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Tag: ipo

Posted on 05/09/2024

China’s Midea Group to raise US$3 billion in Hong Kong’s biggest IPO in 2 years

The world’s biggest home appliance maker is likely to start the book building process as early as Monday, according to a source.

Posted on 05/09/2024

China’s Midea Group to launch at least US$3 billion share offering in Hong Kong: sources

CHINESE home appliance maker Midea Group plans to launch a share offering in Hong Kong to raise at least US$3 billion as early as Sep 9, said two sources, in the city’s largest deal in more than a ...

Posted on 05/09/2024

HANG SENG BANK (00011.HK) Appoints Derek Ngai as Head of Audit, Effective From 7 Oct

HANG SENG BANK (00011.HK) announced the appointment of Derek Ngai as the Head of Audit, effective from 7 October 2024. It is understood that Ngai served as the Head of Audit for Hong Kong and Macau at ...

Posted on 05/09/2024

Hong Kong to offer more yuan products to support its internationalization: Financial Secretary

Hong Kong will create better environment for expanding yuan usage, offering more yuan products and risk management tools to enable international investors to use yuan for trade and investment, Hong ...

Posted on 05/09/2024

Hong Kong Warns of Flight Disruptions as Super Typhoon Nears

Hong Kong will issue its third-highest storm warning later Thursday as Super Typhoon Yagi skirts the city and tracks toward southern China, with coastal regions bracing for destructive winds and heavy ...

Posted on 05/09/2024

Australian business urged to use Hong Kong as gateway to mainland China

Hong Kong’s financial secretary, Paul Chan, has urged Australian companies doing business in China to consider listing on the Hong Kong Stock Exchange.

Posted on 05/09/2024

Bond investors eye Hong Kong as offshore RMB hub as China access grows

Greater liberalisation and new access schemes aim to help offshore investors tap China's vast bond market, plus give them tools to better manage risk and liquidity. How can fixed income portfolios ...

Posted on 05/09/2024

{Hot Stocks}CM BANK(03968) quoted at HK$30.2, down 3%

[ET Net News Agency, 5 September 2024] CM BANK (03968) fell 3% to HK$30.2. It hits an intra-day low of HK$30.2, hitting an 1-month low, and an intra-day high of HK$31.3. The total shares traded was ...

Posted on 05/09/2024

Hong Kong Braces for Disruptions as Super Typhoon Heads to China

China is bracing for heavy rain and strong winds from Super Typhoon Yagi, with the storm set to intensify further as it heads toward Hainan Island and the coast of Guangdong province.Most Read from Bl ...

Posted on 05/09/2024

Why Hong Kong’s mega events seem so small and how to bring back the ‘wow’ factor

How did a few oversized balloons become something to brag about? The Post talks to experts about what's needed to make the 'mega event economy' work On a recent Sunday in Hong Kong, a corner of the ...

Posted on 05/09/2024

Hong Kong Bank Regulator Updates GenAI Guidelines

Banks seeking to use GenAI in their products should follow a range of principles—including ensuring that clients can opt out of using the technology and that AI models do not disadvantage or lead to ...

Posted on 04/09/2024

China Market Update: Hong Kong Shrugs Off Pessimism, Global Overweight Trades Crushed

Asian equities were a sea of red as overweight countries including Japan, South Korea, and Taiwan were whacked by more than -3% on regional semiconductor stocks’ declines.

Posted on 04/09/2024

Illegal betting saps 10% from Hong Kong racing turnover, Jockey Club says

Gambling operator reports total turnover of HK$304.9 billion and record HK$40.1 billion pumped back into community for financial year ...

Posted on 04/09/2024

HK-based Mox Invest adds Crypto ETFs to product offering

Hong Kong-based Mox has made Crypto ETFs available directly on Mox Invest, a regulated investment platform that reduces friction by removing the complexities of managing a personal crypto wallet.

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