A company backed by the mother of Asia pop megastar Jay Chou saw its stock tumble by a record 73% Wednesday, with no immediately apparent reason.
Hong Kong hits out at US Congress for passing a bill that could close its representative offices
But Beijing and Hong Kong insist the law is necessary to bring back stability to the financial hub. Anna Kwok, executive director of the Hong Kong Democracy Council, a Washington-based group ...
At China’s Zhongzhi, risky practices preceded shadow bank’s collapse
Zhongzhi Enterprise Group, a former leader of China's shadow banking sector that declared insolvency last year, used aggressive and potentially illegal sales practices to sustain its operations as it ...
Hong Kong’s regulatory support, connector role appeal to investors, medical tech firms say
InvestHK has assisted nine medical technology companies to set up or expand their businesses, attracting US$7.7 million of investments.
Midea’s HK IPO to raise $3.5 billion
MIDEA Group, the world's largest home appliance maker, announced on Sunday plans to raise up to HK$27 billion ($3.46 billion) in an initial public offering (IPO) at the Hong Kong Stock Market, ...
Midea seeks to raise US$3.46 billion on HKEX as blockbuster IPOs tiptoe back to Hong Kong
The jumbo IPO would be the city’s biggest new-share offering since JD Logistics raised the equivalent of US$3.64 billion in May 2021.
Hong Kong sells one of its biggest ‘Silver Bonds’ at lower coupon before US Fed’s rate cut
Hong Kong is cutting the guaranteed annual coupon for its ninth round of "Silver Bonds" for investors aged 60 and above to cope with faster inflation, days before a widely expected US interest rate ...
Hong Kong offers US$6.4 billion of ‘Silver Bonds’ at 4% coupon as inflation bites
The ninth round of bonds for senior savers offers a lower yield than 2023’s offering days before a widely expected rate cut by the Federal Reserve.
Jockey Club launches Philanthropy for Better Cities Forum 2024, ushering in Hong Kong Philanthropy Week
HONG KONG, HONG KONG / ACCESSWIRE / September 10, 2024 / The Hong Kong Jockey Club Charities Trust convened its fourth Philanthropy for Better Cities (PBC) Forum 2024 at West Kowloon Cultural District ...
Hong Kong’s CK Hutchison plans to raise up to US$1.5 billion in dollar bonds: sources
HONG Kong conglomerate CK Hutchison is planning to raise up to US$1.5 billion in a two-tranche US dollar bond deal, according to two sources with direct knowledge of the matter. Read more at The ...
Oversold Hang Seng Called Higher On Tuesday
The Hong Kong stock market has moved lower in five straight sessions, slumping more than 800 points or 4.6 percent in that span. The ...
China Everbright Bank Co. Ltd.
1 Day 6818 -1.30% DJIA 1.20% S&P 500 1.16% Financial Services -0.59% Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in ...
Trio behind HK$11 million robbery of Hong Kong influencer jailed for up to 6 years, 4 months
Chan Siu-tat, Leung Yuk-yin and Yeung Chun-ming plead guilty to robbing cosmetics businesswoman So Mei-yan’s home in 2020.
Scammers get Hong Kong accontant to stay in hotels for a week, steal HK$16 million from him
Police say retiree fell to phone scammer who impersonated mainland government investigator, while alleged suspect in con possibly a victim himself.