Hints and tips:
...The Chinese group increased its buyback outlays to about HK$600mn ($76mn) a day last week, a pace which if maintained could hit HK$90bn next year, on par with the buyback programme at rival Alibaba, according...
...Additional reporting by Joshua Oliver in London and Chan Ho-him in Hong Kong Letter in response to this article: HK stock exchange boss exit is a cautionary tale / From Gregory Shenkman, London SW7, UK...
...At the midpoint of its targeted range of HK$47.10 to HK$52.70, Onewo would raise about $750mn, valuing the company at about $7.5bn....
...Leapmotor plans to raise as much as HK$8.1bn (US$1bn) from the sale of about 131mn shares in Hong Kong in a range of HK$48-HK$62 each....
...Before the invasion of Ukraine led to increased sanctions on the Russian oil industry, including limiting access to western technology and equipment, it aimed to eventually produce close to 2mn b/d....
...“It definitely was a wake-up call,” says HK Park, managing director of Crumpton Global and a former Pentagon official....
...BYD’s shares had touched a record high of HK$333 ($42) in late June on the back of rapid growth in electric vehicle sales and Beijing’s support for an industry it hopes can stimulate the economy and help...
...Tencent will pay out a final dividend of HK$1.60 (US$0.20) a share....
...The HK$127bn (US$16.4bn) transfer cuts down Tencent’s stake in JD from 17 per cent to 2 per cent, leaving Walmart as JD’s largest investor. Unsurprisingly, shares of JD fell about 7 per cent....
...“Everything we’re doing today is to try to avoid these forces that we’re seeing of . . . technology decoupling and trade also stopping....
...Even before this, the airline was looking at a net loss of HK$5.6-6.1bn for 2021....
...“We have a lot of the technology and knowhow for us to explore the metaverse opportunity,” Lau said....
...The HK$5-a-share offer made in June valued the Chinese real estate group at HK$26bn (US$3.3bn) but came before Beijing expanded its regulatory clampdown on the technology sector to other industries....
...Citigroup, Goldman Sachs and Morgan Stanley have been appointed as joint book runners to manage the transaction.Prosus is offering the shares at between HK$575 and HK$595, representing a 5.5 per cent to...
...Rio said it would invest in technologies that could deliver reductions in the carbon intensity of steelmaking of at least 30 per cent from 2030....
...fees rose more than a third to a record HK$5.5bn....
...The company proposed a dividend of HK$1.6 per share....
...The successful IPO has catapulted its market capitalisation to more than HK$1.2tn ($154bn), bringing a huge windfall gain to Tencent....
...On Monday alone, Chinese investors poured HK$13.5bn (US$1.7bn) into Hong Kong stocks as of mid-afternoon trading, chief among them Tencent....
...One suggestion being considered is to limit crypto trading to professional investors — individuals or corporations that have a portfolio of at least HK$8m, or about $1m, “at least for the initial stage of...
...That has helped the city to beat Singapore to listings from Chinese technology giants such as Alibaba and JD.com....
...The technology could empower technologies such as driverless cars, drones, unmanned stores and remote medical consultation....
...But income from investments swung from a first-quarter loss to HK$885m in the three months to the end of June, helping push net profit to HK$3bn for the period....
...But as analysts and investors note, both companies’ portfolios contain little of the region’s ballooning technology sector....
...For the year, the company earned Rmb9.8 per share and announced that it would raise its annual dividend by 20 per cent to HK$1.20 per share....
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