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Tag: ipo

Posted on 19/02/2024

Chinese Car Rental Firm eHi Weighing $300 Million US IPO, Sources Say

(Bloomberg) -- eHi Car Services Ltd., a Shanghai-based car rental company, is considering a return to the US capital market with an initial public offering that may raise about $300 million as soon as ...

Posted on 19/02/2024

Hang Seng Research Underlines the Need for Sandwich Generation to Grow Their Retirement Funds

Demand for Generating Stable Passive Income Favoured by Over 80% of Respondents HONG KONG, Feb. 19, 2024 /PRNewswire/ -- Hong Kong's 'Sandwich Generation' – those supporting both elders and children – ...

Posted on 19/02/2024

Hong Kong sees GBA boost to green tech, finance ambitions

Hong Kong is stepping up collaboration with its sister cities in the Greater Bay Area (GBA) to strengthen its position as an international green technology and financial centre.

Posted on 19/02/2024

Chinese Car Rental Firm eHi Is Said to Weigh $300 Million US IPO

(Bloomberg) -- eHi Car Services Ltd., a Shanghai-based car rental company, is considering a return to the US capital market with an initial public offering that may raise about $300 million as soon as ...

Posted on 19/02/2024

Citi appoints Joy Cheng as Head of Citi Commercial Bank for Hong Kong

The issuer is solely responsible for the content of this announcement.

Posted on 19/02/2024

GBA at 5: HSBC, Bank of East Asia among Hong Kong lenders cranking up Qianhai presence with eye on growth opportunities

HSBC's new Qianhai offices will open later this year, while Bank of East Asia's US$194.6 million office tower was launched in January Hong Kong is a big contributor and had invested US$4.9 billion in ...

Posted on 19/02/2024

GBA@5: HSBC, Bank of East Asia among Hong Kong lenders cranking up Qianhai presence with eye on growth opportunities

Qianhai’s tax incentives are among measures that have attracted major Hong Kong banks to invest in grade-A office buildings, and to develop a wide range of banking, securities and insurance businesses ...

Posted on 19/02/2024

Money matters: how financial literacy lessons can help Hong Kong youth learn responsible habits to last a lifetime

As local primary and secondary schools will soon incorporate money management into their curriculum, experts and students explain why this move is crucial.

Posted on 19/02/2024

Hong Kong depositors can rest easier with new rules

In a confidence-boosting measure, Hong Kong banks will later this year guarantee that HK$800,000 per depositor is fully protected, up from the current HK$500,000 The savings safety net is about to be ...

Posted on 18/02/2024

Pacific Century Group downplays FWD stake sale, says IPO will come at ‘opportune time’

FWD Group, a Hong Kong-based insurance business controlled by Richard Li Tzar-kai, said Li would maintain his control of the company amid speculation it was considering a potential stake sale.

Posted on 18/02/2024

Hong Kong and other Greater Bay Area cities pledge even more cooperation as Beijing’s cross-border powerhouse plan marks fifth anniversary

Stronger links are being forged between the financial sectors in Hong Kong and other Greater Bay Area cities, the city's Financial Secretary Paul Chan Mo-po and a mainland provinc ...

Posted on 18/02/2024

SAR can become major green tech, finance hub: FS

Financial Secretary Paul Chan on Sunday said Hong Kong has the potential to become an international hub for green technology and finance, which he ...

Posted on 18/02/2024

Hong Kong customs arrests seven for laundering US$1.8bil

Hong Kong customs officials have arrested seven people suspected of being involved in a syndicate that allegedly laundered HK$14 billion (US$1.8 billion) using shell companies and “stooge” bank ...

Posted on 17/02/2024

Axe all Hong Kong’s property cooling measures to boost sluggish market, political heavyweights and economists tell authorities ahead of budget

Four of city's top political parties call on finance chief Paul Chan to roll back property curbs, arguing partial easing last October didn't trigger feared soaring housing prices 'Scrapping all the ...

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