People familiar with the matter say HSBC Asset Management could absorb Hang Seng Investment Management, combining about US$876 billion and US$50 billion of assets after HSBC completed the bank’s privatization in January.
HKEX will permit confidential filings for every listing candidate and halve the market-capitalization threshold for weighted-voting-rights companies, targeting more innovative and overseas issuers.
The Chinese optical transceiver maker is preparing a Hong Kong listing that could become the city's largest share sale since Alibaba's 2019 offering, with cornerstone demand already covering nearly half of the base deal.
