Hong Kong Exchanges and Clearing posts net profit of HK$3.25 billion (US$417.9 million) for the July to September period, compared with HK$3.34 billion a year ago ... ( read original story ...)
HSBC sees opportunity in beaten down Chinese stocks
Investors have been cautious toward Chinese stocks amid Beijing's ongoing regulatory crackdown as well as contagion fears stemming from China Evergrande. ( read original story ...)
Beijing short video ad agency backed by ByteDance and Xiaomi files for IPO in Hong Kong
Uju’s three per cent share in China’s online short video marketing market – niche but expanding rapidly – makes it the second-biggest player in the field ... ( read original story ...)
Open banking startup Finverse wants to build the Asia-Pacific region’s Plaid
Based in Hong Kong, Finverse’s ambitious goal is to enable open banking throughout the Asia-Pacific region. The startup recently came out of stealth mode with $1.8 million in seed funding, and is now ... ( read original story ...)
HKEX May Post Another Quarterly Profit Drop as Major IPOs Wane
Hong Kong’s stock exchange is poised to report its second quarterly profit decline as China’s widening crackdown on a broad range of sectors roiled markets and delayed major initial public offerings. ( read original story ...)
US-China Discussion Overnight Overshadowed By Micro-Cap Real Estate Default
Headlines are screaming about real estate developer Modern Land (1107 HK) missing a bond repayment of $250 million. The company’s equity market cap is $136 million, making it a micro-cap and ... ( read original story ...)
Hong Kong stocks struggle as property developers slide on China tax plan while oil firms and HSBC advance
Stocks failed to charge past a six-week high as developers tumbled after China expanded a property tax trial to more cities to control home prices. HSBC, oil and biotech firms kept the benchmark index ... ( read original story ...)
HSBC joins investors reckoning worst is over in China
Analysts at Europe's biggest bank HSBC have turned bullish on Chinese stocks, arguing the worst of a regulatory storm has passed and that Beijing will provide policy support to arrest slowing growth. ( read original story ...)
HSBC HOLDINGS PLC SHARE BUY-BACK – Form 6-K
HSBC Holdings plc ('HSBC') announces that, as outlined in its announcement on 25 October 2021, it will commence a share buy-back of HSBC's ordinary shares of US$0.50 each ('Ordinary Shares') for up to ... ( read original story ...)
Hong Kong Rejects Plea From Global Banks to Scrap Zero-Covid
The group said in a letter to Financial Secretary Paul Chan that the hard-line approach has put Hong Kong’s status as a financial center, its broader economic recovery and competitiveness at risk. A ... ( read original story ...)
Asian Shares Mixed Amid China Worries
Asian stocks ended mixed on Tuesday, with Japanese shares leading regional gains ahead of the Oct.31 lower house election while fresh ... ( read original story ...)
Hong Kong Retail Banking Market Report- Review, Forecasts, and Future Opportunities
The Hong Kong Retail Banking Market research report also includes analyzing all the organizations operating in the market and leadership mapping In addition Hong Kong Retail Banking Market provides a ... ( read original story ...)
Hong Kong Rejects Pleas From Global Banks to Scrap Zero-Covid
Hong Kong’s government said it will stick to its “zero infection” strategy on Covid-19, rebuffing a plea from global banks for the city to ease its strict quarantine policy and set a clearer time-line ... ( read original story ...)
German Plant-Based Food Pioneer Veganz Gears Up For IPO
Veganz, the German plant-based firm pioneering the industry a decade ago, says "now is the right time" to become a publicly-traded company. ( read original story ...)