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Tag: ipo

Posted on 20/11/2023

Hong Kong stocks edge up, extending last week’s gain, as Beijing signals support for property developers’ financing efforts

Hong Kong stocks rose, extending last week’s gain, after Chinese regulators said they would support financing activities by property developers, adding to optimism about a stabilisation of economic ...

Posted on 20/11/2023

Hong Kong-based fintech firm YoujiVest sees growing demand for climate risk products and services from listed companies

Hong Kong-based environmental, social and governance data analytics fintech firm YoujiVest has seen increasing demand from listed companies for its products and services amid growing climate ...

Posted on 19/11/2023

To win the world back, Hong Kong must tell the Article 23 story right

The 'good' and 'true' stories of Hong Kong that officials tell won't change minds overseas, as long as uncertainty lingers over the city's national security legislation Furthermore, the talk of Hong ...

Posted on 19/11/2023

Paul Chan Attends APEC Finance Ministers’ Meeting to Introduce HK Latest Economic and Financial Situation

At the APEC Finance Ministers' Meeting in San Francisco, Hong Kong's Financial Secretary Paul Chan said that given a complicated and ever-changing global landscape, strengthening ...

Posted on 19/11/2023

Elderly Hong Kong woman tricked out of HK$16 million after giving out bank account details

Retiree, 76, duped by scammer claiming to be mainland Chinese official, warning her she was suspected of money laundering and then asking for her bank account details Crime discovered in police ...

Posted on 18/11/2023

Nicolas Aguzin Says HKEX Processing IPO Applications from Up to 100 Firms

Nicolas Aguzin, CEO of HKEX (00388.HK), told China Securities Journal that the Hong Kong IPO market has been showing signs of a gradual recuperation and that the Hong Kong bourse i... Nicolas Aguzin, ...

Posted on 17/11/2023

China’s WuXi XDC jumps 40% in Hong Kong trading debut

Chinese medical research group WuXi XDC's shares have risen nearly 40 per cent as the stock started trading on the Hong Kong Stock Exchange (HKEX) on Friday.The firm raised $470 million in its initial public offering,

Posted on 17/11/2023

With Alibaba Cautious Over Deals, China’s Equity Capital Markets Remain Weak

Alibaba Group delayed the listing of its Freshippo grocery unit and shelved the spinoff of its cloud business—the latest sign that Chinese equity capital markets remain underwater. Alibaba has said it wants to split into six independently run companies.

Posted on 17/11/2023

Hong Kong Stocks Take A Hit As Alibaba Plunges

Hong Kong stocks tumbled Friday as market heavyweight Alibaba was hammered after saying it would call off a planned spinoff of its cloud computing business.

Posted on 17/11/2023

Hong Kong’s financial system sound with no capital outflow: HKMA chief executive

HONG KONG, Nov. 17 (Xinhua) -- Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue said on Friday that despite volatility in global financial markets, Hong Kong's financial system remains ...

Posted on 17/11/2023

Fintech Collaboration between Mainland China and Hong Kong

In recent years, the financial technology (Fintech) landscape has witnessed remarkable growth, with Mainland China and Hong Kong emerging as key players in the Asia-Pacific region. The collaboration ...

Posted on 17/11/2023

Alibaba shares plunge after cloud unit IPO nixed

Posted . Alibaba Group's Hong Kong shares slumped 10% on Friday after it scrapped plans to spin off its cloud busines ...

Posted on 17/11/2023

Alibaba Loses $21 Billion In Market Value After Suspending Cloud Unit IPO And Jack Ma Sells Shares

Alibaba Group stunned investors when it announced that it would suspend the listing plan of its cloud computing unit, while also revealing that cofounder Jack Ma intends to sell some of his shares.

Posted on 17/11/2023

Chinese EV maker Li Auto and pharmaceutical firm WuXi Apptec to join Hong Kong’s benchmark Hang Seng Index in December

Chinese electric-car maker Li Auto and pharmaceutical company WuXi Apptec will join the Hang Seng Index as new constituents next month, according to the latest quarterly review by Hong Kong’s index ...

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