Tag: ipo

Hong Kong and mainland Chinese stocks closed higher on Wednesday amid strong rallies in the financial and property sectors despite news that China’s foreign exchange reserves fell to a nearly six-year low, which had hit market sentiment during morning ... ( read original story ...)

With the arrival of the new year, don’t be surprised if your bank asks for information about yourself and your accounts that you didn’t have to provide before. These questions signal an important development as banks in Hong Kong and around the world ... ( read original story ...)

Investors are preparing for one of the hottest IPOs in years—Snap’s $25 billion listing in New York. They should also keep on eye on some big debuts in Hong Kong and mainland China, the world’s top two IPO markets last year. Here are the three ... ( read original story ...)

Hong Kong’s benchmark Hang Seng Index and mainland China stocks closed moderately lower on Tuesday as the Chinese central bank maintained its tighter liquidity stance and investors remained cautious amid global uncertainties. The Hang Seng Index edged ... ( read original story ...)

Despite a 26% plunge in money raised in Hong Kong offerings, the city maintained the top spot for global IPOs in 2016. But as new economy companies look to go public, many are shying away from Hong Kong. Reuters correspondent Pamela Ambler finds out what's ... ( read original story ...)

However, the SFC said that the cloned firm is not located in Hong Kong although it is using the details of an authorised firm in the U.K.. A brief review of the FXjupiter’s website reveals that it offers investment services on a wide range of financial ... ( read original story ...)

Hang Seng Bank Limited is a Hong Kong-based investment holding company principally engaged in the provision of banking and financial services. The Company operates through four segments. Retail Banking and Wealth Management segment is engaged in the ... ( read original story ...)

In early 2016, the abduction of five Hong Kong booksellers by mainland Chinese security agents raised questions about the former British colony's future as a bastion of free speech. Now, the latest apparent snatching of a Chinese billionaire, Xiao Jianhua ... ( read original story ...)

Hsbc Holdings PLC increased its stake in China Unicom (Hong Kong) Ltd (NYSE:CHU) by 590.8% during the third quarter, Holdings Channel reports. The fund owned 76,359 shares of the company’s stock after buying an additional 65,306 shares during the period. ( read original story ...)

The new financial secretary was urged to make long-term investments and provide one-off relief measures for the city’s needy in his budget as the fiscal surplus looks set to exceed HK$75 billion. Paul Chan Mo-po – who took up the post last month after ... ( read original story ...)

Hang Seng Bank Limited is a Hong Kong-based investment holding company principally engaged in the provision of banking and financial services. The Company operates through four segments. Retail Banking and Wealth Management segment is engaged in the ... ( read original story ...)

The financial technology company would join other technology startups planning Hong Kong listings this year, including Lufax, China's biggest peer-to-peer lending and wealth management platform, which plans a $5 billion IPO. (Reporting by Fiona Lau of IFR ... ( read original story ...)

HONG KONG Amid fierce competition to lure tech company listings, Hong Kong's sole stock exchange is considering launching a new board for issues with weighted voting rights, a controversial stock model that regulators shot down in 2015. Hong Kong Exchanges ... ( read original story ...)

The Hang Seng China Enterprises Index, or the H-share index, dropped 0.48 per cent or 47.44 points to 9,756.61. Chan Ka-keung, Hong Kong’s Secretary for Financial ... a foreign exchange strategist for Mizuho Bank. “The US dollar’s path this year ... ( read original story ...)