Tag: ipo

The Hong Kong government is happy to help non-government organisations that come up with “time bank” projects to inspire more elderly people to volunteer, the city’s labour chief revealed on Saturday. Secretary for Labour and Welfare Law Chi-kwong ... ( read original story ...)

Cathay Pacific Airways Ltd. is losing its decades-old membership of Hong Kong’s benchmark equity gauge as the city ... will be dropped along with Kunlun Energy Co. as part of Hang Seng Indexes Co.’s quarterly review. Country Garden Holdings Co ... ( read original story ...)

PC gaming company Razer is set to raise upwards of US$504 million (HK$3.9 billion) when it lists on the Hong Kong Stock Exchange on Monday. The company, which develops gaming-focused accessories for PCs, laptops and is preparing to sell its first ... ( read original story ...)

HONG KONG (Reuters) - Razer Inc (1337.HK), backed by Intel Corp (INTC.O) and Hong Kong billionaire Li Ka-shing, on Friday set its initial public offering price at HK$3.88 per share, confirming a report by a Reuters's publication that the gaming hardware ... ( read original story ...)

From Tyler Durden: IPO mania is gripping Hong Kong and if you’ve been looking for a warning sign that equity markets are close to a peak, just maybe this is it. It was a feature of the Hong Kong market in 2006-07, before the Great Financial Crisis, and ... ( read original story ...)

Hong Kong stocks recouped all of the early losses by Friday afternoon, as Chinese insurers jumped after China said it will substantially ease access to its financial industry. Apple supplier AAC Technologies also boosted gains in the Hang Seng Index, as it ... ( read original story ...)

SHANGHAI, Nov 10 (Reuters) - With Hong Kong stocks hitting fresh decade-highs this week ... Renewed upward momentum this week propelled the benchmark Hang Seng Index to its highest level in 10 years, and mainland investors accelerated their buying. ( read original story ...)

A company that moves some 600 million yuan between Hong Kong and the mainland every day is banking on the multibillion dollar Hong Kong-Zhuhai-Macau bridge to expand its suite of services and internationalise its business. Vpower Finance Security ... ( read original story ...)

Hong Kong’s youngest political party Demosisto, co-founded by student activist Joshua Wong Chi-fung, removed a core member from its standing committee on Thursday after he was found to have violated the group’s financial rules. Derek Lam Shun-hin, 24 ... ( read original story ...)

ICBC, by comparison, made less than 25 percent of its stock freely tradable in Hong Kong. Its two biggest shareholders, Huijin and China's Ministry of Finance, can only offload their stakes in Shanghai. This subtle distinction is making a world of ... ( read original story ...)

Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning. Like military campaigns, market cycles are subject to uncertainty in their duration. Winston Churchill's famous admonition was an attempt to ... ( read original story ...)

Hong Kong stocks ended lower on Wednesday, as investors took profits in tech shares including Chinese internet giant Tencent and financial stocks, after the index rose to a fresh 10-year intraday high in the morning. The Hang Seng Index fell 0.3 per cent ... ( read original story ...)

Foreign bank’s exposure to mainland China stood at US$1.89 trillion – a record high – at the end of the first half of this year, according to data from ratings agency Fitch. Tighter liquidity on the mainland, easy liquidity in Hong Kong and Chinese ... ( read original story ...)

HONG KONG (Reuters) - Tencent’s e-book unit China Literature Ltd (0772.HK) saw its shares surge more than 80 percent in their debut on Wednesday, as Hong Kong investors embrace a rush of tech listings, marking the biggest first-day gain for a large IPO ... ( read original story ...)