Tag: ipo

HONG KONG, Feb 27 Hong Kong's stock exchange will bank on its role as a gateway to mainland China's deep-pocketed investors to take on other leading venues and win the coveted $100 billion listing of Saudi Arabia's giant state oil company, Aramco, it said ... ( read original story ...)

Launching the Saudi Aramco initial public offering (IPO) on Hong Kong stock exchange would be a "match made in heaven," Charles Li, CEO of HKEx, told CNBC. The expected listing of the Saudi oil and gas company is predicted to be the world's largest initial ... ( read original story ...)

And as for Hong Kong, Nagata said that exchange may boast China-based institutional investors, but it has fewer individual investors than Tokyo. Speaking with CNBC this week, HKEX CEO Charles Li made his own pitch for Aramco, saying an IPO in Hong Kong ... ( read original story ...)

Meitu (1357.Hong Kong), China’s own Instagram, has risen by over 35% after raising about $600 million in an IPO in Hong Kong last December. Meitu is rising for a fourth consecutive day and is trading at 11.62 Hong Kong dollars, a good 37% above its IPO ... ( read original story ...)

It will be the third Hong Kong IPO in the education sector this year, coming hot on the heels of Wisdom Education... ( read original story ...)

Hong Kong's leadership candidates faced off in a live television ... Lam is lagging in most public opinion polls which favour former finance secretary John Tsang, perceived as a more moderate pro-establishment nominee. The third and most liberal candidate ... ( read original story ...)

Banking stocks in both China and Hong Kong were firm, as Goldman Sachs updated China stocks to "overweight", with a bullish view on China's banking sector, citing improving credit outlook and growing loan pricing power. ( read original story ...)

The SFC routinely warns about such entities and scams operating in Hong Kong, one of the region’s paramount financial markets. Presently, the SFC’s comprehensive Alert List features the names of businesses that have come to the attention of the ... ( read original story ...)

HONG KONG/LONDON HSBC (HSBA.L) broke with tradition by choosing outsider Mark Tucker to replace Douglas Flint as chairman later this year, handing the AIA Group (1299.HK) boss the task of selecting a new chief executive for Europe's biggest bank in 2018. ( read original story ...)

HONG KONG -- HSBC says it's tapping the head of Asian life insurer AIA Group to be its chairman, turning to an outsider for a job it has traditionally filled from within its own ranks. The London-based bank said Monday that it named AIA chief executive ... ( read original story ...)

Mr. Tucker, 59, would be the first outsider to take the chairman’s role at HSBC as the bank, which is based in London but generates much of its profit in Asia, reshapes its leadership. He is expected to relocate from Hong Kong to London for the role. ( read original story ...)

Hong Kong’s Hang Seng Index closed Monday at its best level in two weeks ... the issue as it has been the market focus for about two months.” China Construction Bank, Bank of China, and ICBC all jumped more than 3 per cent, closing at HK$6.25, HK$ ... ( read original story ...)

Because of its “currency board” exchange rate link to the US dollar, Hong Kong automatically imports US monetary policy. So when the US Federal Reserve initiated its “quantitative easing” (QE) policy in the depths of the financial crisis in 2008 ... ( read original story ...)

The Hang Seng ... Agricultural Bank of China has the shortest asset duration, which means it can roll over its short-term assets and invest at higher interest rates. Goldman also likes ICBC and Postal Savings Bank of China (1658.Hong Kong). ( read original story ...)