• Wed
  • Jul 23, 2014
  • Updated: 5:27am

Fundraising

Chinese flock to crowd funding sites with home-grown flavour

Crowd funding might be a late bloomer in China, but it is taking on a different flavour from similar, well established services in the United States.

Wednesday, 12 March, 2014, 12:51am

Hitting the high road in HIV fight with Aids Walk 2013

Patients and volunteers braved the wind and drizzle to take part in a charity walk on The Peak yesterday to raise funds for HIV and Aids sufferers.

22 Apr 2013 - 4:52am

Discovery Bay couple to run London Marathon for eye cancer trust

A Hong Kong couple will take part in the Virgin London Marathon to raise funds and awareness for the charity that helped them when their son was diagnosed with a rare eye cancer.

7 Apr 2013 - 6:47am

China Cosco could raise billions from divestments

China Cosco said this week that it plans to sell Cosco Logistics to state-backed parent company China Ocean Shipping. The unit may be valued at about seven billion yuan, the people said, asking not to be identified. 

14 Mar 2013 - 8:08am

Xinchen China on funding quest to ramp up output

Xinchen China Power, a manufacturer of light-duty petrol and diesel engines, plans to raise US$113 million through a Hong Kong initial public offering to expand its production capacity.

28 Feb 2013 - 5:02am

IPO by pawnshop chain designed to grow mortgage loans

Oi Wah Pawnshop Credit started its mortgage business in 2009, with mortgage loans surging to HK$67 million in November last year from HK$4 million in February 2010.

28 Feb 2013 - 5:02am

New board no quick fix for small firms

The mainland's attempt to expand the over-the-counter market through the so-called New Third Board is unlikely to satisfy small companies' fundraising needs, say analysts, but a market-making system would help boost transactions.

19 Feb 2013 - 4:58am

Crowdfunding gives city's worthy causes a chance

Hong Kong's entrepreneurs and creative types have a new way of getting funding for their projects. The recently launched website FringeBacker has brought the growing trend of crowdfunding, where individuals decide to contribute money towards a project, to Hong Kong.

3 Feb 2013 - 5:36am 1 comment

Sunac China fundraising plan pushes down stock

Sunac China Holdings dropped more than 8 per cent yesterday after announcing a plan to sell shares to raise funds for development and working capital.

The shares fell 8.6 per cent, the largest loss in 15 months, to HK$6.57 yesterday before closing at HK$6.65, down 7.5 per cent.

23 Jan 2013 - 3:55am

Chinalco Mining plans to raise US$400m in Hong Kong

Chinalco Mining Corporation International, an overseas unit of aluminium major Chinalco, aims to raise US$400 million to fund the construction of its copper mine in Peru.

Chinalco is the parent of Hong Kong and Shanghai-listed Aluminum Corp of China. It also controls mainland miner and smelter Yunnan Copper Group as well as rare earth and coal mining assets.

18 Jan 2013 - 5:27am

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