Markets & Investing
Goldman divests 2.75bln ICBC shares for HK$15.9bln
Goldman divests 2.75bln ICBC shares for HK$15.9bln
Sale to boost Goldman’s returns from 37% of its initial investment to about $4bln.
Jason Brown joins North Asia Strategic as Non-Executive Director
NAS expects the Goldman Sachs executive to share his investment banking experience specialising in Asia.
Groups propose scripless securities market in Hong Kong
Paperless option to become effective following necessary legislative changes and when the market is ready.
Lippo Investments Management Hong Kong office opens
LIM’s investment team can screen over 6,000 ETFs listed worldwide using its 60 years experience.
Asia-Pacific fund managers bullish on equities
Half of fund managers with overweight view on equities yet cautiously optimistic towards Greater China.
HKEx mulls opening Renminbi futures market
Market with 1mln yuan per contract, targets to broaden acceptance of currency by international trade partners.
Bright Smart's IPO 163 times subscribed
HK$237mln offer with price fixed at HK$1.60 per share primarily used to develop securities business.
HKEx announces forfeiture of unclaimed interim dividend
Unclaimed interim dividend for 2004 of $0.43 per share will be forfeited and will revert to the company pursuant to Hong Kong Exchanges and Clearing...
Lenovo selected as Hang Seng Index’s constituent stock
Hang Seng Corporate Sustainability Index inclusion underscores Company’s implementation of sustainable and socially responsible business practices.
Taifook to focus on China institutional business
Takes advantage of projected value of equities and futures traded $455bln per day in 2020.
HKSAR to stage high-level forum in finance
Key political and business leaders from Hong Kong, Mainland and overseas will attend the forum on 21 July at the Pudong Shangri-La Hotel.
AgriBank to raise $19.2 bln for biggest IPO
China's largest lender by customers priced its Hong Kong shares at HK $3.20 apiece on Wednesday after the stock was offered for HK$2.88 to HK$3.48.
Sinoref exceeds public offer by 208.5 times
China's leader in advanced steel manufacturing is set to issue 390 million shares in its global offering as it receives overwhelming response in the...