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Tag: ipo

Posted on 18/02/2025

HSBC, Standard Chartered may post bumper 2024 profits this week, helped by wealth demand

Both lenders may announce a new round of share buy-backs, with HSBC at US$2 billion and Standard Chartered at US$1 billion, matching last year, analysts said HSBC and Standard Chartered Bank are ...

Posted on 18/02/2025

18 Hong Kong banks join forces to help SMEs weather financial storm

Banks agree to join the customer financial arrangements negotiation mechanism to help resolve funding difficulties.

Posted on 17/02/2025

J.P. Morgan Sticks to Its Buy Rating for BOC Hong Kong (Holdings) (BNKHF)

In a report released on February 14, Jemmy S. Huang from J.P. Morgan maintained a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research ...

Posted on 17/02/2025

Standard Chartered, HKT, Animoca to form JV for HK dollar-backed stablecoin

Standard Chartered Plc said on Monday its Hong Kong banking division, Animoca Brands and HKT will establish a joint venture to apply for a license from the Hong Kong Monetary Authority for issuance of ...

Posted on 17/02/2025

HSBC lays off about 40 bankers in Hong Kong

HSBC Holdings is letting go of almost 40 investment bankers in Hong Kong, including four managing directors, according to people familiar with the matter.

Posted on 17/02/2025

HSBC investors back CEO’s investment banking retrenchment

By Sinead Cruise, Lawrence White and Selena Li LONDON/HONG KONG (Reuters) - Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald ...

Posted on 17/02/2025

‘Hong Kong deficit woes won’t stop funding of Northern Metropolis with bonds’

Finance chief says city will fund megaproject in New Territories by issuing bonds, citing study showing Hong Kong’s debt level is low.

Posted on 17/02/2025

UK Held Hong Kong Finance Talks as Democracy Trials Unfolded

The UK stepped up private discussions to deepen financial services ties with Hong Kong, people familiar with the matter said, even as democracy advocates were being jailed there last year.

Posted on 16/02/2025

Hong Kong to press on with Northern Metropolis despite deficit woes: Paul Chan

Finance chief says city will fund megaproject in New Territories by issuing bonds, citing study showing Hong Kong’s debt level is low.

Posted on 15/02/2025

Chinese spatial design firm Manycore Tech files for IPO in Hong Kong

Manycore and DeepSeek are part of a group of start-ups, called ‘Six Little Dragons’, that have bolstered the tech-hub status of Hangzhou.

Posted on 15/02/2025

Pandas are pretty, but don’t expect them to solve Hong Kong’s financial woes

It appears – though the numbers published vary a bit – that our government is bleeding money on such a scale that the reserves will be run down in five or six years, placing us in the same boat as all ...

Posted on 14/02/2025

HSBC to unveil $1.5 billion of annual cost savings on February 19, FT reports

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring initiatives, the Financial Times reported on Thursday.

Posted on 14/02/2025

Hong Kong’s market watchdog reviews 8 brokerages amid IPO oversubscription frenzy

SFC monitoring brokerages with respect to their risk management of margin financing for new stocks, CEO Julia Leung says.

Posted on 14/02/2025

Hong Kong’s financial chief shows cautious optimism about stock market

HONG KONG -- Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, on Thursday expressed cautious optimism about the Hong Kong stock market this year and ...

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