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Category: FINANCE

Posted on 21/02/2023

Hong Kong stocks slip as Chinese tech giants step up rivalries, market seeks corporate earnings to sustain rally

JD.com and Meituan are intensifying competition with industry rivals to win over consumer dollars HSBC to issue its fourth quarter report card today, with pre-tax profits likely to almost double from ...

Posted on 21/02/2023

Healthy Green Group Seeks $17 Million U.S. IPO

Healthy Green Group Holding Limited has filed to raise $17 million in a U.S. IPO. The firm operates a network of grocery stores in Hong Kong. Healthy Green Group Holding has produced contracting ...

Posted on 21/02/2023

UPDATE 3-Chinese boutique bank reassures staff, clients over missing star dealmaker

The mysterious disappearance of a star Chinese dealmaker has left his boutique bank scrambling to reassure clients and staff, people with knowledge of the matter said on Monday, and has raised new ...

Posted on 20/02/2023

Hong Kong shows desire to be crypto hub with new regulation

As the U.S. government continues to rein in the crypto industry with a spate of regulations, other places are emerging as new hubs for the virtual asset industry. On Monday, Hong Kong proposed rules ...

Posted on 20/02/2023

UPDATE 4-Chinese bank seeks to reassure over missing star dealmaker

HONG KONG, Feb 20 (Reuters) - The disappearance of a star Chinese dealmaker has left his bank struggling to reassure clients and staff ...

Posted on 20/02/2023

Chinese ride-hailing firm Dida revives US$200 million HK IPO

Dida Inc is considering raising about US$200 million through its planned Hong Kong initial public offering, people familiar with the matter said, paving the way for the first listing by a Chinese ride ...

Posted on 20/02/2023

Chinese boutique bank reassures staff, clients over missing star dealmaker

The mysterious disappearance of a star Chinese dealmaker has left his boutique bank scrambling to reassure clients and staff, people with knowledge of the matter said on Monday, and has raised new ...

Posted on 20/02/2023

Chinese Ride-Hailing Firm Dida Revives $200 Million HK IPO

Dida Inc. is considering raising about $200 million through its planned Hong Kong initial public offering, people familiar with the matter said, paving the way for the first listing by a Chinese ...

Posted on 20/02/2023

Hong Kong Plans to Let Retail Sector Trade Larger Crypto Tokens

Hong Kong outlined a plan to let retail investors trade digital tokens like Bitcoin and Ether, taking a major step toward its goal of becoming a crypto hub in a policy shift that contrasts with a ...

Posted on 20/02/2023

DBS bank to offer crypto services in Hong Kong

The Asian bank plans to apply for a license in Hong Kong to offer crypto trading services. The bank has been doing great in terms of trading volume as they have seen both a rise in trading volume and ...

Posted on 20/02/2023

China, Hong Kong stocks rise on China recovery hopes

China and Hong Kong stocks climbed on Monday as risk appetite improved on hopes of the economy gradually shifting from reopening to recovery, outweighing geopolitical tensions between U.S. and China.

Posted on 20/02/2023

Standard Chartered to boost Hong Kong staff as it turns bullish on Greater Bay Area, green finance, CEO Mary Huen says

Standard Chartered will hire 300 to 500 additional staff in Hong Kong this year to tap the growth in loan and wealth management demand this year The bank's operating income has returned to the ...

Posted on 19/02/2023

Hong Kong Finance Chief Warns of Challenges From Fiscal Deficit

Hong Kong Financial Secretary Paul Chan warned that a fiscal deficit will present an obstacle to the city’s recovery from the pandemic.

Posted on 19/02/2023

Hong Kong Sells More Than $100M Of Digital Green Bonds In Historic Move

The Hong Kong Special Administrative Region (SAR) of the People's Republic of China has raised over $100 million through the sale of digital green bonds, marking the first time a government has issued ...

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