Ping An Insurance is giving fresh impetus to HK's tech IPO buzz with a $1.1 billion IPO for its online healthcare platform. But, as with some of its tech peers, profits are nowhere in sight.
Four regional companies are seeking to end the recent hiatus by coming to market in the wake of the Federal Reserve's end-of-an-era US interest rate rise.
FinanceAsia profiles Christina Ma, Goldman Sachs' head of China equities coverage and an early proponent of Stock Connect, who helped turn the idea into reality.
Cheng Yu Tung reduces his stake in Ping An Insurance to just 2.4% of the H-share capital after a $998 million block trade and at least two transactions where he used his remaining shares to cover short positions.
CPIC sets price range at discount to Hong Kong comps and its current A-share price, while Rusal hopes for a listing approval that will allow it to go ahead with its $2 billion IPO tomorrow.