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Tag: ipo

Posted on 03/06/2024

Citi Launches First-in-Hong Kong Citigold Private Client World Elite Debit Mastercard

HONG KONG SAR - Media OutReach Newswire - 3 June 2024 - Citi introduces the exclusive Citigold Private Client World Elite Debit Mastercard, the first-in-Hong Kong and highest tier of its kind offered ...

Posted on 03/06/2024

Hong Kong IPO: GEM board welcomes its first small-firm listing in 3 years as UBoT soars 36% in trading debut

Hong Kong-based firm's shares rose as much as 36 per cent from its offer price on the first day of trading on Monday UBoT raised HK$68.75 million from its IPO, with the public tranche oversubscribed 2 ...

Posted on 03/06/2024

Hong Kong Stocks Surge Amid European Rate Cut Prospects

Hong Kong stocks climbed significantly on Monday, with the Hang Seng index marking its best day in over three weeks, driven by expectations of a rate cut in Europe. Mainland China shares dipped ...

Posted on 03/06/2024

Hong Kong police issue warning as more fake banknotes enter circulation

Police seized 3,396 fake notes of various denominations between January and April. Read more at straitstimes.com.

Posted on 03/06/2024

Hong Kong’s Paul Chan dismisses call to count residential properties as assets under capital-attracting entrant scheme

Hong Kong’s finance chief has dismissed a proposal to count residential properties as investments under a revised entrant scheme despite house prices stabilising, citing the sensitivity of such assets ...

Posted on 03/06/2024

Analysis-Red tape clogs China’s offshore IPO pipeline even as markets recover

More than a year after China pledged to smoothen the process for offshore listings, firms are reeling from a regulatory logjam that is unlikely to ease soon, and staring at the prospects of sharply ...

Posted on 03/06/2024

HSBC Buys back 5.55M+ Shrs for HKD383M in Total Last Fri

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 5.5526 million shares of the company for a total amount of HKD383 million last Friday (31 May) in the UK and Hong ... HSBC HOLDINGS ...

Posted on 03/06/2024

After Crackdown on Hong Kong, Overseas Communities Carry the Torch to Keep Tiananmen Memories Alive

After Crackdown on Hong Kong, Overseas Communities Carry the Torch to Keep Tiananmen Memories Alive HONG KONG (AP) — As the 35th anniversary of Beijing’s Tiananmen Square crackdown neared, Rowena He, ...

Posted on 03/06/2024

Red tape clogs China’s offshore IPO pipeline even as markets recover

At least $20 billion worth of Chinese firms' Hong Kong IPO proposals have been awaiting approval for months, according to Reuters calculations. Bankers close to those deals say most of the sizable ...

Posted on 02/06/2024

Hong Kong finance chief Paul Chan calls for more ‘open interactions’ and tech collaboration between China, US bay areas

Hong Kong finance chief sums up four-day trip to the United States in weekly blog 'Pragmatic topics' such as carbon markets, sustainable finance and talent development are good starting points for ...

Posted on 02/06/2024

Hong Kong asylum seekers returning to blaze-hit New Lucky House denied aid over lack of ID cards

Asylum seekers say they did not receive financial and other help given to New Lucky House fire victims Some help agencies say they provided aid regardless of whether victims had Hong Kong identity ...

Posted on 02/06/2024

Sunlit Sky: Hong Kong Police Crack Down on Money Laundering Syndicate: 67 Arrested

In a significant crackdown on financial crimes, Hong Kong police have arrested 67 individuals involved in a money laundering syndicate. Operation Sunlit Sky revealed an alarming trend of targeting non ...

Posted on 02/06/2024

Hong Kong police seize counterfeit banknotes with face value of HK$2.55 million, advise public to be on alert

Fake notes are 'poorly made and easy to spot', with HK$1,000 ones most common counterfeits seized Cryptocurrency exchange victims report big losses, but crooks also target convenience stores and ...

Posted on 02/06/2024

How crypto can help restore Hong Kong’s financial glory

As more financial regulators embrace fintech, Hong Kong is playing a pioneering role in launching digital asset exchange-traded funds. The city’s reasonable approach to regulation and innovation can a ...

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