"The high inflation and interest rate rises in the US and Europe, as well as the recent banking crisis all led to a quiet IPO market in Hong Kong and other markets." Shenzhen's ChiNext was the top ...
Hong Kong rejects US report criticising crackdown on freedoms
HONG KONG (Reuters) - Hong Kong on Saturday "firmly rejected" findings in a new U.S. government report that said U.S. interests had been threatened and that Beijing continued to "undermine" the rule ...
Explainer: Why Hong Kong is constitutionally obliged to balance the books
Terence Chong, executive director of the Chinese University of Hong Kong’s Lau Chor Tak Institute of Global Economics and Finance, told HKFP that the constitutional restriction was decided during ...
Blinken Says China Erodes Hong Kong’s Judicial Independence
US Secretary of State Antony Blinken denounced China for undermining the independence of Hong Kong’s courts, as the State Department released a new report condemning Beijing’s crackdown on dissent in ...
Global Finance CEOs Make First Post-COVID Visits to China
A flurry of top financial executives have visited China for the first time since the COVID-19 pandemic as global financial giants seek to cement their relations with Beijing at the start of President ...
HSBC chiefs hope to quell shareholder calls for break-up
The bosses of HSBC are preparing to face the bank’s legion of small investors in Hong Kong to try to quell a rebellion aimed at forcing it to break itself up. Mark Tucker, the chairman, and Noel Quinn ...
UPDATE 1-Global finance CEOs make first post-COVID visits to China
HONG KONG/SHANGHAI, March 31 (Reuters) - A flurry of top financial executives have visited China for the first time since the COVID-19 pandemic as global financial giants seek to cement their ...
Blinken Says China Is Eroding Hong Kong’s Judicial Independence
US Secretary of State Antony Blinken denounced China for undermining the independence of Hong Kong’s courts, as the State Department released a new report condemning Beijing’s crackdown on dissent in ...
The World Bank warns that the U.S.—China rift is hurting Asia’s growth and ‘the global availability of knowledge’
China relations will hinder the growth in both economies as well as other parts of Asia, and hurt innovation and information sharing around the world. “Politics, rather than economic fundamentals and ...
People are just finding out what HSBC stands for and even their customers have no idea
Referring to a report they read online, one person shared on Twitter: “they wrote The Hongkong and Shanghai Banking Corporation and i was WTF, but saw HSBC in brackets”. [sic] “Saw the name The Hong ...
New Hong Kong IPO regime draws no day-one listing applications, but eased rules will lure tech start-ups, analysts say
CEO Noel Quinn said during a media briefing in Hong Kong on Thursday. The bank has stepped up its business for tech companies after paying GBP1 (US$1.23) to take over the UK unit of Silicon Valley ...
Hang Seng China unfolds cross-boundary wealth management centre in GBA
The bank said to provide for the rising demand for the service, a team of professionals will manage Hang Seng GBA and will establish cross-boundary wealth management centres in Hong Kong and the ...
Hong Kong monthly retail sales post biggest growth in 13 years
HONG KONG, March 31 (Reuters) - Hong Kong's retail sales posted ... article with image 7:56 AM UTC Businesscategory Kraft Heinz agrees to sell Russian baby food business, local buyer says, article ...
Alibaba, JD.com Awaken China Tech’s Long-Dormant IPO Machine
JD.com Inc. have begun preparations for a trio of the year’s biggest Chinese debuts, heralding a wave of initial public offerings that promise to breathe new life into the struggling technology industry and Hong Kong’s stock market.