HSBC HOLDINGS (00005.HK) announced that it has issued SGD675 million 5.300% Fixed Rate Resettable Subordinated Notes due 26 March 2034. Application will be made to list the Notes o... HSBC HOLDINGS ...
Hong Kong’s GEM market ‘a failure’ as 99% slump from peak pushes small-cap stocks into viability crisis
About 90 per cent of the 329 companies listed on the GEM are penny stocks, each trading below HK$1 The GEM market has not had an IPO since Grand Power Logistics was listed in January 2021; the stock ...
Wall Street Journal overseas teams are taking a hit as Hong Kong is trimmed and insiders brace for more cuts
The WSJ laid off editorial staff in Hong Kong, and insiders speculated more cuts could be coming. EIC Emma Tucker recently revealed her plan to jumpstart the paper's digital readership. She wants the ...
Asian Games 2023: Hong Kong golden girl Yang Qianyu to retire and care for sick parents after ‘completing’ career
Yang Qianyu, whose father suffered a stroke and mother fell ill in 2021, says ‘I don’t have any more energy for more competitions’.
Hong Kong based Web3 and blockchain fintech fund launches with USD100m in first close.
Hong Kong's push towards Blockchain enabled Fintech and Web3 innovation received strong tailwind through a new fund that CMCC Global launched this week. CMCC Global, one of Asia's earliest venture ...
Mid-Week In China: A Tough Export Climate & More Property Woes Sink Hong Kong Stocks
Fears of an increasingly tough climate for Chinese exporters and more malaise in the property market sent Hong Kong shares trading lower Wednesday. After trying to rise higher in the morning, the Hang ...
HSBC Buys back Nearly 4.79M Shrs for $292M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.7894 million shares of the company at HKD292 million yesterday (25th) in the UK and HK markets.Among which, 2.27... HSBC HOLDINGS ...
HSBC, Dubai Econ & Tourism Dept. Ink MoU to Propel Financial Connectivity
HSBC announced that it has inked a memorandum of understanding (MoU) for cooperation with the Dubai Department of Economy and Tourism. The collaboration aims to promote business and investment ...
Clara Chan, once called ‘goddess’ for her role in Cathay Pacific rescue, is the new boss of Hong Kong’s version of Temasek
Clara Chan Ka-chai, the incoming CEO of the new government investment company which will oversee HK$62 billion (US$8 billion) of funds, is not new to deal-making challenges, having earned the moniker ...
US startup investors sever ties with China
After venture capital giant Sequoia, GGV has now announced a separation of its Asian business. Escalating tensions between the USA and China are forcing investors to reconsider their strategies.
Hong Kong to get US$3.8 billion in foreign investment from 30 ‘strategic’ firms: Financial Secretary Paul Chan
The 30 companies in ‘strategic’ areas are set to create about 10,000 jobs in the city, Financial Secretary Paul Chan said on Wednesday.
Here’s A List Of The Top 10 Hong Kong Companies Buying Back Their Shares In September
As Hong Kong markets have sold off hard over the past few months, corporate stock repurchases have surged to an all-time high.
Finance chief says Hong Kong already Asia’s green finance hub
HONG KONG, Oct. 4 (Xinhua) -- Paul Chan, financial secretary of the Hong Kong Special Administrative Region government, said on Wednesday that Hong Kong is well developed in green finance and the city ...
Fukushima waste water: no room for Hong Kong to ease ban on Japanese seafood, environment chief says before second round of discharge
Secretary for Environment and Ecology Tse Chin-wan says ‘ball is in their court’, over whether Tokyo will stop discharge or provide clarity on matter.