Hong Kong Exchanges & Clearing reported record profit and revenue for the second quarter as trading and listing activity in the Asian financial hub continued to gain momentum.
Hong Kong lender Dah Sing says first-half credit charges surge 34%
HONG KONG (Reuters) -Hong Kong-headquartered lender Dah Sing Banking Group said its credit impairment in the first half of this year increased 34% year-on-year, as the weakening commercial property ...
Hong Kong exchange’s first-half profit jumps nearly 40% to record
Hong Kong's stock exchange operator said on Wednesday its first half profit rose almost 40% to a record HK$8.52 billion ($1.09 billion), driven by a sharp increase in daily stock trading and a revived ...
Hong Kong exchange reports jump of nearly 40% in first-half profit
HONG KONG] Hong Kong’s stock exchange operator said on Wednesday (Aug 20) that its first half profit reached HK$8.5 billion (S$1.4 billion), up almost 40 per cent, driven by a sharp increase in daily ...
Hong Kong Officials Harden Their Stance on ‘Soft Resistance’
With pro-democracy movements long squashed, the government is targeting any hint of subtler expressions of discontent. Even establishment figures say it may be too much.
Hong Kong stocks fall for fifth day amid US-China tariff fears, Wall Street sell-off
US Treasury Secretary Scott Bessent hints that the tariffs on Chinese goods could remain in place for some time.
Hedge Fund ExodusPoint Expands Hong Kong Office on Cheaper Rents
Hedge fund firm ExodusPoint Capital Management took up a new floor in Hong Kong’s Central business district, taking advantage of a dip in commercial office rents.
FDA to halt McKinsey contracts amid federal probes into opioid work
McKinsey worked with Purdue for 15 years, starting in 2004. Purdue has pleaded guilty to three felonies as a result of conduct spanning a decade — 2007 to 2017 — while it was working closely ...
Most Hong Kong SMEs under financial strain in last year
In fact, Hong Kong has emerged as the most severely impacted region in the Airwallex report, based on responses from 500 SME owners and decision-makers in the city, with an overwhelming 96% reporting ...
Hong Kong exchange’s confidential filing option lures tech listing hopefuls, law firm says
Nearly half of the biotech and technology start-ups seeking IPOs are opting for confidential filings, according to lawyer with Cooley.
Shein reportedly weighs moving back to China in a bid for Hong Kong IPO approval
Shein is reportedly considering moving its headquarters back to China in a bid to facilitate its Hong Kong initial public offering plans.
China’s iQIYI hires banks for up to $300 million second listing in Hong Kong, sources say
By Kane Wu and Julie Zhu HONG KONG (Reuters) -Chinese video streaming platform iQIYI has hired Bank of America, CICC and JPMorgan to work on a second listing in Hong Kong, which could raise between ...
China, Hong Kong benchmarks close lower on profit taking
HONG KONG: China and Hong Kong equity benchmarks closed lower on Tuesday, as investors booked profits after a rally on the mainland index, and ahead of a key US central bank meeting this week that ...
Hong Kong court jails man for 4 years for planning bomb attack on police
Judge says Srisanga Hon-wing’s intended attack on officers during 2019 anti-government protests could have had ‘unimaginable’ consequences.