Tag: ipo

Hong Kong is preparing to launch a real-time retail payment service in September, the head of the city’s de facto central bank said. The service, officially called Faster Payment System (FPS) and currently in use in the U.K., enables real-time or near ... ( read original story ...)

This has prompted him to set up a stationery bank to collect and distribute writing tools for underprivileged children in Hong Kong. “A pencil can have a certain effect on a child’s life,” the 52-year-old founder of Bank of Stationery said. ( read original story ...)

Lacking blockbuster deals like the Postal Savings Bank of China last year, Hong Kong slipped from being the world's top listing destination for the last two years to second in Asia, and fourth globally in 2017. Although the city continued to see its IPO ... ( read original story ...)

Hong Kong’s young people are unhappy despite economic growth, mainly due to sky-high property prices and rents, Financial Secretary Paul Chan Mo-po said on Sunday. In an article posted on his blog on Christmas Eve, Chan said ever-increasing rents and ... ( read original story ...)

Hong Kong stocks rose in early trading on Friday, the last trading session before the Christmas holidays, with financials and Hong Kong real estate shares leading gains. The Hang Seng Index was ... 0.5 per cent to HK$79.95. Bank of China was also up ... ( read original story ...)

Hong Kong’s de facto central bank will work with mainland regulators to implement measures to meet rising demand for cross-border financial services and stocks and bond trading, according to its chief executive. The joint effort to facilitate cross ... ( read original story ...)

The first aircraft rental transaction to take advantage of new tax benefits designed to help Hong Kong’s aviation leasing companies compete with those in rivals leasing centres was completed this week. ICBC Financial Leasing’s decision to use Hong Kong ... ( read original story ...)

HONG KONG (Dec 22) -- Shares of Vicon Holdings climbed on their trading debut in Hong Kong on Friday after the foundation contractor's 100-million share initial public offering was priced at the top end of an indicative range. The shares rose as high as HK ... ( read original story ...)

HONG KONG, Dec 22 (Reuters) - Chinese smartphone maker Xiaomi Inc ... which one source said would make a $100 billion IPO price tag look "reasonable". A spokeswoman for Xiaomi - that is likely to soon mandate its leading banks for an IPO - confirmed ... ( read original story ...)

HONG KONG (Dec 22) -- Heres a roundup of local news: *China securities regulator says no change to pace of IPO reviews: sources Chinas securities regulator told a recent meeting with investment banks that there has been no change to the pace for reviews of ... ( read original story ...)

HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Inc has ... which one source said would make a $100 billion valuation at IPO look “reasonable”. A spokeswoman for Xiaomi – that is expected to soon mandate its leading banks for an IPO ... ( read original story ...)

HONG KONG: Chinese smartphone maker Xiaomi Inc has told bankers ... which one source said would make a $100 billion valuation at IPO look "reasonable". A spokeswoman for Xiaomi - that is expected to soon mandate its leading banks for an IPO - confirmed ... ( read original story ...)

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has told ... which one source said would make a $100 billion IPO price tag look “reasonable”. A spokeswoman for Xiaomi - that is likely to soon mandate its leading banks for an IPO - confirmed ... ( read original story ...)

Hong Kong’s stock exchange has unveiled the biggest overhaul of its listing rules and procedures in recent decades, giving it a better shot at accommodating the next Alibaba. Biotechnology firms, companies with multiple classes of shares, and technology ... ( read original story ...)