The IPO is widely seen as a test of the new regime as Hong Kong seeks to establish itself as a financing centre for the growing number of Chinese drug developers.REUTERS | July 26, 2018, 08:49 IST HON... ( read original story ...)
China’s Pinduoduo prices U.S. IPO at top of range, raises $1.6 billion: sources
HONG KONG (Reuters/IFR) - Chinese online group discounter Pinduoduo Inc (PDD.O) priced its U.S. initial public offering (IPO) at $19 per American depositary share (ADS), raising $1.63 billion in the s... ( read original story ...)
China Tower seeks US$8.7 billion IPO
Hong Kong, China (AFP) — China's State-owned China Tower — the world's largest operator of telecommunications towers — announced Tuesday it will aim for US$8.7 billion initial public offering in Hong ... ( read original story ...)
Hong Kong stock exchange defers consultation on further listing reform in latest blow to tech IPO ambitions
Hong Kong’s stock exchange operator has deferred a planned consultation on expanding listing reforms to allow corporate investors to own premium shares with greater voting rights in companies that hav... ( read original story ...)
Tower operator plans $8.7b blockbuster Hong Kong IPO
The China Tower management team poses for photographs at an investors luncheon before the mainland company's IPO in Hong Kong. [Photo/Agencies] But, as escalating Sino-US trade tensions cast a shadow ... ( read original story ...)
China Tower plans $8b IPO in Hong Kong
China Tower, a joint venture handling mobile infrastructure in Chinese mainland, will list on Hong Kong stock market on Aug 8, aiming to raise HK$68.1 billion ($8 billion) with its initial public offe... ( read original story ...)
China Tower IPO could be world’s biggest listing in 4 years
China Tower, the world's largest telecoms tower operator, held a news conference on its Hong Kong IPO of up to $8.7 billion on Tuesday in what could eventually be the world's biggest listing in four y... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Forecast is Murky amid renewed geopolitical and trade war concerns.
Shares rallied at mid day today in Hong Kong. the benchmark Hang Seng Index added 1.49 percent or 419.90 points ... Tencent Holdings dropped 1.49 percent, Industrial and Commercial Bank of China jumpe... ( read original story ...)
Chinese Telecom Giant Could Dial Up the Biggest IPO Since Alibaba
The monopoly behind China’s vast network of cellphone towers started marketing what could be the world’s largest initial public offering in four years. China Tower Corp. wants to raise up to $8.7 bill... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) vulnerable to a correction towards 29,694.91
HANG SENG INDEX is currently 5.8% below its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There i... ( read original story ...)
Cornerstones take 16 percent of China Tower’s $8.7 billion HK IPO: sources
has lined up $1.4 billion from 10 cornerstone investors for its Hong Kong IPO of up to $8.7 billion, in what would be the world’s biggest listing in four years, people close to the deal said. The Beij... ( read original story ...)
China Tower sets price range, gets cornerstones for $8.7 billion HK IPO – sources
has lined up $1.4 billion from 10 cornerstone investors for its Hong Kong IPO of up to $8.7 billion, in what would be the world’s biggest listing in four years, five people close to the deal told Reut... ( read original story ...)
Boom-bust tells IPO tale amid HK easing, mainland tightening
In fact, the Hong Kong stock market appears set to regain its reputation as one of the world's largest IPO markets, equity mavens said. A report from global consultancy PwC stated that first-half A-sh... ( read original story ...)
Red Hot Hong Kong IPO Market Is Cooling as Retail Buyers Flee
Retail investors’ enthusiasm for Hong Kong initial public offerings is suddenly waning. Individual buyers placed orders for an average 28.7 times of the shares initially available to them in July, acc... ( read original story ...)