China International Capital Corp surged 33% in its debut on the Shanghai stock exchange on Monday as investors bet the country's fifth-biggest securities firm will benefit from a government push to ... ( read original story ...)
Hong Kong September retail sales in doldrums as pandemic curbs spending
Hong Kong's retail sales fell by double digits in September as coronavirus restrictions slammed the brakes on spending and tourism slowed to a trickle, but the decline was smaller than in August as ... ( read original story ...)
Hong Kong in record meth bust as pandemic forces gangs to evolve
Hong Kong authorities announced a record seizure of over half a ton of methamphetamine on Monday, saying the coronavirus pandemic had led smugglers to riskier bulk shipments in place of traditional ... ( read original story ...)
HSBC’s share price is climbing. Should I buy the stock now?
HSBC's share price fell to 282p in September. Since then, it has jumped 15%. Has the outlook improved? And is now the time to buy? The post HSBC’s share price is climbing. Should I buy the stock now? ( read original story ...)
Hong Kong’s fintech development could push city’s position as global financial center, official says
Compared to other technologies, fintech is the equivalent of a new industrial revolution, Christopher Hui told CNBC. ( read original story ...)
UPDATE 1-Hong Kong Exchange Fund Q3 investment income drops 57% q/q
Hong Kong’s Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$52.8 billion ($6.81 billion) in the third quarter, a drop of 56.6% from the previous quarter, the ... ( read original story ...)
Coronavirus has left Hong Kong’s economy looking critically ill
The business pillars of Hong Kong’s identity are fast shedding assets and staff as revenues collapse. Before it is too late, the SAR needs to be set mask free ... ( read original story ...)
Hong Kong’s Financial Services Secretary explains city’s role in fintech development
Fintech development requires a growing ecosystem and that can be achieved through money, talent and regulation, says Christopher Hui, Secretary for Financial Services and Treasury in Hong Kong. ( read original story ...)
Grandma Wong was a key figure in Hong Kong’s protest movement — until she disappeared
With her gray hair and huge British flag, 64-year-old Alexandra Wong was a striking figure on the frontlines of last year's pro-democracy protests -- until she disappeared. ( read original story ...)
Ashurst Adds Hong Kong Derivatives Partner
Hong Kong / Shutterstock.com. Ashurst has hired a new partner in Hong Kong focusing on structured financing and derivatives transactions. Jonathan Chapman joins from King & Wood M ... ( read original story ...)
CSCI attends the 2020 Hong Kong Fintech Week, unveiling its bond credit rating and trading services tailored made for offshore bond market
Committed to providing full credit value chain services driven by technology In 2018, China Securities Credit Investment (CSCI) made its debut at the Hong Kong Fintech Week and aroused strong ... ( read original story ...)
Hong Kong and China markets rebound from sell-off as investors shrug aside rising global coronavirus infections
Hong Kong and China markets started the first trading day of the month on a positive note following a sell-off last week, as investors shrugged aside rising global coronavirus infections. Market ... ( read original story ...)
GDS Rises 3% After $1.67 Billion Hong Kong Listing
Chinese data center company GDS Holdings Ltd. rose 3% from its offer price after raising $1.67 billion in its Hong Kong secondary listing, the latest U.S.-traded Chinese company to sell shares in the ... ( read original story ...)
Hong Kong Exchange Fund Q3 investment income drops 56.6% from Q2
Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, posted an investment income of HK$52.8 billion ($6.81 billion) in the third quarter, a drop of 56.6% from the previous quarter, ... ( read original story ...)