A Hong Kong court adjourned to June 11 a hearing of a petition on Friday seeking liquidation of Country Garden , providing a breather to the embattled Chinese developer amid Beijing's efforts to ...
HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake
Ping An last year had supported a shareholder motion to spin off HSBC’s Asia business and establish fixed dividends. The motion was eventually defeated.
Chinese property developer Country Garden’s Hong Kong liquidation hearing adjourned
A Hong Kong court adjourned to Jun 11 a hearing of a petition on Friday (May 17) seeking liquidation of Country Garden, providing a breather to the embattled Chinese developer amid B ...
Sustained Hong Kong bull market first step in proving doubters wrong again
Rebound of Hang Seng Index may have confounded the doom mongers, but Hong Kong also needs to attract liquidity and reclaim a top position for IPOs.
HSBC Shares Slide After Report Of Ping An Stake Sale
Shares in HSBC sank more than two percent in Hong Kong on Friday after a report said major investor Ping An Insurance was looking to trim its stake in the banking giant.
Hong Kong Shares May Head South Again On Friday
The Hong Kong stock market bounced higher again on Thursday, one session after ending the three-day winning streak in which it had ...
Is former Hong Kong leader Carrie Lam’s HK$9 million-a-year office sign of respect or ‘ridiculous’ use of public money?
Lam got her plush office in Admiralty as there was no space in building shared by former city leaders But lawmakers have questioned rising expenses of ex-leaders amid lack of clarity over roles after ...
Hong Kong stocks extend gains at open
Hong Kong stocks opened with more gains on Friday morning as investors brushed off losses on Wall Street and focused on possible US interest rate
Haidilao restaurant operator Super Hi prices US IPO at $19.56 per share
Super Hi International, which operates Chinese hotpot restaurant chain Haidilao in the overseas market, on Thursday priced its initial public offering in the United States at $19.56 per share. The ...
What Is the Hang Seng Index (HSI)?
The Hang Seng Index is a very important index that tracks stocks in China, Hong Kong, and Asia. Read on to learn more about why it matters.
{Block Trade}HSBC HOLDINGS (00005): 2m shares, or HK$140m
The deal amounted to HK$140m, or at HK$70 per share, 1.5% higher than previous close. HSBC HOLDINGS is now trading up 1.52% to HK$70, with 22.68 million shares of HK$1.58b ...
Hong Kong civil servants ‘could get 4.65 per cent pay bump’ as city shows signs of economic recovery
Speaking in his capacity as a lawmaker representing the business sector, Exco member Jeffrey Lam Kin ... Legislator and Federation of Hong Kong and Kowloon Labour Unions chairman Lam Chun-sing urged ...
B&K Corp Seeks IPO To Keep Its Slow-Developing Drugs Alive
B&K lost nearly 200 million yuan in the past two years, as its administrative expenses exceeded its R&D spending The drug maker’s president, who is also the founder’s son, has previous experience main ...
HANG SENG BANK’s Diana Cesar: Sustained High Interest Rate May Affect Desire to Buy Home
As of December 2023, home mortgage loans accounted for 40% of HANG SENG BANK's total loans, with very low delinque... HANG SENG BANK (00011.HK) +3.900 (+3.618%) Short selling $75.75M; Ratio 23.302% ...