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Tag: ipo

Posted on 13/05/2023

Hong Kong’s economic growth will reach top end of government’s annual forecast if strong recovery continues, expert says

Continued improvement in tourism and local spending will drive gross domestic product to upper range of forecast, government economist Adolph Leung says.

Posted on 12/05/2023

Goldman Sees Opportunity in Hong Kong Banks Amid Surging Hibor

Stock investors are in danger of missing a buying opportunity from the recent surge in Hong Kong’s interbank rates, according to Goldman Sachs Group Inc.

Posted on 12/05/2023

Goldman Sees Opportunity in Hong Kong Banks on Surging Hibor

Stock investors are in danger of missing a buying opportunity from the recent surge in Hong Kong’s interbank rates, according to Goldman Sachs Group Inc.Most Read from BloombergElon Musk Says He’s ...

Posted on 12/05/2023

Hong Kong to speed up development into International green and sustainable finance centre

Hong Kong will continue to accelerate development into an international center for green and sustainable finance, with industry-leading progress made over the years, an official of the Hong Kong ...

Posted on 12/05/2023

UPDATE 1-Horizon Construction Development aims to raise up to $223 mln in Hong Kong IPO

Shanghai-based construction services provider Horizon Construction Development Ltd on Friday filed for an IPO aiming to raise up to HK$1.75 billion ($222.96 million) in a Hong Kong listing by May 25.

Posted on 12/05/2023

Hong Kong stocks fall for a second straight day as investors await US inflation data, progress on debt-ceiling talks

Hong Kong stocks extended their decline for two days in a row, adding to the 2.1 per cent slump in the previous session. State-owned banks were among the big losers.

Posted on 12/05/2023

Hong Kong banking sector should double down on training talent for fintech, sustainable finance, says HKMA deputy head

Hong Kong must nurture young talent and train up its existing employees, particularly in sustainable finance and fintech, to face present and future challenges, the deputy chief of the Hong Kong ...

Posted on 11/05/2023

How phone fraudsters tried to trick an SCMP reporter into giving up her Hong Kong bank details with lure of easy money

Reporter Rachel Yeo responds to stranger's WhatsApp message offering freelance work 'optimising apps' After crediting small amount, 'Lina' explains how no skills needed to earn as much as HK$1,500 in ...

Posted on 11/05/2023

Hong Kong lawmakers ask HKMA to seek more support from banks after SMEs see trimmed credit lines, tougher collateral requirements

Banks are 'taking away your umbrella during heavy rain', commerce sector lawmaker Jeffrey Lam Kin-fung tells Legislative Council meeting HKMA will encourage lenders to try their best to support SMEs, ...

Posted on 11/05/2023

HSBC gains assets from Credit Suisse clients

HSBC Holdings Plc says it’s picking up clients and staff from Credit Suisse Group AG following the Swiss bank’s hastily-arranged takeover by rival UBS Group AG.

Posted on 11/05/2023

House Republicans allege Biden family members received millions in payments from foreign entities in new bank records report

House Oversight Chairman James Comer laid out new details to support allegations that members of Joe Biden's family including his son Hunter received millions of dollars in payments from foreign ...

Posted on 10/05/2023

Alibaba’s $20 Billion Logistics Wing Looking at IPO

Alibaba may be spinning out its logistics arm in an initial public offering (IPO) that could raise as much as $2 billion. Cainiao Network Technology plans to raise the funds in a listing in Hong Kong ...

Posted on 10/05/2023

Hong Kong passes tax concession bill to woo global family offices

Hong Kong passed a long-anticipated tax concession bill on Wednesday, offering a tax exemption for eligible family offices, as the city tries to restore its regional financial hub status while ...

Posted on 10/05/2023

Chinese ChatGPT rival Mobvoi picks banks for US$300 million Hong Kong IPO, sources say

Mobvoi, a Chinese artificial intelligence company and smart device maker has selected banks for a Hong Kong initial public offering that could raise about US$200 million to US$300 million, according ...

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