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Tag: banking

Posted on 26/01/2021

Tencent Powers Hong Kong Above 30K As Kuaishou IPO Secures Significant Cornerstone Investors

Asian equities were largely higher with Hong Kong growth stocks on high volumes twice the 1-year average and Korea outperforming to the upside. Tencent gained +10.93% as investors realized that ... ( read original story ...)

Posted on 26/01/2021

Shanghai to be financial hub for yuan-denominated assets

Public information from online recruitment platform Glassdoor shows major asset management company BlackRock has announced many vacancies for its Shanghai operations since the beginning of the year, ... ( read original story ...)

Posted on 25/01/2021

Shanghai financiers propose restructuring city’s bourse for listing -paper

Some of Shanghai's top financiers proposed restructuring the Chinese commercial hub's membership-based stock exchange into a shareholding company eligible for listing as soon as possible, Chinese ... ( read original story ...)

Posted on 25/01/2021

UPDATE 1-Shanghai financiers propose restructuring city’s bourse for listing -paper

Some of Shanghai's top financiers proposed restructuring the Chinese commercial hub's membership-based stock exchange into a shareholding company eligible for listing as soon as possible, Chinese ... ( read original story ...)

Posted on 25/01/2021

Shareholding system reform urged for Shanghai bourse

The Shanghai Stock Exchange should carry out shareholding system reform and go public when appropriate in order to promote a two-way opening-up of the capital market and elevate Shanghai's position as ... ( read original story ...)

Posted on 25/01/2021

China’s Love of TikTok-Style Apps Powers $5 Billion IPO

Kuaishou Technology has its eyes on the world’s biggest initial public offering in more than a year, seeking to raise about $5 billion from a Hong Kong share sale. ( read original story ...)

Posted on 25/01/2021

TikTok rival Kuaishou to raise up to $6.3bn in Hong Kong IPO

Chinese livestreaming and short video group Kuaishou is set to raise up to $6.3bn in a Hong Kong initial public offering in a test of investor appetite for China’s tech sector as it faces growing ... ( read original story ...)

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