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Tag: ipo

Posted on 21/12/2024

Hong Kong’s Hang Seng Index closes 0.56 pct lower

HONG KONG, Dec. 19 (Xinhua) -- Hong Kong's stock market ended lower on Thursday with the benchmark Hang Seng Index down 0.56 percent to close at 19,752.51 points. The Hang Seng China Enterprises ...

Posted on 20/12/2024

CBUAE, Hong Kong Monetary Authority deepen financial market cooperation

The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) on Friday held the second bilateral meeting in Hong ...

Posted on 20/12/2024

KPMG: SEHK’s Consultation Paper on Optimizing IPO/ CG Code Can Fortify HK Capital Mkt’s Resilience/ Sustainable Growth

Regarding the consultation paper issued by the Stock Exchange of Hong Kong (SEHK) yesterday on optimizing the IPO and Corporate Governance Code (CG Code), Paul Lau, Head of Capital Markets and ...

Posted on 20/12/2024

China’s Hithium Is Said to Weigh $500 Million HK IPO Next Year

Xiamen Hithium Energy Storage Technology Co. is considering an initial public offering in Hong Kong as soon as next year, according to people familiar with the matter.

Posted on 20/12/2024

Hong Kong bankers to see 15% to 20% salary hikes next year

But middle and back-office recruitment is expected to focus on replacing existing roles. Hong Kong’s banking sector front-office professionals moving to new employers can expect salary increases of 15 ...

Posted on 19/12/2024

Hong Kong shares fall after Fed signals slower easing next year

Hong Kong stocks fell following the US Federal Reserve’s unexpected hawkish forecast for interest rate cuts next year. The Hang Seng Index declined 1 per cent to 19,666.12 at the noon break on ...

Posted on 19/12/2024

Hong Kong banks cut lending rates even as HKMA warns of volatility ahead

Hong Kong's six biggest lenders lowered their prime lending rates for a third time this year, trimming borrowing costs to the lowest level in more than two years. HSBC and subsidiary Hang Seng Bank ...

Posted on 19/12/2024

BOC HONG KONG: US Inflation to Slow Down; US Bond Rates Expected to Rebound in Stages

The US Fed announced the results of its monetary policy meeting on Wednesday (19th), cutting interest rates by 0.25% as expected, but the future rate cut pace is slower than the market consensus. The ...

Posted on 19/12/2024

Hong Kong IPO: actor Roger Kwok’s Herbs Generation jumps 25% on debut

The healthcare company’s shares were oversubscribed 6,083 times as its shares were priced at the low end of its range at HK$3.75.

Posted on 19/12/2024

Hong Kong central bank cuts interest rate, tracking US Fed move

THE Hong Kong Monetary Authority (HKMA) on Thursday (Dec 19) cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75 per cent, tracking a move by the US Federal ...

Posted on 19/12/2024

Hong Kong central bank cuts interest rate tracking Fed move, banks follow

The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75%, tracking a move by the U.S. Federal Reserve. Major ...

Posted on 19/12/2024

Hong Kong Watchdog Searches Finance Firms’ Offices in Listings Probe

Hong Kong’s securities watchdog last month searched the offices of about a dozen finance firms and individuals as part of a probe of company listings on the Nasdaq Inc. exchange, according to people ...

Posted on 19/12/2024

Hong Kong demand for flexible office space grows as market in Singapore slumps

Bengaluru and Makati are the hottest spots as demand surged by 107 and 47 per cent, respectively, according to a study Demand for flexible office space in Hong Kong grew this year as a three-year ...

Posted on 19/12/2024

Hong Kong Approves Four New Crypto Exchanges, ‘Positioning Itself As A Key Hub,’ Expert Says

Hong Kong's securities regulator has approved four new cryptocurrency exchanges, marking a significant step in the city's efforts to position itself as a digital asset hub. What Happened:The approvals ...

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