Experts argue previous estimation city will have more than 8 million residents by 2041 may no longer be accurate, noting population has fallen past two years.
KFin Technologies IPO subscribed 2.59 times on Day 3; QIBs, retail portion fully subscribed
The majority of bidding came from qualified institutional buyers and retail investors. However, the portion reserved for non-institutional investors did not even receive 50% of the subscribed against ...
BOC Aviation places aircraft in Middle East
The airline initially launched operations in 2009 with two A320s also from BOC Aviation. Since then its fleet has come and gone; it currently includes two vintage Boeing 737s and an A320. Almasria is ...
China’s central bank issues 5B yuan of bills in Hong Kong
China's central bank issued 5 billion yuan (about 715.7 million U.S. dollars) worth of central bank bills in the Hong Kong Special Administrative Region on Tuesday. The bills will mature in six months ...
Hong Kong stocks gain on China stimulus bets while Bank of Japan stokes recession risk in shift to tightening path
Stocks snap a two-day slide as traders stay optimistic China will dig deeper into its stimulus toolbox to support the virus-wrecked economy The Bank of Japan stokes concerns about recession after ...
Alibaba, Nio Rise: Hang Seng Rises On Wall Street Cues, City Chief John Lee Gears Up For Beijing Visit
Hong Kong shares opened in the green on Wednesday, with the benchmark Hang Seng trading 0.3% higher. The city’s Chief Executive John Lee is set to travel to Beijing from Dec.
Analysis-Nature deal gets finance, business thumbs up, yet hurdles remain
A recently hatched American Coot chick sits in a nest in the Willard Spur Waterfowl Management Area near Willard, in Utah, U.S., June 29, 2022. REUTERS/Nathan Frandino ...
PBOC issues 5 bln yuan of bills in Hong Kong
China’s central bank issued 5 billion yuan (about 715.7 million U.S. dollars) worth of central bank bills in the Hong Kong Special Administrative Region on Tuesday. The bills will mature in six months ...
Hong Kong Stocks Close Well Down
Hong Kong stocks closed with big losses Tuesday, in line with a sell-off across Asia, after the bank of Japan surprised markets with a shift away from its long-standing ultra-loose monetary policy.
Hong Kong financial sector ‘urgently’ needs help with measurement of climate risks, HKMA report says
A large majority of banks, insurers and asset managers in a survey say a dearth of both climate data and standard methodologies hinders their efforts Improvement is urgently needed to strengthen Hong ...
Why the Fed Needs to Take the Digital Yuan Seriously
The e-CNY will be more than just a paperless version of cash for China’s local economy. Its use in trade settlement poses a challenge to the dollar.
Hedge Fund Bets Against Hong Kong’s Dollar Peg Have a Long History—and Little Success
Bill Ackman recently joined a long line of speculators who have bet the Hong Kong dollar’s peg to the greenback would break. Nobody has hit the jackpot.
Hong Kong may get a leg up in hosting IPOs in 2023, as China’s post-Covid reopening boosts sentiment for companies raising funds
Hong Kong’s IPOs, which shrank this year, may come back in the first quarter amid rising optimism over the Chinese economy, analysts said.
SenseTime Partners with Bank of Ningbo to Unveil AI-Generated Content Live Show with Digital Human
SenseTime, a leading global artificial intelligence (AI) software company, partnered with Bank of Ningbo (Shanghai Branch) to develop a digital human named Xiaoning. Leveraging SenseTime's original ...