Category: FINANCE

Hong Kong is hosting its first listing of a special purpose acquisition company, with Aquila Acquisition Corp, a CMB International-backed Spac, kicked off bookbuilding on Monday. Aquila is aiming to ... ( read original story ...)

The relentless selloff in Chinese technology stocks continued on Monday, as Beijing’s close relationship with Russia raised risks for mainland companies already battered by renewed regulatory ... ( read original story ...)

Pran-RFL Group, country’s one of the largest conglomerates, received the 2nd HSBC Business Excellence Awards for its role in ... ( read original story ...)

Hong Kong’s share index plunged 5.4% on Monday after the neighboring Chinese city of Shenzhen was ordered into a shutdown to combat China’s worst COVID-19 outbreak in ... ( read original story ...)

Shares in Asia-Pacific were mixed in Monday morning trade. Investors continued to monitor developments around the Russia-Ukraine war and Covid wave in China, both of which threaten to further disrupt ... ( read original story ...)

Hong Kong's Hang Seng index dropped 3.81% by the afternoon, with Chinese tech stocks in the city taking a beating. ( read original story ...)

China locked down Shenzhen for at least a week amid its rising Covid-19 infections, suspending public transport on Monday, while Shanghai and the northeastern province of Jilin are battling worsening ... ( read original story ...)

Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Monday and dragged the benchmark Hang Seng Index sharply lower for a second straight day amid worries about ... ( read original story ...)

Shares in Asia-Pacific were mixed in Monday morning trade. Investors will continue to monitor developments around the Russia-Ukraine war and Covid wave in China, both of which threaten to further ... ( read original story ...)

Hong Kong stocks opened sharply lower on Monday morning, tracking another big selloff on Wall Street with tech firms taking another hit over concerns ... ( read original story ...)

China's leading ride-hailing company Didi Global has put plans to list in Hong Kong on hold, a report said on March 11, as it struggles to appease Beijing over its handling of user data. The company, ... ( read original story ...)

Proposal by Chan at recent budget address is under fire from landlords and developers, who say they will run into cash-flow problems if tenants delay payment Financial secretary points out that ... ( read original story ...)

The overall risks of the war between Ukraine and Russia on Hong Kong are manageable, but the city remains “highly vigilant” for any possible impact on financial markets, Financial Secretary Paul Chan ... ( read original story ...)

Insilico Medicine, a Hong Kong-based artificial intelligence (AI) biotechnology company, hopes to add momentum to the city’s health technology industry with the development of its AI-discovered drug. ( read original story ...)