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Tag: ipo

Posted on 15/07/2024

Rosy view of Hong Kong’s finances won’t prepare people for fee hikes

Stop masking true scale of budget deficits with bond proceeds. Hongkongers are not stupid. They know the government must balance the books.

Posted on 15/07/2024

HSBC Buys back ~9.42M Shrs for HKD635M in Total Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 9.4165 million shares of the company on the UK and Hong Kong markets yesterday (8th), involving a total of HKD635 ... HSBC HOLDINGS ...

Posted on 14/07/2024

BOC Aviation: Recent Disclosures Offered Both Positive And Negative Takeaways

Readers should be aware that BOC Aviation's shares are traded on the Stock Exchange of Hong Kong and the Over-The-Counter market. The trading liquidity for the company's OTC shares is limited. But BOC ...

Posted on 14/07/2024

US to press on with ‘strategic engagement’ with Hong Kong, experts say amid policy debate

Observers say Washington expected to keep up pressure on city despite ex-diplomat arguing Hong Kong remains distinct from mainland China The United States is likely to push on with pressuring Hong ...

Posted on 13/07/2024

Crisis in Hong Kong football: switching off the lights in clubs’ financial black hole

Burning cash and sharing pitches with the public, city’s teams are ill-equipped to play in mainland China and resistant to forcing change.

Posted on 13/07/2024

Hong Kong Bitcoin ETFs’ Buying Spree; 425 BTC Purchased This Week

Hong Kong Bitcoin ETFs show a bullish trend, with 425 BTC purchased over 4 consecutive days, signaling growing investor interest in the region.

Posted on 13/07/2024

Hong Kong to conduct checks on public housing applicants for mainland property ownership

Housing director Rosanna Law says measure to crack down on abuse will include closer communication with mainland Chinese counterparts.

Posted on 12/07/2024

Hong Kong and mainland Chinese exchanges add 91 ETFs to Stock Connect scheme

It is also part of the five measures announced by the China Securities Regulatory Commission in April to strengthen ties between the two markets and boost Hong Kong’s status as a global financial hub.

Posted on 12/07/2024

Hong Kong’s WH Group Subsidiary Smithfield Foods Gears Up For $1B IPO In US: Report

The U.S.-based subsidiary of Hong Kong’s WH Group Ltd. (OTC:WHGLY), Smithfield Foods Inc., is reportedly gearing up for a U.S. initial public offering (IPO). The company has chosen Bank of America ...

Posted on 12/07/2024

Smithfield Said to Pick Banks Including BofA, Goldman on IPO

Smithfield Foods Inc. has picked advisers including Bank of America Corp. and Goldman Sachs Group Inc. to work on an initial public offering in the US intending to raise at least $1 billion, according ...

Posted on 12/07/2024

Steady fund flows have bolstered Hong Kong’s asset, wealth hub status, SFC study finds

Chan said the figures showed that despite geopolitical tensions, investors still had confidence in the prospects of the mainland and Hong Kong markets. The net inflows mostly came from private banking ...

Posted on 12/07/2024

{Hot Stocks}HANG SENG BANK(00011) quoted at HK$102.9, up 3%

[ET Net News Agency, 12 July 2024] HANG SENG BANK (00011) rose 3% to HK$102.9, breaking above the 20-D SMA of HK$102.428. It hits an intra-day high of HK$102.9, and an intra-day low of HK$100.3. The ...

Posted on 12/07/2024

57 Hongkongers lost HK$420,000 to online concert ticket scams within 1 week

Fifty-seven Hongkongers fell victim to concert ticket scams in a single week, with losses totalling HK$420,000 (US$53,786), police have warned. The spate of swindles prompted the force on Friday to ...

Posted on 12/07/2024

U.S.-based Chinese state-owned aircraft maker Cirrus lists in Hong Kong

HONG KONG -- Cirrus Aircraft, a U.S.-based but Chinese state-owned manufacturer of small airplanes, made its debut on the Hong Kong stock exchange on Friday.

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