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Tag: ipo

Posted on 03/10/2022

HSBC, Tencent add to Hong Kong stock losses as traders shun riskier assets for safe haven before market holidays

Stocks find no traction even after a 21 per cent slump last quarter, with traders wary of losses before the market pauses on Tuesday for a holiday. ( read original story ...)

Posted on 01/10/2022

Hong Kong fourth among biggest IPO markets globally, as Shanghai’s Star Market takes top spot and Singapore fails to make the cut

The city improved upon a 10th-place ranking in June after bourse operator Hong Kong Exchanges and Clearing’s main board saw 47 IPOs raise US$8.8 billion in the first nine months. ( read original story ...)

Posted on 01/10/2022

HSBC kicks off informal investor talks for Indonesian business IPO

HSBC Holdings Plc has started briefing investors on a potential initial public offering (IPO) of its Indonesian business, said two sources with direct knowledge of the matter. ( read original story ...)

Posted on 30/09/2022

HSBC kicks off informal investor talks for Indonesian business IPO – sources

HSBC Holdings Plc has started briefing investors on a potential initial public offering (IPO) of its Indonesian business, said two sources with direct knowledge of the matter. ( read original story ...)

Posted on 30/09/2022

Hong Kong stocks extend losses as Alibaba, Tencent, HSBC retreat, currency slump adds to sell-off pressure

Stocks continue a slide towards the lowest level in more than 11 years. The offshore yuan trades at a record low while the HKMA intervenes to support the Hong Kong dollar peg. ( read original story ...)

Posted on 30/09/2022

Hong Kong rises to fourth among biggest IPO markets globally, as Shanghai’s Star Market takes top spot

The city improved upon a 10th-place ranking in June after bourse operator Hong Kong Exchanges and Clearing’s main board saw 47 IPOs raise US$8.8 billion in the first nine months. ( read original story ...)

Posted on 30/09/2022

Hong Kong Will Keep Reopening Unless New Variant Emerges, Lo Says

Hong Kong will stick with its push to reopen to the world unless a dangerous new virus variant emerges, while stressing the financial hub has an obligation to protect mainland China from major ... ( read original story ...)

Posted on 30/09/2022

Sentiment in the Hong Kong stock market remains ‘extremely fragile,’ says Kingston Securities

Dickie Wong of the securities brokerage and research services company says Hong Kong's IPO market is "simply lukewarm" and is trading at extremely low levels. ( read original story ...)

Posted on 29/09/2022

Hong Kong IPO activities increases in the third quarter, says KPMG

Geopolitical and economic uncertainties continue to weigh on global markets, with proceeds from initial public offerings (IPO) in the United States and Hong Kong dropping by 94% and 76% respectively ... ( read original story ...)

Posted on 29/09/2022

Leapmotor and Onewo shares tumble in Hong Kong debut

Hong Kong's two largest completed IPOs of 2022 worth a combined $1.5 billion closed deep in the red on their market debuts on Thursday, dampening prospects of a recovery in new share sales in the city ... ( read original story ...)

Posted on 29/09/2022

Clifford Chance, Pillsbury Lead on $807M Hong Kong IPO of Electric Vehicle Maker

Despite a recent spike in IPOs, capital market deal volumes have fallen sharply in Hong Kong this year. Clifford Chance, Grandway Law Offices, Pillsbury Winthrop Shaw Pittman and Han Kun Law Offices ... ( read original story ...)

Posted on 29/09/2022

Hong Kong IPOs flop as Leapmotor sinks 37 per cent in market debut and Onewo struggles below offer price

Zhejiang Leapmotor plunges 37 per cent while Onewo loses almost 5 per cent in morning trading Both IPOs were undersubscribed by local investors in a week when the Hang Seng Index hits an 11-year low, ... ( read original story ...)

Posted on 29/09/2022

CALB Prices $1.3 Billion Hong Kong IPO at Bottom of Marketed Range

The firm marketed about 265.8 million shares at HK$38 to HK$51 each. An external representative for CALB declined to comment. ( read original story ...)

Posted on 29/09/2022

Hong Kong to Host Global Financial Leaders Amid Easing Covid Rules

By Justina Lee Global financial leaders from more than 100 banks, hedge funds, venture capital firms and other institutions will attend a summit in Hong ... ( read original story ...)

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