Hang Seng Index defined the year of 2022 as the third consecutive year of decline with a 15.5% loss compared to 14% in 2021. Will 2023 be the year of recovery?
HSBC Asset Management adds Hong Kong energy transition firm to alternatives business
HSBC Global Asset Management is adding to its alternatives investment business by taking over the staff and some assets of Hong Kong energy transition infrastructure specialist Green Transition ...
Chairs of HSBC, STANCHART to Join AFF in HK Next Week
Related News So far, there have been 17 mainland and overseas business delegations, with a total of more than 200 global business representatives confirming their attendance to the event, including ...
Hong Kong-based financial services provider AGBA Group stock jumps 33%
Hong-Kong based financial services provider AGBA Group (AGBA), which went public through a SPAC merger in November, saw its stock jump 33% Friday afternoon. Read more here.
Why Standard Chartered remains a target despite its latest suitor walking away
When Bill Winters was quizzed about the perennial takeover rumours around Standard Chartered in 2021, he said that his bank was a “complex beast” and he did not feel vulnerabl ...
Profit-Taking Caps Hong Kong Shares
The Hong Kong Hang Seng opened higher on Friday, wobbled, and finished down 0.3% as traders cashed in positions after a trading week on the green side. Property stocks showed strength after Beijing's ...
Grandson Of Hong Kong Property Giant Sun Hung Kai Cofounder Forges His Own Path As A Tech Investor
Joseph Fung, a grandson of legendary share trader Fung King Hey, is trying to make his own name as an investor focused on a completely unrelated industry: Life sciences.
Hong Kong’s Crowdfunding Regulations Could Have Global Ramifications
The Financial Services and the Treasury Bureau of the Hong Kong government initiated a three-month consultation on the regulation of crowdfunding activities in mid-December and proposed to establish a ...
China to open border with Hong Kong on Sunday
Before the coronavirus emerged in China in late 2019, there were more than 236 million passenger trips over their border a year, government data showed.
Hong Kong’s Housing Authority may need government money to build flats in second half of coming decade as construction costs increase
Housing Authority says it has enough capital to build the 94,000 flats planned for the first half of the coming decade.
Hong Kong to Reopen Border With China, With 60,000 Person Quota
The border between mainland China and Hong Kong will gradually reopen from Sunday, paving the way for a restoration of economic and social ties that have been disrupted for three years.Most Read from ...
Global IPO proceeds down 61% in 2022, Southeast Asia down 50%: EY
Compared to Singapore’s eight listings raising US$40 million in 2022, Hong Kong saw 67 listings raising US$12.4 billion.
Hong Kong Crypto Mogul Aims to Raise $1 Billion for Web3 Fund
Animoca Brands Corp. is looking to raise about $1 billion this quarter for its new Web3 and metaverse investment fund, sharply scaling back its ambitions during the current crypto industry ...
Hong Kong residents rush to get Covid-19 vaccination ahead of mainland border reopening
Hong Kong residents have swamped clinics to get vaccinated against Covid-19 ahead of the expected reopening of the city’s border with mainland China, which some people fear will bring a surge of ...