The Hong Kong stock market on Wednesday wrote a finish to the three-day slide in which it had slumped more than 315 points or 1.4 percent. The Hang Seng Index now sits just above the 24,125-point ... ( read original story ...)
The turmoil in Hong Kong is an opportunity for India
Hong Kong’s future as a global financial hub is less promising after China’s authoritarian action – to control the pandemic and civil liberties – led to an exodus of expatriate finance industry ... ( read original story ...)
Hong Kong stocks close slightly higher
Shares in Hong Kong ended slightly higher on Wednesday after a volatile day, helped by hopes the Chinese central bank will unveil fresh economy-boosting measures soon, following an interest rate cut ... ( read original story ...)
Entrepreneurial State Bank Makes Hong Kong’s First SPAC Application
Aquila Acquisition has applied to become Hong Kong’s first SPAC listing, formed by a group connected to China Merchants Bank Investors must put up at least ... ( read original story ...)
Asia Picks Up the IPO Slack With Record Run of Listings and More to Come
Hello, it’s Pei Li here in Hong Kong. Today we’re looking ahead to some of Asia’s biggest upcoming IPOs, with the region enjoying a crop of listings. There’s also more to recap on the mega ... ( read original story ...)
Hong Kong Inflation to Rise as Cargo Flights Cut, Citi Warns
Hong Kong consumers will see rising prices and possibly shortages of some goods this year as airlines slash cargo flights, Citigroup Inc. warns, highlighting the costs of the city’s zero-Covid ... ( read original story ...)
Hang Seng gains as China pledges to open policy toolbox to aid growth while Alibaba tumbles on US regulatory concerns
China's central bank pledges to open its toolbox wider and stem any collapse in credit, deputy Governor says in briefing Regulatory risks surrounding Alibaba Group re-emerge as the Biden ... ( read original story ...)
HK stocks edge up in volatile session
Shares in Hong Kong ended slightly higher on Wednesday after a volatile day, helped by hopes the Chinese central bank will unveil fresh ... ( read original story ...)
FWD Group raises $200 million in pre-IPO funding – sources
Asian insurer FWD Group has raised $200 million in new funding ahead of its planned Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter.The sources ... ( read original story ...)
Why Alibaba Is Falling Today Even As Tech Peers Lead Hang Seng Higher
Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Wednesday, leading the benchmark Hang Seng Index higher. What’s Moving: Shares of Baidu ... ( read original story ...)
SoftBank’s China bets gear up for Hong Kong IPOs
A string of Chinese technology companies backed by SoftBank Group are gearing up for initial public offerings in Hong Kong, testing the Japanese technology group's path to recovery after racking up ... ( read original story ...)
Genting Hong Kong Woes Put Focus on Billionaire Lim’s Next Steps
Cruise operator Genting Hong Kong has filed to wind up the company. Troubled cruise operator Genting Hong Kong Ltd. has filed to wind up the company, putting the spotlight on what support its lead ... ( read original story ...)
Hong Kong film producer says he wants to run to become new city leader
HONG KONG, Jan 19 (Reuters) - Hong Kong film producer and kung ... reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to ... ( read original story ...)
Cruise Operator Genting Hong Kong Files to Wind Up Company
Genting Hong Kong Ltd. has filed to wind up the company in one of the biggest stumbles by a cruise operator globally after the pandemic ravaged the industry and drove its German shipbuilding ... ( read original story ...)