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Tag: ipo

Posted on 19/06/2024

Hong Kong capital market will help unlock China’s innovation ambitions, HKEX boss says

Hong Kong’s market will continue to evolve to support emerging enterprises’ capital needs, Bonnie Chan says at Lujiazui Forum.

Posted on 19/06/2024

Top Hong Kong Dividend Stocks For June 2024

As of June 2024, the Hong Kong market is navigating a complex global economic landscape, with recent data indicating some pressures in major economies around the world. In this context, dividend ...

Posted on 19/06/2024

HSBC finalises rare opco Samurai as BMO eyes senior Aussie foray

Cross-border yen funding remains open despite volatility elsewhere ◆ HSBC firms up terms on senior Samurai from its Hong Kong bank ◆ BMO marketing senior deal in Australian dollars ...

Posted on 19/06/2024

Alibaba, Tencent, JD.com lead tech stock rout in Hong Kong as central banks tighten policy, China outlook dims

Chinese tech stocks slumped in Hong Kong, sending the broader market to its worst week in three months, after more central banks raised interest rates and waning confidence in China’s economic outlook ...

Posted on 19/06/2024

HSBC Buys back ~5.4M Shrs for HKD366M in Total Ytd

HSBC HOLDINGS (00005.HK) 0.000 (0.000%) Short selling $341.90M; Ratio 40.861% announced that it repurchased a total of 5.3987 million shares of the company for a total of HKD366 million yesterday ...

Posted on 19/06/2024

Clear targets, finance methods needed to make Hong Kong hydrogen push a success: experts

Yip, who is also an investment professional in green assets, said the strategy report failed to identify Hong Kong’s “own major niche” as an international financial hub to benefit from the hydrogen ...

Posted on 19/06/2024

New typhoon trading rule a boost for Hong Kong’s role as financial hub

Decision revealed by Chief Executive John Lee will allow shares to change hands even under the most extreme weather ...

Posted on 19/06/2024

Hong Kong’s Digital Banking Provider ZA Bank Introduces StockBack Offer

The move sets a precedent in the local banking industry “where users can get ‘stockback’ from every stock purchase for the first time in Hong Kong.” ZA Bank, Hong Kong’s largest digital bank by user ...

Posted on 19/06/2024

ZA Bank unveils HK’s first stock rebate programme ‘StockBack’

Calvin Ng, Alternate Chief Executive of ZA Bank, said: “As the only digital bank in Hong Kong that offers savings, insurance and investment in one single app, we provide a comprehensive suite of ...

Posted on 19/06/2024

ZA Bank’s Devon Sin on why Web3 is key to HK’s growth

The move is part of ZA Bank’s widened scope of services, which has seen the virtual-only bank expand to offering business banking services especially for Web3 companies and start-ups, says Devon Sin, ...

Posted on 18/06/2024

Hong Kong IPOs: ‘new-found positivity’ after slow first half of 2024 as deal pipeline fills

IPO proceeds in Hong Kong fell 35 per cent to US$1.5 billion in the first half, but a surge is in progress, according to KPMG and EY.

Posted on 18/06/2024

HSBC Reportedly Weighing Sale of French Life Insurance Biz

HSBC HOLDINGS (00005.HK) is pondering on the sale of its French life insurance business, and is now in the preliminary stage of exploring potential buyers' interests, Bloomberg reported. People with ...

Posted on 18/06/2024

Hong Kong to Keep Stock Market Open During Severe Weather Conditions

Hong Kong will allow trading on its exchanges during severe weather conditions, as part of the exchange’s efforts to maintain the financial center hub’s appeal to investors.

Posted on 18/06/2024

Hang Seng Index Closes Down, With Hong Kong Stocks ‘Directionless’ After China Data

Hong Kong's Hang Seng Index closed 0.1% lower at 17915.55, dragged by tech-related and consumer stocks. The bourse appears to be directionless after Monday's mixed China economic data, Sonija Li, head ...

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