Ronald Wan of Partners Capital International says Hong Kong's position as an IPO destination will be threatened as companies choose to list in Shanghai or New York. ( read original story ...)
Chinese IPO shares worst performers despite record year
... of companies getting listed on the mainland suggests more is being done to lure potential unicorns away from IPOs in the U.S. or Hong Kong. However, a poor stock market performance suggests investors are not convinced. CSRC move to slow down ... ( read original story ...)
HSBC, Citi or Stan Chart: where should you send your CV in Hong Kong?
https://news.efinancialcareers.com/sg-en/303340/quit-hong-kong-ibd-for-trading/ Citi, HSBC and Standard Chartered: they are three of the Western commercial banks most entrenched in Hong Kong. The latter two are even deemed so important to the city’s ... ( read original story ...)
Hong Kong’s IPO Indigestion
Nisha Gopalan is a Bloomberg Gadfly columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. Not tech, not interested. That seems to be the mantra of investors in Hong Kong as an ... ( read original story ...)
Centurion prices Hong Kong IPO shares at HK$3.18; deal 4.1 times subscribed
SINGAPORE - Dormitory developer Centurion Corp has priced its secondary-listing offer in Hong Kong at HK$3.18 per share, near the mid-point of price talk between HK$3 and HK$3.30. The 36-million-share offering was 4.1 times subscribed, based on ... ( read original story ...)
“I quit Hong Kong IBD for a trading job. But now I’m back in banking”
“I was fed up working in Hong Kong investment banking, so I became a trader. But why did I move back into IBD?” https://news.efinancialcareers.com/hk-en/302960/apac-banking-jobs-2017/ I started my career at a US investment bank in Hong Kong about seven ... ( read original story ...)
KPMG Report: Fintech is Key for Hong Kong Banking as 2018 will see Mainstream Adoption
KPMG published a report on the Hong Kong banking industry this past week and Fintech plays a prominent role in the theme of the document. Hong Kong has been a prominent financial center since almost the beginning of time but in the Fintech race ... ( read original story ...)
Goldman Sachs Has Practically Vanished from Hong Kong’s IPO Scene
Goldman Sachs Group Inc. (gs) has nearly vanished from the Hong Kong IPO scene this year, launching its second Hong Kong listing of the year only this week. According to data compiled by Bloomberg, Goldman has worked on only one completed listing in the ... ( read original story ...)
Hong Kong shares rebound after pounding as investors seek bargains in tech and financials
Banks were firm, with HSBC Holdings edging up 0.2 per cent to HK$76.25, China Construction Bank Corp up 0.1 per cent to HK$6.65 and China Merchants Bank adding 0.5 per cent to HK$29.65. However, property stocks continued to drop, with Country Garden ... ( read original story ...)
Deutsche Bank expands in Hong Kong
After a tumultuous year for Deutsche Bank, it is now expanding its relationship manager (RM) team in Hong Kong and Singapore. Last year the Asian offices of the wealth management firm at Deutsche Bank suffered massive blows when Ravi Raju, its Asian ... ( read original story ...)
HSBC beefs up Asia research team with 15 new hires in China
HONG KONG (Reuters) - HSBC (HKSE:0005.HK - News)(LSE:HSBA.L - News) said on Friday that it had expanded its Asian research team by hiring 15 analysts following the launch of HSBC Qianhai Securities, the first Chinese securities joint venture to be majority ... ( read original story ...)
Goldman Sachs Has Nearly Vanished From Hong Kong’s IPO Scene
Goldman Sachs Group Inc. has nearly vanished from the Hong Kong IPO scene this year. The Wall Street bank has worked on only one completed listing in the city this year, Guotai Junan Securities Co.’s $2.2 billion share sale in March, data compiled by ... ( read original story ...)
Executives of Hong Kong financial services firm Convoy under investigation by graft watchdog
Two executive directors of Hong Kong financial services firm Convoy Global Holdings have been put under investigation by the city’s anti-graft body, the company said on Thursday, confirming media reports that had sent its shares down 7 per cent and ... ( read original story ...)
Shares in Hong Kong financial firm Convoy suspended after reports of raid by graft watchdog
Shares in financial firm Convoy Global Holdings were suspended from trading on the Hong Kong stock market on Thursday morning after they fell seven per cent following media reports that one of its senior executives may be facing an investigation by the ... ( read original story ...)