Alibaba Group and Tencent lead a rally on bets Chinese tech giants can look past regulatory hindrance to pursue growth. Developers also advance following measures to ease mortgage financing limits.
Hong Kong, mainland China to create plan within months for Greater Bay Area data transfer deal covering banking, personal care details, technology chief reveals
Secretary for Innovation, Technology and Industry Sun Dong says residents should not worry about data privacy, as it is protected under strict laws 'After years of negotiation with the country, we ...
BOC Hong Kong
BOC Hong Kong (Holdings) Limited is an investment holding company. The Company, along with its subsidiaries, is engaged in the provision of banking and related financial services in Hong Kong.
Ant’s surprise share buyback values firm at steep 75% discount to IPO
Ant Group on Saturday announced a surprise share buyback that values the fintech giant at $78.54 billion, well below the $315 billion touted in an abandoned IPO in 2020, in a move that may let some ...
Hong Kong raises maximum mortgage available for homes valued up to US$3.8 million
Hong Kong is raising the cap on loan-to-value (LTV) ratio for properties worth up to HK$30 million (US$3.83 million) for self-use homebuyers, the Hong Kong Monetary Authority (HKMA) said on Friday ...
Prestige Wealth IPO Lifts Hong Kong Stocks TOP, HKD, MEGL
Source: shutterstock.com/Lemonsoup14 Shares of Hong Kong wealth management firm Prestige Wealth (NASDAQ:PWM) are surging higher more than 100% today following its initial public offering (IPO) ...
Alibaba’s Ant Group Accepts Fine, Could An IPO Be Next, Week In Review
Asian equities ended a down week lower in advance of US employment data this morning.
Hong Kong stocks hit 5-week low as sell-off in ICBC, Chinese banks deepens while Alibaba jumps on Ant Group speculation
Local stocks hit the lowest level since June 1. ICBC and banking peers suffered their worst week since October. Premier Li Qiang said China will offer ‘targeted and synergistic’ measures to stabilise ...
Hong Kong Raises Maximum Mortgage Available for Homes Valued up to $3.8 Million
Hong Kong is raising the cap on loan-to-value (LTV) ratio for properties worth up to HK$30 million ($3.83 million) for self-use homebuyers, the Hong Kong Monetary Authority (HKMA) said on Friday, the ...
Business grads from HK pick J.P. Morgan and HSBC as most attractive employers
Students prefer companies with a “friendly working environment." Hong Kong’s new batch of talents from the business and commerce schools has named J.P. Morgan and HSBC as their ideal employers, ...
Goldman-Backed ClinChoice Considers Hong Kong IPO
ClinChoice, a clinical trial services provider backed by Goldman Sachs Group Inc., is considering a Hong Kong initial public offering as soon as next year, according to people familiar with the matter ...
Hong Kong stocks hit 5-week low as sell-off in ICBC, Chinese lenders persists while global funds exit
Local stocks continue to slide as ICBC and banking peers face the worst weekly slump since September. Chinese Premier Li Qiang says China will offer ‘target, synergistic’ measures to stabilise growth.
Adicon nets $52M in Hong Kong IPO, shares jump 12% on debut
Adicon Holdings Ltd. raised HK$409 million (US$52 million) in an initial public offering on the Hong Kong stock market. Its shares opened at HK$12.32, jumped 12% and closed at HK$13.8 on the first ...
Financial Executive At Hong Kong Billionaire’s Flagship Business Released On Bail Amid Corruption Probe
The deputy chief financial officer of the tobacco flavorings flagship business of Hong Kong Billionaire Chu Lam Yiu was released on bail on Thursday without charges a day after her arrest in a ...