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Category: FINANCE

Posted on 28/11/2022

China’s COVID Protests Dent November Recovery: Hang Seng Down 1.5%

Hong Kong’s benchmark Hang Seng Index fell 1.5% on Monday as protests against China's strict Covid measures spread to major cities.

Posted on 28/11/2022

Pet food maker i-Tail to raise B21.1bn, pricing IPO at top of band

Pet food maker I-tail Corp priced shares in its initial public offering at 32 baht each, the top of the marketed range in Thailand’s second-biggest listing this year.

Posted on 28/11/2022

China Skincare Billionaire’s Giant Biogene Raises $10 Million In IPO Over-Allotment

Giant Biogene Holding, a China skincare products supplier that listed at the Hong Kong Stock Exchange on Nov. 4, has raised the equivalent of $10 million through the sale of 3.39 million ...

Posted on 28/11/2022

Hong Kong home prices slump to nearly five-year low after biggest monthly decline of year, with more drops to come

Prices of lived-in homes in Hong Kong fell 2.4 per cent on a monthly basis in October, according to government data released on Monday The government's price index stands just above where it was in ...

Posted on 28/11/2022

Hong Kong-listed firms ‘strongly’ advised to prepare for ISSB climate-disclosure demands, bourse operator says

Issuers should get familiar with the new ISSB climate-disclosure standards, Hong Kong Exchanges and Clearing said in report on Friday Just over 85 per cent of 400 listed companies studied had made ...

Posted on 28/11/2022

Hong Kong and Greater Bay Area banking consumers not afraid to share their data if it means personalised experience

Hong Kong and Greater Bay Area consumers want personalisation and a sleek experience when it comes to digital banking, says new research from Capco Consumers willing to share their social-media ...

Posted on 28/11/2022

Hong Kong stocks fall 3% on China unrest, oil drops to lowest in 2022

Asia-Pacific markets traded lower on Monday amid unrest in China over its continued zero-Covid policy and a growing number of cases reported in the nation.

Posted on 26/11/2022

China’s Lygend raises US$470 million in Hong Kong IPO, sources say

Lygend Resources & Technology Co, a Chinese nickel producer and trader, raised about HK$3.67 billion (US$470 million) in its Hong Kong initial public offering, according to people familiar with the ...

Posted on 26/11/2022

Nickel firm Lygend looks to raise $470m in Hong Kong listing

China's Lygend Resources & Technology plans to raise $470m through its initial public offering (IPO) in Hong Kong ...

Posted on 26/11/2022

Exclusive: China central bank to offer cheap loans to support developers’ bonds

China's central bank will offer cheap loans to financial firms for buying bonds issued by property developers, four people with direct knowledge of the matter said, the strongest policy support yet ...

Posted on 25/11/2022

China stocks rise on property boost; Hong Kong slips as COVID weighs

SHANGHAI: China stocks rose on Friday, boosted by property developers after the country’s latest measures to support the beleaguered sector, while Hong Kong shares were dragged down by tech firms as ...

Posted on 25/11/2022

Hong Kong exchange carries out first carbon credit trades

THE Hong Kong stock exchange has carried out the first batch of carbon credit trades on its new voluntary carbon market, joining a handful of Asian exchanges in tapping opportunities resulting from ...

Posted on 25/11/2022

Hong Kong to see finance firms import more global talent after recent summit’s ‘powerful message’: Financial Secretary Paul Chan

'Many' institutions have vowed to hire more locals and send more global leaders to Hong Kong, Chan said on Friday He also reiterated the city's commitment to becoming a virtual assets hub despite the ...

Posted on 25/11/2022

Hong Kong’s Cardinal Zen among five fined over fund for protesters

One of Asia's most senior Roman Catholic clerics, Cardinal Joseph Zen, 90, was found guilty of failing to register a now-disbanded fund for pro-democracy protesters and fined HK$4,000($512) on Friday ...

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