Advertisement
Advertisement
Mia Castagnone
Reporter, Business
Born in Australia, Mia graduated from the University of Sydney with a Bachelor of Arts in Media and Communications and Chinese Studies. She previously worked at various local media including the Sydney Morning Herald, before joining the Post as a graduate trainee in 2021.
The healthcare company’s shares were oversubscribed 6,083 times after they were priced at the low end of the range at HK$3.75.
The maker of autonomous-driving technology aims to raise US$100 million and the bubble-tea purveyor seeks up to US$500 million.
The Australian Securities and Investment Commission (ASIC) lodged a claim against HSBC Bank Australia in relation to 950 reports totalling A$23 million.
The Foshan-based condiment maker’s board has given the go-ahead for the fundraising plan.
Advertisement
Report says 56 per cent of mainland Chinese luxury consumers plan to increase their purchases from domestic brands.
The city has recorded US$10.7 billion of proceeds from 64 IPOs this year through November; more deals in December.
The IPO was the most popular in the city this year, with the retail tranche oversubscribed 918 times.
Shares were priced at HK$29.80, according to exchange filings.
Lawrence Lam, Hong Kong CEO at Prudential, says data analysts have become more important than ever in the industry.
Company insider has a solid background, but will have to prove to investors that she is the right person for the job, analysts say.
Namesake founder rose to prominence as a make-up artist who helped Liu Xiaoqing play an empress who aged from 15 to 80 years in a TV drama.
The widely watched Caixin factory gauge expanded for a second straight month to reach the highest level since June.
Healthcare platform plans to submit IPO application by end-December and complete fundraising of as much as US$500 million by June.
The need to refinance and enter new markets is very high on the radar of mainland firms, says Alexander von zur Muehlen.
‘Globalisation is going forward. Trade remains enormously beneficial to the world, and everybody understands that,’ Winters says.
At least 250 Hong Kong-listed companies do not have at least one woman on their boards despite the compliance deadline just a month away.
Shares of the Chinese courier firm SF Holding began trading at HK$34.30, unchanged from its IPO price.
‘People are leery of investing a lot of money in a country that is part of geopolitical tensions,’ Oaktree Capital’s Howard Marks says.
Chinese officials, speaking in Hong Kong, say they support the city as the bridge between the mainland and the rest of the world.
‘Sailing Through Changes’ is the theme of this year’s investment summit, with China stimulus and Trumponomics likely to be hotly debated.
The brand will introduce two new premium products, Daily Ultimate Essentials and Daily Ultimate Longevity.
More stimulus is needed as spending is still too low to achieve its growth target, co-CIO Prince says.
The Tracker Fund has mirrored the Hang Seng Index’s returns since inception, giving investors an indirect bet on a basket of benchmark stocks.
Hang Seng Index falls to lowest point since September 25, erasing a policy-induced rally that had added as much as 27 per cent.
Sentiment suffers with prospect of tariffs, slower global growth, rising inflation and potentially fewer Fed rate cuts, say Nomura analysts.
‘We are working on this programme of localisation, trying to produce as much as we can, where we can in China,’ executive says.
The Italian fashion brand in the LVMH stable bets on a recovery in the next two years with a plan to open more mainland stores.
CIIE participants say Chinese consumers want high-quality milk and additive-free food products.
Almost 70 per cent of the businesses in Australia’s group represent the food and beverage sector.
At the China International Import Expo (CIIE), Li highlights the importance of opening up its market to trading partners.
