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Tag: ipo

Posted on 17/05/2024

{Block Trade}HSBC HOLDINGS (00005): 2m shares, or HK$140m

The deal amounted to HK$140m, or at HK$70 per share, 1.5% higher than previous close. HSBC HOLDINGS is now trading up 1.52% to HK$70, with 22.68 million shares of HK$1.58b ...

Posted on 16/05/2024

B&K Corp Seeks IPO To Keep Its Slow-Developing Drugs Alive

B&K lost nearly 200 million yuan in the past two years, as its administrative expenses exceeded its R&D spending The drug maker’s president, who is also the founder’s son, has previous experience main ...

Posted on 16/05/2024

HANG SENG BANK’s Diana Cesar: Sustained High Interest Rate May Affect Desire to Buy Home

As of December 2023, home mortgage loans accounted for 40% of HANG SENG BANK's total loans, with very low delinque... HANG SENG BANK (00011.HK) +3.900 (+3.618%) Short selling $75.75M; Ratio 23.302% ...

Posted on 16/05/2024

‘Green finance to help HK develop hydrogen energy’

A think tank on Thursday said Hong Kong, being an international financial hub, can speed up the development of hydrogen energy through green ...

Posted on 16/05/2024

1997: Hong Kong handed over to Chinese control

July 1997, Hong Kong is handed back to the Chinese authorities, ending more than 150 years of British control. The UK had controlled Hong Kong island since 1842, apart from a brief period during World ...

Posted on 16/05/2024

Hong Kong to launch first breastmilk bank next year to aid 600 infants annually

Hong Kong will launch its first breastmilk bank early next year, helping up to 600 premature or severely ill infants who cannot be fed by their biological mothers annually. The Hospital Authority ...

Posted on 16/05/2024

DBS Hong Kong and Sanfield Pave the Way for Green Construction with a Pioneering Sustainability-linked Supplier Payment Services Program

First of its kind in Hong Kong's construction industry to drive ESG initiativesHONG KONG SAR - Media OutReach Newswire - 16 May 2024 - DBS Bank (Hong Kong) Limited ("DBS Hong Kong") and Sanfield ...

Posted on 16/05/2024

HSBC Asset Management Makes Series of Executive Appointments in Asia, Creates New HK CEO Role

HSBC Asset Management announced a series of personnel appointments. Of which, HSBC Global Asset Management (Hong Kong) will create a new Chief Executive Officer (CEO) position in H... HSBC Asset ...

Posted on 16/05/2024

Hong Kong’s Financial Empire Faces Critical Turning Point as Chinese Power Increases

Hong Kong, once a financial beacon, now faces challenges with a slipping global ranking and stringent Chinese controls on cross-border money flows.

Posted on 16/05/2024

Hong Kong’s history as espionage hotbed is back in spotlight after duo arrested in UK. The Post shares portraits of past spies

Hong Kong’s loose visa requirements and lack of espionage laws before 2024 meant city was previously an ideal location for collecting and exchanging sensitive information.

Posted on 16/05/2024

{Block Trade}HSBC HOLDINGS: 500k shares, or HK$35.16m

The deal amounted to HK$35.16m, or at HK$70.325 per share, 0.9% higher than previous close. HSBC HOLDINGS is now trading up 0.86% to HK$70.3, with 10.2 million shares of HK$715.71m ...

Posted on 16/05/2024

Hong Kong’s Financial Empire Faces Critical Turning Point as Chinese Power Begins to Fade

Once a financial beacon, Hong Kong now finds itself shadowed, ranked fourth by the Global Financial Centers Index and demoted to ninth by the EIU for its business ecosystem. In the midst of deciding ...

Posted on 16/05/2024

Mastercard and Standard Chartered Bank Hong Kong tests tokenised deposits

Mastercard (NYSE: MA) and Standard Chartered Bank Hong Kong (SCBHK) have successfully completed the first live test of tokenised deposits using blockchain technology within Hong Kong’s fintech sandbox ...

Posted on 15/05/2024

Raytech Holding Limited Announces Pricing of Its Initial Public Offering

Raytech Holding Limited (the “Company” or “RAY”), a Hong Kong-headquartered company specializes in design, sourcing and wholesale of personal care electrical appliances for international brand owners, ...

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