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Tag: ipo

Posted on 06/01/2024

Hong Kong Tennis Open: stage set for China’s Shang Juncheng after first semi-finalist confirmed

Teenager Shang will aim to prolong his remarkable Hong Kong Open adventure when he meets Frances Tiafoe on Centre Court.

Posted on 05/01/2024

Hong Kong Tennis Open: Rublev battles past powerful teen Fils, will face Shang in semi-finals

Andrey Rublev beats Arthur Fils 6-4, 1-6, 6-2 in enthralling encounter at Victoria Park, will now take on China’s latest young star Shang Juncheng.

Posted on 05/01/2024

For Hong Kong designer Nelson Chow, a disciplined approach drives both his career and financial success

The founder of NC Design and Architecture in Hong Kong answers the question of how he would spend HK$8 million, and also explains how financial stability allowed him to take risks that helped grow his ...

Posted on 05/01/2024

HK$2.29 billion in funding sought for Hong Kong baby bonus scheme, with number of births expected to rise by a fifth to 39,000 annually

Government is seeking Legco Finance Committee's approval for HK$2.286 billion in funding for Newborn Baby Bonus scheme Authorities project that from 2024-25, the number of births will increase by 20 ...

Posted on 05/01/2024

Hong Kong-based AI-driven company sells potential breast cancer drug in deal whose value could exceed US$500 million

Stemline Therapeutics, a wholly-owned unit of Menarini Group, will make a US$12 million upfront payment to Insilico under the agreement, which will be followed by sales royalties worth up to ‘double ...

Posted on 05/01/2024

Airport Authority Hong Kong to launch US$640 million retail bond, its first in 20 years, to finance third runway

The 4.25 per cent retail bond, with a tenor of 2.5 years, will make interest payments every three months Hong Kong residents will be able to subscribe in HK$10,000 increments at select banks and ...

Posted on 05/01/2024

Hong Kong’s first IPO of the year makes weak trading debut as RoboSense Technology shares drop in a tepid market

RoboSense lost as much as 3.5 per cent in its debut, falling to HK$41.50 in morning trade on Friday, down from its IPO price of HK$43, giving it a US$2.4 billion market capitalisation.

Posted on 05/01/2024

Airport Authority to issue HK$5 billion retail bonds

The Airport Authority on Friday announced plans to offer HK$5 billion in retail bonds to fund capital expenditures, including its third-runway ...

Posted on 05/01/2024

Airwallex sought way around Hong Kong anti-money laundering rules

The chief executive of the payments giant, backed by Tencent, asked staff if it was possible to “remove” a requirement of customer vetting, messages show.

Posted on 04/01/2024

Hong Kong Tennis Open: Rublev overcomes ‘stressful’ start to beat Broady and advance to quarter-finals

Top seed Andrey Rublev overcomes stubborn Briton Liam Broady to win second-round encounter at Victoria Park 6-4, 7-6, setting up last-eight clash with Arthur Fils.

Posted on 04/01/2024

HKBN Named as Official Network Partner of The Bank of China Hong Kong Tennis Open 2024

The Hong Kong, China Tennis Association ("HKCTA") and HKBN Group are excited to announce that HKBN has been appointed as the Official Network Partner for the Bank of China Hong Kong Tennis Open 2024 ( ...

Posted on 04/01/2024

Citi targets China investment bank unit launch, 30 new hires by end 2024-source

Citigroup Inc is aiming to launch its wholly owned China investment banking unit as early as the end of this year and hire about 30 people for the business, a person with direct knowledge of the ...

Posted on 04/01/2024

Hong Kong Tennis Open: Frances Tiafoe expects strong support for China’s Shang Juncheng in quarter-final

Frances Tiafoe says the Victoria Park spectators, who have given Shang Juncheng vocal backing, ‘should be behind him, and I hope they are’ ahead of Friday’s quarter-final.

Posted on 04/01/2024

Hong Kong will seek support of mainland China to expand scale of cross-border data coming into city, Paul Chan says

City to explore possibility of introducing platform where information can be traded and framework on guidelines for good data governance, Financial Secretary Paul Chan says Greater access to mainland ...

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