By Scott Murdoch SYDNEY, April 20 (Reuters) - Chinese liquor company ZJLD Group is set to price its Hong Kong initial public offering (IPO) at HK$10.82 per share, two people with knowledge of the ...
Hong Kong Outperforms, EVs Clipped On Tesla Price Cuts
Asian equities were mixed overnight as Hong Kong shares outpaced Mainland shares except for the STAR Board, which continues to outperform.
Hong Kong ECM sputters to life but issuers need reality check
Two of the largest deals to hit Hong Kong’s equity capital markets so far this year arrived this week amid signs of a turnaround in deal flow on the city’s stock exchange. But for a recovery in new ...
HSBC World Rugby Challenger Series: Hong Kong’s men make winning start in Stellenbosch, but women struggle
Wins over Papua New Guinea and Italy put Jevon Grove’s side in strong position after opening day in South Africa.
KKR-Backed ZJLD Is Said to Raise $675 Million in Hong Kong IPO
Chinese liquor company ZJLD Group Inc. raised HK$5.3 billion ($675 million) in Hong Kong’s largest initial public offering this year, after pricing shares near the bottom of a marketed range, ...
Hong Kong banking system’s total cash stable, no impact from US rate hikes: HKMA
VCG. The aggregate balance of Hong Kong's banking system remains stable, and US interest rate hikes won't affect Hong Kong's currency or its financial stabil ...
3 Hong Kong residents arrested for tricking victims out of credit card details to buy luxury goods online
Syndicate used stolen credit card details to buy goods online that were then sold for profit Officers seized Mercedes-Benz and Tesla limousines, Hermes handbags, cosmetic products and accessories ...
How HSBC’s charitable trust ensures Hong Kong’s better long-term future
Voluntary work at heart of philanthropy as bank staff Joyce Chong, Margaret Chan, Caroline Leung and Punit Mehrotra support city’s youth, elderly and underprivileged.
HSBC says split bank would result in ‘erosion of earnings’
The bank responded to the strong statement regarding a break-up plan by Ping An. HSBC's board has defended the bank's current strategy days after its largest investor Ping An Asset Management Company ...
HSBC hits back at top shareholder’s sharpest call to split bank
Ping An publicly called for the creation of “a separately listed Asia business” for HSBC in a statement on Tuesday. Read more at straitstimes.com.
There Are 94 IPOs in the Pipeline in Hong Kong. Which Firms Have the Lion’s Share of the Work?
Funds raised from new share listings in Hong Kong in the first quarter of this year fell a massive 52% year-on-year, and fewer than 20 companies raised $837 million via Hong Kong IPOs in that time.
Bank failures made in America damage the entire world
The bank failures in the United States and Europe have triggered a debate on the causes and consequences of the banking crisis. The crisis has also prompted some populist social media to claim that ...
Hong Kong to target investors in I&T firms with revamped immigration scheme
Undersecretary for Financial Services and the Treasury Joseph Chan says government in process of finalising details of scheme set to launch later this year But lawmakers call for clear definition of ...
Alibaba’s Grocery Arm Gears Up for Hong Kong IPO
Freshippo, the Alibaba Group Holding Ltd. grocery chain known for selling cooked lobsters and grouper freshly chosen from fish-tanks in the store, has started preparations for a Hong Kong initial ...