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Tag: ipo

Posted on 14/02/2023

Hong Kong pay-TV operator i-Cable gives up licence 6 years earlier than planned, as financial woes mount

Executive Council grants Hong Kong Cable Television, also known as Cable TV, permission to cease operations on June 1 Company says it plans to expand further into the local free-to-air TV market, ...

Posted on 14/02/2023

Hong Kong Exchanges and Clearing Ltd Signs Cooperation Agreement with Nanjing Financial Affairs Office

Hong Kong Exchanges and Clearing Limited (HKEX) and the Financial Affairs Office of Nanjing Municipal People’s Government (Nanjing FAO) signed a Memorandum of Understanding (MOU) “to strengthen ...

Posted on 14/02/2023

Hong Kong’s pay-TV operator Cable TV gives up licence 6 years earlier than planned as financial woes mount

Executive Council grants Hong Kong Cable Television, also known as Cable TV, permission to cease operations on June 1 Company says it plans to expand further into the local free-to-air TV market, ...

Posted on 14/02/2023

Amid merger and bankruptcy in the West, lidar maker Hesai nails $190M IPO

A rank of Chinese tech companies has delisted from the U.S. or sought secondary listings in Hong Kong as they get caught in rising tensions between the two major economies. Hesai is not immune from ...

Posted on 14/02/2023

Hong Kong leader John Lee shrugs off concerns over slump in property stocks, says security clauses in land sales documents not an issue

Chief Executive John Lee says government has been selling land as usual since the clauses were put in place in November He says representatives of the property sector have indicated they support the ...

Posted on 14/02/2023

Hong Kong stocks approach 6-week low amid capital flight as traders await US inflation report

Hong Kong stocks weakened, approaching a six-week low amid concerns about capital flight from the city’s financial markets while traders await the latest US inflation report that may sway the Federal ...

Posted on 14/02/2023

Hong Kong makes first currency market intervention of 2023, sells US$538 million to support local dollar amid capital flight

HKMA buys HK$4.22 billion and sells equal amount of US dollars to bolster exchange rate, keep currency within trading band Intervention follows a 25-basis points increase in the key US rate by the ...

Posted on 14/02/2023

Hong Kong-based Prestige Wealth downsizes US IPO to $9M from $15M

Hong Kong-based wealth and asset management firm Prestige Wealth has downsized its proposed US initial public offering to $9M from $15M. Prestige Wealth said that it intends to of ...

Posted on 13/02/2023

Dekon Serves Up Hong Kong IPO Rich on Meat, But Low in Margins

Dekon Food has filed for a Hong Kong IPO, posting variable profits in recent years on wildly fluctuating hog prices Soaring feed costs and increased borrowings to fund expansion have left the company ...

Posted on 13/02/2023

Hong Kong plans first digital green bond offering, said to target US$102 million proceeds

The government has asked the Bank of China, Credit Agricole, Goldman Sachs and HSBC to hold investors calls on Monday, Bloomberg reports The tokenised notes would be a 'pilot issuance' to test ...

Posted on 13/02/2023

Hong Kong Hires Banks For Debut Digital Green Bond Sale

Hong Kong’s government has hired banks to arrange its debut sale of digital green bonds, expanding the use of a nascent technology that promises faster settlement and payment.Most Read from BloombergC ...

Posted on 13/02/2023

Hong Kong-based Global Engine Group sets terms for $16M US IPO

Hong-Kong based Global Engine Group (GLE), a provider of information communication technologies, has set terms for a proposed $16M initial public offering. Load Error Global Engine said that it was ...

Posted on 13/02/2023

Bye to the West? Hong Kong Monetary Authority eyes Middle East bonds and investment, banks on Gulf states’ need to diversify risk amid tensions

Deputy CEO of city's de facto central bank cites exchanges on recent trip to region, says there is keen interest in financial hub He touts Hong Kong's fertile, mature ground for bonds, and standing as ...

Posted on 12/02/2023

Westpac’s fraught Hong Kong exit latest drama for Aussie banks in Asia

Singapore | Tokyo | Westpac has been fined by Hong Kong’s financial regulator for breaching anti-money laundering and counterterrorism rules in the latest headache for the bank that is leading ...

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