Tag: ipo

The Hang Seng China Enterprises Index shows how far the needle on China has moved from greed to fear. Back in January, the gauge of Hong Kong-listed Chinese stocks ... Industrial & Commercial Bank of China Ltd., one of the nation’s biggest companies ... ( read original story ...)

EY forecasts a total of HK$200 billion ($25.5 billion) in funds to be raised in IPOs in Hong Kong this year. Things are expected to heat up, with tech companies like Xiaomi and Meituan Dianping set to come to market in the months ahead. The first China ... ( read original story ...)

Bank of China (Hong Kong) Limited ("BOCHK") would like to alert its customers and the general public to a phishing email purported to be sent by BOCHK. The phishing email sent out by Bank of China Hong Kong requests customers ... ( read original story ...)

HONG KONG/SHANGHAI (Reuters) - China's Meituan Dianping, an online food delivery-to-ticketing services platform, is bringing its initial public offering (IPO) to Hong Kong, where it aims to raise over $4 billion, three people with knowledge of the deal said. ( read original story ...)

The introduction of a new licensing regime for virtual banks by the Hong Kong Monetary Authority this year, which deliver retail banking services through the internet or other electronic channels instead of physical branches, is a significant factor in ... ( read original story ...)

Xiaomi’s US$6.1 billion initial public offering was subscribed to by Li Ka-shing, Jack Ma Yun and Pony Ma Huateng, but given the cold shoulder by most of Hong Kong’s retail investors, an ominous sign for the city’s bellwether fundraising attempt of 2018. ( read original story ...)

Users of PayMe, HSBC’s mobile payments app, will be able to use it on e-commerce platform HKTVmall this week, Hong Kong’s biggest bank announced on Monday. The partnership with HKTVmall, which features more than 3,000 retailers selling everything from ... ( read original story ...)

Hoping to take advantage of the growing wealth in Asia, BOC Hong Kong (Holdings) Ltd is looking to expand its presence in the region. The bank has risen to join the top 20 biggest private lenders in Asia just four years after it entered the financial industry. ( read original story ...)

SEOUL, Korea, Republic Of — Chinese smartphone maker Xiaomi Corp. plans to raise up to $6 billion in one of the biggest global stock market debuts in recent years as it tries to become a worldwide hardware-and-services brand alongside Apple, Google and ... ( read original story ...)

Xiaomi Corp. plans to raise up to $6.1 billion in one of the biggest global stock market debuts as it tries to become a worldwide brand alongside Apple, Google and Amazon. The initial public offering in Hong Kong would value the Beijing-based company at as ... ( read original story ...)

Xiaomi, one of the world's leading smartphone makers, is hoping to raise more than $6 billion by selling shares for a stock market listing in Hong Kong next month. The Chinese tech firm announced the planned value of the listing Saturday. It's less than ... ( read original story ...)

gross domestic product (GDP) growth forecast for 2018 to 3.7%, up from its previous estimate of 3.3%. HSB noted Hong Kong's economy grew at the fastest pace since 2011 in the first quarter of this year, with GDP rising by 4.7% year-on-year after increasing ... ( read original story ...)

Hong Kong’s financial chief Paul Chan Mo-po on Thursday made a strong case for the government’s plan to tax property owners hoarding vacant flats, saying it was not to enrich its coffers but to ensure sufficient housing, as more than 28,000 new homes ... ( read original story ...)

The Hong Kong Stock Exchange has become a hot spot for attracting the initial public offerings of some of the largest companies in the world. While U.S. markets await the IPOs of Uber and Airbnb, three Chinese companies that rank among the world's 20 ... ( read original story ...)