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Tag: ipo

Posted on 17/04/2024

Morgan Stanley to cut around 50 investment banking jobs in Asia-Pacific, sources say

Morgan Stanley is cutting around 50 investment banking jobs in the Asia-Pacific region due to a deals slump, sources with knowledge of the matter said. Investment bankers based in Hong Kong and ...

Posted on 17/04/2024

OSL announces potential April debut for Hong Kong Bitcoin ETFs

Hong Kong-based asset managers like China Asset Management (ChinaAMC) may soon be involved in introducing their spot Bitcoin exchange-traded funds (ETFs). According to Patrick Pan, head of OSL, the ...

Posted on 17/04/2024

Alchemy Pay Chooses Hong Kong as a Strategic Market for Cryptocurrency

Alchemy Pay, an undeniable pioneer in the crypto payment sector, has recently designated Hong Kong as the strategic center of its expansion projects outside of China which literally means a broadening ...

Posted on 17/04/2024

Hong Kong’s ‘Mind Boggling’ Journey to Bitcoin and Ether ETFs

OSL Executive Director and Head of Regulatory Affairs, Gary Tiu, weighs in on the state of spot bitcoin and ether ETFs in Hong Kong and how long it will take for the products to reach the final stage ...

Posted on 17/04/2024

Property developer Times China faces winding-up petition filed by Hang Seng Bank in a Hong Kong court

Debt-laden developer Times China Holdings is faced with a winding-up petition as it becomes the latest property company creditors are seeking to liquidate.

Posted on 16/04/2024

CVC Capital, the private equity giant behind Six Nations and LaLiga, plans to launch $1.3 billion IPO in Amsterdam after past delays

The firm, cofounded by four finance professionals as an arm within Citigroup over 40 years ago, has soared to become Europe’s top private equity group.

Posted on 16/04/2024

Ex-Hong Kong leader Carrie Lam needs office costing HK$9 million annually to match status, admin chief tells sceptical lawmakers

No suitable government premises available when Lam finished her term as leader, Director of Administration Millie Ng tells lawmakers Following the end of Lam's five-year term in 2022, the government ...

Posted on 16/04/2024

Bitcoin and Ethereum ETFs are predicted to be launched in Hong Kong

Similarly, Bosera Capital and Harvest Global Investments announced the approval of their applications for Bitcoin and Ethereum spot ETFs. However, these announcements have been removed as of the ...

Posted on 16/04/2024

HSBC lays off at least a dozen Asia dealmakers amid weaker activities, sources say

HSBC is laying off more than a dozen of its investment banking staff in Asia as dealmaking in the region slows, three people with knowledge of the matter told Reuters on Tuesday. Bankers in Hong Kong ...

Posted on 16/04/2024

Hong Kong’s bitcoin, ether ETFs seen as attractive to Asian buyers, but ‘child’s play’ compared with scale of US market

The Asian finance hub's upcoming spot cryptocurrency ETFs could attract regional investors who do not want to bother with US accounts and tax forms, experts say Hong Kong is the first major financial ...

Posted on 16/04/2024

HSBC cuts a dozen Asia dealmakers, source says

HSBC is laying off around a dozen of its Asia investment banking staff, a person with knowledge of the matter told Reuters on Tuesday.

Posted on 16/04/2024

Hong Kong lawmakers slam HK$3.75 million monthly bill for 6 Covid isolation facilities on standby

Monthly expenditure on six standby facilities covers electricity and maintenance costs, as well as charges for security services from contractors.

Posted on 16/04/2024

Times China faces winding-up petition filed by Hang Seng Bank in a Hong Kong court

Debt-laden developer Times China Holdings is faced with a winding-up petition as it becomes the latest property company creditors are seeking to liquidate.

Posted on 16/04/2024

Hong Kong could become Asia’s crypto hub with Bitcoin and Ethereum ETFs

After the weekend's volatility due to the increasing conflict in the Middle East, crypto saw some positive news coming from Hong Kong yesterday. Bitcoin and Ethereum spot exchange traded fund (ETF) ...

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