Category: FINANCE

It would be irresponsible for us to force firms to prepare disclosures that they don't have bandwidth for, HKEX executive says Impact of ESG often hard to translate into financial figures, CLP ... ( read original story ...)

The sub-index of the Hang Seng tracking energy shares climbed 0.5% and the Hong Kong property sector edged up 0.09%, while the IT sector dipped 0.61% and the financial sector slid 0.34% ** The top ... ( read original story ...)

HONG KONG (Reuters) - China's finance ministry said on Thursday that it will issue an additional 5.5 billion yuan ($773.18 million) worth of yuan-denominated sovereign bonds in Hong Kong on Oct. 12. ( read original story ...)

Chinese electric-car battery maker CALB opened flat on its first day of trading in Hong Kong. The stock opened unchanged from its IPO price of HK$38, before changing hands recently 1.4 per cent lower ... ( read original story ...)

It capped the biggest first-day decline on record for a listing of that size or bigger in the city. IPO proceeds in Hong Kong are down nearly 75% for the year, and half of the 18 companies that listed ... ( read original story ...)

By Yifan Wang Chinese electric-vehicle battery maker CALB Co. fell in its Hong Kong trading debut, becoming the latest newly listed company in the ... ( read original story ...)

Credit Suisse has become a poaching ground for rivals recently, with the bank struggling to contain the fallout of a series of scandals Read more at straitstimes.com. ( read original story ...)

The Hong Kong Monetary Authority (HKMA) has lifted its base interest rate five times this year to 3.5 per cent, a 14-year high, in lockstep with the US Federal Reserve. Commercial banks including HSBC ... ( read original story ...)

Billboards in Sydney and Melbourne have also been plastered in ads from the Hong Kong government declaring a “new era” of “stability, prosperity and opportunity” for the global financial hub. The ... ( read original story ...)

Load Error At issue: the Hong Kong Monetary Authority’s Global Financial Leaders’ Investment Summit in November, where senior executives from financial institutions including JPMorgan Chase, Citigroup ... ( read original story ...)

Drastic options are on the table, including a large-scale investment banking retreat, a sale of its securitized products business — and, of course — a lot of layoffs to cut costs. In Hong Kong, one of ... ( read original story ...)

Inequality has dramatically worsened in Hong Kong, Oxfam warned Wednesday, placing further pressure on the financial hub's leaders who have been ordered to reduce poverty by Chinese President Xi ... ( read original story ...)

China Aviation Lithium Battery (CALB), the country's third-largest EV battery maker, priced the shares at the bottom of its marketed range The Hong Kong tranche, which was undersubscribed 0.21 times, ... ( read original story ...)

Property transactions are expected to fall to historic lows this year, with the first half of the year affected by Covid-19 lockdowns and the second half hit by rising interest rates. ( read original story ...)