The shares first changed hands at HK$190.60, a jump of 68.5 per cent from the initial public offering (IPO) price of HK$113.12 when trading began at 9.30am. ( read original story ...)
Ant Group Reportedly Considers Hong Kong IPO for Its International Division
Ant Group, the fintech affiliated with Alibaba Group Holding (NYSE: BABA), is reportedly weighing a significant move to list its international arm. ( read original story ...)
China stock market: Shanghai, Hong Kong show gains as investors eye crucial trade deal with USA
China's government bond yields showed mixed reactions to the rate decision. One-year bond yield dropped 1.45 bps, while the 10-year yield rose 2 bps. ( read original story ...)
Stock Index Futures Climb on U.S.-China Trade Talk Optimism, Fed Rate Decision in Focus
S&P 500 E-Mini futures (ESM25) are up +0.58%, andJune Nasdaq 100 E-Mini futures (NQM25) are up +0.64% this morning as optimism around U.S.-China trade talks boosted sentiment. U.S. Treasury Secretary ... ( read original story ...)
China launches a blitz of policies to help its economy, plans talks with the US on trade
China has cut interest rates and bank reserve requirements as part of a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump’s trade war ... ( read original story ...)
World shares mostly slip after Wall St breaks its winning streak
On Monday, the S&P 500 fell 0.6% to 5,650.38, ending a nine-day winning streak, its longest since 2004. The Dow Jones Industrial Average declined 0.2% and the Nasdaq composite shed 0.7%. ( read original story ...)
Japanese, Singaporean Banks Lead Capital Raising Recovery In Asia-Pacific
Capital raising by Asia-Pacific banks recovered in March as major lenders in Japan and Singapore tapped the debt market amid a stable interest rate environment. ( read original story ...)