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Tag: ipo

Posted on 24/03/2024

PING AN (02318.HK) Subsidiary Ping An Bank Logs Profit of RMB46.455B in 2023, Up 2.1%

PING AN (02318.HK) announced the 2023 annual results of its subsidiary PING AN BANK (000001.SZ).The bank's operating revenue was RMB164.7 billion, down 8.4% YoY. Net profit att... During the year, ...

Posted on 24/03/2024

RMB471.5M Net Inflow to PING AN BANK from Northbound Trading of SZ-HK Connect

For Northbound Trading of Shanghai-Hong Kong Stock Connect, the most active stocks with net inflow in pecking order were HENGRUI PHARMA (600276.SH) (RMB359.7 million), SERES (60112... At close, ...

Posted on 23/03/2024

Didi Global’s Revenue Jumps Ahead of Planned Hong Kong IPO

Didi Global Inc.’s fourth-quarter revenue rose 55% from a year earlier, sustaining the Chinese ride-hailing leader’s gradual recovery ahead of a planned listing in Hong Kong this year.

Posted on 23/03/2024

HSBC celebrates longstanding relationship between Bangladesh and China

The Hongkong and Shanghai Banking Corporation Limited (HSBC) recently hosted ‘Bangladesh-China Business Connections’ event bringing Chinese businesses, institutions together to celebrate the long ...

Posted on 23/03/2024

Hi Sun Technology (Hi Sun) Product Launch: Financial Technology Innovation, Empowering the Future of Banking

HONG KONG SAR - Media OutReach Newswire - 23 March 2024 – Hi Sun is one of the earliest core banking system suppliers in China with independent intellectual property rights. It has been dedicated to ...

Posted on 23/03/2024

Didi Global’s Revenue Jumps Ahead of Its Planned Hong Kong IPO

Didi Global Inc.’s fourth-quarter revenue rose 55% from a year earlier, sustaining the Chinese ride-hailing leader’s gradual recovery ahead of a planned listing in Hong Kong this year.

Posted on 23/03/2024

Hong Kong’s new national security law comes into force

The law took effect days after Hong Kong's pro-Beijing lawmakers passed it unanimously, fast-tracking legislation to plug what authorities called national security loopholes.

Posted on 23/03/2024

BOC Aviation Completes Repossession Of Russian AirBridgeCargo Boeing 747s

AirBridgeCargo in Russia at the start of the full-scale invasion of Ukraine. The last aircraft, a nine-year-old 747-8F, flying with its Bermudan registration of VQ-BFU, arrived at Shanghai’s Pudong ...

Posted on 22/03/2024

Hong Kong stocks jump after US Federal Reserve’s dovish signals, property sector outperforms on rate cut hopes

Hong Kong stocks made a firm start after the US Federal Reserve’s dovish outlook brightened the prospects of lower funding costs in the months ahead.

Posted on 21/03/2024

Hong Kong central bank flags e-HKD investment scams

The Hong Kong Monetary Authority (HKMA) has issued a public warning about certain organizations. These groups falsely claim an association with its e-HKD pilot projects. The central bank’s advisory ...

Posted on 21/03/2024

Group allegedly financed by Hong Kong media mogul Jimmy Lai prepared ‘sanctions list’ for US, court hears

An activist group allegedly financed by media mogul Jimmy Lai prepared a list of proposed sanctions targets – including Hong Kong’s leader and top officials – which was intended for presentation to ...

Posted on 21/03/2024

Hong Kong tycoon Victor Li says city must do whatever it takes to maintain financial hub status

There are only a few [international financial centres], and Hong Kong is one of them. It is hard-won. We must not lose this place,' CK Hutchison and CK Asset chairman says CK Hutchison posted a 9 per ...

Posted on 21/03/2024

Hong Kong holds base rate at 5.75% after Fed’s unanimous vote to keep watching for signs of slowing US inflation

Hong Kong kept its key interest rate unchanged in lockstep with the Federal Reserve’s overnight decision, as sticky US inflation forced global investors to push back bets on a rate cut to mid-June.

Posted on 21/03/2024

Hong Kong Central Bank Raises Red Flag on Deceptive Digital Currency Trial Entities

Hong Kong's central bank cautioned the public Wednesday about schemes falsely claiming association with its e-HKD pilot projects.

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