Category: FINANCE

Chinese electric-vehicle maker Zhejiang Leapmotor Technology Co. raised about HK$6.3 billion ($800 million) in its Hong Kong initial public offering, according to people familiar with the matter.Most ... ( read original story ...)

Chinese electric-vehicle maker Zhejiang Leapmotor Technology Co. raised about HK$6.3 billion ($800 million) in its Hong Kong initial public offering, according to people familiar with the matter.Most ... ( read original story ...)

Experts are predicting the deepest global recession in 40 years, led by the US, Europe and China, amid record debt and rising costs - just as Hong Kong is looking for a boost following over 30 months ... ( read original story ...)

Baring Private Equity Asia is exploring a combination of two Hong Kong-based business services firms it owns, Tricor and Vistra, according to people familiar with the matter. ( read original story ...)

China electric vehicle maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48($6.12) each in its Hong Kong initial public offering, according to two sources ... ( read original story ...)

Hong Kong stocks slumped to the lowest level in almost 11 years on concerns more interest-rate increases by global central banks will crush consumption, damage corporate earnings and push the global ... ( read original story ...)

The Hong Kong Monetary Authority raised its benchmark rate on Thursday after the rate hike of the U.S. Federal Reserve. The Base ... ( read original story ...)

Travel-related stocks advanced, bucking losses in the broader local market, after Hong Kong decided to ease its quarantine measures from September 26. ( read original story ...)

Covid restrictions, interest rate hikes, weakness in the Chinese yuan, and the continuing U.S.-China rivalry have contributed to the financial hub's decline this year. ( read original story ...)

With support from a partnership between educational institutions and HSBC, parents are sending their children to the UK at an earlier stage of their schooling for a better shot at getting into a top ... ( read original story ...)

The bank also adjusted its HKD savings deposit rate to 0.125% pa. Bank of China (Hong Kong) has raised its Hong Kong dollar prime rate to 5.125% per annum (pa) from 5% pa previously. BOCHK is also ... ( read original story ...)

History suggests investors should be wary of more losses in the next one to three months after Hong Kong's commercial banks lifted their prime rates The HKMA warned of more possible rate increases, ... ( read original story ...)

HK dollar savings deposit rates with balances of HK$5,000 and above is now 0.125% pa. Hang Seng Bank is raising its Hong Kong dollar prime rate to 5.125% per annum (pa), 12.5 basis points higher than ... ( read original story ...)

Singapore has overtaken Hong Kong to become Asia’s top financial center — and the third in the world — according to a new report that puts New York and London in the first and second spots.Most Read ... ( read original story ...)