Tag: ipo

Jack Ma’s Alibaba might delay its $15 billion IPO in Hong Kong, say reports. The reason behind the move seems to be growing political unrest in the region. Over the past few months, millions have ... ( read original story ...)

(Bloomberg) -- It’s trading near its lowest levels since 2016 and has lost $44 billion in value since an April peak -- but mainland investors can’t seem to get enough of China Construction Bank Corp. ( read original story ...)

HONG KONG (Reuters) - A major bank warned on Wednesday that weeks of protests in Hong Kong could hit the economies of the Chinese-ruled city and mainland China itself as demonstrators prepared a ... ( read original story ...)

A major bank warned on Wednesday that weeks of protests in Hong Kong could hit the economies of the Chinese-ruled city and mainland China itself as demonstrators prepared a sit-in at a subway and site ... ( read original story ...)

The Bank of East Asia (BEA) warned on Wednesday that protests and civil unrest in Hong Kong over the past two months, combined with an escalation of the US-China trade war, could begin to weigh on the ... ( read original story ...)

Bank of East Asia Ltd (BEA) warned on Wednesday that weeks of protests in Hong Kong could hit the economies of the island city and mainland China as demonstrators prepared a sit-in at a subway and ... ( read original story ...)

HONG KONG (REUTERS) - China's biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to US$15 billion (S$20.76 billion) listing in Hong Kong amid growing political unrest in the Asian ... ( read original story ...)

Just last month, Anheuser-Busch InBev cancelled a planned up to $9.8 billion Hong Kong IPO of its Asia Pacific unit. The city loosened its rules last year specifically to lure overseas-listed Chinese ... ( read original story ...)

HONG KONG: China's biggest e-commerce company Alibaba Group has delayed its up to US$15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge ... ( read original story ...)

HONG KONG, Aug 21 (Reuters) - Hong Kong-based Bank of East Asia Ltd (BEA) posted a 75% slump in first-half net profit after increased impairment losses in mainland China because of a downturn in ... ( read original story ...)

But some are partnering, including in Hong Kong where Standard Chartered Plc tied up with PCCW Ltd. earlier this year to create a virtual bank. OCBC’s discussions are preliminary ahead of more details ... ( read original story ...)

HONG KONG, Aug 21 (Reuters) - Hong Kong-based Bank of East Asia Ltd (BEA) posted a 75% slump in first-half net profit after it wrote down loans in mainland China because of a downturn in commercial ... ( read original story ...)

HONG KONG — Stocks in Shanghai were little changed ... to deliver another 25 basis point cut next month, and U.S. central bank releases minutes of its last policy-setting meeting later on ... ( read original story ...)

Bank East Asia said today profit for the first half fell by 74.9 percent to HK$1 billion, representing a drop of HK$2.99 billion compared with the HK$3.99 billion earned in the same period in 2018.Pre ... ( read original story ...)