Tag: ipo

Hong Kong has a high chance of reclaiming a spot in the top three global IPO league table in the second half of the year, with the total capital raised expected to reach as much as HK$140 billion (US$17.8 billion) from a flurry of new economy listings that ... ( read original story ...)

Xiaomi Corp. has decided on a Hong Kong initial public offering before listing in Shanghai, backtracking on a key portion of one of the year’s most anticipated stock market debuts. The smartphone maker aims to list in the former British colony before ... ( read original story ...)

... to between $55 billion and $70 billion following its decision to delay its mainland share offering until after its Hong Kong IPO, three sources with direct knowledge of the matter said. The delay was triggered by a dispute between the company and ... ( read original story ...)

Xiaomi Corp [IPO-XMGP.HK][XTC.UL], expected to raise around $10 billion in Hong Kong and mainland offerings, said it would apply to China’s securities regulator to postpone a review of its China depositary receipts (CDR) offering application. The maker ... ( read original story ...)

Shanghai/Hong Kong: Chinese smartphone marker Xiaomi will postpone its application for a mainland share offering until after it completes a separate listing in Hong Kong, the firm said on Tuesday, casting a pall on Beijing’s drive to lure tech giants ... ( read original story ...)

Wise Talent Information Technology, which operates China’s largest job recruitment site Liepin, is seeking to raise as much as HK$3.12 billion (US$400 million) in Hong Kong – the second biggest IPO by a unicorn company this year after Ping An Good ... ( read original story ...)

Hong Kong’s Hang Seng Index HSI, -0.93% fell 0.9%. The Shanghai Composite SHCOMP, -0.18% lost 0.2% and the Shenzhen Composite 399106, -0.55% dropped 0.6%. The startup-heavy ChiNext dropped 0.8% to set another four-month closing low. It’s fallen 13 of ... ( read original story ...)

Source: HNFC The confirmation of a Hong Kong IPO comes after listing approval, which was reported on Thursday June 7th. Xiaomi's IPO is making waves for a couple of reasons: size and content. The IPO is expected to raise $10 billion at a valuation up to $ ... ( read original story ...)

HSBC chief executive John Flint was in no mood for modesty when he visited Hong Kong earlier this week to deliver a strategy update. “Hong Kong is our biggest market and we’re its biggest bank,” he told analysts. But while his message – for Hong ... ( read original story ...)

The city’s biggest lenders such as HSBC, Bank of China (Hong Kong), and Hang Seng Bank have a prime rate of 5 per cent. Standard Chartered and Bank of East Asia set their prime rate of 5.25 per cent. How are Hong Kong’s mortgage rates priced? ( read original story ...)

Sorrento Therapeutics Inc is among a few early-stage U.S. biotechs wary of being overlooked in a crowded New York stock market and looking at listing itself in Hong Kong as Asia’s financial center rolls out the red carpet with a drastic overhaul of ... ( read original story ...)

John Tsang Chun-wah, former Hong Kong financial secretary and chief executive aspirant in 2017, has embarked on a new chapter, one that he has promoted since his time in office – fintech investment. He was last week named vice-chairman of Ion Pacific, a ... ( read original story ...)

Political veteran John Tsang Chun-wah is travelling on a road of no return, embracing technology and youth ventures after losing his bid for Hong Kong’s top job to Carrie Lam Cheng Yuet-ngor last year. The former financial secretary, who unexpectedly ... ( read original story ...)

Hong Kong stock market closed ... limited ahead of major central bank policy meetings. The U. S. Federal Reserve, the European Central Bank and the Bank of Japan will all hold meetings this week. The Hang Seng Index rose 0.13%, or 39.36 points, to close ... ( read original story ...)