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Hong Kong Soon To Launch Its CBDC
Wednesday, October 19, 2022 - 10:09pm | 332The global adoption of Central Bank Digital Currency (CBDC) is on the surge amid the increasing volatility in the crypto market. However, Hong Kong has decided to add to this list of nations utilizing CBDC. Hong Kong lays down regulation for CBDC As per reports, the Hong Kong Monetary Authority (...
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Dental Care Provider Arrail Hopes Investors Will Smile on Its Hong Kong IPO
Friday, March 4, 2022 - 10:43am | 1245Key takeaways Arrail Group has passed a listing hear in Hong Kong after becoming profitable at the operating level in its latest fiscal year Company hopes to take advantage of a fragmented Chinese dental market that could be worth 300 billion annually yuan by 2025 By Molly Wen The healthcare...
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OneConnect Files for Hong Kong Listing, But Customer Diversification Remains Key
Thursday, March 3, 2022 - 10:47am | 1305Key Takeaways: OneConnect said it has filed to make a ‘listing by introduction’ in Hong Kong, meaning it will become traded there but won’t raise any money or issue new shares Provider of digital services to banks reported its number of ‘premium’ customers grew 34%...
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Jiangsu Recbio Shoots To Become Hong Kong's First HPV Vaccine Stock
Thursday, January 27, 2022 - 11:15am | 1116Key takeaways: Jiangsu Recbio has filed a second IPO application to list in Hong Kong, hoping to become the first HPV vaccine maker in the market The company was valued at around 9 billion yuan after its latest funding round By Molly Wen What started as a chance to participate in trials for an...
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Entrepreneurial State Bank Makes Hong Kong's First SPAC Application
Wednesday, January 19, 2022 - 6:08pm | 1144Key takeaways: Aquila Acquisition has applied to become Hong Kong’s first SPAC listing, formed by a group connected to China Merchants Bank Investors must put up at least $128,000 to buy the SPAC’s shares, which may be too high to create a vibrant market By Jony Ho Just a month after...