A lender has taken possession of Evergrande's Hong Kong headquarters after the cash-strapped Chinese property developer defaulted on a loan. ( read original story ...)
Principal weighs selling Hong Kong pension business
Principal Financial Group is considering selling its pension fund business in Hong Kong — a move that would help streamline its portfolio. ( read original story ...)
China Evergrande lenders appoint receiver to seize Hong Kong headquarters – sources
Lenders of struggling Chinese developer Evergrande Group have appointed a receiver this week to seize its Hong Kong headquarters, two sources said, as the world's most indebted developer struggles to ... ( read original story ...)
Battery Maker CALB Wins Nod for $2 Billion Hong Kong IPO
CALB Co., a Chinese battery supplier for electric vehicle makers, has received approval from the Hong Kong stock exchange for an initial public offering, according to people familiar with the matter. ( read original story ...)
Hong Kong should turn to culture to compete against New York and London, says senior mainland official
Cultural development will boost city’s pursuit of financial and innovative goals, according to deputy director of Beijing’s liaison office. ( read original story ...)
Global shares rise as investors watch for central bank moves
Global stock benchmarks mostly rose Thursday as investors closely watched a European central bank meeting and sought to juggle concerns about inflation and recession. France's CAC 40 rose 0.1% to ... ( read original story ...)
Hong Kong lawmakers, brokers support bill paving the way for mainland Chinese investors to trade yuan-denominated stocks in city
Financial Secretary Paul Chan disclosed the plan to introduce a 'one stock, two currencies' option in his blog last weekend The daily turnover on the southbound link of the Stock Connect averaged US$5 ... ( read original story ...)
From NYSE to Hong Kong Stock Exchange, these are the top 5 equity markets globally
Equity investments are some of the most popular and oldest forms of investment in the world. The Dutch East India Co. was the first company to offer the public equity shares of its business, ... ( read original story ...)
Hong Kong developer Chinachem buys TikTok’s London office for US$182 million
Acquisition of Kaleidoscope from London-listed Helical marks privately held Hong Kong company's first overseas venture Chinachem will continue to seek opportunities in 'other major developed markets', ... ( read original story ...)
Hong Kong stock market outranks US peers as top bet, HKIFA survey shows
... Cha Shih May-lung on Wednesday said that opportunities in the Greater Bay Area can help Hong Kong to beat Singapore. Separately, Secretary for Financial Services and the Treasury Christopher Hui ... ( read original story ...)
Five Hong Kong speech therapists convicted of sedition over children’s books about wolves and sheep
Five speech therapists in Hong Kong were found guilty of a conspiracy to publish seditious children's books on Wednesday, in a case that rights defenders say marks a major blow to free speech amid a ... ( read original story ...)
Tencent-Backed Weilong Weighs Hong Kong IPO Launch Next Month
Chinese snack maker Weilong Delicious Global Holdings Ltd. is weighing kicking off its long-awaited Hong Kong initial public offering, which could raise about $500 million, as soon as October, ... ( read original story ...)
Principal Weighs Selling Hong Kong Pension Business, Sources Say
Principal Financial Group Inc. is considering selling its pension fund business in Hong Kong, people familiar with the matter said, a move that would help the US financial services firm streamline its ... ( read original story ...)
Tencent Stake Worth $7.6 Billion Appears in Hong Kong Clearing System
Tencent Holdings Ltd. shares worth $7.6 billion appeared in Hong Kong’s clearing and settlement system, spurring speculation that a large stakeholder is gearing up to offload more shares. Most Read ... ( read original story ...)