Asian equities were lower on light volumes as investors sat on the sidelines in advance of central bank press conferences.
Niche tech firms ride favorable policies on way to IPOs
The China Securities Regulatory Commission has said that the nation will temporarily slow the pace of IPOs and further regulate major shareholders' share reductions. Experts said the policy mix will ...
Hong Kong illegal structures: luxury-house owner in Redhill Peninsula scandal facing second prosecution for ignored orders on another home
Authorities will prosecute owner of Villa Cornwall on 85 Castle Peak Road in Tuen Mun over unauthorised blocks and additional roof installation Orders against earlier case were issued six years ago, ...
Hong Kong may be warming to crypto, but rules are rules: A crypto influencer and 5 others were just accused of ‘conspiracy’
Lam was a promoter of the crypto exchange JPEX, which was publicly admonished last week by the Hong Kong's version of the SEC, the Securities and Futures Commission, or SFC. Lam said he has incurred ...
Hong Kong’s poorest households struggle to benefit from post-pandemic recovery as wealth divide reaches worst point in over 10 years: NGO
Poverty report from Oxfam Hong Kong also finds wealthiest 10 per cent of city's households earned 57.7 times more than bottom 10 per cent in first quarter 'Economically inactive households make up a ...
Hong Kong to tighten regulation of cryptocurrencies after arrests
Hong Kong’s leader says the territory will scrutinize the regulation of digital assets after police arrested eight people over allegations of fraud at an unlicensed cryptocurrency exchange that ...
Hong Kong fund favours Macau, India and Indonesia credit as cracks in China’s junk bonds shrink market by 85 per cent in 3 years
The Chinese high-yield bond universe has shrunk by 85 per cent according to an index compiled by Intercontinental Exchange and Bank of America after snowballing debt defaults BEA Union favours bonds ...
Tencent-Backed Tuhu Car Set to Price IPO at Bottom of Range at HK$28, Sources Say
By Dave Sebastian Tuhu Car, an automotive-services company backed by Chinese technology giant Tencent Holdings, is likely to price its initial ...
Hong Kong stocks slip to 4-week low as investors shun banks, developers before Fed, HKMA policy actions
Local stocks trade lower as investors shun banks and property developers before the Fed and HKMA deliver their policy decisions later this week. BYD and JD.com lead losses within their sectors.
Chinese AI Company on U.S. Export Blacklist Launches IPO
A Chinese artificial-intelligence company on a U.S. export blacklist has started its initial public offering in Hong Kong. Beijing Fourth Paradigm Technology, which offers AI software for businesses, ...
Crypto firms cannot claim to be banks says Hong Kong SFC
Hong Kong's financial watchdog, the Securities and Futures Commission, has issued a stern warning that Crypto firms cannot claim to be banks.
Crypto Firms Mislead Public With ‘Bank’ Claims, Hong Kong Central Bank Warns
The Hong Kong Monetary Authority (HKMA) has issued a stern warning to cryptocurrency firms against using the term "bank" or describing their products as "deposits." ...
Hong Kong’s latest retail green bond offering receives ‘positive’ response in low interest rate environment
The notes, with a tenor of three years, will make an interest payment every six months and guarantee a minimum payment of 4.75 per cent, higher than last year's 2.5 per cent Locking in guaranteed ...
A crypto influencer was arrested in Hong Kong for a potential $128 million fraud involving 1,400 people
Police arrested Joseph Lam and five others on Monday for "conspiracy to defraud" investors, and nearly HK$1 billion could be involved.