But bankers and lawyers say any rebound in foreign share sales will be limited and likely to favour Hong Kong as tense bilateral relations between Beijing and Washington loom large for most issuers.
HKEX Seen Snapping Profit Decline Streak on Trading, IPO Rebound
After six straight quarters of sliding profits, the end of 2022 likely brought some relief to Hong Kong Exchanges & Clearing Ltd. The operator of Hong Kong’s stock exchange is estimated to report a 9% ...
Happy Hong Kong? Singapore’s Gone Laughing to the Bank
The different pace of post-pandemic recovery has created a big gulf in the economic priorities and prospects of the rival Asian financial centers.
Budget 2023-24: Hong Kong finance chief plans to issue infrastructure bonds and sell them to public to ease cash flow pressure
Bond scheme would ensure Hong Kong's debt levels remain at a very safe level,' says Financial Secretary Paul Chan City is on track for an economic rebound following return to post-pandemic normality, ...
Hong Kong to make $637 payment to citizens to stimulate economy
Hong Kong residents are to receive a $637 payment as part of efforts to boost the local economy the government said Wednesday.
Hong Kong’s Ambitious Plan To Become A Crypto Hub Has China’s Quiet Blessing
Hong Kong's Securities and Futures Commission has revealed its plan to allow retail investors to trade large-cap crypto assets on licensed crypto exchange platforms in the country.
Hong Kong’s financial secretary expects city’s economy to grow between 3.5% and 5.5%
Hong Kong's Covid-hit economy will return to growth this year and expand by between 3.5% and 5.5%, as the city opens up and China's economic outlook improves, Hong Kong's financial secretary said on ...
Hong Kong unveils budget, promising ‘abundant opportunities’ as city recovers
Hong Kong's Financial Secretary Paul Chan struck a positive tone on Wednesday as he revealed the city's budget.
Hong Kong banks hit by China’s property exposure
Banks remain uncertain whether China’s policy measures could bring a meaningful recovery in property demand. (Reuters pic) HONG KONG: Hong Kong-listed banks have reported an increase in expected ...
Hong Kong residents to receive new HKD 5,000 consumption voucher
This includes supermarkets, restaurants, beauty salons, public transport, and more. It’s also accepted in online platforms that allow payment by Alipay Hong Kong, BoC Pay, Octopus, PayMe, HSBC, Tap & ...
HSBC’s Defense Is Sturdier Than Standard Chartered’s
HSBC Holdings Plc and Standard Chartered Plc both have unwanted attention from outsiders: HSBC’s biggest investor is demanding a breakup, and a potential suitor from Abu Dhabi is threatening the ...
Hong Kong Budget 2023: City expects to see HK$140 billion deficit, but ‘visible rebound’ in economy expected
The Hong Kong government expects to record a deficit of HK$140 billion in 2022-23, more than double the HK$56 billion initial estimate. The estimated fiscal deficit was revealed by Financial Secretary ...
Hong Kong’s crypto hub plans win quiet backing from Beijing
Hong Kong rolled out the red carpet for crypto businesses to help revitalise the embattled financial hub. Signs are now emerging that the push has under-the-radar backing from Beijing, providing ...
Hong Kong budget 2023-24: after ‘Hello’, comes ‘Happy’ – finance chief to dish out consumption vouchers as part of drive but focus is on new growth engines
Financial Secretary Paul Chan expected to roll out consumer vouchers and raise taxes 'Happy Hong Kong' drive also to be announced, featuring collaborations with theme parks to boost local spending ...