Most Hong Kong stocks weakened as losses Baidu and China Life dragged the benchmark index down from a three-week high. Alibaba Group reached a five-week high, while Kuaishou Technology and PetroChina ...
HSBC HOLDINGS Drifts Lower by Almost 6% on Fear of High-risk Bond Exposure
HSBC HOLDINGS (00005.HK) drifted 5.9% lower to close the midday at $50.65, as risk aversion was fueled further by HSBC's high-risk bond exposure linked to Credit Suisse (CS.US)... Prior to this, ...
IPO funds raised globally may have plummeted 61 per cent in first quarter amid banking crisis, high inflation, EY says
"This has affected the number of IPOs in the first quarter. "Hong Kong, which is an international financial centre, was more affected by international events such as the banking turmoil in the United ...
Logistics startup Lalatech files application for Hong Kong IPO
has submitted an application to the Hong Kong stock exchange for an initial public offering (IPO). Founded in 2013 as a mobile app-based on-demand delivery service platform, the company operates under ...
Hong Kong must ‘embrace and facilitate’ movement of global firms to city, says finance chief Paul Chan
Hong Kong’s place as one of the world’s top financial hubs is based not only on its ready access to mainland capital and as the home ground for many Chinese firms, but also due its attractiveness for ...
Hong Kong, Singapore leaders discuss Asian growth, dismiss ‘rivalry’ talk
Hong Kong's finance chief Paul Chan says strong collaboration with Asean - of which Singapore is a part - is a key plank of city's economic policy Singapore and Hong Kong's economies are closely ...
Singapore has not ‘supplanted’ Hong Kong, both benefit from each other’s growth: Shanmugam
SINGAPORE: The suggestion that Singapore has "supplanted" Hong Kong gives too much weight to short-term factors, Singapore's Law and Home Affairs Minister K Shanmugam said on Wednesday (Mar 29).
Alibaba’s revamp puts renewed focus on Ant Group’s suspended IPO
"This is probably the biggest goal for Alibaba Group itself," Kingston Securities executive director Dickie Wong said of Ant Group's initial public offering plans, adding "there's big hope" for a ...
imBee Reinvents Data-driven Productivity With AiskBee, Hong Kong’s First ChatGPT-Powered Enterprise Knowledge Base Solution
For instance, a securities firm can leverage AiskBee to process inquiries and offer the latest financial products and services information ... Knowledge Base solution for businesses in Hong Kong. By ...
Asian stocks rally as bank jitters calm, Alibaba lifts mood
Alibaba's Hong Kong shares shot up 15%, while the company's U.S.-listed ... Also helping sentiment was easing worries over the banking sector, with investor nerves soothed by the sale of assets in ...
HK stocks surge at open, shrug off banking fears
Hong Kong shares opened higher on Wednesday despite losses on Wall Street, as fears of a banking crisis ebbed after weeks of turmoil. The Hang Seng ...
Hong Kong Home Prices Rise for Second Straight Month in Feb
HONG KONG (Reuters) - Hong Kong private home prices climbed 2.2 ... official data showed on Wednesday. The financial hub this month was ranked by survey company Demographia as the least affordable ...
Sa Sa’s Cautious Revival Shows Pessimism Over Hong Kong Recovery
Hong Kong’s biggest cosmetics chain plans to open just a handful of new stores this year after shutting dozens during the pandemic as doubts remain that the city will return to its pre-Covid heights ...
Hang Seng Bank, Chubb enter exclusive 15-year distribution agreement
Hang Seng Bank and Chubb have entered into an exclusive 15-year distribution agreement. Beginning July 2023, Chubb will offer Hang Seng banking customers general insurance products and solutions in ...