Category: FINANCE

Hong Kong IPO is reportedly now 1,204x oversubscribed by retail investors. Shares are up +142% in pre-IPO trading. Kuaishou will issue 362mm shares at an offering price of HK$115. There is chatter ... ( read original story ...)

Bank of China has become the first company to sell Yulan bonds, a new debt product that links Chinese companies with global investors, as the Asian country seeks to widen its funding access amid ... ( read original story ...)

Shares in Kuaishou Technology surged in gray-market trading ahead of its Hong Kong debut, after investors placed about $370 billion of orders for the $5.4 billion deal. ( read original story ...)

Ant Group Co plans to spin off its consumer-credit data operations, people with knowledge of the matter said, a concession to aggressive regulators that should help the Chinese fintech giant get its ... ( read original story ...)

Kuaishou, Hong Kong’s hottest-ever retail stock offering, is set to hand investors a massive windfall based on pre-trading prices in the gray market, according to data published by local brokerages. ( read original story ...)

SWIFT, the global system for financial messaging and cross-border payments, has set up a joint venture with the Chinese central bank's digital currency research institute and clearing centre, a move ... ( read original story ...)

IMAX China Holding, Inc. ("IMAX China," HKSE: 1970) today announced it will hold a quarterly conference call to discuss its full-year 2020 financial results on Thursday, March 4, at 7:00 p.m. Eastern ... ( read original story ...)