Jiangsu Recbio Technology Co. Ltd. raised HK$765 million ($97.7 million) in a Hong Kong stock exchange IPO on March 31. Shares of the vaccine maker (HKEX: 2179) opened at HK$25 per share and rose 1.8% ... ( read original story ...)
HSBC’s New Insurance Chief Eyes ‘Crucial’ New China Expansion
Greg Hingston, who took over as global chief executive of HSBC Holdings Plc’s insurance unit in January, has had a busy quarter, closing the group’s first acquisition in a decade, building out the ... ( read original story ...)
HK retains competitive edge despite pandemic
John Siu, managing director of the Hong Kong office for global real estate services company Cushman & Wakefield, believes that the city's fundamentals as an international financial hub-its free flow ... ( read original story ...)
Domino’s China Operator DPC Dash Delivers Hong Kong IPO
Domino’s China operator DPC Dash has filed for a Hong Kong IPO that could raise up to $100 million and value the company at around $500 million Company has cashed in on China’s recent shift to takeout ... ( read original story ...)
Italian Yachtmaker Ferretti Ends Lower in Hong Kong Stock Debut
Ferretti SpA, the Italian luxury yacht builder whose backers include the Ferrari family, dropped in its Hong Kong stock-market debut after pricing shares near the bottom of a marketed range. The ... ( read original story ...)
Hong Kong Tests the Waters with SPAC IPOs
In its approach to SPAC listings, Hong Kong seeks to uphold its reputation for high quality investing while also remaining a competitive financial hub for Greater Chinese and other Asian companies. ( read original story ...)
Temasek-backed vaccine developer Recbio raises $98m in Hong Kong IPO
Four cornerstone investors including Sequoia Capital China collectively subscribed to $53 million in the IPO offering. ( read original story ...)
Rossiya Re-Registers 125 Planes In Russia As BOC Boeing 747-8 Is Repossessed
All of Rossiya's fleet now have Russian AOCs, while foreign lessors repossess aircraft outside of the country's borders. ( read original story ...)
Hong Kong reports 6,646 new coronavirus infections
Hong Kong reported 6,646 new coronavirus infections on Thursday, down from 6,981 the previous day, and 119 deaths as daily infections continue to decline in the global financial hub, which is ... ( read original story ...)
Business sentiment in Hong Kong has been ‘quite positive,’ AmCham says
Joseph Armas of the American Chamber of Commerce in Hong Kong says business sentiment has "dropped a little" in light of Covid restrictions but is still positive on the whole. ( read original story ...)
Shares in Italian yacht maker Ferretti end flat in Hong Kong debut
Shares in Italian yacht maker Ferretti SpA ended flat in their Hong Kong debut on Thursday after raising $244 million at a time when the Asian financial hub has seen a slump in the value of initial ... ( read original story ...)
Ferretti’s Chief On Hong Kong IPO, Expansion Plans
Ferretti Group CEO Alberto Galassi discusses why the luxury yacht builder decided to list in Hong Kong. He was speaking with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia". (Source: Bl ... ( read original story ...)
China state money puts wind in Ferretti IPO sails
The answer to Ferretti Chief Executive Alberto Galassi’s baffling confidence in its Hong Kong share sale lies in the South China Sea. The yacht maker is going public on Thursday despite seemingly ever ... ( read original story ...)
Hong Kong enjoys promising business environment, immeasurable opportunities: business sector
Although Hong Kong's economy is under short-term pressure amid the fifth wave of COVID-19 infections, the business sector believes that Hong Kong's future development is limitless due to the unique ... ( read original story ...)