Chinese electric vehicle (EV) maker Hozon Auto has appointed China International Capital Corporation (CICC) and Morgan Stanley to work on a Hong Kong initial public offering (IPO) that could ...
Kirkland, Freshfields, A&O Act on Hong Kong’s First Ever De-SPAC Deal
Together with its merger partner, Aquila has now also entered into a private investment in public equity agreement (PIPE) with 10 PIPE investors, ...
Hong Kong, other parts of south China grind to near-halt as Typhoon Saola approaches
Most of Hong Kong and other parts of southern China ground to a near-standstill Friday, canceling classes and flights as Typhoon Saola approached.
Asia markets higher as China cuts reserve requirement; Hong Kong halts trading as typhoon approaches
Asia-Pacific markets were largely higher as China's factory activity expanded in August and traders look to a slew of other economic data in the region.
Flights cancelled, businesses shut in Hong Kong, Guangdong as Typhoon Saola nears
The Asian financial hub of Hong Kong and China's neighbouring southern province of Guangdong cancelled hundreds of flights on Friday as fears of powerful Typhoon Saola forced some mainland cities to ...
‘Cornerstone’ investors prop up US IPOs in shaky market
“We’ve increasingly been talking about that [cornerstones] as something we want to explore for any deal in next six to nine months,” said David Bauer, head of equity capital markets at KKR, the ...
Hong Kong Shuts Stock Market, Schools as Super Typhoon Nears
Hong Kong is bracing for what may be the strongest storm to hit the city in at least five years as Super Typhoon heads straight toward the financial hub.
Super Typhoon Saola: Hong Kong halts stock trading on city’s T8 storm warning
Hong Kong’s financial markets are set to pause on Friday as Super Typhoon Saola triggers a T8 storm signal in the city. Markets in mainland China will open for business as usual.
Swiss Crypto Bank SEBA Inches Closer To Launch Of Hong Kong Subsidiary
The Zug-based crypto bank already operates a regulated subsidiary in Abu Dhabi. Now it's poised to gain a foothold in the Asia Pacific market.
Hozon nets CNY7bn in pre-IPO fundraising round
Chinese electric vehicle (EV) manufacturer Hozon New Energy Automobile Company this week said it has raised CNY7bn (US$960m) in a pre-initial public offering (IPO) financing round, the first inflow of ...
Hong Kong’s life insurance sales to Chinese visitors return to pre-Covid levels as weaker yuan, rate gap drive the search for yield
Life insurance sales to mainland Chinese visitors hit HK$31.9 billion (US$4 billion) in the first half versus HK$540 million a year earlier, as they sought refuge in the city’s diverse products amid a ...
Hong Kong’s life insurance sales to mainland Chinese visitors return to pre-Covid levels as weaker yuan, rate gap drive the search for yield
Life insurance sales to mainland Chinese visitors hit HK$31.9 billion (US$4 billion) in the six months to June versus HK$540 million a year earlier Overall new life insurance sales in Hong Kong rose ...
Hong Kong Warns Saola May Disrupt Trading as City Braces for Super Typhoon
(Bloomberg) — Hong Kong warned it may effectively shut down the city, including its $5 trillion stock market, on Friday because of Super Typhoon Saola, which is approaching the financial hub after ...
Hong Kong stocks advance as persistent slump in Chinese manufacturing spurs bets on bigger policy response
Stocks advance, limiting a decline in August, on bets China will do something more drastic to arrest a slump in manufacturing. The economy is in need of a stronger stimulus tonic, economists have said ...