Tag: ipo

The Hong Kong Hang Seng opened Monday lower and concluded off 0.54% ... China economic fundamentals are strong and Beijing has the tools to handle systemic risks, central bank governor Yi Gang said at a weekend International Monetary Fund gathering. ( read original story ...)

Bank of China Hong Kong (BOCHK) now handles almost all its real estate appraisals via blockchain, as part of a concerted push into financial technology (fintech) and smart banking, officials revealed on Monday. The lender is processing 85 per cent of its ... ( read original story ...)

The rapid rise of big financial data and raw processing power promises to deliver further gains for every aspect of the industry. This has not gone unnoticed in Hong Kong. Chief Executive Carrie Lam Cheng Yuet-ngor this month reiterated at a Bloomberg ... ( read original story ...)

As Hong Kong welcomes listings from unprofitable tech companies, investors need to get used to some new valuation metrics. Ping An Good Doctor, the largest IPO in Hong Kong so far this year, is approaching potential investors with a valuation of as much as ... ( read original story ...)

Ping An Healthcare and Technology Company, also known as Ping An Good Doctor, has launched its highly anticipated Hong Kong initial public offering (IPO) which aims to raise as much as HK$8.77 billion (US$1.12 billion) in what could become the city’s ... ( read original story ...)

Investors may just have found the reason they need to keep on pushing two of Hong Kong's best-performing blue chips higher. After more than doubling in 2017, shares of Tencent Holdings Ltd. and Ping An Insurance Group Co. have lost momentum. By now ... ( read original story ...)

A series of Hong Kong listings of mainland Chinese education companies has given foreign investors access to one of the country’s fastest-growing and most tightly restricted consumer sectors. Last month’s $153m initial public offering of vocational ... ( read original story ...)

HONG KONG (Reuters) - Ping An Healthcare and Technology Co Ltd, a unit of Ping An Insurance (Group) Co of China Ltd (2318.HK) (601318.SS), plans to raise up to HK$8.77 billion (797.8 million pounds) in a Hong Kong initial public offering to help expand its ... ( read original story ...)

The U.S. reportedly could lose two massive initial public offerings to Hong Kong as China intends to lure more new listings. The chief executive of Hong Kong Exchanges and Clearing Ltd. (HKEX), Charles Li, said Saudi Arabia’s state-owned oil giant, Saudi ... ( read original story ...)

Chinese technology giant Xiaomi is readying flotation plans as Hong Kong Exchanges and Clearing (HKEX) unveils major changes to its listings rules with the aim of winning a string of blockbuster initial public offerings with multibillion-dollar valuations. ( read original story ...)

As Asian currencies started plunging one after another, starting with the Thai baht in July 1997, the attention soon turned to Hong Kong, the financial hub of Asia, barely months after sovereignty had been handed by the British colonial government back to ... ( read original story ...)

Europe’s largest international financial institution, HSBC (Hong Kong and Shanghai Banking Company) has made a major announcement today. The worlds seventh largest lender said it will no longer finance any new developments dealing with Canada’s tar ... ( read original story ...)

Hong Kong’s retail investors trust their financial advisers the least among 12 global financial markets surveyed, which the head of the CFA Institute in Asia Pacific describes as a “wake up call” for the city. The finding was based on a poll of 3,127 ... ( read original story ...)

Among these are: Hong Kong-Zhuhai-Macau bridge (26 per cent), Kai Tak district ... According to a previous study by the same Legco unit, for much of his tenure, former finance chief John Tsang Chun-wah’s budget giveaways and handouts mostly benefited ... ( read original story ...)