Markets & Investing
YesAsia’s Hong Kong Exchange IPO debut oversubscribed for over 100 times
The company’s offer price saw an increase of 5.5% on its firs day closing price.
YesAsia’s Hong Kong Exchange IPO debut oversubscribed for over 100 times
The company’s offer price saw an increase of 5.5% on its firs day closing price.
Razer unit invests US$2.3m in console creator Loupedeck
Loupedeck seeks to continue its live stream growth.
HKEX wants to speed up IPO process by 2022
Its new FINI platform targets to cut the IPO settlement process to two days from five.
Licensed corporations up to 3,159 in 2020/21: SFC
The total number of licensees and registrant rose to 47,178.
Hong Kong poised to become 'Nasdaq of the East'
HSBC cites four trends that will dominate Hong Kong’s equity market.
SFC to require periodic review of ESG funds
In a new circular, the SFC asks for the assessment of how ESG factors are incorporated in the financial market.
Hang Seng Index underperforms against world peers: Analyst
This was partially attributed to the absence of cyclicals in the index.
HKEX appoints new Chief Compliance Officer
Adam Singer will join the company in September.
Hong Kong to rank third in global IPO race
Hong Kong IPO is expected to perform strongly in the second half of the year.
Xinyi Glass secures $1b green loan
The loan from Hang Seng Bank will fund its green projects.
People’s Bank of China to issue RMB5b Bills
It will be issued through HKMA’s Central Moneymarkets Unit.
Morimatsu International eyes $2.48 per share price in global offering
The manufacturing firm will issue 250 million shares in its global offering.
Quantum Thinking profit rebounds $16.7m after 2020 loss
The Group recorded a $26.7m loss last year.
New measure raises stamp duty
It will increase the rate to 0.13% starting 1 August.
Angelalign estimates $2.51b net proceeds in global offering
Its offer price ranges from $147-173 per share.
S&P downgrades Hong Kong and China Gas to “A-“ over weaker financials
Despite this, the firm maintained its “stable” outlook.
Hong Kong-Mexico investment pact to take effect on 16 June
The agreement ensures fair, equitable and non-discriminatory treatment of investments.
Commentary
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