Tag: ipo

The fast fashion giant reported a more than 56% profit gain in 2024 compared to 2023 in the UK. It also nearly tripled its headcount in the country.

Slim prospects for a near-term revival in commercial property and fewer sources of raising fresh capital mean more developers will struggle to meet repayments.

As Africa’s economic ties with China deepen, high net worth individuals on the continent are exploring new opportunities to manage their wealth. Hong Kong, as part of China yet distinct in its legal ...

HONG KONG (Reuters) -Hong Kong's debt-laden developers and their creditors are set to face intensifying financial pressure as bond maturities are slated to jump by nearly 70% next year amid falling ...

The latest announcement is out from HSBC Holdings ( (GB:HSBA) ).

Hong Kong developers face mounting financial pressure as bond maturities rise nearly 70% next year. Falling property values and limited capital access threaten economic stability. Road King's bond ...

Hong Kong's debt-laden developers and their creditors are set to face intensifying financial pressure as bond maturities are slated to jump by nearly 70% next year amid falling sales and valuations ...

Klook, a travel booking services company, has hired investment banks to help arrange a potential initial public offering in the U.S., according to two people with knowledge of the matter. The Hong ...

A report from the Hong Kong Economic Journal quotes the director of commercial and customer services at HSBC-owned Hang Seng Bank as saying that while licensed crypto companies can open a bank ...

Such disposals will up the pressure on lenders. For instance, the $30 billion Hang Seng Bank (0011.HK) - majority-owned by HSBC - has 36% of its book allocated to Hong Kong properties.

HONG KONG/SHANGHAI, Feb 16 (Reuters) - HSBC (HSBA.L) plans to tighten risk management at Hong Kong unit Hang Seng Bank (0011.HK) due to worries about a potential rise in bad loans amid growing ...

By Sumeet Chatterjee, Engen Tham and Selena Li HONG KONG/SHANGHAI, Feb 16 (Reuters) - HSBC HSBA.L plans to tighten risk management at Hong Kong u nit Hang Seng Bank 0011.HK due to worries about a ...

A Hong Kong court began hearing final arguments Monday in the landmark national security trial of former pro-democracy newspaper founder Jimmy Lai, who could be sentenced to up to life in prison if he ...

HKMA wants banks to train their staff to plug the talent gap instead of poaching them from their rivals Hong Kong lenders were expected to face a talent shortage in AI, green finance and expertise ...