Tag: ipo

Hong Kong stocks posted their biggest one-day gain in seven months after a move by China’s central bank designed to spur lending. The city’s benchmark index surged above the key 28,000-point level on Tuesday, the first trading session of the fourth ... ( read original story ...)

HSBC (0005) yesterday declared a third interim dividend of US$0.10 (78 HK cents) per ordinary share. A scrip dividend will also be offered. Hang Seng Bank (0011) also declared a third interim dividend - HK$1.20 per share.According to the latest global ... ( read original story ...)

THAILAND – October 03, 2017 – Capital Trust Group and W Ventures (Hong Kong) have selected the AlphaPoint platform to create the blockchain financial technology infrastructure for Trust City. The AlphaPoint Distributed Ledger Platform will enable the ... ( read original story ...)

The Bank of East Asia has urged anyone who put cheques into a collection box at its Cheung Sha Wan branch on a day last month to contact them after it realised that the box was “accidentally” dumped by renovation workers. In an announcement on its ... ( read original story ...)

Hong Kong and Paris, and Sotheby's BidNow program allows visitors to view all auctions live online and place bids from anywhere in the world. Sotheby's offers collectors the resources of Sotheby's Financial Services, the world's only full-service art ... ( read original story ...)

HONG KONG (Reuters) - A nearly 900-year-old porcelain Song dynasty bowl smashed the world auction record for Chinese ceramics on Tuesday, selling for HK$294.3 million (£28.38 million) at a Sotheby's sale in Hong Kong. The small, blue-green item broke the ... ( read original story ...)

Asian equity markets were broadly higher on Tuesday, with stocks in Hong Kong and Japan leading gains to track overnight strength on Wall Street, thanks to upbeat U.S. data. The Hang Seng Index HSI ... 0.2% and the Commonwealth Bank of Australia CBA ... ( read original story ...)

HONG KONG: Hong Kong stocks jumped on Tuesday, led by mainland banks after China's central bank cut reserve ratios and as materials shares found support from economic data out of Beijing that showed stronger-than-expected factory activity. The blue chip ... ( read original story ...)

TOKYO (AP) -- Shares in Japan and Hong Kong gained Tuesday, tracking an overnight rally on Wall Street, where indexes set fresh record highs. Australia's S&P/ASX 200 fell, and the South Korean and Shanghai markets were closed for national holidays. ( read original story ...)

Casino stocks up on strong growth in Macau’s gaming revenue * Chinese banks up as central bank cut cash reserve rate Oct 3 (Reuters) - Hong Kong stocks rose on Tuesday, led by Chinese banks and insurers after China’s central bank cut reserve ratios and ... ( read original story ...)

Run by Prof. Ronald Li, director of the Ming-Wai Lau Centre for Reparative Medicine at the Karolinska Institute's Hong Kong campus, the company grows human heart tissue from stem cells that can be used instead of lab animals for drug development. ( read original story ...)

The head of JP Morgan’s global investment banking division in China said more Chinese financial technology firms may follow Zhong An Online Property and Casualty Insurance’s lead in launching initial public offering (IPO) in Hong Kong. Houston Huang ... ( read original story ...)

Hong Kong’s Securities and Futures Commission (SFC) has launched its SFC Regulatory Sandbox to provide a place for firms to test out their ideas. Like other regulators, the SFC says: “For the sake of market integrity and better investor protection ... ( read original story ...)

Trump’s Treasury Secretary Steven Mnuchin has recommended delaying new global bank trading book rules, a step Australia, Hong Kong and Singapore are also taking - and the European Union is resisting, potentially fragmenting standards for a period. ( read original story ...)