Tencent Music Entertainment Group is pressing ahead with its Hong Kong listing plans with a goal to start trading in the Asian financial hub as soon as next week, according to people familiar with the ... ( read original story ...)
Recent Hong Kong home buyers stand to lose millions as prices decline – some already have
Many people who bought flats in Hong Kong over the past five years are looking at a loss if they decide to sell now, as housing prices continue to slide. One has already lost HK$5.85 million ... ( read original story ...)
Hong Kong’s millionaire population falls 14 per cent in first half as coronavirus- battered economy drives exodus
Hong Kong slipped four places to 12th in a list compiled by migration consultancy Henley China's tech hub, Shenzhen, is on the rise in terms of its wealthy population and is likely to break into the ... ( read original story ...)
5Neusoft Medical Sets Sights Again on HK IPO, With Business…
Neusoft Medical has taken several twists and turns on the IPO road, reversing out of an earlier bid to join Shanghai’s STAR Market and now making a third attempt to list shares in Hong Kong ... ( read original story ...)
Live news: JPMorgan executive warns of looming fall in investment banking fees
JPMorgan Chase’s revenues in investment banking could fall as much as 50 per cent year on year in the third quarter, one of the US bank’s most senior executives said on Tuesday. The guidance at ... ( read original story ...)
HSBC, Standard Chartered among major Hong Kong banks offering higher deposit rates of up to 3 per cent to attract cash, new customers
Major Hong Kong banks are offering high rates for long-term deposits in a bid to secure funds from retail clients to offset a substantial rise in the cost of borrowing from the interbank market. ( read original story ...)
Tesla supplier’s rival Gauges demand for $2 billion Hong Kong IPO
Chinese battery maker CALB Co. has started gauging investor demand for its $2 billion Hong Kong initial public offering. The Jiangsu-based lithium battery maker, a competitor for bellwethers ... ( read original story ...)
CATL’s battery rival starts gauging demand for US$2 billion Hong Kong IPO
Chinese battery maker CALB Co has started gauging investor demand for its US$2 billion Hong Kong initial public offering.The Jiangsu-based lithium battery maker, a competitor for bellwethers ... ( read original story ...)
SPACs underwhelm in Singapore and Hong Kong in first year
Special-purpose acquisition companies (SPACs) have received a cooler than expected response in both Hong Kong and Singapore, with some launches from early in the year fizzling and few new applications ... ( read original story ...)
Hong Kong PolyU launches fashion challenge
Hong Kong Polytechnic University (PolyU) has teamed up with local financial services company Hang Seng Bank to co-found the Sustainable Future Challenge in Textiles and Fashion. The competition ... ( read original story ...)
Hong Kong can only fully reopen borders if Covid-19 vaccination rate improves, finance chief says; city logs 9,033 new cases
It has been extremely challenging to strike a balance between curbing the pandemic and facilitating travel, while preserving the economy’, Paul Chan says. ( read original story ...)
Hong Kong confronted by bleak outlook, with banks’ record high borrowing costs set to hit property market, economy
The interest rates Hong Kong’s banks charge each other for borrowing money have hit new highs and are expected to drive up their funding costs. ( read original story ...)
Chinese president may enshrine his views on ‘one country, two systems’ principle for Hong Kong in Communist Party’s charter
Article on Hong Kong by top policy body suggests leadership will formalise updates to principle by putting Xi Jinping's views into party's constitution, analysts say President is expected to seek ... ( read original story ...)
Hong Kong sports minister confident Rugby Sevens, major snooker event will go ahead; city logs 9,787 new Covid-19 cases
Hong Kong Marathon may not take place in spite of organisers accepting an entry field of 25,000 runners, down from the 37,000 they previously wanted. ( read original story ...)