Tag: ipo

New Delhi: After Firstpost exposed irregularities in the operations of Indian public sector banks in Hong Kong, the banking regulator in the Special Administrative Region (SAR) of China has initiated a clean-up operation by subjecting banks to rigourous ... ( read original story ...)

HONG KONG (Reuters/IFR) - China’s Xiaomi Corp (1810.HK) priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world’s biggest tech float in four years, people close to the transaction said ... ( read original story ...)

HONG KONG (Reuters/IFR) - China Tower, the world’s largest mobile mast operator, has won approval in Hong Kong for an IPO that could raise up to $10 billion, according to people familiar with the situation. The news comes as investors and bankers were on ... ( read original story ...)

In May, the bank applied for approval to set up a majority-owned securities ... The reorganisation coincides with the overhaul that Hong Kong’s stock market operator and securities regulator pushed through last year, changing the city’s listing ... ( read original story ...)

Hang Seng Bank, the 85-year-old Hong Kong lender owned by HSBC, said it will allow existing customers with good credit histories to apply for personal loans, as it uses big data analysis and financial technology to replace old-fashioned banking practises. ( read original story ...)

BOC Hong Kong (Holdings) Limited, BOCHK's holding company, is one of the largest listed companies on the main board of the Stock Exchange of Hong Kong, with stock code "2388" and ADR OTC Symbol "BHKLY". ( read original story ...)

Hong Kong billionaire Richard Li is laying the groundwork for a potential initial public offering of his insurance company FWD Group after five years of building the business through acquisitions, people familiar with the matter said. FWD, which is backed ... ( read original story ...)

Hong Kong topped global rankings in terms of initial public offering volumes in the first half of 2018 and highly anticipated technology listings that are in the works in the six months ahead are expected to give markets an additional boost. The Chinese ... ( read original story ...)

NEW DELHI: Nirav Modi group's exposure was not limited to only Punjab National Bank's (PNB) Brady House branch in Mumbai, as the firms had availed loan facility from its Hong Kong and Dubai branches too, according to an internal report of the bank ... ( read original story ...)

The Hang Seng China Enterprises Index shows how far the needle on China has moved from greed to fear. Back in January, the gauge of Hong Kong-listed Chinese stocks ... Industrial & Commercial Bank of China Ltd., one of the nation’s biggest companies ... ( read original story ...)

EY forecasts a total of HK$200 billion ($25.5 billion) in funds to be raised in IPOs in Hong Kong this year. Things are expected to heat up, with tech companies like Xiaomi and Meituan Dianping set to come to market in the months ahead. The first China ... ( read original story ...)

Bank of China (Hong Kong) Limited ("BOCHK") would like to alert its customers and the general public to a phishing email purported to be sent by BOCHK. The phishing email sent out by Bank of China Hong Kong requests customers ... ( read original story ...)

HONG KONG/SHANGHAI (Reuters) - China's Meituan Dianping, an online food delivery-to-ticketing services platform, is bringing its initial public offering (IPO) to Hong Kong, where it aims to raise over $4 billion, three people with knowledge of the deal said. ( read original story ...)

The introduction of a new licensing regime for virtual banks by the Hong Kong Monetary Authority this year, which deliver retail banking services through the internet or other electronic channels instead of physical branches, is a significant factor in ... ( read original story ...)