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Category: FINANCE

Posted on 26/07/2023

Hong Kong market’s gains cut short ahead of Federal Reserve’s interest rate decision

The Hang Seng Index fell in early trading after making handsome gains a day earlier, tracking losses in Japan and Korea, ahead of the Federal Reserve’s interest rate decision.

Posted on 26/07/2023

Hong Kong ramps up its game in bid to strengthen appeal as financial hub

It launched incentives for family offices and is aiming for more tech listings on its stock exchange Read more at straitstimes.com.

Posted on 26/07/2023

IPO Update: Healthy Green Group Readies $13 Million U.S. IPO

Healthy Green Group Holding Limited has filed proposed terms for a $13 million U.S. IPO. Click for my rating and review of the upcoming GDD IPO.

Posted on 26/07/2023

HSBC Buys Back 4.64M Shrs for About $290M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.6403 million shares in the UK and Hong Kong markets yesterday (13th), involving a total of about HK$290 million.... HSBC HOLDINGS ...

Posted on 25/07/2023

Exchange Fund, Hong Kong’s currency-peg defender, reports first-half gain of US$14 billion as global stock, bond markets rebound

Brace for mortgage pain as HSBC, Hong Kong peers seen raising rates: survey The US Federal Reserve is widely expected to raise interest rates on Thursday for the 11th time since March 2022 by 25 basis ...

Posted on 25/07/2023

Singapore’s Keppel, HSBC sign agreement for decarbonisation solutions

Singapore's Keppel Corporation said on Tuesday it signed an agreement with HSBC for pursuing energy transition opportunities aimed at reducing emissions in Greater Bay Area and across Asia.

Posted on 25/07/2023

China’s crackdown on IPO risk factors is a warning

Global investors are getting whiplash from the mixed messages coming from Beijing. The country's securities watchdog met last week with local law firms and asked them to tone down negative ...

Posted on 25/07/2023

HSBC Hong Kong, Singapore’s Keppel to explore climate mitigation cooperation in Greater Bay Area and Asia

HSBC’s Hong Kong unit has signed an MOU with Singapore conglomerate Keppel to explore collaboration opportunities on decarbonisation as part of efforts between the two cities to forge closer ties.

Posted on 25/07/2023

Keppel, HSBC sign agreement to collaborate on energy transition solutions

SINGAPORE - Keppel Corporation said on Tuesday it signed an agreement with HSBC for pursuing energy transition opportunities aimed at reducing emissions in China’s Greater Bay Area and across Asia.

Posted on 25/07/2023

HSBC Buys Back Over 3.97M Shrs for About $254M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 3.9721 million shares in the UK and Hong Kong markets yesterday (24th), involving a total of about HK$254 million. Of these, 1.8473 ...

Posted on 25/07/2023

Under Financial Pressures and New Leadership, More Than Half of the Hong Kong Arts Centre’s Staff Has Departed

Since the departure of longtime director Connie Lam Suk-yee, half the staff has fled new leadership at the Hong Kong Arts Centre.

Posted on 25/07/2023

Hang Seng Poised To Make Back Some Of Monday’s Losses

The Hong Kong stock market turned lower again on Monday, one session after ending the three-day slide in which it had slumped more ...

Posted on 25/07/2023

Better off delisted? US$1.9 billion of Hong Kong take-private deals in spotlight as China bankers dominate shrinking fees

Controlling shareholders in 10 companies have proposed to take their companies private in transactions worth HK$14.9 billion (US$1.9 billion) this year Billionaire Xu Shihui is seeking to delist Dali ...

Posted on 25/07/2023

Deal Watch: Will IPOs Strike Back This Year?

Through the first half of 2023, traditional IPOs raised $9.1 billion. According to Dealogic, the 10-year average for the first six months of the year is about three times that, or $27 billion. But ...

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