Hong Kong is seeing a sudden rush of Chinese nationals entering the city, with more visitors arriving at the hub’s international airport in May than the past two years combined. ( read original story ...)
SM Teo Chee Hean and next Hong Kong leader John Lee welcome closer ties in meeting
Senior Minister Teo was on the fourth and final day of a working visit to Hong Kong. . Read more at straitstimes.com. ( read original story ...)
China’s EV Maker WM Motor Said to Weigh $1 Billion Hong Kong IPO
Chinese electric vehicle manufacturer WM Motor Holdings Ltd. is considering raising about $1 billion in a Hong Kong initial public offering, according to people familiar with the matter. Most Read ... ( read original story ...)
HSBC to Invest 3 Billion Yuan in Chinese Business – Xinhua
HSBC Holdings plans to invest more than 3 billion yuan($448 million) in its China operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges for the economy but ... ( read original story ...)
Chinese electric car start-up WM Motor files to go public in Hong Kong
Although China's electric car market is the largest globally and a fast-growing one, automakers such as BYD and Tesla dominate sales. Chinese start-ups such as Nio and Xpeng — both listed in the U.S. ( read original story ...)
Hong Kong police seize submachine gun, ammunition during HK$3.6 million drugs bust, investigate whether radicals were planning attack
Police are investigating whether radicals had planned to launch an attack in Hong Kong after seizing a high-powered submachine gun and 50 rounds of ammunition during a raid on a subdivided flat in a ... ( read original story ...)
Regulators launch Hong Kong-China ETF Connect following long delays
Six years after scheme was proposed, investors will soon be able to trade eligible ETFs on each other’s exchanges ... ( read original story ...)
China’s EV maker WM Motor said to weigh US$1b Hong Kong IPO: sources
CHINESE electric vehicle manufacturer WM Motor Holdings is considering raising about US$1 billion in a Hong Kong initial public offering (IPO), according to people familiar with the matter. Read more ... ( read original story ...)
Shanghai reopening: tech stocks in Hong Kong are worth a punt as China passes short-term peak Covid-19 pain, Alpine Macro says
Chinese tech companies are likely trading at trough earnings with trough multiples, the research firm said in a report published on Tuesday The firm recommended a long position on the Hang Seng Tech ... ( read original story ...)
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Get the latest local business news delivered FREE to your inbox weekly. A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Wednesday, June ... ( read original story ...)
How did Hong Kong’s insurance industry fared in its first quarter?
The industry showed only flat growth across both long-term and general business. Hong Kong’s insurance industry only showed a mild increase of 0.5% of total gross premiums to $20.16b (HK$$158.2b) in ... ( read original story ...)
Hong Kong insurance market remains flat for first quarter
Hong Kong’s Insurance Authority (IA) has released its provisional statistics for the first quarter of 2022, with total gross premiums growing by 0.5% year on year to HK$158.2 billion (SG$27.6 billion) ... ( read original story ...)
AXA introduces free add-on benefits to provide extra protection for Travel Insurance Customers in quarantine after returning to Hong Kong
Filling the coverage gap for their journey with no registration requiredHONG KONG SAR - Media OutReach - 1 June 2022 - AXA Hong Kong (AXA) is offering "AXA Free Protection ... ( read original story ...)
HSBC Buys back Over 3.14M Shrs in HK, London Ytd for $164M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.1464 million shares in London and Hong Kong yesterday (31 May), involving a total of approximately HKD164 million. HSBC ... ( read original story ...)