Hong Kong’s de facto central bank has intervened in foreign exchange markets to defend the city’s currency peg.
Billionaire Richard Li’s FWD Group seeks to raise $442 million in Hong Kong IPO
Insurer FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion ($442.08 million) through a Hong Kong initial public offering, according to a regulatory filing on Thursday.
Richard Li’s FWD Group Seeks $442 Million in Hong Kong IPO
Billionaire Richard Li’s FWD Group Holdings Ltd. is seeking to raise HK$3.5 billion ($442 million) in a Hong Kong initial public offering, seizing on a hot market to finally launch a share sale ...
Billionaire Richard Li’s FWD Group seeks to raise HK$3.47 billion in Hong Kong IPO
INSURER FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion (S$565.3 million) through a Hong Kong initial public offering, according to a regulatory filing on Thursday.
Hong Kong’s de facto central bank intervenes as Hong Kong dollar hits weak end of trading range
Hong Kong's de facto central bank said on Thursday it sold 1.2 billion U.S. dollar against the Hong Kong dollar, which hit the weak end of its trading band.
Hong Kong’s Securities and Futures Commission approves Guotai Junan Securities to offer virtual-asset trading services
Guotai Junan Securities (Hong Kong), a subsidiary of Guotai Junan International, has reportedly secured approval to offer virtual-asset trading services, making it officially the first Chinese ...
Hong Kong Intervenes to Defend FX Peg as Local Currency Drops
Hong Kong’s de facto central bank bought the local dollar to prop it up on Thursday, in a move to defend the city’s currency peg to the greenback.
Hong Kong Real Estate Firm’s Art Lending Deal with Sotheby’s Hits Snag
Meanwhile, Sotheby's has bolstered its art-lending services in Hong Kong since late last year, joining institutions like HSBC and Citi in offering loans against alternative assets ...
How a Hong Kong startup is using 3D-printed tiles to help restore coral reefs – CBS News
3D printed “tiles” help revive coral around the world 03:37. A startup in Hong Kong is trying to help coral adapt to the problems humans have caused — with its innovative use of 3D printing ...
Hong Kong startup targets lithium battery waste with AI-powered recycling system – MSN
Lithium battery waste is piling up, and a Hong Kong-based startup is showing the world how to clean it up smartly. Achelous Pure Metals has developed a portable, eco-friendly recycling system ...
PH, Hong Kong customs deal to boost bilateral trade
Finance Secretary Ralph Recto said Wednesday a cooperative customs arrangement between the Philippines and Hong Kong is expected to boost trade and ...
PHL, HK SAR customs deal near fruition–DOF
THE Philippines is set to finalize a customs cooperation agreement with Hong Kong SAR to streamline trade and prevent the entry of smuggled and illicit goods, according to the Department of Finance ...
Hong Kong targets Switzerland’s crown as asset management capital: Paul Chan
Hong Kong Financial Secretary Paul Chan outlines city's strategy to become the world's top asset management hub by 2027, citing strong capital inflows from the Middle East and ASEAN as the city ...
Hong Kong’s strengths in bridging East and West amid trade war: finance chief
Financial Secretary Paul Chan stresses investors are showing their confidence with their capital, despite global uncertainties.