Hong Kong’s Hang Seng index fell 1.16% in the final hour of trade, with the Hang Seng Tech index down 3.15% as Covid cases in China continue to grow. In mainland China, the Shanghai Composite rose ...
Hong Kong stocks fall for 5th straight day as COVID prompt profit-taking; China markets steady
The Hang Seng index dropped 1.3%, while the Hong Kong China Enterprises Index lost 1.7%. ** Both the CSI300 index and the Shanghai Composite Index were roughly flat. ** "Previously, Hong Kong stocks ...
Hong Kong believes stablecoin volatility can spillover to traditional finance
The study also the crash of Terra USD (UST), an algorithmic stablecoin issued by Terraform Labs, which had caused mass redemption of Tether (USDT).
Six former staff of Hong Kong newspaper plead guilty to conspiracy to collude
HONG KONG, Nov 22 (Reuters) - Six former members of staff at Hong Kong's defunct pro-democracy newspaper Apple Daily pleaded guilty on Tuesday to conspiracy to commit collusion with foreign forces in ...
Chinese exchanges say COVID testing firms to face strict IPO checks
Chinese stock exchanges said they will strictly vet listing applications from COVID-19 testing companies, in response to media reports voicing concerns over fundraising plans by beneficiaries of the ...
Sunshine Insurance premarkets $1bn HK IPO
Founded in 2004, Sunshine provides life and health insurance, property and casualty insurance and asset management. It made total revenue of Rmb120tn in 2021, up 4.3% from Rmb115tn in 2020. After-tax ...
Citi bolsters HK BCMA team
He returns to Citi from Standard Chartered, where he was an MD within corporate, commercial and institutional banking, covering blue-chip conglomerates, family offices and public sector clients in ...
Hong Kong’s crypto push sets up race to bottom
Few cities in the world have expressed a desire to throw open cryptocurrency trading to retail investors since the devastating collapse of Sam Bankman-Fried’s exchange. That puts Hong Kong in a league of its own.
6 Apple Daily staff plead guilty to collusion in Hong Kong
Six former executives of a now-defunct Hong Kong pro-democracy newspaper on Tuesday pleaded guilty to a collusion charge under the National Security Law that has silenced and jailed most opposition voices in the southern Chinese territory.
Six former staff of Hong Kong newspaper plead guilty to conspiracy to commit collusion
Six former staff of Hong Kong's defunct pro-democracy newspaper Apple Daily pleaded guilty on Tuesday to conspiracy to commit collusion with foreign forces in a closely watched national security case.
Hong Kong Dollar Rises Toward Strong Half of Band as Short Sellers Bail
The resurgent Hong Kong dollar has pushed closer to the strong half of its trading band, amid a spike in local funding costs that has upended crowded bets on shorting the currency.Most Read from ...
How Hong Kong gourmet food start-up Le Dessert is tapping into tech to grow
Started by a Frenchman in 2018, Le Dessert has quickly risen to prominence in Hong Kong’s competitive food landscape, thanks to a strong focus on technology and customer service.
Furniture maker Decca narrows price range, downsizes proposed $30M US IPO
Hong Kong-based furniture maker Decca Investment (DCCA) has downsized and narrowed the price range for its proposed $30M US initial public offering.
Hong Kong: How to build back trust
The city has slipped down the maritime hub rankings. There’s plenty of advice on offer to climb back in the second instalment of our brand new Hong Kong magazine. This is likely the most challenging ...