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Tag: ipo

Posted on 22/08/2024

China Market Update: Hong Kong Rides Q2 Financial Results Higher As Baidu, NetEase, & Bilibili Report

Asian equity markets were mixed despite a stronger US dollar overnight, as Hong Kong outperformed the region, which was led by growth stocks and sectors on light volumes, in advance of Fed Chair ...

Posted on 22/08/2024

Bank of East Asia touts commitment to SMEs as it reports 20% first-half profit slump

Hong Kong's largest family-owned lender, has pledged continuing dedication to the city's small and medium-sized enterprises (SMEs) amid concerns that many such companies are struggling with cash-flow ...

Posted on 22/08/2024

HSBC boss exits on a high after his Hong Kong bet pays off, says ALEX BRUMMER

Noel Quinn's stewardship of Britain's biggest bank HSBC has been brief. Yet in four years at the top he radically changed the shape of the lender.

Posted on 22/08/2024

Hong Kong crypto exchanges face challenges to get full licenses

HONG Kong’s push for a digital-asset hub faces growing pains amid uncertainty over whether 11 crypto exchanges will all achieve full licenses after earlier receiving initial approvals. Read more at ...

Posted on 22/08/2024

Hong Kong jury unanimously finds Swedish businessman guilty of raping former domestic worker

A Hong Kong jury has unanimously found a Swedish businessman guilty of raping his former domestic worker. Patrik Tobias Ekstrom, 35, was convicted on one count of rape and one count of non-consensual ...

Posted on 22/08/2024

Hong Kong IPOs signal rebound as HKEX remains ‘cautiously optimistic,’ says CEO

Fundraising activity is rebounding on HKEX, reinforced by additional follow-on fundraising and a strong IPO pipeline, according to CEO Bonnie Chan.

Posted on 22/08/2024

HSBC HOLDINGS Buys back 4.5M+ Shrs for HKD299M in Total Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.5015 million shares of the company on the UK and Hong Kong markets yesterday (21st), involving a total of HKD299 million. Among ...

Posted on 22/08/2024

Debate breaks out as Hong Kong fencer reveals athletes’ expenses for overseas bouts

Foilist Ryan Choi says in online post some athletes face financial burdens as they pay their way to international competitions A Hong Kong fencer has sparked a debate on whether authorities should ...

Posted on 22/08/2024

AIA first-half profit jumps 53% amid mainland Chinese insurance-buying spree in Hong Kong

Asia’s largest insurer posted its best first-half profit in five years at US$3.31 billion and beat analysts’ estimates of US$3.27 billion.

Posted on 22/08/2024

7 executives of Hong Kong-listed company arrested over alleged HK$120 million fraud

Seven senior executives of a Hong Kong-listed company have been arrested in a joint operation by the city’s anti-corruption agency, securities regulator and Macau police for their alleged involvement ...

Posted on 22/08/2024

VP Bank closes Hong Kong branch and reduces staff

VP Bank has revealed that it will be concentrating on Singapore and discontinuing operations in Hong Kong. The Asia-Pacific area is still significant to the group, according to the bank's half year ...

Posted on 22/08/2024

How to Use ChatGPT in Hong Kong in 2024

Trying to use ChatGPT in Hong Kong? Learn how to bypass restrictions in Hong Kong with the best VPNs to access ChatGPT easily ...

Posted on 22/08/2024

{Block Trade}CM BANK (03968): 1.22m shares, or HK$40.85m

ET Net News Agency, 21 August 2024] A direct manual trade of 1.22 million shares of CM BANK (03968) was registered at 3:40p.m. The deal amounted to HK$40.85m, or at HK$33.425 per ...

Posted on 21/08/2024

Hong Kong Urban Renewal Authority’s US$1.54 billion bond issue gets strong response

as well as Sai Ying Pun and To Kwa Wan, during this financial year and the next. Underwriters of the bond issuance include Bank of China (Hong Kong), Crédit Agricole, HSBC, Standard Chartered and UBS.

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