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Month: November 2022

Posted on 22/11/2022

Hong Kong’s Bananas Rule Shows Confusing Web of Covid Curbs

Hi, it’s Bruce in Hong Kong. The Asian financial hub has continued to make slow progress in its shift away from Covid Zero, but some remaining rules are simply, well, bananas. Before that, let’s take ...

Posted on 21/11/2022

Chinese Nickel Producer Lygend Seeks Up to $593 Million in Hong Kong IPO

In a lackluster year for IPOs, Lygend becomes the latest company along the electric-vehicle supply chain to tap public markets.

Posted on 21/11/2022

China Reopening, E-Commerce Plays Sell Off in Hong Kong as Lockdowns Re-emerge

We've seen Alibaba Group Holding ( and HK:9988) as well as e-commerce rival JD.com ( and HK:9618) come in with recent earnings that beat expectations while top-line revenue disapp

Posted on 21/11/2022

Controversial T. rex skeleton auction scrapped in Hong Kong

Questions have been raised about the origin of some parts of the 3,100 pound skeleton of the T. rex, dubbed "Shen."

Posted on 21/11/2022

Manulife gets China approval to take full control of fund business

Canada's Manulife Financial Corp has become the first foreign financial firm to receive regulatory approval in China to take full control of a funds joint venture, paving the way for it to expand its ...

Posted on 21/11/2022

Business intelligence platform SPEEDA officially enters Hong Kong market-helping enterprises to reduce costs and increase efficiency

HONG KONG SAR - Media OutReach - 21 November 2022 - Recently, business intelligence platform SPEEDA, announced its official entrance into the Hong Kong market with its ...

Posted on 21/11/2022

Hong Kong leader Lee isolating with COVID-19 after APEC trip

Hong Kong leader John Lee tested positive for the coronavirus after meeting with other regional leaders the Asia-Pacific Economic Cooperation forum in Thailand, the city government said Monday.

Posted on 21/11/2022

Alibaba, Nio Slide Over 3%: Hong Kong Stocks Falter As China COVID-19 Death, Rising Cases Spark Fears

Hong Kong stocks opened lower on Monday, with the benchmark Hang Seng losing over 2.5% in morning trade, as COVID-19 cases continued to rise in China and Beijing’s most populous district extended its ...

Posted on 21/11/2022

Hong Kong stocks fall 2% on Covid fears; China keeps benchmark lending rates on hold

Shares in the Asia-Pacific mostly fell on Monday amid Covid concerns and as China's central bank kept its benchmark lending rates, or loan prime rates, on hold.

Posted on 21/11/2022

Christie’s cancels controversial T-rex auction in Hong Kong

Christie's has called off the auction of a Tyrannosaurus rex skeleton, the auction house told AFP on Monday, days before it was due to go under the hammer in Hong Kong.

Posted on 21/11/2022

Citigroup Upgrades Hong Kong Stocks, Boosting Buy China Calls

Citigroup Inc. turned more bullish on Chinese stocks, upgrading Hong Kong to overweight in Asia, saying Beijing’s pivots on Covid Zero and property should lift earnings.

Posted on 21/11/2022

The week in TV: Brian Cox: How the Other Half Live; I’m a Celebrity…; 1899; Hong Kong’s Fight for Freedom and more

The Succession star rages against inequality; all aboard Netflix’s Victorian steamship horror; Hongkongers turn to violence; and The Handmaid’s Tale is back on track

Posted on 21/11/2022

Hong Kong property deals almost doubled in Q3

Transaction volumes grew 93% to USD4.4 billion during the quarter. Transaction volumes increased by 93% QOQ in Hong Kong in Q3, despite the US Federal Reserve’s sharp rate hikes prompting investors to ...

Posted on 21/11/2022

UPDATE 1-China’s Lygend Resources targets nearly $600 mln in Hong Kong IPO

Nov 21 (Reuters) - Chinese nickel producer and trader Lygend Resources is aiming to raise around $600 million in a Hong Kong initial public offering (IPO), according to its prospectus published on ...

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