Hong Kong will keep its guard up against any external risks and challenges after a shaky economic recovery earlier this year, the city’s finance minister has vowed. Financial Secretary Paul Chan Mo-po ...
Hong Kong raises record US$6 billion from green bond offering as city pushes ahead with its sustainable finance hub ambitions
Hong Kong raised a record US$6 billion in its biggest multicurrency green bond offering, as the government looks to establish the city as a leading international green financing hub.
Hong Kong’s Hang Seng jumps 4% led by gains in property and consumer stocks
Hong Kong’s Hang Seng index was up 2.33% in its first hour of trade, leading gains in the wider region. The technology sector led the rally with stocks like Baidu, JD.com and Alibaba all up about 4%.
HSBC terminates bank accounts of Hong Kong opposition party League of Social Democrats without giving reason
Hong Kong’s HSBC bank has closed three bank accounts used by the League of Social Democrats (LSD) – one of the few remaining opposition parties in the city – for receiving donations, according to a ...
Tech stocks rally in Hong Kong on China stimulus, US rate pause bets while BYD leads EV makers on robust sales
Local stocks are headed for the biggest gain in three months amid optimism China will soon deliver the much needed stimulus to revive its recovery momentum. BYD leads EV makers after a robust month of ...
‘Priced to perfection’: Hong Kong goes all out with $6bn green jumbo
The deal priced on Wednesday was Hong Kong’s second jumbo green bond of the year — the first being a similar triple-currency deal in January — and its third overall in 2023, if its debut HK$800m ...
Chinese EV maker Hozon weighs June filing for US$1 billion Hong Kong IPO, sources say
Hozon New Energy, which manufactures affordable electric vehicles, has plans for a US$1 billion IPO in Hong Kong at a time when the sector is witnessing a brutal price war and intense competition ...
Hong Kong stocks decline for second session as Nikkei 225 increases
Stocks in the Asia-Pacific region mostly grew Thursday, June 1, with the Hong Kong market declining for the second session. Hong Kong's Hang Seng ...
Hong Kong launches retail-friendly rules for crypto exchanges
Hong Kong opened its arms to the virtual asset world on Thursday, launching new retail-friendly rules for the city's crypto exchanges. The regulatory regime launched Thursday means that after a ...
Chinese EV Maker Hozon Weighs June Filing for $1 Billion Hong Kong IPO, Sources Say
Hozon New Energy Automobile Co., a company making affordable electric vehicles in China, is considering filing for its $1 billion Hong Kong initial public offering as soon as this month, according to ...
Hong Kong stocks poised to rebound as monetary easing boosts China’s economic recovery, says Hang Seng Qianhai Fund Management
Hong Kong stocks are likely to rebound from heavy sell-offs in the second half of the year as a potential easing of monetary policy boosts China’s economic recovery, says Hang Seng Qianhai Fund ...
HSBC DOUBLES DOWN ON SUPPORT TO INNOVATION ECONOMY IN HONG KONG AND MAINLAND CHINA DEDICATED LENDING FUND INCREASES TO USD3 BILLION
Expanding lending to climate tech, industrials, consumer, technology, and healthcare and life sciences through new "HSBC New Economy Fund"* **Rolling out venture debt in Hong Kong** HONG KONG, May ...
Hang Seng on cusp of bear market as China factories cool and JPMorgan says ‘consumer might not get stronger’
The Hang Seng is on the brink of a bear market having fallen nearly 20% from a recent peak after more data showing a slowdown in China.
Hong Kong consumers spoiled for choice as payment platforms offer sweeteners to win users ahead of consumption voucher release
Octopus will distribute 1 million cash coupons for participating merchants which include fast food chain McDonald’s, convenience chain Circle-K and home goods store JHC. The coupons will be given out ...