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Tag: ipo

Posted on 11/05/2024

70 ‘extraordinary’ Hong Kong buildings and urban spaces designed by local architects feature in new book Untold Stories

Seventy local buildings and urban spaces designed by Hong Kong architects are celebrated in Raymond Fung’s Untold Stories: Hong Kong Architecture, with a focus on public amenities.

Posted on 11/05/2024

China Market Update: Hong Kong Gains, Zeekr Files For US IPO, Week In Review

Asian equities were mixed but generally higher overnight as Hong Kong, Taiwan, and Japan outperformed while the Philippines and Malaysia closed lower.

Posted on 11/05/2024

China’s Ping An sells HSBC shares in US$50 million tantrum after reported protest vote against CEO Noel Quinn

Insurer has sold about 5.6 million HSBC shares, reducing its stake in the lender to 7.98 per cent from 8.01 per cent, according to an exchange filing Move comes days after reports that Ping An voted ...

Posted on 11/05/2024

Hong Kong stocks rise to 8-month highs after China property relief, high dividend-yielding stocks in focus

Economic optimism boosts Hong Kong stocks with growing hopes of US interest cuts providing an additional tailwind.

Posted on 10/05/2024

Senior departures at HSBC Asset Management prompt new appointments

HSBC Asset Management made several senior appointments as two leaders departed, and an interim Hong Kong CEO was named, the firm said in a statement on May 10. Brenda Wong, the Hong Kong-based head of ...

Posted on 10/05/2024

China’s Zeekr prices US IPO at top of range to raise $441 million

By Echo Wang and Scott Murdoch NEW YORK (Reuters) -Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial public offering (IPO) at the top of its indicated range, raising ...

Posted on 10/05/2024

HSBC Asset Management names senior executives in Asia

HSBC Asset Management has announced senior appointments as it continues to scale up its presence in Asia. From left: Masayuki Kaneko, Jasmine Hung and Chris Lin.

Posted on 10/05/2024

Hong Kong’s millionaires have decreased by 4%, while Singapore’s increase by 64%

World’s Richest Cities Report from Henley & Partners has highlighted one aspect... The post Hong Kong’s millionaires have decreased by 4%, while Singapore’s increase by 64% appeared first on The Indep ...

Posted on 10/05/2024

MoneyHero Study Shows Inquiries for Urgent Loans in Hong Kong Almost Doubled in Post-Pandemic Era

MoneyHero study casts a spotlight on personal loan trends in Hong Kong, analysing organic traffic data and applications through the MoneyHero platform that manages approximately 1.4 million monthly ...

Posted on 10/05/2024

Exclusive-China’s Zeekr prices US IPO at top of range to raise $441 million, source says

Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial public offering (IPO) at the top of its indicated range on Thursday, raising $441 million, a person familiar with ...

Posted on 10/05/2024

Saudi Tadawul rates HKEX highly, saying it has ‘learned a lot’ from the Hong Kong bourse operator

The Saudi stock exchange will weigh its reforms against the likes of the Hong Kong stock exchange as it bids to become a leading global capital market, Tadawul Group’s Nayef Al-Athel says.

Posted on 10/05/2024

New name for Hong Kong virtual banks to boost trust

That is the main reason the Hong Kong Monetary Authority plans to replace the term “virtual bank” with “licensed digital bank”. A month-long consultation has been launched. People have long been ...

Posted on 10/05/2024

No ulterior motives for Jimmy Lai’s HK$500 million loan to media firm Next Digital when it was unprofitable, witness tells Hong Kong court

Royston Chow, former Next Digital chief financial officer, says it was not ‘very common’ for shareholder to lend substantial amount of money to company such as Lai’s.

Posted on 09/05/2024

China Market Update: Hong Kong & Mainland China Rally Rebounds On Trade Data & Home Buying Restrictions Cancelled

Asian equities were overall lower overnight as Mainland China and Hong Kong outperformed while South Korea, Australia, India, and the Philippines underperformed, falling by more than -1%. Meanwhile, ...

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