China’s decision to inject more than 1 trillion yuan (US$155 billion) of liquidity into the system from July 15 is reviving appetite for stocks amid a crackdown on tech companies. ( read original story ...)
Industrial & Comm’l Bank of China (Asia) Ltd. — Moody’s takes rating actions on nine Hong Kong banks following update to banks methodology
Moody's takes rating actions on nine Hong Kong banks following update to banks methodologyRead the full article at Moody's ... ( read original story ...)
China’s U.S. IPO Queue to Shrink Amid Regulatory Crackdown
China’s crackdown on U.S. initial public offerings by its companies has put its burgeoning pipeline of potential listings at risk. ( read original story ...)
{Block Trade}BOC HONG KONG: 2.72m shares, or HK$69.21m
Block Trade}BOC HONG KONG: 2.72m shares, or HK$69.21m [ET Net News Agency, 12 July 2021] A direct manual trade of 2.72 million shares of BOC HONG KONG (02388) was registered at 2:39p.m. The deal amoun ... ( read original story ...)
Hong Kong’s Exodus Is Real and Painful
Casual conversations in Hong Kong these days turn quickly to departures: Where to go, how to find work or school places. Subway station advertisements tout developments in London commuter towns. ( read original story ...)
Hong Kong’s Fintech Velotrade Secures Funding and Partnership with Vynn Capital
Velotrade, a Hong Kong-headquartered growing leader in trade finance, has secured funding and partnership with Vynn Capital, ... ( read original story ...)
Amundi Aims to Double Greater China Assets to $250 Billion
Amundi SA is seeking to attract as much as $250 billion in assets from the Greater China region, pledging to build a secondary home base in one of the world’s fastest-growing wealth markets. ( read original story ...)
Hong Kong to benefit from Beijing’s Didi crackdown, IPO rules overhaul, analysts say
Many of China’s high-flying technology companies have opted for IPOs in the US, as it has the deepest and most liquid market globally. The tide, however, maybe turning, with the likes of LinkDoc ... ( read original story ...)
Hong Kong ‘doxing’ crackdown stirs further fears for business
During the Hong Kong protests in 2019, doxing — the malicious sharing of personal information online — was rife. Protesters used Facebook and Telegram to broadcast the details of police officers ... ( read original story ...)
ByteDance reportedly scrapped a planned IPO after meeting with Chinese officials
ByteDance was considering an IPO of all or some of its businesses in the U.S. or Hong Kong, the Wall Street Journal reported on Monday. ( read original story ...)
New York-based fund Lexington downsizes IFC Two office space in sign vacancy rates continue to rise in Hong Kong’s Central district
New York-based fund manager Lexington downsized its office space in IFC Two by 45 per cent, a sign that the worst may not be over for the city’s battered office segment. ( read original story ...)
Nio Considers Listing In Mainland China In Addition To Hong Kong: Report
Chinese electric vehicle maker Nio Inc. (NYSE: NIO) is considering a third listing in China’s A-share market in addition to its planned listing in Hong Kong, ... ( read original story ...)
ByteDance Shelved IPO Intentions After Chinese Regulators Warned About Data Security
The owner of the TikTok video app took a different approach from ride-hailing company Didi, which pressed ahead with a U.S. listing. ( read original story ...)
QNB establishes its footprint in Asia with Hong Kong entry
QNB Group, a financial institution in the Middle East and Africa, has opened its branch in Hong Kong, an important global financial hub. ( read original story ...)