Manulife Financial (HKG:0945, PSE:MFC) priced an offering in Singapore of SG$500 million subordinated notes due June 4, 2036, according to a Wednesday filing with the Hong Kong bourse.
The notes will bear interest at a fixed rate of 2.88% until June 4, 2031, and 0.931% plus the then-prevailing five-year SORA OIS rate thereafter until maturity.
The debt offering is expected to close on June 4.
HSBC (HKG:0005) issued senior unsecured notes under its AU$50 billion debt issuance program, according to a Wednesday Hong Kong bourse filing.The offering includes AU$450 million fixed-to-floating rate senior unsecured notes due May 2032, AU$400 million fixed-to-floating rate senior unsecured notes due May 2037, and AU$550 million floating rate senior unsecured notes due May 2032.The bank applied to list the notes on Euronext Dublin and for trading on its Global Exchange Market.
Shenzhen SDMC Technology (HKG:0901) raised HK$570 million in net proceeds from its initial public offering in Hong Kong.The offer price was set at HK$32.80 per H-share, according to a Wednesday filing with the Hong Kong Stock Exchange.The Chinese smart home products provider offered 19.2 million H-shares in the global offering.The Hong Kong public offer was 1,971.99 times subscribed, with a final allocation of 1.9 million shares, representing 10% of the total offering.The international offering was 2.23 times subscribed, with a final allocation of 17.3 million shares, or 90% of the total offering.Shenzhen SDMC Technology is set to debut on the Hong Kong bourse on Wednesday, May 27.
Qfin (HKG:3660) recorded 883.3 million yuan in attributable profit for the first quarter of 2026, falling from 1.80 billion yuan a year earlier, according to a Wednesday filing with the Hong Kong bourse.Earnings per share were 3.58 yuan, compared with 6.31 yuan in the prior year.Revenue fell to 3.91 billion yuan from 4.69 billion yuan a year earlier.