Ant Group Co Ltd is considering selling its stake in its virtual banking unit in Hong Kong, Bloomberg News reported on Friday, citing people familiar with the matter. Ant Bank (Hong Kong) Ltd is in ...
Hong Kong’s IPO market expected to rebound in 2023, but the biggest one so far flopped in its debut
Hong Kong's IPO market is set for a rebound after being among the worst-performing markets in 2022 but a recent debut flop of a Chinese company dampened hopes.
End ‘megaphone diplomacy’ between UK and Hong Kong, says British diplomat
Consul general calls for ‘constructive engagement’ with territory as Chinese vice-president says he will attend king’s coronation ...
TOP Financial stock plunges 80% after soaring 60% in prior session (update)
Hong Kong brokerage TOP Financial (NASDAQ:TOP) stock plunged nearly 80% Thursday after soaring 60% during the prior session. Shares of TOP closed at $17.48. The stock hit a high of $107.00 in ...
Hong Kong Tourism Benefited From Return of Mainland China Visitors in March
Hong Kong's March retail sales rose 40.9 percent from a year earlier, as consumer and visitor spending continued to improve.
FedEx Plans to Move Asia Headquarters, Executives to Singapore From Hong Kong
FedEx Corp. is planning on moving its Asia-Pacific regional headquarters to Singapore from Hong Kong — another blow to the city’s image as an international business hub.
FedEx (FDX) to Shift Asia Base to Singapore From Hong Kong
FedEx Corp. is planning on moving its Asia-Pacific regional headquarters to Singapore from Hong Kong — another blow to the city’s image as an international business hub.
End ‘megaphone diplomacy’ between UK and Hong Kong, says top British diplomat
Consul general calls for ‘constructive engagement’ with territory as China’s Han Zheng confirms he will attend king’s coronation ...
Hong Kong homebuyers ignore rising interest rates as they snap up flats at Sun Hung Kai Properties’ University Hill project in Tai Po
Hong Kong’s biggest developer sold out all 191 units available by 5.30pm, suggesting that homebuyers have shrugged off rising mortgage loan costs, according to agents. “The market expects this to be ...
Alibaba Spin-Off IPO In The US As Mainland Returns From Vacation
Asian investors cheered the potential Fed pause as the Asia Dollar Index gained +0.23% versus the US dollar, while Japan, Malaysia, and Thailand were on holiday.
International Healthcare Week returns to showcase Hong Kong’s strengths in healthcare innovation and investment
The Business of Healthcare Advisory Zone will feature biotechnology and healthcare start-ups. Investors and industry experts ... organised by the HKTDC and co-organised by the Hong Kong Medical and ...
Hong Kong watchdog warns of potential conflict of interest between developers and management firms in private housing properties
The council study looked into the complicated legal regime governing Hong Kong's property management, a HK$55 billion market that affected about 1.6 million people living in privately owned ...
Hong Kong follows Fed rate hike, banking liquidity at fresh 2008 lows
HSBC said it would raise its best lending rate in Hong Kong by 12.5 basis points to 5.75%. Bank of China Hong Kong and Standard Chartered also lift their rates by 12.5 basis points. "Amid an uncertain ...
Hong Kong stocks jump from 1-week low as Fed hints at rate pause while mainland markets reopen to strong holiday data
Stocks climb from a one-week low as Hong Kong property developers advance on possible end to higher borrowing costs. Markets in the mainland strengthen as trading resumes after a three-day break.