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SGX:HL 15 January 2026

Hongkong Land stock holds near a 52-week high as buybacks keep ticking

Hongkong Land stock holds near a 52-week high as buybacks keep ticking

Hongkong Land shares traded at US$8.18 Thursday afternoon after touching a 52-week high of US$8.33. The company disclosed buybacks of 185,000 shares each on Jan. 13 and Jan. 12, both set for cancellation, reducing its share count to about 2.16 billion. Buybacks follow a US$200 million repurchase plan funded by property sales. The next earnings report is due March 5.
15 January 2026
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Stock Market Today

  • OPay Plans $4 Billion Valuation IPO with Citigroup, Deutsche Bank, JPMorgan
    May 2, 2026, 5:26 PM EDT. OPay, a payments platform backed by SoftBank Group Corp., is preparing for a potential initial public offering (IPO) in the United States. The company has hired Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. to manage the process. Sources indicate OPay is targeting a valuation near $4 billion and aims to list later this year, though details remain confidential. The IPO move highlights increasing activity in the tech and payments sector, with major banks facilitating the transition to public markets.

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Citigroup Stock’s Big Week: Fitch Turns Positive, and Jane Fraser Gets One More Test

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2 May 2026
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