Societe Generale is temporarily relocating at least a dozen traders from Hong Kong to Singapore as the Chinese territory's stringent Covid strategy spurs Wall Street and European firms to move some ... ( read original story ...)
Trading in Over 30 Hong Kong-Listed Firms Halted on Results Delay
HONG KONG (Reuters) - The Hong Kong stock exchange suspended from trade on Friday the shares of Chinese developers such as Sunac China, Shimao Group and Kaisa Group, and about 30 other firms for a ... ( read original story ...)
At Least 33 Hong Kong Firms Halted After Earnings Deadline
Trading in at least 33 Hong Kong-listed stocks was halted on Friday after a number of firms missed a deadline to report annual results, adding uncertainty to a market grappling with a bleak economic ... ( read original story ...)
Hong Kong’s dry spell of IPOs slashes first-quarter fundraising by 90 per cent, pulls city’s global ranking down to sixth place
Funds raised from new share listings in Hong Kong sank 90 per cent in the first quarter, pushing the city to sixth place in the global rankings for IPOs, but some analysts expect a rebound later this ... ( read original story ...)
Biden family business dealings are out of a ‘spy novel’: China expert
Dr. Michael Pillsbury explained to “Jesse Watters Primetime” on Thursday how, if indicted, the evidence against Hunter Biden could be enough to potentially leave President Biden at risk. ( read original story ...)
Hong Kong govt ‘strongly opposes’ UK, US report on city’s diminishing freedoms
Hong Kong's government said on Friday it rejected "unfounded and ridiculous" allegations made in policy reports from Britain and the United States of a deteriorating political and legal situation due ... ( read original story ...)
Hong Kong’s property tycoons braced for further losses from zero-Covid regime
Family-run developers forecast to face sharp fall in house prices after experiencing steep drops in revenue last year ... ( read original story ...)
State Department Warns of Continued Erosion of Freedoms in Hong Kong
Political freedoms and the rule of law have continued to deteriorate in Hong Kong over the past year, threatening U.S. interests and Hong Kong’s autonomy, a State Department report said. ( read original story ...)
Recbio raises HK$765M in Hong Kong IPO, shares rise 1.8% on first trading day
Jiangsu Recbio Technology Co. Ltd. raised HK$765 million ($97.7 million) in a Hong Kong stock exchange IPO on March 31. Shares of the vaccine maker (HKEX: 2179) opened at HK$25 per share and rose 1.8% ... ( read original story ...)
HSBC’s New Insurance Chief Eyes ‘Crucial’ New China Expansion
Greg Hingston, who took over as global chief executive of HSBC Holdings Plc’s insurance unit in January, has had a busy quarter, closing the group’s first acquisition in a decade, building out the ... ( read original story ...)
HK retains competitive edge despite pandemic
John Siu, managing director of the Hong Kong office for global real estate services company Cushman & Wakefield, believes that the city's fundamentals as an international financial hub-its free flow ... ( read original story ...)
How Hong Kong’s Covid Troubles Infect Property Investing
Rising rates, falling prices and skittish tenants add plenty of risk to home-buying in the Asian financial hub. ( read original story ...)
Six UK judges defy calls to leave Hong Kong court
Six British judges on Hong Kong’s highest court have defied calls to stand down after two colleagues quit over curbs on freedom of speech.A joint statement yest ... ( read original story ...)
Domino’s China Operator DPC Dash Delivers Hong Kong IPO
Domino’s China operator DPC Dash has filed for a Hong Kong IPO that could raise up to $100 million and value the company at around $500 million Company has cashed in on China’s recent shift to takeout ... ( read original story ...)