Category: FINANCE

Hong Kong’s monetary chiefs can raise a glass to Liz Truss and Kwasi Kwarteng for giving global speculators something else to jump on. ( read original story ...)

Real estate developer China Vanke’s property services unit, Onewo, is looking to go public in what will be Hong Kong’s largest IPO this year. Onewo hopes to raise up to $783.5 million by selling a 10% ... ( read original story ...)

HSBC Bank Canada is a very strong business and Canada’s leading international bank,” they added. A large group of Hong Kong retail investors with stakes in HSBC have supported Ping An’s campaign. ( read original story ...)

HSBC Holdings PLC (LON:HSBA) is in the early stages of exploring a sale of its Canadian subsidiary, according to statements from the bank quoted in media reports. Sources first told Sky News that HSBC ... ( read original story ...)

HSBC is exploring a potential sale of its Canadian operations as it faces pressure from its largest shareholder, Ping An Insurance Group, to break up its business. ( read original story ...)

HSBC has launched a strategic review of its Canadian business that could lead to a sale for up to $9bn, as the group resists pressure from its largest shareholder Ping An to split its Asian and ... ( read original story ...)

Police said on Tuesday that a 62-year-old man had been allegedly conned out of over HK$3.8 million by fraudsters posing as government officials. ( read original story ...)

Logan Wright, a Hong Kong-based partner at consultancy Rhodium Group, calls the situation a “slow-motion financial crisis”. Contagion is spreading into the deep tissue of China’s political economy. ( read original story ...)

Linklaters said Monday that it has added a new partner to its Asia restructuring and insolvency practice in Hong Kong from rival U.K.-founded law firm Allen & Overy. ( read original story ...)

The Hang Seng Index closed at an 11-year low, with losses in financials and tech, although piecemeal property measures out of Beijing temporarily boosted developers. ( read original story ...)

Hong Kong's de facto central bank bought HK$2.355 billion ($300.00 million) from the market on Monday to stop the local currency weakening and breaking its peg to the U.S. dollar.The Hong Kong dollar ... ( read original story ...)

Stocks find no traction even after a 21 per cent slump last quarter, with traders wary of losses before the market pauses on Tuesday for a holiday. ( read original story ...)

The city improved upon a 10th-place ranking in June after bourse operator Hong Kong Exchanges and Clearing’s main board saw 47 IPOs raise US$8.8 billion in the first nine months. ( read original story ...)

HSBC Holdings Plc has started briefing investors on a potential initial public offering (IPO) of its Indonesian business, said two sources with direct knowledge of the matter. ( read original story ...)