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Tag: ipo

Posted on 29/12/2024

Hong Kong budget 2023-24: 6 takeaways from Paul Chan’s latest financial blueprint

Financial Secretary Paul Chan Mo-po unveiled his annual budget blueprint for Hong Kong on Wednesday. With the city seeking to recover from the coronavirus pandemic, he explained his “moderately ...

Posted on 29/12/2024

Hong Kong should aim to attract wealth from around the world

Examples such as Zhang Yiming show Hong Kong is a magnet for wealthy entrepreneurs to set up family offices and asset management firms When it comes to the ultra-rich, the line between asset ...

Posted on 28/12/2024

Wiki Finance Expo Hong Kong 2025 is Coming on March 27! Regulation, Crypto, Web3.0, Forex, FinTech will Be in Focus

Taking place on Mar.5, Wiki Finance Expo Hong Kong 2025 is the largest and most influential Fintech and Web3.0 event in Asia in 2025.

Posted on 27/12/2024

Hong Kong property outlook clouded by Trump, rate uncertainty despite November price rise

He said that Trump’s re-election was viewed as a major “uncertainty” factor by the market. Last month, HSBC, Hang Seng Bank and Bank of China (Hong Kong) cut their prime lending rate for the second ...

Posted on 27/12/2024

HSBC HOLDINGS (00005.HK) Repurchases ~1.32M Shrs on Tue for $98.91M

HSBC HOLDINGS (00005.HK) announced that on Tuesday (24th), it repurchased a total of 1.3183 million shares in the UK and Hong Kong markets, involving a total of $98.9129 million.Am... HSBC HOLDINGS ...

Posted on 27/12/2024

Neutral impact on Public Bank from HK unit performance

The anticipated losses and goodwill impairment of Public Bank Bhd’s (PBB) Hong Kong-listed subsidiary, Public Financial Holdings Ltd (PFH), is expected to have a neutral impact on the banking group.

Posted on 26/12/2024

Hong Kong IPOs raise HK$83 billion this year, expected to return to fourth place globally

VCG. A total of 66 new stocks had been listed in Hong Kong by mid-to-late December, raising over HK$83 billion ($10.69 billion). The total financin ...

Posted on 26/12/2024

BOC Life, HSBC, Manulife aim for bigger share of Hong Kong’s ‘silver-hair’ economy

Residents older than 65 years made up about 22 per cent of Hong Kong’s population of 7.5 million people in 2023, according to government data.

Posted on 26/12/2024

India roars ahead of China to top Asian IPO rankings

India has eclipsed China as Asia’s top market for company listings this year, as buoyant stock prices spark a boom in initial public offerings.

Posted on 26/12/2024

As stablecoin bill advances in Hong Kong legislature, advocates trumpet its many uses

Stablecoins have the ability to expand their usage in the real financial economy, according to industry experts.

Posted on 25/12/2024

China, HK stocks gain as banks extend rally; chips also gain

China’s four biggest state-owned banks - Industrial and Commercial (ICBC), Bank of China (BOC) China Construction Bank (CCB) and Agricultural Bank of China (ABC) - gained between 0.3% and 1% to hit ...

Posted on 25/12/2024

Hong Kong employers look to hire more relationship managers and data analysts next year

Outside private banking, relationship managers are also supporting small and medium-sized enterprises. The relationship managers are especially helpful in guiding these businesses ...

Posted on 24/12/2024

French rugby royalty Hong Kong-bound, UBB coach promising HKFC 10s ‘passion and spirit’

UBB coach Laurent Ferrères on lookout for next international stars in Hong Kong, recalls ‘one of biggest experiences of life’ at HK Sevens.

Posted on 24/12/2024

Singapore pulls ahead of Hong Kong in race to be crypto and digital asset hub

Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction.

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