Tag: ipo

Other likely candidates include smartphone maker Xiaomi Corp., Alibaba affiliate Ant Financial Services Group and Lufax, the peer-to-peer lending unit of Ping An Insurance (Group) Co. Those three between them could add $300 billion to Hong Kong’s market ... ( read original story ...)

Blockchain is at the core of the Bank of China Hong Kong (BOCHK) operation, with almost all of its real estate appraisals now done via this technology. Company officials say this is part of a concerted foray into financial technology (fintech) and smart ... ( read original story ...)

The hire marks a relatively rare lateral addition for the magic circle firm in Hong Kong, where it has around 25 partners working across a range of practices including corporate, banking, capital markets and disputes. The last local partner hire for the ... ( read original story ...)

The Punjab National Bank on Saturday moved the Hong Kong High Court against fugitive diamond jeweller Nirav Modi, who is accused in a scam worth over Rs 13,000 crores, ANI reported. The bank will also approach the courts of other countries where Nirav Modi ... ( read original story ...)

BERLIN (Reuters) - Berlin-based digital bank N26 expects to offer its services in Britain and the United States by the end of the year, its founder and chief executive told Reuters. N26, which counts Hong Kong billionaire Li Ka-shing and Silicon Valley ... ( read original story ...)

which fined The Hongkong and Shanghai Banking Corporation (HSBC) $500 million in 2012. In a statement, the OCC said it imposed such a large fine against Wells "given the severity of the deficiencies and violations of law, the financial harm to consumers ... ( read original story ...)

China Mobile Hk. Ltd. Adr F now has $190.33B valuation ... On Wednesday, August 30 the stock rating was initiated by Bank of America with “Buy”. HSBC downgraded the shares of CHL in report on Friday, March 24 to “Hold” rating. ( read original story ...)

Hainan, the southernmost Chinese island that Beijing plans to transform into a hub for gambling and foreign investments, aims to strengthen ties with Hong Kong in 10 areas such as setting up a pilot district to boost trade services and help companies with ... ( read original story ...)

Xiaomi and Ant Financial are two of a cluster of major tech names being linked with IPOs in Hong Kong. But, despite a burst of upcoming tech listings and new measures that are tipped to encourage more, the country still has some way to go to match the U.S ... ( read original story ...)

The Hong Kong Hang Seng opened Monday lower and concluded off 0.54% ... China economic fundamentals are strong and Beijing has the tools to handle systemic risks, central bank governor Yi Gang said at a weekend International Monetary Fund gathering. ( read original story ...)

Bank of China Hong Kong (BOCHK) now handles almost all its real estate appraisals via blockchain, as part of a concerted push into financial technology (fintech) and smart banking, officials revealed on Monday. The lender is processing 85 per cent of its ... ( read original story ...)

The rapid rise of big financial data and raw processing power promises to deliver further gains for every aspect of the industry. This has not gone unnoticed in Hong Kong. Chief Executive Carrie Lam Cheng Yuet-ngor this month reiterated at a Bloomberg ... ( read original story ...)

As Hong Kong welcomes listings from unprofitable tech companies, investors need to get used to some new valuation metrics. Ping An Good Doctor, the largest IPO in Hong Kong so far this year, is approaching potential investors with a valuation of as much as ... ( read original story ...)

Ping An Healthcare and Technology Company, also known as Ping An Good Doctor, has launched its highly anticipated Hong Kong initial public offering (IPO) which aims to raise as much as HK$8.77 billion (US$1.12 billion) in what could become the city’s ... ( read original story ...)