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Category: FINANCE

Posted on 01/07/2023

Hong Kong slides into ninth place worldwide for IPOs after fundraising falls to 20-year low in first half of 2023

Hong Kong fell to ninth place in a global ranking of IPO venues, but analysts are optimistic the city can repeat last year’s performance and make a strong comeback in the second half of 2023.

Posted on 01/07/2023

Hong Kong: Key events since the 1997 handover

Hong Kong has had a turbulent history since it was handed over from Britain to China 26 years ago. Read more at straitstimes.com.

Posted on 01/07/2023

Hong Kong: A Turbulent Road Since The Handover

Hong Kong has had a turbulent history since it was handed over from Britain to China 25 years ago. Here are some key dates: On July 1, 1997, at midnight, Hong Kong is returned to Chinese sovereignty ...

Posted on 01/07/2023

Why Top Financial Group Stock Soared 20% Higher Today

In its fiscal 2023, which ended on March 31, Top Financial earned $9.7 million in total revenue. This represented an improvement of 24% over the 2022 figure. Net income was $3.4 million, or $0.10 per ...

Posted on 30/06/2023

HSBC accused by US and UK lawmakers of oppressing Hong Kong residents on pensions

Two influential China hawks in the US Congress and UK parliament have accused HSBC of oppressing Hongkongers over pension rights if they want to emigrate, in a sign of the pressure on the bank as it ...

Posted on 30/06/2023

Hong Kong pro-democracy radio station closes in face of ‘dangerous’ pressure

A Hong Kong pro-democracy radio station will air its final show Friday evening, ending nearly two decades of broadcasting due to what it called a "dangerous” political situation.

Posted on 30/06/2023

Hong Kong government to sell only 2 plots of residential land in second quarter of financial year amid weak market sentiment

Hong Kong’s government has defied market expectations by announcing it will sell only two plots of residential land in the second quarter of the financial year – about half the number forecast by some ...

Posted on 30/06/2023

Hong Kong stocks set for worst quarterly loss since reopening amid weak China manufacturing, banker reports

Hong Kong stocks were headed for the biggest quarterly slide since China reopening, after a government report showed Chinese manufacturing contracted in June. A central bank survey showed loan demand ...

Posted on 30/06/2023

Hong Kong detains 8 on eve of Tiananmen anniversary

HONG KONG--Hong Kong police detained eight people, including activists and artists, on the eve of the 34th anniversary of China’s Tiananmen Square crackdown, a move that signals the city’s ...

Posted on 30/06/2023

HK Pro-Democracy Radio Station Shuts After Bank Account Frozen

A Hong Kong pro-democracy radio station will air its final show Friday evening, ending nearly two decades of broadcasting due to what it called a “dangerous” political situation.Most Read from ...

Posted on 30/06/2023

Hong Kong out of ‘political quagmire’ and should not go down wrong path again, Beijing’s top man in city says in lead-up to July 1 celebrations

Hong Kong has gradually “walked out of a political quagmire” and should not head in the wrong direction again, Beijing’s top man in the city has said while calling for the financial hub to seize ...

Posted on 30/06/2023

Hong Kong catering sector banking on 2-month shopping festival to bring 20 per cent business surge as part of July 1 celebrations

Hong Kong’s catering sector is banking on a two-month shopping festival to bring a 20 per cent surge in business, with the event part of July 1 celebrations to mark the 26th anniversary of the city’s ...

Posted on 30/06/2023

BOC Hong Kong (Holdings) goes ex-dividend tomorrow

BOC Hong Kong (Holdings) (OTCPK:BHKLY) had declared $2.2985/share semi-annual dividend. Payable July 21; for shareholders of record July 3; ex-div June 30. See BHKLY Dividend Scorecard, Yield Chart, & ...

Posted on 29/06/2023

Hong Kong government to sell only two plots of residential land in second quarter of financial year amid weak market sentiment

says Secretary for Development The total supply for the first half of the financial year - including private developments - should support some 8,280 flats, which is about 65 per cent of the annual ...

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