Shares of the Chinese pharmaceutical company climbed as much as 36% to 117.80 Hong Kong dollars, equivalent to US$15.16, on Monday, compared with their initial public offering price of HK$86.40.
SANY Heavy Industry’s IPO Launch: A Significant Moment in Hong Kong’s Market
In a remarkable shift for the Hong Kong IPO landscape, SANY Heavy Industry (06031.HK), alongside three other companies, has launched its global offering on October 20, 2023. This article explores the ...
HSBC’s $14 Billion Power Play in Hong Kong Backfires–Shares Crash as Hang Seng Soars
The British banking giant doubles down on Asia with a high-stakes takeover, but investors aren't buying it--yet.
Hong Kong to navigate trade war with supply chains, says Paul Chan in US
Finance chief Paul Chan concludes his first in-person visit to US since 2019, as a new phase of the US-China trade war looms.
I-Mab undergoes makeover, with new name, strategy, asset and Hong Kong IPO plans
Visara is launching with $37 million from I-Mab and will be led by Emmett Cunningham Jr., M.D., Ph.D., an ophthalmologist and longtime biotech investor and entrepreneur. The asset acquisition is ...
Hang Seng Bank Announces New Executive Leadership
The latest update is out from Hang Seng Bank ( (HK:0011) ).
Hong Kong IPOs make a comeback in both volume and value: Mergermarket
Perris Lee, Head of Equity Capital Markets for Asia Pacific at Mergermarket, says that the Hong Kong IPO market has benefited from growing investor confidence about the Chinese markets. He expects ...
European, Asian stocks battered by U.S. regional bank worries
Where Wall Street goes, the rest of the world tends to follow and that was the case for Friday as a U.S. selloff spread to Asia and Europe. The Hong Kong Hang Seng index slid 641 points, or 1.4%, to ...
Hong Kong’s Financial Chief Says About 200 Firms Planning IPOs
More than 200 firms are lining up to go public in Hong Kong, adding to a strong year for stock sales in the Asian hub, the city’s top finance official said.
I-Mab Announces Intention to Undertake Strategic Transformation to Global Biotech Platform, to Pursue Hong Kong IPO, and Rebrand as NovaBridge Biosciences
New business model reflects strategic transition to a global biotech platform focused on business development and translational clinical development to accelerate access to innovative medicines for ...
China robot maker Yunji rises in Hong Kong IPO, eyes Japanese market
HONG KONG -- Beijing Yunji Technology, a Chinese startup that develops hospitality robots for hotels and other facilities, listed here Thursday in an initial public offering that will help fund its ...
BOC Hong Kong Schedules Board Meeting to Review Q3 Financials and Dividend
BOC Hong Kong (Holdings) ( ($HK:2388) ) has shared an update. BOC Hong Kong (Holdings) Limited announced that a Board Committee meeting is ...
BOC Hong Kong Hldgs (OTC:BHKLY) Stock, Dividends
BOC Hong Kong Hldgs issues dividends to shareholders from excess cash BOC Hong Kong Hldgs generates. Most companies pay dividends on a quarterly basis, but dividends may also be paid monthly, annually ...
China Merchants Bank Tokenizes $3.8B Fund on BNB Chain in Hong Kong
China Merchants Bank tokenizes its $3.8B money market fund on BNB Chain, offering investors blockchain-based access and real-world asset exposure in Hong Kong ...