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Tag: ipo

Posted on 03/12/2024

HSBC plans to withdraw credit card operations in China

reported Reuters In October this year, HSBC Hong Kong became a direct participant in China's international payments system, thereby enhancing its position in trade finance as China seeks to promote ...

Posted on 02/12/2024

Cathay Pacific & HSBC Partner to Produce SAF in Hong Kong

Cathay Pacific, HSBC Hong Kong and EcoCeres join forces to support sustainable aviation fuel (SAF), driving airline decarbonisation in Hong Kong ...

Posted on 02/12/2024

Credit Agricole CIB bolsters Asia expansion from Hong Kong, undeterred by Trump trade war

French banking giant Credit Agricole CIB is committed to using Hong Kong as a base to expand its business in Asia, and those plans will not be affected by Donald Trump's plan to wage a trade war with ...

Posted on 02/12/2024

Makeup Artist Mao Geping Close To Billionaire Ahead Of Hong Kong IPO

The 60-year-old chairman of the company has amassed wealth of $830 million mostly based on a family stake in Mao Geping Cosmetics Co., according to Forbes estimates.

Posted on 02/12/2024

EY Foresees HK IPO Fundraising to Whop $120B in 2025, Likely to Return No.3 in World

Excluding MIDEA GROUP (00300.HK), which raised HKD35.67 billion, the average IPO capital raised this year was HKD758 million, up 11% YoY, but still at a relatively low position in recent years. EY was ...

Posted on 02/12/2024

Hong Kong Doubles This Year’s Deficit Forecast to $12.9 Billion

HONG KONG (Reuters) - Hong Kong is set to post a consolidated deficit of around HK$100 billion ($12.85 billion) for the fiscal year through March, more than twice originally forecast, the city's ...

Posted on 02/12/2024

Credit Agricole bolsters Asia expansion from Hong Kong, undeterred by Trump’s trade war

Bank has strong capability in yuan trading, green finance and infrastructure development, CEO Xavier Musca says French banking giant Credit Agricole CIB is committed to using Hong Kong as a base to ...

Posted on 02/12/2024

Shenzhen residents rush to secure multiple-entry visas to Hong Kong on first day

While finance chief expresses optimism over support scheme will bring to economy, others doubt any boost will happen soon.

Posted on 02/12/2024

Hong Kong think tank FSDC outlines measures to develop transition finance

Hong Kong’s Financial Services Development Council (FSDC), a government think tank, has released a report outlining recommendations on how to leverage the city’s financial muscle to develop transition ...

Posted on 01/12/2024

HK Finance Chief Expects 50% Jump in Airport Capacity by 2035

Hong Kong International Airport’s handling capacity will increase 50% by 2035, Financial Secretary Paul Chan said in his weekly blog. The city’s airport will be able to manage 120 million passengers ...

Posted on 30/11/2024

HSBC Holdings to kick off search for next chairman

Europe's biggest lender has hired headhunters to identify a successor to Mark Tucker, who will have held the role for nine years by the time he steps down in 2026, Sky News learns.

Posted on 30/11/2024

Hang Seng Bank Enhances Transaction Framework with HSBC

Hang Seng Bank (HK:0011) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks Premium - Now ...

Posted on 30/11/2024

Exclusive: HSBC pulling back from China credit card business after struggling to expand

HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy, ...

Posted on 30/11/2024

Hong Kong Plans To Exempt Hedge Funds, Private Equity Firms and the Super Rich From Paying Crypto Taxes: Report

Hong Kong is reportedly eyeing new tax policies that can help in its push to become a top finance and cryptocurrency hub.

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