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Tag: banking

Posted on 08/02/2021

Hong Kong, China stocks open on bullish mode as Asian markets bank on US stimulus support

Hong Kong stocks are off to another bullish start in tandem with a broad rally in regional markets and higher US equities. Optimism is growing for a quick approval to Biden’s US$1.9 trillion stimulus ... ( read original story ...)

Posted on 08/02/2021

New deal to enable Post Bank clients to transact in 179 countries

Post Bank recently signed a partnership that gives the bank’s customers leverage to transact at UnionPay merchant points within and outside Uganda ... ( read original story ...)

Posted on 07/02/2021

China’s investors are flooding Hong Kong’s capital market in search of value as they dodge US sanctions

Global funds are flowing to China in search of yield via Hong Kong’s transborder investment channel, while Chinese capital spills southward to the city to catch an internet boom. ( read original story ...)

Posted on 06/02/2021

Proposed Registered Secondary Public Offering of American Depositary Shares by Certain Pre-IPO Shareholders of I-Mab

I-Mab (the “Company”) (Nasdaq: IMAB), a clinical stage biopharmaceutical company committed to the discovery, development and commercialization of novel biologics, today announced the commencement of a ... ( read original story ...)

Posted on 06/02/2021

Shengyi Electronics Moves Closer to IPO in Mainland China’s First Spin-Off Listing

Shengyi Electronics, a unit of Shanghai Stock Exchange-listed Shengyi Technology, is proceeding with its initial public offering on the Shanghai bourse’s Star Market in the first spin-off listing on ... ( read original story ...)

Posted on 06/02/2021

No Rest For Hong Kong Investment Bankers As Kuaishou IPO Skyrockets

Week in Review The PBOC, China’s central bank conducted RMB 98 billion worth of open market operations Monday, easing fears of a liquidity crunch in February and contributing to the appreciation of ... ( read original story ...)

Posted on 05/02/2021

China Investors Evade Capital Controls to Buy Hong Kong IPOs

It’s not hard to find reasons why cash is pouring into Hong Kong initial public offerings at a record pace: rock-bottom interest rates, frothy markets, pandemic boredom. ( read original story ...)

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