The People's Bank of China and the HKMA launched the Payment Connect yesterday, according to the HKMA's recent press release. The system links the mainland’s Internet Banking Payment System (IBPS) ... ( read original story ...)
Maynilad moves P37-billion IPO to October
Maynilad Water Services, Inc., the west zone water concessionaire, has pushed back its planned P37.41 billion initial public offering (IPO) timetable to ... ( read original story ...)
Chinese AI startup MiniMax reportedly eyeing Hong Kong IPO
A potential IPO by MiniMax would offer investors an opportunity to invest in a new wave of Chinese companies driving advancements in AI technology. ( read original story ...)
HK stocks log worst week since April as absence of fresh stimulus weighs
SHANGHAI, June 20 (Reuters) - Hong Kong stocks rebounded on Friday but still logged their steepest weekly decline since April, as the lack of new stimulus measures this week weighed on investor ... ( read original story ...)
Zhaoxin eyes IPO on China’s tech board as x86 chip losses mount
Shanghai Zhaoxin Semiconductor Co., Ltd. (Zhaoxin), a key Chinese developer of domestically produced x86-compatible CPUs, has filed for an IPO on the Shanghai STAR Market, targeting CNY4.169 billion ... ( read original story ...)
Twin cities seen key to nation’s financial clout, bank chief says
With Shanghai's strong links to the Chinese mainland market and Hong Kong's status as a global financial gateway, the two cities' differentiated strengths form a uniquely complementary partnership ... ( read original story ...)
China soy sauce maker rises on Hong Kong debut
Shares in China's top soy sauce maker Foshan Haitian ended slightly higher on its debut on Thursday (Jun 19) after raising US$1.3 billion in one of Hong Kong's biggest initial public offerings (IPO) ... ( read original story ...)