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Month: November 2022

Posted on 18/11/2022

Chinese reporter beaten by Hong Kong protesters in 2019 died: Report

A former mainland Chinese reporter who became a public figure after his assault by protesters at Hong Kong’s airport during the 2019 unrest, has died. Fu Guohao died in October 2021 aged 30 after ...

Posted on 18/11/2022

Gold luck: BOC accidentally finds P80-M gold pieces of jewelry in airplane toilet

The BOC said in a statement that the bundles of jewelry weighing 24 kilos in total were discovered hidden inside the toilet of aircraft PR 301 which arrived from Hong Kong on November 17. According to ...

Posted on 18/11/2022

Property risks manageable for Hong Kong banks: analyst

Hong Kong banks’ profitability will be supported by strong net interest margins in 2023, whilst property-related risks should be manageable. Stronger net interest margins should support bank ...

Posted on 18/11/2022

Sunshine Insurance Said to Win HKEX Approval for $1 Billion IPO

China’s Sunshine Insurance Group Co. has received approval from the Hong Kong stock exchange for an initial public offering that could raise about $1 billion, according to people familiar with the ...

Posted on 18/11/2022

First Hong Kong tour groups leave for Taiwan after self-ruled island reopens to city under eased Covid rules

They had visited the island once and were looking for a quick getaway from Hong Kong. Hong Kong cuts PCR screening requirement for incoming travellers to 2 tests Yu, who like her sister is travelling ...

Posted on 18/11/2022

Growatt Receives Approval for $1 Billion Hong Kong IPO, Sources Say

(Bloomberg) — Growatt Technology Co. Ltd., a Chinese solar energy device maker, has received approval from the Hong Kong Stock Exchange for an initial ... $1 billion through the share sale and could ...

Posted on 18/11/2022

Wildlife summit could upend Hong Kong’s shark fin trade

Hong Kong is one of the world's largest markets for shark fin ... A California-based lab-grown meat start-up received the first green light for such products from the US food safety agency.

Posted on 18/11/2022

Hong Kong to Reduce Covid Testing Requirement for Arrivals

Hong Kong will cut in half the number of laboratory Covid-19 tests new arrivals must undergo starting next week.

Posted on 18/11/2022

Could Hong Kong really become China’s proxy in crypto?

Roughly a few days after, on Oct. 21, Hong Kong’s Secretary for Financial Services and the Treasury, Christopher Hu, shared his city’s fintech plans, among other efforts, directed at “transferring ...

Posted on 17/11/2022

Growatt Receives HKEX Approval for $1 Billion Hong Kong IPO, Sources Say

Growatt Technology Co., a Chinese solar energy device maker, has received approval from the Hong Kong stock exchange for an initial public offering, according to people familiar with the matter.Most R ...

Posted on 17/11/2022

Singapore versus Hong Kong’s 62 IPOs in 2022

As a case in point, this year, when growth in both China and Hong Kong slowed on the back of multiple Covid lockdowns, and mainland and Hong Kong capital made their way to the Lion City, for the 10 ...

Posted on 17/11/2022

‘Nimble’ BOC makes a splash with biodiversity themed bond

Bank of China was nimble in executing the transaction,” Alan Roch, head of credit for Asia Pacific at Crédit Agricole CIB, told GlobalCapital Asia, referring to a narrow issuance window in Asia after ...

Posted on 17/11/2022

China’s Central Bank, Pandemic Undercut Hong Kong Stock Market

The Hong Kong Hang Seng Index opened lower Thursday and stalled, finishing down 1.2% after the People's Bank of China warned of inflation risks and as COVID-19 tallies continued to rise on the ...

Posted on 17/11/2022

FINTECH POWERS THE NEW NORMAL ECONOMY

The coronavirus crisis has provided a catalyst for a digital transformation through financial technology — or fintech.

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