Chinese companies wanting to go public in Hong Kong have had a hard time getting international investors to buy their shares. Local governments in China are stepping up to help fill the void—and ...
Mainland Investors Buy Hong Kong Stocks In Size
Hong Kong stocks were off slightly ... while healthcare -1.26%, communication -0.78%, and financials -0.37%. The top sub-sectors were telecom, energy, and media, while semis, pharma, and healthcare ...
WuXi Biologics Hatches New Baby With ADC Drug Unit IPO
Summary The drug outsourcing services company is spinning off its WuXi XDC unit, seizing on investor enthusiasm for a new generation of highly targeted ADC drugs.WuXi XDC has filed for a Hong Kong IPO ...
Hang Seng offers e-sign for mainland firms
Hong Kong-headquartered bank Hang Seng, with the aim of assisting companies that wish to expand their business in the territory, is providing its mainland customers with a commercial banking e-sign ...
UPDATE 1-China, Hong Kong stocks wobble; focus on stimulus
HONG KONG, July 19 (Reuters) - China stocks closed flat on Wednesday ... slower than a 14.9% rise in the first five months, finance ministry data showed. ** "With one weak print after another, ...
China’s finance ministry to issue sovereign yuan bonds in Hong Kong next month
BEIJING, July 19 (Xinhua) -- China's finance ministry will issue 12 billion yuan (about 1.68 billion U.S. dollars) of yuan-denominated bonds in the Hong Kong Special Administrative Region next month, ...
China Names Ex-Intelligence Official as Hong Kong Security Chief
China named a former top official from its secret intelligence agency the new head of Beijing’s national security office in Hong Kong, as the finance hub continues to crack down on dissent.
Hong Kong’s security appointee signals resolve for tight control
China's appointment of a top intelligence official to run Hong Kong's national security regime underscores its determination to tighten its grip on the financial hub, according to diplomats and ...
China, Hong Kong stocks extend losses, focus on stimulus
China and Hong stocks extended losses on Wednesday, with frail economic data continuing to weigh on sentiment as investors wait for meaningful stimulus as the next catalyst.
HSBC Buys Back 4.74M Shrs for About $299M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.7464 million shares in the UK and Hong Kong markets yesterday (18th), involving a total of about HK$299 million. Of these, 2.2464 ...
Higher Open Projected For Hong Kong Stock Market
(RTTNews) - The Hong Kong stock market on Tuesday wrote a finish to the five-day winning streak in which it had surged almost 1,100 points or 6 percent. The Hang Seng Index now sits just above the ...
Hong Kong talent war means new bank hires get 30% jump in pay
Finance and technology professionals in Hong Kong typically command higher pay than in the rival hub of Singapore. Read more at straitstimes.com.
Boyu Capital to buy Hong Kong-based medical device maker Quasar from Longreach Group in US$600 million deal
Buyout firm beat out other suitors for the Longreach Group-owned firm, including companies in the industry and other private-equity firms, sources say.
Hong Kong stocks tumble 2%, dragged by property and tech; Asia markets mixed
Australia's central bank will release the minutes for its July meeting Tuesday, which will detail its rationale for holding rates and its future outlook.