Hong Kong SAR

Sometimes work really can be all fun and games, as some Hong Kong fintech professionals are finding.

As the first half of 2019 rapidly approaches, the Hong Kong Stock Exchange appears to have lost a lot of ground to its rival bourses in the US. But the market is more resilient than one might think.

Chinese private education provider JH Educational Technology has priced its float on the Hong Kong Stock Exchange at the bottom of price guidance amid volatile markets.

JP Morgan has added Gregor Feige and Philip Wong to its Asia Pacific ECM team, according to an internal memo seen by GlobalCapital Asia on Wednesday.

The People’s Bank of China (PBoC) will issue another round of offshore renminbi (CNH) bills through the Hong Kong Monetary Authority Central Moneymarkets Unit in the second half of June, timing the issuance for when the renminbi might become volatile due to the G20 meeting.

Chinese brokerage Huatai Securities has received one of two approvals needed to spin off its subsidiary AssetMark Financial Holdings in the US.

Hutchison China MediTech (Chi-Med) is looking to launch bookbuilding for its Hong Kong listing as early as June 21 for proceeds of around $600m, according to a source close to the deal.

Chinese healthcare company Jinxin Fertility Group has kicked off a week-long roadshow for its Hong Kong IPO, looking to raise up to HK$2.99bn ($381.4m) from the deal, said a source close to the situation.

Chinese provincial lender Bank of Guizhou has set the ball rolling for an IPO in Hong Kong, filing a draft prospectus with the city’s bourse.

Two Chinese property companies raised a combined $485m at the end of last week ahead of the holiday weekend in Hong Kong.

Over the years I’ve had many a drink at the Captain’s Bar. As Tai Tai so readily points out, I’m solely responsible for keeping the place open.

Logistics provider ESR Cayman launched what will be the Hong Kong Stock Exchange’s biggest IPO of 2019 so far on Wednesday, seeking to raise up to HK$9.76bn ($1.24bn) as hopes of US rate cuts opened a clear window in otherwise trade war-weary markets. Gina Lee reports.