Tag: ipo

but a company that has changed its main shareholder and business would require a pre-prospectus IPO. That move is likely aimed at a recent trend that has caused unease among regulators and investors in Hong Kong of the rising use of cash-rich shell ... ( read original story ...)

Hong Kong shares ended lower on Friday as investors took profit ... the Bank of Canada would continue to look through that. Accordingly, we think the BoC will remain hawkish on the interest rate outlook in the very near term." Nickel prices hit a 3-1/2 ... ( read original story ...)

With the recent decision by the Hong Kong government to cut the tax rate on aircraft leasing companies, analysts and industry insiders believe the city has an opportunity to be less reliant on property and tourism when it comes to financial transactions. ( read original story ...)

Hong Kong stocks slipped on Friday as investors took profits on financials, paring this week’s strong gains, and following overnight losses in US technology stocks. But analysts expect a slew of positive company earnings reports in coming weeks to ... ( read original story ...)

HSBC is named after its founding member, The Hongkong and Shanghai Banking Corporation Limited, which was established in 1865 to finance the growing trade between Europe, India and China. The inspiration behind the founding of the bank was Thomas ... ( read original story ...)

01/24 INNER MONGOLIA YITAI COAL: Yitai Coal 4Q coal output up 12.4%; sales down 3.2% 2012 DJ Fosun Pharmaceutical Raises $510 Million in IPO 2012 DJ Yitai Coal Raises $903 Million with Hong Kong IPO 2012 DJ Yitai Coal Secures $388 Million Cornerstone ... ( read original story ...)

The Asia-Pacific business environment is rife with social risk, manifested as human trafficking, forced labour, modern day slavery, child labour, safety and work environment issues, and other labour rights violations. In the modern business environment, a ... ( read original story ...)

HONG KONG: Hong Kong’s Financial Services Development Council (FSDC) has proposed that the Offshore Private Equity Fund Tax Exemption should be extended to certain Hong Kong portfolio companies to boost the development of the industry. The FSDC’s ... ( read original story ...)

The pro-Beijing chairperson of the legislative committee approving Hong Kong government funding has suggested taking ... each lawmaker to raising only one unprepared motion in each Finance Committee debate. Chan’s proposal to amend meeting procedures ... ( read original story ...)

Reuters reported in April that China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, to act as a "cornerstone" IPO investor. Slideshow (6 Images) As well as New York and London, Hong Kong, Singapore ... ( read original story ...)

ZhongAn Online Property and Casualty Insurance Co is gunning for a valuation of up to $10bn in its Hong Kong IPO as bankers tout its China new economy credentials. The insurtech company hopes to raise $1bn-$1.5bn from its debut through sponsors Credit ... ( read original story ...)

Reuters reported in April that China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, to act as a “cornerstone” IPO investor. As well as New York and London, Hong Kong, Singapore, Tokyo, Hong Kong and ... ( read original story ...)

Great Wall Asset Management Co. is also seeking up to eight strategic investors ahead of a planned IPO, Reuters reported earlier. China Huarong Asset Management Co. and China Cinda Asset Management Co. have already listed on the Hong Kong bourse. ( read original story ...)

He's off to a quick start, getting in on this year's largest sale: Tezos, a smart contracts platform that raised $US200 million to outstrip the average Hong Kong IPO size this year of around $US31 million. "Unlike the traditional financial sector ... ( read original story ...)