The wait is two years on Shanghai's Nasdaq-style STAR market, and one year in Hong Kong. Ant's US$37 billion IPO in Hong Kong and Shanghai, which would have been the world's largest, was cancelled at ...
Year of the bond starts with a $150 billion spree
After optimism swelled for weeks that 2023 would finally bring relief for the world’s battered bond buyers, borrowers took advantage by issuing more than $150 billion (R2.56 trillion) of new debt in ...
Ant Group says no plan for IPO, focusing on business optimisation
"Ant Group has been focusing on its business rectification and optimisation, and does not have a plan for an IPO," the company spokesperson said. Ant Group said on Saturday that its founder Jack Ma no ...
Henderson Land gets ‘good’ start in Hong Kong’s first weekend property sales as border reopening fuels optimism
Almost 40 per cent of 108 units in One Innovale were snapped up by buyers as of 5pm local time on Sunday, coinciding with Hong Kong-mainland border reopening Henderson has generated more than HK$5.26 ...
Thousands denounce HSBC board member’s likening of Hong Kong people to freed slaves
Financial Secretary John Tsang is due to visit Beijing on Monday to discuss issues of mutual concern, the Hong Kong government said late on Friday. Slaves in the United States were freed under the ...
{Block Trade}CM BANK (03968): 950k shares, or HK$43.34m
Block Trade}CM BANK (03968): 950k shares, or HK$43.34m [ET Net News Agency, 5 January 2023] A direct manual trade of 950,000 shares of CM BANK (03968) was registered at 1:05p.m. The deal amounted to ...
Hang Seng 2023 outlook: the year of recovery?
Hang Seng Index defined the year of 2022 as the third consecutive year of decline with a 15.5% loss compared to 14% in 2021. Will 2023 be the year of recovery?
HSBC Asset Management adds Hong Kong energy transition firm to alternatives business
HSBC Global Asset Management is adding to its alternatives investment business by taking over the staff and some assets of Hong Kong energy transition infrastructure specialist Green Transition ...
Chairs of HSBC, STANCHART to Join AFF in HK Next Week
Related News So far, there have been 17 mainland and overseas business delegations, with a total of more than 200 global business representatives confirming their attendance to the event, including ...
Hong Kong-based financial services provider AGBA Group stock jumps 33%
Hong-Kong based financial services provider AGBA Group (AGBA), which went public through a SPAC merger in November, saw its stock jump 33% Friday afternoon. Read more here.
Why Standard Chartered remains a target despite its latest suitor walking away
When Bill Winters was quizzed about the perennial takeover rumours around Standard Chartered in 2021, he said that his bank was a “complex beast” and he did not feel vulnerabl ...
Profit-Taking Caps Hong Kong Shares
The Hong Kong Hang Seng opened higher on Friday, wobbled, and finished down 0.3% as traders cashed in positions after a trading week on the green side. Property stocks showed strength after Beijing's ...
Grandson Of Hong Kong Property Giant Sun Hung Kai Cofounder Forges His Own Path As A Tech Investor
Joseph Fung, a grandson of legendary share trader Fung King Hey, is trying to make his own name as an investor focused on a completely unrelated industry: Life sciences.
Hong Kong’s Crowdfunding Regulations Could Have Global Ramifications
The Financial Services and the Treasury Bureau of the Hong Kong government initiated a three-month consultation on the regulation of crowdfunding activities in mid-December and proposed to establish a ...