HONG KONG: Hong Kong shares extended their rally to a third straight ... and Hang Seng China Enterprises Index gained 1.30%. China’s new bank loans jumped more than expected in June from the previous ...
HSBC Buys Back Over 4.64M Shrs Ytd for $289M
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of over 4.6424 million shares in the UK and Hong Kong markets yesterday (4th), involving a total of about HK$289 mill... HSBC HOLDINGS ...
HK Govt Suspected to Transfer its HKEX Positions to CN Bank
June, about 78 million shares of HKEX (00388.HK) +4.400 (+1.537%) Short selling $108.60M; Ratio 12.636% were transferred from Citi, a US bank, t ...
Hang Seng Drives Bank Innovation with Launch of ‘Future Banking’ Service Concept
Hang Seng Bank ('Hang Seng') today (12 July 2023) unveiled its innovative 'Future Banking' service concept at a new branch in Festival Walk. The opening saw the launch of three 'first-in-market' ...
HSBC May Acquire 31% Stake in HSBC Jintrust from Shanxi Trust: Report
HSBC HOLDINGS (00005.HK), as suggested by media reports, is planning to expand its mainland China business. Shanxi Trust, which holds a 51% stake in the joint venture company HSBC ... HSBC HOLDINGS ...
Hong Kong shares up on credit data surprise; China stocks slip
HONG KONG: Hong Kong stocks rose on Wednesday as stronger-than-expected credit figures in June partially lifted sentiment, though Chinese stocks edged down as investors waited for a bigger stimulus. * ...
Alibaba, Xpeng drive best winning run in Hong Kong in a month amid stimulus bets as Beijing signals growth concerns
Local stock benchmark advances for a third day, the longest winning streak in a month as Chinese tech firms rally. Beijing calls for a wider economic reopening, signalling concerns about the nation’s ...
Wall Street rises on inflation, banking hopes
US stocks rose on Tuesday, helped by optimism ahead of key inflation reports and as JPMorgan and other financial shares gained before earnings later ...
Japanese Companies Go on Buying Spree in Europe; Top Law Firms Act On Hong Kong-based PE Fund’s Billion-dollar Acquisition in US
In this edition, Law.com International notes how U.K. and European law firms have been benefiting as Japanese companies acquire assets in Europe, and writes about how multiple U.S. law firms have ...
Family of Hong Kong pro-democracy activist Nathan Law taken in for questioning by police
Hong Kong police searched the family home of exiled pro-democracy activist Nathan Law on Tuesday morning, taking relatives away for questioning, the city’s public broadcaster RTHK reported, citing ...
Hong Kong Monetary Authority announces ‘orderly exit’ from coronavirus-era loan repayment holiday for small businesses
Six-month scheme, which was extended six times, helped thousands of companies withstand the slump brought on by the coronavirus pandemic Participation declined to 1 per cent of eligible companies, or ...
China’s biggest online fitness platform Keep to list in Hong Kong after two failed IPO attempts
SoftBank-backed Chinese fitness platform raises US$40 million from the sale of 10.84 million shares on the Hong Kong stock exchange The Beijing-based company attempted to list in February and ...
‘Unacceptable’: Hong Kong’s small auditors are cutting corners, threatening to undermine city’s finance hub status, says accounting watchdog
Their attitude in compromising audit quality either by impaired objectivity or by cutting corners is unacceptable,' says regulator's head of inspection Edmund Wong, a lawmaker for the sector, said ...
Hong Kong justice chief lodges professional misconduct complaints against two activist lawyers on police wanted list
Secretary for Justice Paul Lam reports barrister Dennis Kwok and solicitor Kevin Yam to their governing bodies over national security allegations ...