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Tag: ipo

Posted on 09/04/2024

L’Occitane shares halted in Hong Kong as Blackstone said to prepare funds for privatisation bid

L’Occitane’s billionaire owner Reinold Geiger and Blackstone are nearing a deal to take the US$5.6 billion skincare company private, people familiar said. The stock is halted in Hong Kong pending an ...

Posted on 09/04/2024

Hong Kong Stock Market Needs More Steps to Boost Performance, John Lee Has Plans

Hong Kong’s leader John Lee announced on Monday that authorities were exploring additional measures to support the securities market in the Asian financial hub, which has been impacted by China’s ...

Posted on 09/04/2024

BOC Hong Kong (Holdings) Earning Potential Bolstered by Strong Loan Growth and Superior Asset Quality

DBS analyst Manyi Lu reiterated a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research Report) on March 31 and set a price target of HK$29.70. Manyi Lu has given his Buy rating due to a ...

Posted on 08/04/2024

Citibank Announces Janus Wu as Head of International Personal Bank for Hong Kong

HONG KONG SAR - Media OutReach Newswire - 8 April 2024 - Citibank today announced the appointment of Janus Wu as Head of International Personal Bank (IPB) for Hong Kong with immediate effect. In his ...

Posted on 08/04/2024

HKEX reaches out to Saudi, Indonesian companies in move to broaden IPO targets in emerging markets

IPOs may take time as some of these companies are required to be listed first in their home market, before they can pursue an offshore listing IPO approval time has shortened from 70 business days in ...

Posted on 08/04/2024

HK sees 30 percent fall in IPOs: Deloitte

Accounting firm Deloitte on Monday said the number of new firms listing in the SAR in the first quarter fell 30 percent year-on-year to 12, with a ...

Posted on 08/04/2024

IPO activity ‘lukewarm’ in Southeast Asia with 38 deals raising US$1.0 bil in 1Q2024: EY

The Americas, on the other hand, saw strong IPO activity with 52 deals raising US$8.4 billion in proceeds in 1Q2024, up 21% and 178% y-o-y. Each of the top seven deals during the period raised over ...

Posted on 08/04/2024

Bonnie Chan: HKEX (00388.HK) Has Reduced IPO Approval Times, But Room to Speed Up Still Exists

There have been criticisms that HKEX (00388.HK) is taking too long to approve IPOs. Bonnie Chan, CEO of HKEX, said the median approval time for main board listings in 2023 was significantly reduced ...

Posted on 08/04/2024

HSBC summit: Hong Kong’s heritage in ‘business of thriving’ is ‘not about to change’, John Lee tells global investors

I'm confident that as global investors, you can see the far-reaching promise of Hong Kong for yourself,' Chief Executive tells HSBC summit The government is committed to enhancing the city's markets, ...

Posted on 08/04/2024

Shimao Shares Fall After China Bank Files Liquidation Petition

Shimao Group shares fell sharply after a Chinese state-run bank filed a liquidation petition against the heavily indebted developer, adding uncertainty to a proposed restructuring of offshore debt.

Posted on 08/04/2024

Hong Kong leader says government considering more steps to boost stock market

Hong Kong's leader John Lee said on Monday the authorities were considering additional measures to bolster the securities market in the Asian financial hub, which has taken a hit from China's economic ...

Posted on 08/04/2024

Hong Kong stocks rise after US-China talks triggers cautious optimism, investors eye key data releases

Hong Kong stocks rose after US-China talks, described as ‘extensive and productive’ by US Treasury Secretary Yellen, triggered optimism. Key economic data releases will drive sentiment later in the ...

Posted on 08/04/2024

China property developer Shimao faces liquidation order from state-owned bank

By Scott Murdoch (Reuters) -Chinese property developer Shimao Group said on Monday that China Construction Bank (Asia) had filed a liquidation petition against it in Hong Kong over a financial ...

Posted on 08/04/2024

Hong Kong fund managers set up shop in Middle East finance centres to seize opportunities, talent

Infini Capital Management and Arte Capital have both set up offices in Abu Dhabi - and US$1 billion funds focused on Middle East opportunities Access to talent, low taxes and visa schemes are draws, ...

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