Hong Kong, July 9 (IANS) In a disappointing start, Chinese smartphone maker Xiaomi’s shares nose dropped nearly five per cent on Monday after the company debut its IPO at the Hong Kong Exchange at bot... ( read original story ...)
Shares in China’s Xiaomi dip on Hong Kong debut
Shares in Chinese smartphone giant Xiaomi fell on their Hong Kong debut Monday but they managed to bounce back from an early plunge, following a long-awaited initial public offering overshadowed by Ch... ( read original story ...)
Xiaomi shares drop in Hong Kong debut
Xiaomi made a bad start to its trading debut in Hong Kong on Monday. Shares in the Chinese smartphone maker dropped 4.8% from their listing price, which was already at the bottom of the range the comp... ( read original story ...)
With Xiaomi’s deflated IPO, can Hong Kong live up to the hype of a market for new economy listings?
When shares of Xiaomi, the world’s fourth-largest smartphone maker, trade on Monday, will they deliver a performance strong enough to wipe off the blemish of a disappointing subscription demand and we... ( read original story ...)
Shadow banking – ‘a time bomb in the making’
It's not empty talk or something that can be totally ruled out, given the exponential growth in the shadow banking business in Hong Kong mortgage market over the years. There's also the popular percep... ( read original story ...)
Hong Kong government will double size of planned public annuity scheme if demand surges, finance chief says
Hong Kong’s government would double the size of a public annuity scheme for pensioners if the strong initial interest in the offer translated into oversubscription, the city’s financial chief said on ... ( read original story ...)
Hong Kong Digital Bank Neat Secures $2 Million Investment From Dymon Asia Ventures & Portag3 Ventures
Neat, a digital bank based in Hong Kong, announced earlier this week it secured a $2 million investment from Dymon Asia Ventures and Portag3 Ventures. Founded in 2015, Neat offers two banking products ... ( read original story ...)
Xiaomi faces a reality check in its long-awaited IPO
Chinese smartphone maker Xiaomi awaits market judgment in its IPO. The company’s Hong Kong offering was priced at 17 Hong Kong dollars, which was on the low end of the expected range. Xiaomi has thriv... ( read original story ...)
China Tower Is Said to Start Gauging Demand for Hong Kong IPO
China Tower Corp., the state-owned wireless infrastructure operator, has started gauging investor demand for a proposed Hong Kong initial public offering that could be the city’s biggest since 2010, p... ( read original story ...)
Hong Kong’s IPO run will continue in second half of 2018: PwC
Hong Kong is expected to draw about 220 new listings this year, with the total fund-raising in the IPOs envisaged to be in the range of HK$200 billion to HK$250 billion, according to accounting and co... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) markets end mostly lower as China’s tech stocks slump
China’s yuan rose sharply against the dollar on Wednesday, a day after the central bank assured markets it would keep ... slid around 1 percent to a near 14-month low. In Hong Kong, the Hang Seng Inde... ( read original story ...)
Same-Sex Visa Win in Hong Kong Pressures Other Asia Finance Hubs
A landmark Hong Kong court ruling granting visas to spouses of gay expatriate workers will help fuel LGBT groups pressuring Singapore and Japan to change their policies as the global financial hubs vi... ( read original story ...)
Where to earn $2m in Hong Kong finance by your early 30s
In which jobs will you earn the highest base salaries in Hong Kong banking? And how much will you actually get paid when you reach the senior ranks in these roles? To find out, we averaged out directo... ( read original story ...)
HSBC pays ode to tradition with latest Hong Kong campaign
Diane Chiu, head of marketing Hong Kong, Retail Banking and Wealth Management said: “We’re very proud of Hong Kong’s heritage and the traditional crafts that give us a sense of belonging to our commun... ( read original story ...)