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Tag: ipo

Posted on 01/05/2023

‘Happy Hong Kong’ campaign, spending vouchers set to reinforce city’s economic recovery, finance chief Paul Chan says

Financial Secretary Paul Chan says two programmes can help consolidate economic recovery of the second quarter and positive expectations of the market.

Posted on 30/04/2023

Hong Kong virtual banks ‘likely to develop as big players’ even as they report losses for 2022, as loan books grow and new businesses expand

Virtual banks are likely to develop as big players as they fit in with Hong Kong's culture of being 'quick with everything', analyst says Unsecured lending key to virtual lenders turning profitable: ...

Posted on 30/04/2023

Are Law Firms Reassessing Their Investments in Hong Kong IPOs?

There isn't much capital markets work in Asia these days, Jessica Seah writes in the Asia Legal Briefing. So what are all those capital markets lawyers in Hong Kong doing?

Posted on 30/04/2023

HSBC set for showdown with Chinese investors: Bosses in key AGM confrontation over future of bank as largest shareholder demands break-up

The bank is under pressure from Chinese insurance giant Ping An, which wants HSBC to spin off its lucrative operations in Asia.

Posted on 30/04/2023

HSBC set for showdown with Chinese investors

The bank is under pressure from Chinese insurance giant Ping An, which wants HSBC to spin off its lucrative operations in Asia.

Posted on 29/04/2023

Interim measures released for Chinese mainland-HK interest rate swap market collaboration

File photo shows an exterior view of the People's Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang) BEIJING, April 29 (Xinhua) -- The People's Bank of China (PBOC) on Friday released a ...

Posted on 29/04/2023

Stock Tied to Hong Kong-Based Financial Company Rockets 441.05%

Shares of Top Financial ( TOP) rose $88.21, or 441.05% to close at $108.21. Earlier in the wild trading session, the stock changed hands for as much as $256.44. In after-hours trading, shares fell ...

Posted on 29/04/2023

HK Banking System Balance Drop to Record Low Since 2008

HKMA has undertaken HKD6.916 billion of sell orders this morning, making the balance of the banking system to fall through HKD50 billion, marking a record low since the 2008 global... HKMA has ...

Posted on 29/04/2023

HSBC Nuno Matos Forecasts HK to Become World’s Largest Wealth Mgmt Center by 2027

Nuno Matos, CEO of Wealth and Personal Banking at HSBC HOLDINGS (00005.HK) told "21 Finance" that Hong Kong is anticipated to surpass Switzerland to become the world'... Nuno Matos, CEO of Wealth and ...

Posted on 29/04/2023

Top Financial Group, Hong Kong Shares Soar on Nasdaq, Like in Meme-Stock Era

Kong-headquartered companies were halted by the Nasdaq stock exchange in action reminiscent of the meme-stock era.

Posted on 29/04/2023

Hong Kong-Based Stocks Rally Hard on Nasdaq

Kong-headquartered companies were halted by the Nasdaq stock exchange in action reminiscent of the meme-stock era.

Posted on 29/04/2023

Hong Kong broker Top Financial stock soars as much as 900% on meme trade

Yahoo Finance Lie discusses a rise in shares of Top Financial as the stock soared as much as 900% on meme trade.

Posted on 29/04/2023

Meme stock TOP Financial Group soars more than 890%, spurred on by the Reddit crowd

The stock of the Hong Kong-based broker that went public last year hit new records on Friday, but it's profit and revenue are tiny.

Posted on 28/04/2023

Hong Kong authorities encourage banks to offer services to cryptocurrency firms

Recently, the Hong Kong authorities reminded financial institutions that no cryptocurrency firms had been banned. As a result, the authorities are encouraging banks to offer services to these firms.

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