China is putting more power under new national agencies to oversee the local financial markets, as well as data security amid US tech rivalry Traders raised bets on higher rates after Fed Chair Powell ...
China’s SHEIN set to raise $2 bln, eyes US IPO later this year -sources
HONG KONG, March 8 (Reuters) - Chinese online fashion retailer SHEIN ... The company last month held initial talks with several investment banks to pick lead bookrunners for the U.S. IPO, said two of ...
Tech stocks sink as Hang Seng slips below 20,000 points amid China regulatory overhaul, hawkish Fed policy tone
Hong Kong stocks slumped by most in five weeks amid China’s moves to strengthen its regulatory oversight of the financial markets and preparing plans to overcome US technology curbs. Traders bet the ...
Chinese bank earnings threatened by early mortgage payments
Chinese banks are facing a new earnings challenge as growing numbers of homebuyers pay off their mortgages ahead of schedule, threatening lenders with the loss of years of anticipated interest income.
Hong Kong Stocks Open With A Big Loss
Hong Kong stocks tumbled more than one percent at the open Wednesday after Federal Reserve boss Jerome Powell warned the bank will continue to hike interest rates as it tries to quell inflation.
Hong Kong’s Octopus plans to double investments, spend millions on consumption voucher offers, new chairwoman says
Octopus has no plans to seek initial public offering, non-executive chairwoman Jeny Yeung says Yeung adds use of Octopus UnionPay increased after reopening of border with mainland China Hong Kong's ...
Hong Kong’s global financial status is at risk, report says
Beijing is changing Hong Kong's political norms, raising new concerns about the institutions underlying the city's previous prosperity and potentially putting its status as a global financial hub at ...
Hong Kong loses lustre as retail units go vacant and big brands look to China
Angel Woo and Donny Kwok in Hong Kong, Sophie Yu in Beijing, and Mimosa Spencer in Paris; Writing by Miyoung Kim; Editing by Tom Hogue Our Standards: The Thomson Reuters Trust Principles.
Hong Kong stocks end on negative note
Hong Kong stocks closed in the red on Tuesday, reversing morning gains, as investors nervously await Federal Reserve boss Jerome Powell's testimony ...
Shenzhen facilitates e-CNY services
More e-CNY self-service machines for e-CNY wallet card issuance will be put into use this week in Shenzhen, Guangdong province, as the novel, cross-border payment channel is well-received by Hong Kong ...
Hong Kong Fintech start-up On-us launches zero-waste voucher solution as event engagement tool to eliminate waste and promote sustainability
On-us Company Limited ("On-us" or the "Company") is proud to announce the launch of its innovative zero-waste event engagement solution aiming to drive participation and foster connections among ...
Hong Kong stocks rise on energy gains; China shares mixed
Hong Kong stocks climbed on Tuesday, led by energy shares, amid global oil supply concerns and improving demand in China. China stocks were mixed. China's blue-chip CSI 300 was down 0.1% at the lunch ...
Mobius’s Bank Headache Highlights Scrutiny on China Outflows
Emerging markets investor Mark Mobius is discovering what many residents of China have known for months or even years: It has becoming increasingly difficult to transfer money out of the country.
Hong Kong Shares May See Mild Upside On Tuesday
The Hong Kong stock market has moved higher in two straight sessions, collecting more than 170 points or 0.8 percent along the way.