The Hong Kong stock market has moved higher in two straight sessions, advancing more than 210 points or 1 percent along the way. The ...
Before the Bell: Futures steady ahead of BoC decision, U.S. inflation data
Just after Wednesday’s opening bell, Canadian investors will get the latest rate decision from the Bank of Canada. Markets are expecting the central bank to again keep rates unchanged. The bank paused ...
Chinese liquor maker ZJLD to start taking orders for US$900 million Hong Kong IPO soon, sources say
ZJLD Group’s IPO would be the largest in Hong Kong since electric-vehicle battery maker CALB’s US$1.3 billion listing in October. Only US$860 million has been raised in the city so far this year.
Chinese Liquor Maker ZJLD to Start Taking Orders for $900 Million HK IPO Soon
(Bloomberg) -- ZJLD Group Inc., a Chinese liquor company, is planning to start taking investor orders as early as next week for what could be this year’s biggest initial public offering in Hong Kong, ...
HSBC hires Silicon Valley Bank bankers to focus on tech, healthcare
A logo of HSBC is seen on its headquarters at the financial Central district in Hong Kong, China August 4, 2020. REUTERS/Tyrone Siu/File Photo ...
Fresh crackdown on mobile phone fraudsters targeting Hong Kong announced by watchdog
Anti-fraud voice and message alerts to warn call recipients about potential scams to be added to all numbers prefixed with '+852' Telecoms watchdog says service providers had already started to block ...
Hin Leong founder and former oil tycoon OK Lim on trial for instigating forgery, cheating HSBC in US$111.7 million case
SINGAPORE: The founder of collapsed oil trading firm Hin Leong Trading Lim Oon Kuin went on trial on Tuesday (Apr 11) for charges of cheating a bank and instigating forgery involving US$111.7 million ...
Alibaba Units’ Possible IPOs Spark Hot Investor Demand
Shares of Alibaba Group Holding Ltd.’s units that may soon become public are expected to be in high demand as the breakup unleashes value in the wake of regulatory woes, investors said.
London will lose “to New York, Hong Kong and Shanghai for years to come” warn City bosses
The threat of recession and penal inflation are unattractive to investors. Multi-billion IPOS are likely to be the domain of New York, Hong Kong and Shanghai in the years to come.” Those fears grew ...
Hang Seng Bank names Cheung Ka Ki as head of corporate governance
She has over 20 years of experience in legal counsel and company secretarial services, according to Hang Seng Bank. Cheung was admitted as solicitor in Hong Kong and in England and Wales, as well as ...
HKMA intervenes in the currency market for the fourth time this year ahead of expected US rate rise next month
Hong Kong banks increased their prime lending rates three times last year, by a total of 62.5 basis points. HSBC, Bank of China (Hong Kong) and Hang Seng Bank have set their best lending rate at 5.625 ...
Bright prospects for Hong Kong as bridge between Middle East and Greater Bay Area, says former minister Gregory So
Former Hong Kong commerce minister Gregory So Kam-leung believes the city has what it takes to help bridge two markets with enormous potential, the Middle East and China’s Greater Bay Area.
Mainland China Sees 10 IPOs After Rule Change
Asian equities were largely higher less Mainland China though Hong Kong, Australia, and the Philippines were closed for Easter Monday.
Credit card fraud victims may have to foot bill in ‘serious negligence’ cases, Hong Kong lawmaker warns as HK$500,000 debt hangs over victim
Edward Leung says he has been assisting three victims who were told 'serious negligence' on their behalf invalidated their claims for reimbursement He calls for clearly defined meaning of term to help ...