With a name belying its giant ambitions, China’s Ant Group on Tuesday launched a history-making $34 billion IPO in Hong Kong and Shanghai. Backed by Jack Ma, China’s richest man who founded the …
Lufax is going public in the US after postponing its original Hong Kong-based IPO
Lufax hopes to go public in the US, aiming to raise $2.4 billion at a valuation of around $30 billion, and expects to start trading on October 30.
Slim pickings: Ant to pay bankers up to $198 million in fees for Hong Kong IPO
China’s Ant Group will pay bankers selling its shares in Hong Kong up to $198 million in underwriting fees, its filings showed on Monday, in line with a trend of large issuers sharing a …
Ant Group prices Hong Kong leg of stock offering at HK$80 a share in the world’s largest initial public offering
Chinese billionaire Jack Ma’s Ant Group set the price for the Hong Kong leg of its initial public offering at HK$80 a share (US$10.32), implying it is raising roughly US$17 billion in the offshore …
Cathay Pacific: with deadline looming, Hong Kong flight attendants threaten collective action over new contracts that will slash pay
Cathay Pacific’s flight attendants union has threatened to mobilise its members for collective action if the airline refuses to postpone next week’s deadline for accepting a new contract that will …
How Top Money Managers Are Trading the U.S.-China Superpower Clash
China relationship seems to be getting worse by the day. But how bad will the fight over everything from trade to technology and Hong Kong get? And what does it mean for investors? We put those …
‘Lower-for-longer’ interest rates could weigh on HSBC and other Hong Kong lenders’ third quarter results, analysts say
Investors will be watching to see how “lower-for-longer” interest rates are weighing on the bottom lines of Hong Kong’s banks as the city’s biggest lenders prepare to report their third-quarter …
ByteDance in preliminary talks to list Chinese short video app Douyin in Hong Kong – sources
TikTok-owner ByteDance is in discussions to list its Chinese short video app Douyin in Hong Kong, according to two people familiar with the situation.
Hong Kong entrepreneur provides template for start-ups to think big and succeed in Greater Bay Area
A Hong Kong start-up’s experience shows how the Greater Bay Area can help businesses overcome two major hurdles in the city – high land and labour costs.
Museum of History must reflect the truth of Hong Kong
From enrolling children into elite schools and snapping up new mobile phones, Hongkongers are known for their penchant for joining queues for almost anything. But the rush to visit the Museum of …