Tag: ipo

Midea Group is seeking to raise up to US$3.46 billion with an IPO, which would be one of the city’s biggest new-share sales in about three years.

By Scott Murdoch (Reuters) -Chinese home appliance maker Midea Group on Monday launched a share offering of about HK$26.97 billion ($3.46 billion) in Hong Kong, according to its filings, in the city's ...

The bank has over 800,000 users in the city. ZA Bank, one of Hong Kong’s digital banks, has reached monthly net profitability four years after its launch. This makes it the first of Hong Kong’s eight ...

Financial Secretary Paul Chan says mega events will give business travellers sightseeing opportunities as they head to international summits.

Jihong Technology’s revenue fell 21.7% in the first half of this year to 2.45 billion yuan, while its profit plunged 62% to 66 million yuan The company, which has filed for a Hong Kong IPO, gets about ...

Asian equities were largely lower as Thailand and Taiwan outperformed while India was a rare underperformer.

HONG KONG (Reuters) - The former investment banking head of one of China's largest securities firms Haitong Securities has been arrested, the latest high-profile banker targeted during China's ...

JPMorgan named Kwang Kam Shing as its new Hong Kong CEO, taking over for Harshika Patel, who will remain as head of the firm's Asia Private Bank. Kwang will report to Sjoerd Leenart, the Asia-Pacific ...

The head of the NSW casino regulator revealed Chow Tai Fook Enterprises attempted to become a majority shareholder in The Star but backed off after learning the probity checks it would have to undergo ...

Hong Kong is increasingly turning to green bonds as a key strategy to finance its rising infrastructure costs, which are expected to peak in the coming years. The city has already issued approximately ...

Midea Group's Hong Kong IPO is about to take place. The company is rumoured to raise about US$4 billion in the offering, equivalent to about HK$31.2 billion, making it the largest IPO of the year.

Hi, it’s Will Davies in Hong Kong, where our reporters have been tracking what is set to be the biggest listing by a Chinese company in two years—providing a nice boost to the city’s IPO market. Also ...

Hong Kong is expected to scrap trading of its $4.9 trillion stock market on Friday as the city extends a storm warning due to Super Typhoon Yagi, which skirted the region overnight toward southern ...

Hong Kong-based Hang Seng Bank has appointed Derek Ngai as its head of audit, effective October 7. Ngai will be succeed Jennifer Zhou, who will complete her six-year tenure at Hang Seng Bank on ...