Month: March 2018

Stocks in Hong Kong rebounded today, tracking overnight gains on Wall ... Only four blue-chips fell today. Hang Seng Bank (0011) slid 0.49 percent to HK$184.10 and Bank of East Asia (0023), the biggest loser on the benchmark, dropped 0.59 percent to ... ( read original story ...)

Around a third, 32.5%, of its Asia-Pacific IPO revenues last year, or $21.1m, were generated from listings in Hong Kong, according to Dealogic. The Swiss bank, which finished second in the Hong Kong IPO revenue league table in 2017, is appealing the ... ( read original story ...)

The Hong Kong Monetary Authority (HKMA) announced on Friday it has signed a Memorandum of Understanding (MoU) with the Polish Financial Supervision Authority (KNF) exchanged a Memorandum of Understanding (MoU to enhance fintech collaboration between the ... ( read original story ...)

ZURICH/HONG KONG (Reuters) - Hong Kong's securities regulator has blocked UBS (UBSG.S) from sponsoring initial public offerings for 18 months, the Swiss bank said in its annual report released on Friday, adding it planned to appeal against the decision. ( read original story ...)

The Hong Kong dollar had been leaning towards the strong side, sitting around 7.75 per dollar, effectively since the financial crisis of 2007/8, when the HKMA had to sell the local currency to prevent it from appreciating further due to massive inflows ... ( read original story ...)

This was enough to kill off the hedge fund attack as local banks could only raise funding for their own needs, so there were no Hong Kong dollars left to finance short sellers. This time around it will be the first defence of the 7.85 level and the HKMA ... ( read original story ...)

The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) and the Polish Financial Supervision Authority (KNF) signed and exchanged a Memorandum of Understanding (MoU) today (March 9) to enhance fintech ... ( read original story ...)

About 80,481 shares traded. Digatrade Financial Corp. (OTCMKTS:DIGAF) has 0.00% since March 6, 2017 and is . It has underperformed by 16.70% the S&P500. Nine Masts Capital Ltd decreased China Unicom (Hong Kong) Ltd (CHU) stake by 58.57% reported in 2017Q3 ... ( read original story ...)

They were boosted by higher rental income and development profits from China. Hongkong Land's 2017 profits rose 14% YoY to $1.28b (US$970m), thanks to significantly higher development profits from China and increased rental earnings. Its final dividend ... ( read original story ...)

HONG KONG (Reuters) - Chinese drug developer Hua Medicine is planning to raise at least $400 million in an initial public offer in Hong Kong in the latest in a series of biotech floats in the city, said people with knowledge of the matter. Hong Kong is ... ( read original story ...)

HONG KONG, March 9 (Reuters) - Chinese drug developer Hua Medicine is planning to raise at least $400 million in an initial public offer in Hong Kong in the latest in a series of biotech floats in the city, said people with knowledge of the matter. ( read original story ...)

HONG KONG (Reuters) - The Hong Kong dollar extended its slide to a fresh 33-year trough on Friday, a day after the city’s de facto central bank said it may not intervene until the currency peg touches the floor of its trading band. The currency hit 7 ... ( read original story ...)

The Hong Kong dollar extended its slide to a fresh 33-year trough on Friday, a day after the city's de facto central bank said it may not intervene until the currency peg touches the floor of its trading band. The currency hit 7.8440 per U.S. dollar ... ( read original story ...)