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Tag: ipo

Posted on 10/04/2024

Central government’s top Hong Kong official tells city not to be dispirited over economy and that boosts from Beijing are in the pipeline

Zheng Yanxiong, the director of the central government's liaison office, says Hong Kong should stick to its 'superconnector' role to ensure economic growth He adds at closed doors meeting with Hong ...

Posted on 09/04/2024

HSBC to accelerate China wealth expansion, on track to meet hiring target

HSBC plans to accelerate the expansion of its wealth business in China despite economic headwinds and is on track to nearly double its headcount by next year, its global wealth head said, as the ...

Posted on 09/04/2024

HSBC summit: digital assets market at ‘tidal point’, Hong Kong best placed to drive it forward, bank’s global strategy head says

Hong Kong has entered the next phase of its digital-assets development, which is to achieve benchmark liquidity in the primary and secondary markets, according to HSBC’s global head of digital assets ...

Posted on 09/04/2024

HSBC summit: Hong Kong’s financial ecosystem is robust, resilient and unwavering, HKMA’s Eddie Yue and SFC’s Julia Leung say

Look at the facts. Hong Kong's ecosystem is robust,' Eddie Yue says during fireside chat Summit shows HSBC's belief that Hong Kong is a dynamic hub for capital, business and opportunity: SFC's Leung ...

Posted on 09/04/2024

Manyi Lu Recommends ‘Buy’ on BOC Hong Kong Citing Solid Performance and Growth Potential Despite NPL Increase

DBS analyst Manyi Lu has reiterated their bullish stance on BNKHF stock, giving a Buy rating on April 2. Manyi Lu has given his Buy rating due ...

Posted on 09/04/2024

HKMA CEO says Hong Kong considering ‘deepening’ some connect schemes with China

Hong Kong Monetary Authority (HKMA) is considering deepening some investment connection schemes between the city and mainland China, CEO Eddie Yue said on Tuesday. Yue told the HSBC Global Investment ...

Posted on 09/04/2024

Hong Kong capital investment scheme’s 50 applications received in a month is sign of ‘strong confidence’ from the wealthy: government

InvestHK says it received 1,600 inquiries since its launch on March 1, with 70 per cent coming from professional service providers Authorities are expecting up to 4,000 people to join the scheme ...

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 ...

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