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Tag: ipo

Posted on 20/05/2024

China Market Update: Hong Kong & Mainland China Climb The Great Wall Of Skepticism

Asian equities were largely higher despite the US dollar’s strength overnight though India was on holiday for election day.

Posted on 20/05/2024

Managing director of major mainland Chinese bank in Hong Kong sued by ex-employee for alleged sexual harassment

District Court writ claims woman banking high-flyer, hired from overseas, was assigned to a lesser role after she spurned managing director Alan Lai’s advances.

Posted on 20/05/2024

Beijing’s oppressive rule turned the tables for Hong Kong

Then Beijing went for changing the electoral system inviting huge protests. On April 29, 2024, the Hong Kong-based South China Morning Post wrote: “Chinese consumers are increasing their appetite for ...

Posted on 20/05/2024

Hong Kong retailers to accept digital yuan as e-CNY pilot expands

CNY would offer a secure and convenient method for residents of Hong Kong and the Mainland to conduct retail transactions across borders. As part of the expanded pilot program, he noted that Hong Kong ...

Posted on 20/05/2024

Chan Ka-keung Thinks Conditions for Launching IPO Connect are Not Present Yet

This is because IPO Connect would involve the regulatory regimes of both Hong Kong and the Mainland, which are quite different at present. Related News G Sachs: Potential Div. Tax Cut Strongly Bullish ...

Posted on 20/05/2024

HSBC HOLDINGS Buys back ~7.73M Shrs in Total Last Fri

HSBC HOLDINGS (00005.HK) repurchased 4.5356 million shares of the company in London last Friday (17th) at GBP6.895-6.992 per share, with an average price of GBP6.9559 per share, for a total of ...

Posted on 20/05/2024

Hong Kong stocks at 10-month highs after China’s property rescue measures

Sportswear maker Li Ning jumped 4.5 per cent to HK$23 while online travel agency Trip.com added 3.1 per cent to HK$452.20. The People Bank’s of China on Friday announced some of the most aggressive ...

Posted on 20/05/2024

Hong Kong’s family office measures succeed in attracting global interest: JPMorgan Private Bank

With tax and regulations on the top of the list for family offices, Hong Kong scores well in these areas, JPMorgan Private Bank's Paul Knox says Most of the interest is from the bank's clients in ...

Posted on 20/05/2024

{Block Trade}CM BANK (03968): 1m shares, or HK$38.52m

The deal amounted to HK$38.52m, or at HK$38.525 per share, 2.2% lower than previous close. CM BANK is now trading down 2.16% to HK$38.55, with 10.67 million shares of HK$414.7m ...

Posted on 20/05/2024

Australian investors snag Hong Kong bargains as share prices surge

Fund managers see opportunities, with Chinese authorities promising measures to stop a long-term outflow of money from one of Asia’s biggest stock markets.

Posted on 19/05/2024

Hong Kong finance secretary vows to even out economic recovery through better market conditions, boost to consumer confidence

Hong Kong’s economic fightback has had varying success across different sectors, despite an improvement in the property and stock markets after cooling measures were ditched, the financial minister ...

Posted on 19/05/2024

Hong Kong needs to start decarbonising its buildings. Here’s how

The EU’s net-zero plan for buildings is a good model. For a start, Hong Kong needs a mandatory energy label for buildings as a basis, and a combination of information, incentives and regulation to suc ...

Posted on 18/05/2024

How elaborate deepfake scam duped finance worker into paying out $25 million

The employee attended a video call with people he recognized as the chief financial officer and other corporate officers —  but who turned out to be deepfake creations.

Posted on 18/05/2024

Raytech Holding Limited Announces Closing of $6 Million Initial Public Offering

Raytech Holding Limited (the “Company” or “RAY”), a Hong Kong-headquartered company specializing in design, sourcing and wholesale of personal care electrical appliances for international brand owners ...

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