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Tag: ipo

Posted on 25/01/2024

Asian Financial Forum: HKEX’s Aguzin underscores Hong Kong’s ‘superconnector’ role, says China, rest of the world ‘massively underinvested’ in each other

Opportunities in China's US$18 trillion economy remain significant despite a slowdown in 2023, bourse operator's CEO says Mainland investors buying and selling offshore debt through the Stock Connect ...

Posted on 25/01/2024

Geopolitics, Elections and Policy Uncertainty to Weigh on China Market -Financial Leaders

HONG KONG (Reuters) - Asia's top financial executives expect geopolitical tensions, the coming U.S election and Beijing's policy uncertainty to keep shaking confidence in China investment in 2024, as ...

Posted on 25/01/2024

China steps up support for Hong Kong’s role as financial hub for wealth products, bonds and green finance

The People’s Bank of China unveiled six policies, including the expansion of a transborder investment channel called Bond Connect between Hong Kong and the mainland’s financial markets, starting on ...

Posted on 25/01/2024

StarCharge Weighing $500 Million Hong Kong IPO Due to EV Boom, Sources Say

Chinese electric-vehicle charging equipment provider StarCharge is considering an initial public offering in Hong Kong that could raise about $500 million, according to people with knowledge of the ...

Posted on 25/01/2024

Hopes for a Hong Kong IPO recovery hinge on two big ifs

HONG KONG -- New equity fundraising in Hong Kong sunk to a two-decade low last year amid disappointment over China's economic recovery, and some are warning that there are no signs the city's IPO ...

Posted on 25/01/2024

2024 AFF: China’s policies to boost bonds and wealth management will help Hong Kong’s companies and home buyers, delegates say

The new policies relaxed cross-border payment rules between the 11 cities of the Greater Bay Area to make it easier for the residents of Hong Kong and Macau to buy homes in southern China.

Posted on 25/01/2024

Hong Kong stocks set for third winning day as China signals more support after US$140 billion liquidity plan to lift confidence

Stocks advance for a third day, helping the market recoup at least US$208 billion of value since the plunge on Monday. The rout has now galvanised Chinese authorities to act and overcome jitters among ...

Posted on 25/01/2024

China and Hong Kong Broaden Investment and Financing Links

Hong Kong announced several measures to deepen financial links with China — including facilitating real estate purchases and expanding the Wealth Connect program — to further integrate the city with ...

Posted on 25/01/2024

WuXi XDC, hot off $520M IPO, inks antibody-drug conjugate deal with Celltrion

With that offering, WuXi XDC said it expected to reel in proceeds of around $4.07 billion Hong Kong dollars (about $521 million). Earlier that same month, WuXi XDC said much of what it reaped from its ...

Posted on 24/01/2024

HSBC HOLDINGS Buys back 6M+ Shrs in Total for HKD354M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased 6.0023 million shares of the company in total yesterday (16th) in the UK and Hong Kong markets, involving a total of HKD354 m... HSBC HOLDINGS ...

Posted on 24/01/2024

Chinese surimi maker’s shares sink 15% on Hong Kong IPO plan

The share price of China's largest surimi maker crumbled 15% after the company announced plans to list on the Hong Kong stock exchange, after a spate of derailed ...

Posted on 24/01/2024

China, Hong Kong Broaden Investment and Financing Links

Hong Kong announced several measures to deepen financial links — including facilitating mainland real estate purchases and expanding the Wealth Connect program — with China to further integrate the ...

Posted on 24/01/2024

Hong Kong finance sector on pace in AI deployment, with data availability, security and skills gap among concerns: survey

Data availability and cybersecurity represent major challenges to the use of artificial intelligence (AI) in financial services, according to more than 60 per cent of Hong Kong financial professionals ...

Posted on 24/01/2024

Hong Kong Stocks Bounce After PBOC Announces RRR Cut, China Up

Hong Kong shares of Alibaba surged 7.3% to their highest since Jan. 4, after the New York Times reported co-founder Jack Ma and Chairman Joe Tsai bought shares worth millions of dollars in the Chinese ...

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