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Month: April 2023

Posted on 29/04/2023

Hong Kong Approves 33,000 Talent Visa Applications, SCMP Says

Hong Kong has approved more than 33,000 talent visa applications as of the middle of this month, the South China Morning Post reported, citing Chief Secretary Eric Chan.

Posted on 29/04/2023

Interim measures released for Chinese mainland-HK interest rate swap market collaboration

File photo shows an exterior view of the People's Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang) BEIJING, April 29 (Xinhua) -- The People's Bank of China (PBOC) on Friday released a ...

Posted on 29/04/2023

Stock Tied to Hong Kong-Based Financial Company Rockets 441.05%

Shares of Top Financial ( TOP) rose $88.21, or 441.05% to close at $108.21. Earlier in the wild trading session, the stock changed hands for as much as $256.44. In after-hours trading, shares fell ...

Posted on 29/04/2023

HK Banking System Balance Drop to Record Low Since 2008

HKMA has undertaken HKD6.916 billion of sell orders this morning, making the balance of the banking system to fall through HKD50 billion, marking a record low since the 2008 global... HKMA has ...

Posted on 29/04/2023

HSBC Nuno Matos Forecasts HK to Become World’s Largest Wealth Mgmt Center by 2027

Nuno Matos, CEO of Wealth and Personal Banking at HSBC HOLDINGS (00005.HK) told "21 Finance" that Hong Kong is anticipated to surpass Switzerland to become the world'... Nuno Matos, CEO of Wealth and ...

Posted on 29/04/2023

MARKET REPORT: Prudential stock boosted by Hong Kong sales drive

The insurer reported a 29 per cent rise in sales to £1.23billion ($1.55billion) in the first three months of the year.

Posted on 29/04/2023

Top Financial Group, Hong Kong Shares Soar on Nasdaq, Like in Meme-Stock Era

Kong-headquartered companies were halted by the Nasdaq stock exchange in action reminiscent of the meme-stock era.

Posted on 29/04/2023

Hong Kong-Based Stocks Rally Hard on Nasdaq

Kong-headquartered companies were halted by the Nasdaq stock exchange in action reminiscent of the meme-stock era.

Posted on 29/04/2023

Hong Kong broker Top Financial stock soars as much as 900% on meme trade

Yahoo Finance Lie discusses a rise in shares of Top Financial as the stock soared as much as 900% on meme trade.

Posted on 29/04/2023

An Introduction to Doing Business in Hong Kong 2023 – New Publication from China Briefing

An Introduction to Doing Business in Hong Kong 2023, the latest publication from China Briefing and Dezan Shira & Associates, is out now and available for download through the Asia Briefing ...

Posted on 29/04/2023

Meme stock TOP Financial Group soars more than 890%, spurred on by the Reddit crowd

The stock of the Hong Kong-based broker that went public last year hit new records on Friday, but it's profit and revenue are tiny.

Posted on 29/04/2023

EXPLAINER | Why are the US and China fighting over chips?

Microchips are the lifeblood of the modern global economy: the tiny slices of silicon are found in all types of electronics -- from LED lightbulbs and washing machines to cars and smartphones.

Posted on 29/04/2023

HKSTP Crowns Overall Champion Skyland Innovation at EPiC 2023 Pitching Competition Beating Over 610 Global Startups

Hong Kong Science and Technology Parks Corporation (HKSTP) today successfully held its 7 th Elevator Pitch Competition (EPiC), naming Hong Kong startup, Skyland Innovation, as the overall 2023 ...

Posted on 29/04/2023

Hong Kong’s new normal clouded by doubts of freedom under China

Hong Kong’s recovery after years of protests, crackdowns, and pandemic restrictions is underway, but residents are conflicted about the true state of the city. Many feel the city’s openness and ...

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