Month: September 2018

The Hong Kong dollar on Friday posted its biggest gain against the US dollar since 2003, over concerns about tighter liquidity in the city, after the People’s Bank of China announced it would issue bi... ( read original story ...)

The Hong Kong dollar on Friday posted its biggest gain against the US dollar since 2003, over concerns about tighter liquidity in the city, after the People’s Bank of China announced it would issue bi... ( read original story ...)

Hong Kong's gross external debt amounted to HK$13.05 trillion, or 472 percent of GDP, at the end of the second quarter, the Census and Statistics Department, reported. The banking sector accounted for ... ( read original story ...)

HONG KONG, Sept. 21, 2018 /PRNewswire/ --The 2018 Green Finance Forum & Launch of the Hong Kong Green Finance Association was held at the Hong Kong Stock Exchange today, which marked the official ... ( read original story ...)

HONG KONG, Sept. 21 (Xinhua) -- Hong Kong's Securities and Futures Commission (SFC) on Friday announced its strategic framework to contribute to the development of green finance in Hong Kong. A priori... ( read original story ...)

Thanks to the currency peg, Hong Kong has little choice but to import U.S. monetary policy. Years of ultra low borrowing costs in the wake of the global financial crisis has helped fueled a housing bu... ( read original story ...)

HONG KONG, Sept. 21, 2018 /PRNewswire/ -- Hong Kong continues to present strong growth opportunities for consumer-centric businesses despite a moderate drop in the consumer confidence index from ... ( read original story ...)

Hong Kong residents may soon be able to open mainland bank accounts remotely, following in-depth talks between financial authorities on both sides of the border. “It would make their lives easier if t... ( read original story ...)

Meituan Dianping's IPO got off to a strong start in Hong Kong on Thursday, valuing the Chinese ''everything app'' firm at about $55 billion and sending positive signs to companies lining up to list in ... ( read original story ...)

HONG KONG (Reuters Breakingviews ... The pair raised a combined $11.6 billion, after pricing at the bottom of the marketed ranges. Indeed, Xiaomi’s IPO valuation was nearly half the mooted $100 billio... ( read original story ...)

Retail investors have given a lukewarm response to Chinese food delivery service firm Meituan Dianping’s US$4.2 billion IPO, with the public tranche 1.5 times subscribed, fairing little better than Ch... ( read original story ...)

Meituan shares closed at HK$72.35 on Thursday, 5.3 percent above the HK$69 price of the IPO. After Hong Kong’s second-biggest technology listing of the year, the unprofitable company has a market valu... ( read original story ...)