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Month: December 2020

Posted on 08/12/2020

JD Health shares soar 65% in Hong Kong trading debut

JD Health International Inc saw its stock soar 65% above its issue price in its Hong Kong trading debut on Tuesday, as investors bet on the growth prospects of a healthcare business boosted by the ... ( read original story ...)

Posted on 08/12/2020

Hong Kong police arrest 8 more as China widens crackdown on democracy advocates

The activists, including 3 former lawmakers, were detained for taking part in an annual demonstration that was banned this year amid a clampdown on freedoms in the city. ( read original story ...)

Posted on 08/12/2020

JD Health’s IPO is the Best by a Mega Hong Kong Debut

JD Health International Inc.’s $3.5 billion float already made it Hong Kong’s largest initial public offering of the year. Now, the company is set to add another notch on its belt: having the ... ( read original story ...)

Posted on 08/12/2020

Hong Kong startups lead region’s charge into virtual banking

ZA Bank, Hong Kong's first virtual bank, has just 200 employees in a white and mint-green themed open-plan office on the southern fringes of Hong Kong's main island -- a far cry from HSBC Holdings' ... ( read original story ...)

Posted on 08/12/2020

U.S. Sanctions Chinese Officials Over Hong Kong Crackdown

Fourteen senior Chinese officials face travel bans and financial sanctions. In Hong Kong, the police stepped up arrests of pro-democracy politicians and activists. ( read original story ...)

Posted on 08/12/2020

Hong Kong church pastor says HSBC froze personal and charity bank accounts

Church describes act as ‘political retaliation’ by authorities over support of pro-democracy protestors and comes as eight more arrested ... ( read original story ...)

Posted on 08/12/2020

JD Health shares soar nearly 50% in Hong Kong trading debut

JD Health International Inc shares rose as much as 46.5% above the issue price in their Hong Kong trading debut on Tuesday, following an initial public offering (IPO) that was the city's largest of ... ( read original story ...)

Posted on 08/12/2020

China, Hong Kong stocks ease as Sino-U.S. tensions weigh

China and Hong Kong shares extended declines on Tuesday, dragged down by financial and transport firms, as Sino-U.S. tensions continued to weigh on the market. HK->Shanghai Connect daily quota used 5. ( read original story ...)

Posted on 08/12/2020

HSBC Again Snagged in Hong Kong Turmoil as Lam Defends Banks

Hong Kong Chief Executive Carrie Lam came out in defense of the city’s financial system after HSBC Holdings Plc was criticized for freezing the accounts of a former pro-democracy lawmaker and a local ... ( read original story ...)

Posted on 08/12/2020

JD Health shares jump 50% on Hong Kong debut after $3.5bn IPO

Shares in JD Health, the healthcare unit of Chinese ecommerce group JD.com, jumped as much as 53 per cent on their trading debut after the company raised $3.5bn in Hong Kong’s biggest initial public ... ( read original story ...)

Posted on 08/12/2020

Hong Kong to further restrict dining and announce new steps to curb coronavirus

Hong Kong leader Carrie Lam said on Tuesday the city will ban dining in restaurants after 6 p.m. (1000 GMT) and announce new measures later in the day to curb a rise in coronavirus cases in the ... ( read original story ...)

Posted on 08/12/2020

Hong Kong police arrest 8 over ‘unauthorized’ protest

Hong Kong police on Tuesday arrested eight pro-democracy activists over their role in an unauthorized protest last summer, widening a crackdown on dissent in the semi-autonomous Chinese city. ( read original story ...)

Posted on 08/12/2020

How Beijing Is Threatening Hong Kong’s Status as Global Financial Center

China’s recent Hong Kong security legislation could be the beginning of the end for Hong Kong as one of the world’s leading financial and trading centers. ( read original story ...)

Posted on 08/12/2020

JD Health shares soar nearly 50per cent in Hong Kong trading debut

JD Health International Inc shares rose as much as 46.5per cent above the issue price in their Hong Kong trading debut on Tuesday, following an ... ( read original story ...)

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