"Today, the industry consensus has returned to business fundamentals; top-line growth without net profits is meaningless." A wave of Chinese bubble-tea companies is now following in ChaPanda's ...
Hong Kong hopes inclusion of Reits in the Stock Connect scheme could help close gap with Singapore
There are 11 Reits listed on the Hong Kong exchange, and all of them have property assets in Hong Kong and China. “Fund managers welcome the inclusion as it means that there is an expansion in the ...
Wall Street Journal cuts Hong Kong staff, shifts focus to Singapore
The Wall Street Journal has announced staff cuts at its Hong Kong bureau as it shifts its “center of gravity in the region” to Singapore, marking the latest blow to the financial hub’s once-thriving ...
Hong Kong Regulators Start Insider Dealing Case Against Segantii Capital
Hong Kong’s securities regulator has started criminal proceedings against hedge fund management firm Segantii Capital Management, the firm’s founder and a former trader over insider dealing.
Global hedge funds chase Hong Kong stocks rally, UBS says
Global hedge funds that use an equities long-short strategy are growing increasingly bullish on China, evidenced by the heavy pick-up in their purchases of Hong Kong-listed shares, UBS Group said in a ...
Hong Kong regulator brings insider trading charges against Segantii and its founder
Hong Kong's securities regulator started an insider dealing prosecution against hedge fund Segantii Capital Management, its founder and a former trader, the watchdog said on Thursday.
Hong Kong’s Paul Chan encourages regional bank members to use city’s fundraising platforms, professional services
Finance Secretary Paul Chan on four-day trip to Georgia to attend Asian Development Bank’s 57th annual meeting.
Hong Kong Stocks Are on Their Longest Winning Streak Since 2018
Hong Kong stocks are on their longest-winning streak since 2018, adding to signs that a recovery in one of the worst-performing markets last year is well underway. The benchmark Hang Seng Index rose as much as 2.2% on Friday, set for a ninth straight ...
Hong Kong’s Hang Seng Index opens 1.85 pct higher
HONG KONG, May 3 (Xinhua) -- Hong Kong's Hang Seng Index jumped 336.17 points, or 1.85 percent, to open at 18,543.3 points on Friday. ■
HEDGE FLOW Global hedge funds chase Hong Kong stocks rally, UBS says
Swiss bank UBS said in a note Hong Kong market trends had changed in the final days of April, in contrast to that since February when most inflows came from short covering. As Hong Kong stocks rose, ...
Hong Kong filmmakers using AI count savings in time and money; others fear loss of creativity and human touch
Roger Proeis is in Tseung Kwan O, in Hong Kong’s New Territories, and walking around a cavernous railway station unlike any in the city. The station, complete with ticketing machines, escalators, ...
Mayer Brown Splits From Hong Kong Unit Amid US-China Tension (2)
Mayer Brown is breaking away from its offices in Hong Kong, the latest international law firm to reduce its presence in the region amid escalating tensions between the US and China.
False keypad, card reader found on Hong Kong bank deposit machine sparks warning for ATM users to be on alert
Police urged the public to remain vigilant when using ATMs. “They should pay attention to any abnormalities in the card slot, keypad and the keypad’s protective cover,” Mak said. Police said the ...
Ethereum ETF approval looks unlikely in U.S. amid slow Hong Kong launch
With the U.S. Securities and Exchange Commission (SEC) making its first decision on spot ether exchange-traded funds (ETFs) later this month, optimism around the regulator's decision has dimmed in the U.S., just as Hong Kong logged $11.2 million in trades of its first spot bitcoin and ether ETFs earlier this week.