HK$6.97 and 4.7 per cent to HK$40.90 respectively. Hang Seng Bank also hit a three-year high of HK$200.40, gaining 2.45 per cent by noon. ( read original story ...)

You’re an intern or analyst in Hong Kong. You’re wondering which banking roles will land you a salary large enough to finally move out of your parents’ place by the https://news.efinancialcareers.com/sg-en/314051/sought-after-asian-banking-jobs/ You ... ( read original story ...)

Snaring what is shaping up to be the world’s biggest initial public offering of 2018 could be a double-edged sword for Hong Kong. Chinese smartphone maker Xiaomi Corp., which has ambitions to take on Apple Inc. and Samsung Electronics Co., is said to be ... ( read original story ...)

It will become the first U.S. entertainment company to be listed in Hong Kong. Burbank-headquartered STX Entertainment has submitted preliminary paperwork for its planned initial public offering on the Hong Kong Stock Exchange in the form of a draft ... ( read original story ...)

Hong Kong’s financial system is groaning under a deluge of tens of thousands of suspicious financial transaction reports, the number of which has more than quadrupled over the past six years. In 2017 the Joint Financial Intelligence Unit – which acts ... ( read original story ...)

Spending a weekend at last year’s Singapore Sevens just days after feeling the full force of the Cathay Pacific/HSBC Hong Kong Sevens was like the night I had to work behind the bar during my mate’s buck’s party. I was present, it wasn’t ... ( read original story ...)

Everett Harris & Company decreased its stake in China Mobile Hk. Ltd. Adr F (CHL) by 9.42% based on its latest ... The firm has “Hold” rating by HSBC given on Friday, March 24. Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from ... ( read original story ...)

Both Innovent and Ascentage have yet to log any revenues. ETPrimeWe rummaged through some Fortis files. What we found isn’t pretty. HONG KONG: Two Chinese biotechs have axed plans to list in New York and instead aim to raise up to $800 million in Hong ... ( read original story ...)

Robert Simonds’ STX Entertainment has filed a draft prospectus with the Hong Kong Stock Exchange that is expected to lead to an initial public offering of its shares in the coming months. STX, which counts numerous investors from Greater China among its ... ( read original story ...)

HONG KONG (Reuters) - Two Chinese biotechs have axed plans to list in New York and instead aim to raise up to $800 million in Hong Kong IPOs, seeking to cash in on new rules to woo early-stage drug developers, sources said. Fidelity Investments-backed ... ( read original story ...)

I feel that several assertions in Steven Vines’ column about the Spotify IPO need to be corrected (“Spotify’s IPO was a success. Never mind that it’s a loss-making company”, April 18). First, the concept of a “DIY listing” or, as it’s ... ( read original story ...)

Hong Kong stocks fell on Wednesday, tracking a rout in US equities roiled by a sell-off in technology companies and rising bond yields. The Hang Seng Index dropped by 1 ... the prospect that China’s central bank will loosen monetary policies. ( read original story ...)

ACRO Biomedical, a Taiwan-based developer of skin, bone and cornea graft materials, plans to restructure via a reverse takeover and seek an initial public share offer in Hong Kong so that it can tap into the mainland China market. The company, based in ... ( read original story ...)

Hong Kong conglomerate Goldin Financial Holdings plans to sell two pieces of land in the city’s Ho Man Tin area worth HK$12.4 billion (US$1.6 billion) to mainland billionaire Pan Sutong, who is also the company’s chairman. The company’s shares jumped ... ( read original story ...)