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Tag: ipo

Posted on 08/08/2022

Hong Kong’s ZA Bank launches investment fund service

All subscription fees are waived until 31 December 2022. Hong Kong’s virtual bank ZA Bank has officially launched its investment fund service. Until 31 December, all subscription fees to the service ... ( read original story ...)

Posted on 08/08/2022

Covid-19: Hong Kong cuts quarantine time for incoming travellers

"We need to balance between people's livelihood and the competitiveness of Hong Kong to give the community maximum momentum and economic vitality," Lee said. People in quarantine will be issued a red ... ( read original story ...)

Posted on 08/08/2022

Hong Kong cuts Covid quarantine to three days in hotel for incoming travellers

Hong Kong will shorten the Covid-19 hotel quarantine period for all arrivals to three days from seven, taking another step to gradually unwind stringent pandemic rules that have isolated the Asian ... ( read original story ...)

Posted on 08/08/2022

Hong Kong eases COVID quarantine rules for incoming travellers

"We need to balance between people's livelihood and the competitiveness of Hong Kong to give the community maximum momentum and economic vitality," Lee said. People in quarantine will be issued a red ... ( read original story ...)

Posted on 07/08/2022

Hong Kong consumption vouchers: residents go out to spend after receiving first HK$2,000 instalment in final round of scheme

Car worth HK$273,000 and discounts on stays at five-star hotels are among millions of dollars in rewards and offers up for grabs to lure spenders In Hong Kong's Causeway Bay shopping district, some ... ( read original story ...)

Posted on 07/08/2022

China’s $84b IPO boom defies the world

An average 43 per cent return may be why initial public offerings in China this year dwarf traditional financial centres such as New York and London. ( read original story ...)

Posted on 06/08/2022

HK supports central govt’s countermeasures against Pelosi’s visit; sanctions may cause ‘substantial financial loss if economic connection is cut off’

Hong Kong Special Administrative Region government said on Friday that it fully supports and coordinates with all necessary measures taken by the central government in response to US House Speaker ... ( read original story ...)

Posted on 06/08/2022

Another little-known Chinese stock is soaring with a one-day price gain of more than 5,000% in its IPO debut

Magic Empire's market valuation topped $4.7 billion at its peak on Friday even though the the company only generated $2.1 million in revenue in 2021. ( read original story ...)

Posted on 06/08/2022

Hong Kong’s Hang Seng lead gains in Asia; Alibaba rises more than 4% ahead of earnings

Asia-Pacific shares traded higher on Thursday as investors move on from the tensions over U.S. House Speaker Nancy Pelosi's controversial visit to Taiwan. ( read original story ...)

Posted on 06/08/2022

Hong Kong police arrest 13 linked to syndicate behind laundering of HK$1.4 billion in suspected crime proceeds

Hong Kong police have arrested 13 alleged members of a local syndicate behind the laundering of HK$1.4 billion (US$178.3 million) in suspected crime proceeds through shell companies’ bank accounts. ( read original story ...)

Posted on 05/08/2022

Developer of First China-Made Covid Pill Files for Hong Kong IPO

Henan province-based Genuine Thursday applied to the Hong Kong stock exchange for a share sale of undisclosed size. Proceeds will be used to produce and commercialize the Azvudine pill for Covid and ... ( read original story ...)

Posted on 05/08/2022

Hongjiu Fruit Gets IPO Go-ahead but Cash Flow Concerns May Bite

Hongjiu Fruit specializes in high-value fruit and was the biggest distributor of branded fresh fruit in China last year in revenue terms  The company’s rapid expansion of new retail channels has ... ( read original story ...)

Posted on 04/08/2022

Little-known Hong Kong digital firm’s mcap more than Goldman Sachs, Disney and TCS

At an IPO price $7.80 a piece, AMTD Digital's stock price surged to a high of over $2,500 on volumes of a little over 2.5 lakh shares on Tuesday, taking the value of the company to more than $385 ... ( read original story ...)

Posted on 04/08/2022

Kingsoft Cloud Joins Chinese Companies Pivoting To Hong Kong As Delisting Risk Grows

Kingsoft Cloud has joined more than 100 companies that can be delisted in the U.S. amid an impasse in talks between Washington and Beijing. Read more. ( read original story ...)

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