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Category: FINANCE

Posted on 25/07/2023

China’s crackdown on IPO risk factors is a warning

Global investors are getting whiplash from the mixed messages coming from Beijing. The country's securities watchdog met last week with local law firms and asked them to tone down negative ...

Posted on 25/07/2023

HSBC Hong Kong, Singapore’s Keppel to explore climate mitigation cooperation in Greater Bay Area and Asia

HSBC’s Hong Kong unit has signed an MOU with Singapore conglomerate Keppel to explore collaboration opportunities on decarbonisation as part of efforts between the two cities to forge closer ties.

Posted on 25/07/2023

Keppel, HSBC sign agreement to collaborate on energy transition solutions

SINGAPORE - Keppel Corporation said on Tuesday it signed an agreement with HSBC for pursuing energy transition opportunities aimed at reducing emissions in China’s Greater Bay Area and across Asia.

Posted on 25/07/2023

HSBC Buys Back Over 3.97M Shrs for About $254M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 3.9721 million shares in the UK and Hong Kong markets yesterday (24th), involving a total of about HK$254 million. Of these, 1.8473 ...

Posted on 25/07/2023

Under Financial Pressures and New Leadership, More Than Half of the Hong Kong Arts Centre’s Staff Has Departed

Since the departure of longtime director Connie Lam Suk-yee, half the staff has fled new leadership at the Hong Kong Arts Centre.

Posted on 25/07/2023

Hang Seng Poised To Make Back Some Of Monday’s Losses

The Hong Kong stock market turned lower again on Monday, one session after ending the three-day slide in which it had slumped more ...

Posted on 25/07/2023

Better off delisted? US$1.9 billion of Hong Kong take-private deals in spotlight as China bankers dominate shrinking fees

Controlling shareholders in 10 companies have proposed to take their companies private in transactions worth HK$14.9 billion (US$1.9 billion) this year Billionaire Xu Shihui is seeking to delist Dali ...

Posted on 25/07/2023

Deal Watch: Will IPOs Strike Back This Year?

Through the first half of 2023, traditional IPOs raised $9.1 billion. According to Dealogic, the 10-year average for the first six months of the year is about three times that, or $27 billion. But ...

Posted on 25/07/2023

BoC nets P23.8B in anti-smuggling ops

THE Bureau of Customs' (BoC) anti-smuggling operations resulted in the seizure of P23.851 billion worth of goods for the first half of the year.

Posted on 24/07/2023

Hang Seng Dips On Economic Survey Release

Hang Seng Dips on Economic Survey Release Advertisment Asia-Pacific markets were mixed ...

Posted on 24/07/2023

Hong Kong court to decide on China Evergrande restructuring in Sept

A Hong Kong court on Monday said it will decide in September on an offshore debt restructuring for embattled property developer China Evergrande Group that could allow creditors to recoup up to about ...

Posted on 24/07/2023

Storm Doksuri to intensify into super typhoon on Tuesday, impact on Hong Kong still unclear

Doksuri, named after the Korean word for “eagle”, strengthened from a tropical storm into a typhoon on Sunday night and is expected to develop into a super typhoon on Wednesday, as it enters the Luzon ...

Posted on 24/07/2023

Hong Kong leader makes first visit to Singapore, discusses ways to deepen bilateral relations with PM Lee

Prime Minister Lee Hsien Loong and Hong Kong leader John Lee on Monday reaffirmed the close and longstanding relations between Singapore and Hong Kong, as the chief executive makes his first visit to ...

Posted on 24/07/2023

Hong Kong pro-Beijing lawmaker says nat. security police questioned her for nearly 3 hours over wanted relative in US

Pro-Beijing lawmaker Eunice Yung, the daughter-in-law of the wanted overseas activist Elmer Yuen, has said she had her home searched and was later questioned by national security police for nearly ...

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