Banco Yiu, Assistant General Manager of the Personal Digital Banking Product Department at BOC HONG KONG (02388.HK), stated that benefiting from the restart of the interest rate cut cycle and the ...
Horizon Robotics’ Shares Jump 38% in HK After $696 Million IPO
Shares of Horizon Robotics Inc. jumped nearly 38% early in their trading debut in Hong Kong Thursday, adding to optimism over a revival in initial public offerings in the Asian financial hub.Most Read
Skyline Builders Group Targets $6 Million U.S. IPO On Excessive Valuation
Skyline Builders seeks $6 million from its IPO, but faces high valuation risks. Learn more about SKBL stock and why it’s rated as a sell.
China Market Update: Hong Kong IPOs Take Flight
Asian equities were mixed overnight despite a stronger US dollar. Hong Kong and South Korea outperformed, while Thailand was closed for Chulalongkorn Day, a national holiday commemorating His Majesty ...
Hong Kong stocks ride 2-day wave on earnings optimism, stabilisation-fund proposal
Investors are gearing up for results from 22 Hang Seng Index constituents through the end of the month, including HSBC, BYD and ICBC.
China Resources Beverage shares end 15% higher on Hong Kong IPO debut
Drinks maker China Resources Beverage's shares ended 15% higher in their Hong Kong debut on Wednesday, giving dealmakers hope that more big-ticket initial public offerings could be on the way. The ...
Chery Is Said to Pick Banks for Auto Unit’s Hong Kong IPO
Chery Holding Group Co. has picked China International Capital Corp., GF Securities Co. and Huatai International Ltd. to work on a potential initial public offering of its automotive unit, people ...
Asian Stocks Struggle Amid U.S. Treasury Yield Surge, Hong Kong Outperforms
Asian Stocks Mixed as U.S. Treasury Yields Rise Asian stocks performed mixed on Wednesday, as rising U.S. Treasury yields and uncertainty around the upcoming U.S. presidential election kept investors cautious.
EY Sees Global IPO Recovery Next Year as Sponsors Plot Exits
Improving market conditions and a backlog of private equity sales are setting the stage for a busy 2025 in equity capital markets, with initial public offerings likely to pick up across regions, according to consultancy Ernst & Young.
Horizon Robotics raises $696m in Hong Kong’s IPO
Horizon Robotics, a Chinese autonomous driving company, has raised $696m (5bn yuan) through an initial public offering (IPO) in Hong Kong. This makes it Hong Kong’s largest IPO for the year, according ...
China’s Horizon Robotics set to price shares at top of range to raise $696 million in Hong Kong IPO, sources say
Chinese autonomous driving firm Horizon Robotics has priced its shares at HK$3.99 each, the top of its range, to raise $696 million in an initial public offering in Hong Kong, according to two sources ...
HSBC reorganises to make Hong Kong a ‘top strategic priority’ in global banking business
HSBC Holdings will reorganise its worldwide operations into four business units and two geographic areas, as one of the world’s largest banks creates a structure that makes Hong Kong – the H in HSBC – ...
HSBC splits bank between East and West in major overhaul
HSBC has announced the appointment of its first female finance chief in the bank's 159-year history as its new boss shakes up the business. Pam Kaur has worked at the bank for more than a decade and ...
HSBC merges commercial and investment banking units, names first female CFO
HSBC Holdings said on Tuesday it would combine its commercial and investment banking operations in a major overhaul under new CEO Georges Elhedery that has also seen key senior staff depart. Seeking ...