Calb Co., a Chinese battery supplier for electric vehicle makers, is planning to seek Hong Kong stock exchange approval for its initial public offering in the city as soon as this week, according to ... ( read original story ...)
Hong Kong leader skips press briefing for record seven weeks
While the city leader has pulled back from the weekly news briefing, he hasn't been absent from the public eye. Read more at straitstimes.com. ( read original story ...)
EV maker Leapmotor wins approval for Hong Kong IPO
Leapmotor won approval from the Hong Kong stock exchange on Monday for its planned listing in the city, becoming the latest Chinese electric vehicle ... ( read original story ...)
Futu Announces Second Quarter 2022 Unaudited Financial Results
Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the second ... ( read original story ...)
China arrests hundreds in rural banking scandal
Police in China have arrested 234 suspects allegedly involved in a rural banking scandal, a month after hundreds of depositors protested over their lost savings in one of the largest demonstrations ... ( read original story ...)
Hong Kong stocks end with another loss
Hong Kong stocks closed down on Tuesday, extending losses sparked by a warning from Federal Reserve boss Jerome Powell that the bank would continue ... ( read original story ...)
Singapore Targets Hong Kong’s High Earners With Latest Work Visa
If you earn over a quarter-million dollars a year, Singapore wants you. A new, flexible five-year work visa for foreigners making at least S$30,000 ($21,500) a month is the latest salvo in a race to ... ( read original story ...)
Hang Seng Indexes Company launches new China enterprise tracker
Hang Seng Indexes Company on Monday launched the Hang Seng Stock Connect China Enterprises Index (HSCEA) -- an extension of its widely referenced Hang Seng China Enterprises Index (HSCEI). The HSCEA ... ( read original story ...)
Tencent-backed car services platform Tuhu files for Hong Kong listing, with source saying it aims to raise US$400 million
Tuhu Car has shifted its listing plan from the US to Hong Kong and aims to raise about US$400 million: source Start-up was founded by Chen Min in Shanghai in 2011 and offers a wide range of car ... ( read original story ...)
Former HSBC banker Vincent Cheng dies at age 74
Former top banker Vincent Cheng, who was the first Chinese to become the chairman of HSBC Asia Pacific, has died at the age of 74. Cheng, who ... ( read original story ...)
Behind the Scenes, Hong Kong is Setting the Stage for the Next Fintech Revolution
As a global financial centre, Hong Kong is at the forefront of CBDC innovation. Since 2017, the Hong Kong Monetary Authority (HKMA) has been researching the potential of Distributed Ledger ... ( read original story ...)
Hong Kong home prices hit lowest level in more than 2 years, may lose another 10 per cent amid rising interest rates
Home prices fell 1.6 per cent in July and have dropped 4.5 per cent this year, according to the government's index Prices could sink an additional 10 per cent this year amid buyer hesitancy linked to ... ( read original story ...)
Hong Kong July home prices fall to lowest since early 2020
Hong Kong private home prices in July dropped to the lowest since February 2020, according to official data, as homebuyers turned more bearish due to rising interest rates and an uncertain outlook. ( read original story ...)
“Hong Kong dollar selling” not means capital outflow, not to affect financial, monetary stability of Hong Kong: finance chief
HONG KONG, Aug. 28 (Xinhua) -- "Hong Kong dollar selling" amid U.S. interest rate hikes does not mean capital outflow, and will not affect the financial and monetary stability of Hong Kong, said Paul ... ( read original story ...)