iPhone screen maker plans US$1.5bn Hong Kong IPO in 2018

iPhone screen maker plans US$1.iPhone screen maker plans US$1.5bn Hong Kong IPO in 2018REUTERS | December 18, 2017, 12:31 IST HONG KONG: Biel Crystal Manufactory, the biggest cover-glass maker for iPhones, plans to raise about US$1.5bn from a Hong Kong IPO ... ( read original story ...)

Booking opens on $600m IPOs

China-based Ruifeng Power Group is to sell around HK$302 million worth of shares in a Hong Kong IPO, issuing 180 million shares, priced from HK$1.6 to HK$1.68 each. A 2,000-share lot will cost HK$3,393.Most of proceeds are intended for its manufacturing ... ( read original story ...)

HK targets next Alibaba in revamp of IPO rules

Hong Kong’s trajectory illustrates the power big companies wield as competition among exchanges for the hottest IPOs intensifies, said Martin Wheatley, the former head of the SFC in Hong Kong and the U.K.’s Financial Conduct Authority, in an interview ... ( read original story ...)

High street banking gets even more profitable in Hong Kong

“Hang Seng Bank’s net interest margin and fees trajectory are quite predictable and should show very strong earnings in the fourth quarter. Bank of China Hong Kong, on the other hand, has much more NIM [net interest margin] volatility (given aggressive ... ( read original story ...)

Financials lead Hong Kong shares higher ahead of holidays

HONG KONG (Nikkei Markets) -- Hong Kong shares rose by midday on Thursday, outperforming most other regional markets, as financial sector heavyweights advanced. The yield on 10-year U.S. government bonds traded near a nine-month high after the House of ... ( read original story ...)

Huabang Financial : Fin to buy Kowloon Bay property at HK$220m

11-14 on 3rd Floor, Enterprise Square Three, Kowloon Bay, Hong Kong at about HK$219.8 million ... the Group's income base and maximise return to shareholders. 04:14p HUABANG FINANCIAL: Fin to buy Kowloon Bay property at HK$220m 11/22 HUABANG FINANCIAL ... ( read original story ...)

Hong Kong stocks fall slightly as financials, IT drag

Dec 20 (Reuters) - Hong Kong stocks dipped slightly on Wednesday as weakness in financial and IT stocks offset strength in property and utility plays . ** At close of trade, the Hang Seng index was down 19.57 points or 0.07 percent at 29,234.09. The Hang ... ( read original story ...)