Showing 12 of 18 posts with this tag
The ongoing storm related to the overdue redemption of Evergrande's wealth management products continues and doubts about the earlier redemption of these products by some of the company's senior executives are immense.
JD Logistics, the distribution arm of Chinese e-commerce giant JD.com, is planning to raise up to HK$26.4 billion (US$3.4 billion) in its initial public offering (IPO) on the Hong Kong Stock Exchange.
The Hong Kong Stock Exchange on Tuesday publicly censured Chinese business tycoon Jia Yueting, two former CEOs named Jiang Chao and Liu Jiangfeng, as well as three ex-directors of domestic smartphone maker Coolpad Group.
Baidu, Chinese search engine and AI giant, is planning to raise at least HK$28 billion ($3.6 billion) by selling 95 million shares in a secondary listing on the Hong Kong stock exchange.
According to Hong Kong Stock Exchange documents, Baidu has passed the hearing for its secondary listing on the Hong Kong Stock Exchange. The news sent Baidu’s US stock to a nearly 6% surge before the market on March 9.
The share price of New Oriental Education on the Hong Kong Stock Exchange on Friday afternoon has suddenly slumped. As of 4:10 pm, its was selling at HK $30.60 per share – down 39.63% – hitting a new low since its Hong Kong debut. Its latest market valuation sits at HK $55.541 billion
Evergrande Group is negotiating with both state-owned and private companies to sell stakes in the China Evergrande New Energy Vehicle Group and Evergrande Property Services Group, according to Reuters.
Intra-city freight platform Kuaigou Dache, known as GoGoX overseas, filed a prospectus for a planned listing on the HKEx main board, according to HKEx filings.
A new stock exchange will be set up in Beijing to support the innovation and development of small and medium-sized enterprises (SMEs).
Chinese Internet search giant and artificial intelligence company Baidu has received approval to launch a secondary listing on the Hong Kong Stock Exchange, according to people with knowledge on the matter.
Embattled property giant China Evergrande Group and its subsidiary units suspended trading in Hong Kong on Monday morning, according to exchange filings, without offering any explanation.
Chinese travel company Trip.com Group has passed the hearing for its secondary offering on the Hong Kong Stock Exchange, according to a draft prospectus filed to the bourse late Tuesday.