The Hong Kong stock market on Tuesday snapped the three-day winning streak in which it had advanced almost 750 points or 3.3 percent. The Hang Seng Index now sits just beneath the 23,740-point plateau ... ( read original story ...)
World’s worst-performing bank Minsheng lent billions to China Evergrande
An ill-fated push into property lending has instead turned China Minsheng Banking Corp. into one of the biggest casualties of the real estate debt crisis that's roiling Asia's largest economy ... ( read original story ...)
Hong Kong parents decry school shutdown as the city battles a Covid-19 surge
More than 500,000 kindergarten and primary pupils will stay home till February. . Read more at straitstimes.com. ( read original story ...)
Hong Kong’s Hang Seng gains while most Asian markets slip
Stocks in Asia were predominantly directionless on Monday, although the Hong market managed to tack on a couple of hundred points. ( read original story ...)
Exclusive: Senior Tory calls for UK to mull HSBC sanctions over links to Uyghur oppression
HSBC should be hit with economic sanctions if it does not sever ties with a firm that is closely linked to the ethnic cleansing of Uyghur Muslims in ... ( read original story ...)
HSBC Asset Management introduces sustainable income fund
HSBC Asset Management has introduced a sustainable income fund investing in a portfolio of global assets, including sustainable investment strategies. The HSBC Global Sustainable Multi-Asset Income ... ( read original story ...)
Hong Kong’s date with destiny in 2047 set to arrive early
The National Security Law brought in by Beijing in response to violent protests paves the way for an acceleration of the economic and political integration of Hong Kong into China. Inside the People’s ... ( read original story ...)
Here’s why Hong Kong is perfect to absorb US-listed Chinese firms
Hong Kong's Financial Secretary Paul Chan has said the region is emerging as an ideal destination for US-listed Chinese firms due to reforms. ( read original story ...)
JL Mag Rare-Earth seals $544m Hong Kong IPO
JL Mag Rare-Earth Co has priced its Hong Kong IPO at the bottom of the marketed range, netting HK$4.2bn ($543.9m) in proceeds, according to a source close to the deal. The Mainland-based company is a ... ( read original story ...)
China’s JL MAG to Price Hong Kong Shares at Bottom of Range
The shares were offered in a range that had a top at HK$40.30 per share. Trading is set to begin Jan. 14. The company did not immediately reply to a phone call and an e-mail seeking comment. JL MAG’s ... ( read original story ...)
Hong Kong perfectly placed to attract US-listed Chinese companies after market reforms, Paul Chan says
Hong Kong is ready for US-listed mainland Chinese firms if they decide to seek a listing in the city following the latest regulatory reforms, Paul Chan says. ( read original story ...)
Asia-Pacific markets mixed; Japan’s Nikkei 225 down 0.85%, Hong Kong’s Hang Seng index up 0.37%
Tuesday's session in Asia followed overnight declines in the U.S. where the Dow Jones Industrial Average and S&P 500 fell. ( read original story ...)
‘COVID Zero’ Hong Kong pushes supply chain to breaking point
Aircraft at Hong Kong International Airport As Hong Kong Scraps Flights Amid Omicron An aircraft operated by Cathay Pacific takes off from the Hong Kong International Airport on Jan. 6. In pursuit of ... ( read original story ...)
Nikkei 225 and Hang Seng Index in Cautious Mood After a Choppy US Session
The Nasdaq 100 dropped as much as 2.7% before paring losses on Monday, holding above a key support level. The 10-year Treasury yield retreated to 1.76%. Asia-Pacific markets look set to open in ... ( read original story ...)