Tag: ipo

HONG KONG (Reuters) - JD.com Inc’s finance arm has raised at least 13 billion yuan ($1.96 billion) in fresh equity from Chinese investors, doubling its valuation ahead of an expected initial public of... ( read original story ...)

Hong Kong shares ended Tuesday roughly flat on Tuesday ... which threaten to hurt Chinese exports and dampen business sentiment. The Hang Seng index was unchanged at 28,682.25, while the China Enterpr... ( read original story ...)

Laurence Li Lu-jen, who takes over as chairman of Hong Kong’s Financial Services Development Council, said on Tuesday listing reforms and other measures introduced by the government recently had enhan... ( read original story ...)

“There’s now an increased willingness by ECM bankers from bulge bracket firms to move to Chinese banks,” says Yvette Kwan, a former APAC investment banking COO at UBS, now a partner at Hong Kong finan... ( read original story ...)

WASHINGTON, D.C. — A Hong Kong investment bank will pay a $47 million criminal penalty to resolve allegations by the U.S. Department of Justice (DOJ) that the bank violated the Foreign Corrupt Practic... ( read original story ...)

Xiaomi’s withdrawal from China IPO application and repeated cuts in valuation followed Chinese securities Watchdog’s queries. Its Hong Kong IPO price is set at bottom of original HK$17-22 target range ... ( read original story ...)

China’s Xiaomi, the world’s fifth biggest seller of smartphones, made an underwhelming public debut after it hit the Hong Kong Stock Exchange amid concerns around an ongoing trade war between the U.S. ... ( read original story ...)

“We are seeing a very good level of interest from quality issuers and we expect a healthy pipeline for the next couple years,” said David Lau, head of Hong Kong investment banking at JPMorgan Chase & ... ( read original story ...)

The Hang Seng Index climbed 1.03 per cent, or 290.54 points, to 28,606.16 on Monday. The benchmark Shanghai Composite Index added 0.19 per cent, or 5.22 points, to 2,752.45, while the Shenzhen Composi... ( read original story ...)

In its fourth year, the program teaches high school students to better plan and manage their personal finance; This year, the program added new content on protecting payment-related data online HONG K... ( read original story ...)

In this 2015 file photo, Lei Jun, chairman and CEO of China's Xiaomi Inc. presents the company's new product, the Mi Note, in Beijing, China. In this 2015 file photo, Lei Jun, chairman and CEO of Chin... ( read original story ...)

Hong Kong: In a disappointing start, Chinese smartphone maker Xiaomi's shares nose dropped nearly five per cent on Monday after the company debut its IPO at the Hong Kong Exchange at bottom end of its ... ( read original story ...)

That puts the company co-founded by billionaire Lei Jun on pace to become the worst first-day performance for a $1 billion-plus Hong Kong IPO since 2011. Xiaomi’s market value is now in the neighborho... ( read original story ...)

Xiaomi's shares dropped 2.9% on debut in Hong Kong on Monday, in a blow to investor sentiment for the tech sectorREUTERS | July 09, 2018, 08:53 IST Chinese smartphone maker Xiaomi's shares dropped 2.9 ... ( read original story ...)