Chief Executive Carrie Lam has said that she has been forced to keep piles of cash around her home after she was sanctioned by the US. © Hong Kong Free P ... ( read original story ...)
Hang Seng tech ETF to launch in Singapore
Lion Global Investors and OCBC Securities have partnered to launch Singapore’s first technology-focused exchange traded fund, rolling out a new ETF that tracks the recently launched Hang Seng Tech ... ( read original story ...)
Hong Kong stocks close at 9-month high on upbeat China data
Hong Kong stocks ended at a nine-month high on Friday, gaining for the fourth week in a row, tracking mainland strength as upbeat profits from industrial firms pointed to a continued recovery in China ... ( read original story ...)
All gov’t workers to pledge loyalty to Hong Kong in one go
All civil servants in Hong Kong are to declare allegiance to the city in one go, Secretary for Civil Service Patrick Nip announced on Thursday. He said that pledging loyalty was a “basic requirement” ... ( read original story ...)
Hong Kong stocks favoured by mainland Chinese investors who invade market with US$77 billion of purchases
Many mainland Chinese may have given Hong Kong a miss amid travel restrictions. They are, however, invading the local stock market in search for higher returns. Onshore investors have snapped up ... ( read original story ...)
Evergrande Unit Poised to Price Hong Kong IPO at HK$8.80
China Evergrande Group’s property management arm is set to price the Hong Kong initial public offering of Evergrande Property Services Group Ltd. at HK$8.80 per share, below the mid-point of a ... ( read original story ...)
Evergrande Property’s Hong Kong IPO meets with lukewarm reception, raises $1.8 billion
Evergrande Property Services Group's Hong Kong IPO priced at the lower end of expectations to raise $1.8 billion, three sources said, the tepid demand underscoring concerns about the financial health ... ( read original story ...)
Hang Seng Bank (OTCMKTS:HSNGY) Share Price Crosses Above Fifty Day Moving Average of $15.86
Hang Seng Bank Limited (OTCMKTS:HSNGY) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $15.86 and traded as high as $17.89. Hang ... ( read original story ...)
Breakingviews – Lowly Europe bank values will outlast dividend ban
The decision to ban Europe’s banks from paying dividends this year is a strong candidate for the most maligned regulatory edict of recent years. Supervisors stopped payouts in an attempt to preserve ... ( read original story ...)
Evergrande Property’s Hong Kong IPO meets with lukewarm reception, raises US$1.8bil
Evergrande Property Services Group's Hong Kong IPO priced at the lower end of expectations to raise $1.8 billion, three sources said, the tepid demand underscoring concerns about the financial health ... ( read original story ...)
Hong Kong’s economy has ‘bottomed out’ and is set to recover, says economist
There may be some reprieve for Hong Kong’s economy after two years of anemic growth, according to Hao Zhou, a senior emerging markets economist at Commerzbank. The third quarter this year was Hong ... ( read original story ...)
HSBC Shares Surge on Dividend Bets as Turnaround Gains Steam
HSBC Holdings Plc shares surged as much as 8% in Hong Kong trading on optimism Europe’s biggest lender may soon resume paying dividends as a turnaround gathers speed. The shares rose 6.5% to HK$42.35 ... ( read original story ...)
HSBC Life Hong Kong announces Two Senior Appointments to Strengthen its Market-Leading Position and Growth its Health Propositions
HSBC Life has announced two senior appointments in Hong Kong to support its growth agenda while enhancing its ability to bring a multi-channel differentiated health and wellness proposition for ... ( read original story ...)
JD Unit Seeks up to $3.5 Billion in Asia’s Biggest Health IPO
JD Health International Inc. is looking to raise as much as $3.5 billion in its Hong Kong initial public offering in what would be Asia’s biggest health-care listing on record. ( read original story ...)