Hong Kong shares closed near a four-month low on Thursday following a selloff in equity markets worldwide, as a resurgence in COVID-19 cases and warnings from U.S. Federal Reserve officials undermined ... ( read original story ...)
HSBC loyalists lose faith after stock’s $114 billion plunge this year
HSBC Holdings' tumbling stock price is testing the patience of even the bank's most loyal investors.. Read more at straitstimes.com. ( read original story ...)
Hong Kong says social media used in 20% of its stock manipulation cases
Hong Kong's financial markets watchdog said on Thursday that about 20% of the market manipulation schemes it is currently investigating are so-called "ramp and dump scams" conducted via social media. ( read original story ...)
Hong Kong could expand investment menu on mainland stocks to attract US$5.6 billion of funds, think tank says
The recommendations signal more efforts in store to defend Hong Kong’s position as a financial hub by leveraging Asia’s biggest pool of securities for growth. This will give foreign investors access ... ( read original story ...)
Billionaire Property Heir Has Big Bets on Troubled Hong Kong
From building Hong Kong’s largest shopping mall to constructing a sprawling $3.9 billion sports center, Adrian Cheng has been one of the most aggressive property investors in town. It’s a costly ... ( read original story ...)
Hong Kong company director arrested on suspicion of laundering HK$400 million
Hong Kong customs has arrested the director of a possible shell company on suspicion of laundering HK$400 million (US$51.6 million) through eight bank accounts over the past two years. Her capture was ... ( read original story ...)
Ant Plans $17.5 Billion Hong Kong IPO, No Cornerstones
Jack Ma’s Ant Group Co. is aiming to raise $17.5 billion in its Hong Kong share sale and won’t seek to lock in cornerstone investors, confident there will be plenty of demand for one of the largest ... ( read original story ...)
Ant Group to raise $17.5 billion via Hong Kong IPO without cornerstone investors – sources
China's Ant Group plans to raise about half of its $35 billion dual listing in Hong Kong and will not offer a cornerstone tranche as it bets on strong demand from institutional investors, sources said ... ( read original story ...)
ZHA reveals designs for Hong Kong office block on world’s most expensive site
The prime plot is located near a number of iconic office towers, including IM Pei’s 72-storey Bank of China building Cesar Pelli’s 63-storey Cheung Kong Centre and Foster + Partners’ 1985 Hong Kong ... ( read original story ...)
Ant Plans $17.5 Billion Hong Kong IPO, No Cornerstone Investors
(Bloomberg) -- Jack Ma’s Ant Group Co. is aiming to raise $17.5 billion in its Hong Kong share sale and won’t seek to lock in cornerstone investors, confident there will be plenty of demand for one of ... ( read original story ...)
Hong Kong Traders Chased 1,600-1 Odds to Buy IPO That Flopped
One of Hong Kong’s most-popular initial public offerings among retail investors fell in its debut, pouring cold water on the city’s red-hot sentiment over new listings. ( read original story ...)
Bank of East Asia to launch sale of insurance business in strategy overhaul
HK> said on Wednesday it had decided to initiate a sale of its insurance business following the completion of a review of its portfolios and assets. ( read original story ...)
Hong Kong Traders Chased 1,600-in-1 Odds to Buy IPO That Flopped
One of Hong Kong’s most-popular initial public offerings among retail investors dropped in its debut, pouring cold water on the city’s red-hot sentiment over new listings. ( read original story ...)
JD.com to Spin Off Healthcare Unit in Hong Kong IPO
Chinese e-commerce giant JD.com (NASDAQ:JD) will spin off its massive JD Health subsidiary in an initial public offering (IPO), the company has revealed in a tersely worded regulatory filing. It will ... ( read original story ...)