Shares of Tianqi Lithium Corp. fell as much as 9.2% in Hong Kong, following the largest share sale in the Asian financial hub this year.Most Read from BloombergFresh US Inflation Peak to Keep Fed on ... ( read original story ...)
IPO Update: Graphex Group
Graphex Group (GRFX) has filed proposed terms for an $8 million IPO. Read more to see why I'm on Hold for GRFX as an investment. ( read original story ...)
Hong Kong virtual bank launches digital wealth manager
GoWealth digital wealth advisory combines WeLab Bank's fintech strength with the investment expertise of Allianz Global Investors #hongkong ... ( read original story ...)
China tries to stem growing anger over frozen bank deposits
Chinese authorities will start refunding bank customers whose accounts have been frozen for months, following some of the biggest protests the country has seen since the start of the pandemic. ( read original story ...)
Bank customers demanding their money back staged China’s largest protest in years. The violent episode is the ‘tip of the iceberg’ of China’s looming banking crisis
A crackdown on bloated developers like Evergrande is likely to trickle down to local banks and customers who want to protect their life savings. ( read original story ...)
Tencent-Backed Soulgate Seeks To Get Its Groove On With Hong Kong IPO
Finally, it ditched the plan completely early last month. The June 30 filing for a Hong Kong IPO, therefore, has drawn much attention from investors for its ambition to be the first metaverse ... ( read original story ...)
Spicy Hotpot Chain Haidilao Weighs IPO of Overseas Unit
(Bloomberg) -- Haidilao International Holding Ltd., China’s largest hotpot restaurant chain, is considering listing of its overseas business in Hong Kong by way of introduction. Most Read from ... ( read original story ...)
Hang Seng Optimises Digital Business Banking Services To Help Enterprises Seize Opportunities In The Economic Rebound
HONG KONG SAR - Media OutReach - 12 July 2022 - Hang Seng Bank offers diversified commercial banking service solutions to meet the needs of Small and Medium Enterprises (SMEs) ... ( read original story ...)
China’s rural bank scandal has $300 bln tail risk
China’s small-bank crisis is far from over. On Monday authorities in Henan finally agreed to cover customer deposits that were frozen in April after getting caught in a possible fraud. It’s a ... ( read original story ...)
CICC investment banking head to take helm at broker Galaxy -sources
Ltd's investment banking head, Wang Sheng, is set to leave the bank to take over as the chief executive of smaller peer China Galaxy Securities, six people with direct knowledge of the matter said. ( read original story ...)
Hong Kong Bourse Predicted To Open Under Pressure On Tuesday
The Hong Kong stock market on Monday wrote a finish to the two-day winning streak in which it had advanced almost 140 points or 0.7 percent. The Hang Seng Index now sits just above the 21,120-point ... ( read original story ...)
HSBC launches campaign to celebrate prosperity of Hong Kong
HSBC Hong Kong has launched a brand-new campaign “Hong Kong inspired by the world” to highlight the diverse culture and prosperity of the city, by featuring concepts including food and beverage, ... ( read original story ...)
HSBC Buys back Nearly 3.09M Shrs in HK, London Ytd for $152M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.0893 million shares in London and Hong Kong yesterday (11th), involving a total of approximately HKD152 million. HSBC ... ( read original story ...)
Rainmed nets $19M in Hong Kong IPO debut
Rainmed Medical Ltd. raised HK$146 million (US$19 million) in an initial public offering in Hong Kong. Its shares debuted at HK$5.60 and dropped as much as 15.38% to close at HK$5.28 on July 8, 2022, ... ( read original story ...)