Investors are beginning to question if the 7 per cent decline in the Hang Seng Index since January 27 has further ... versus a record US$19.4 billion in January The market rally in Hong Kong has come ...
After Winning Over Art Lovers, Tyfon Chases Investors With IPO
Tyfon Culture has filed for a Hong Kong IPO, generating fees from the high-margin brokerage business for contemporary Chinese art The contemporary art sector’s use of experts to verify authenticity, ...
Hong Kong pay-TV operator i-Cable gives up licence 6 years earlier than planned, as financial woes mount
Executive Council grants Hong Kong Cable Television, also known as Cable TV, permission to cease operations on June 1 Company says it plans to expand further into the local free-to-air TV market, ...
Hong Kong Exchanges and Clearing Ltd Signs Cooperation Agreement with Nanjing Financial Affairs Office
Hong Kong Exchanges and Clearing Limited (HKEX) and the Financial Affairs Office of Nanjing Municipal People’s Government (Nanjing FAO) signed a Memorandum of Understanding (MOU) “to strengthen ...
Hong Kong’s pay-TV operator Cable TV gives up licence 6 years earlier than planned as financial woes mount
Executive Council grants Hong Kong Cable Television, also known as Cable TV, permission to cease operations on June 1 Company says it plans to expand further into the local free-to-air TV market, ...
Amid merger and bankruptcy in the West, lidar maker Hesai nails $190M IPO
A rank of Chinese tech companies has delisted from the U.S. or sought secondary listings in Hong Kong as they get caught in rising tensions between the two major economies. Hesai is not immune from ...
Hong Kong leader John Lee shrugs off concerns over slump in property stocks, says security clauses in land sales documents not an issue
Chief Executive John Lee says government has been selling land as usual since the clauses were put in place in November He says representatives of the property sector have indicated they support the ...
Hong Kong stocks approach 6-week low amid capital flight as traders await US inflation report
Hong Kong stocks weakened, approaching a six-week low amid concerns about capital flight from the city’s financial markets while traders await the latest US inflation report that may sway the Federal ...
Hong Kong makes first currency market intervention of 2023, sells US$538 million to support local dollar amid capital flight
HKMA buys HK$4.22 billion and sells equal amount of US dollars to bolster exchange rate, keep currency within trading band Intervention follows a 25-basis points increase in the key US rate by the ...
Hong Kong-based Prestige Wealth downsizes US IPO to $9M from $15M
Hong Kong-based wealth and asset management firm Prestige Wealth has downsized its proposed US initial public offering to $9M from $15M. Prestige Wealth said that it intends to of ...
Dekon Serves Up Hong Kong IPO Rich on Meat, But Low in Margins
Dekon Food has filed for a Hong Kong IPO, posting variable profits in recent years on wildly fluctuating hog prices Soaring feed costs and increased borrowings to fund expansion have left the company ...
Hong Kong plans first digital green bond offering, said to target US$102 million proceeds
The government has asked the Bank of China, Credit Agricole, Goldman Sachs and HSBC to hold investors calls on Monday, Bloomberg reports The tokenised notes would be a 'pilot issuance' to test ...
Hong Kong Hires Banks For Debut Digital Green Bond Sale
Hong Kong’s government has hired banks to arrange its debut sale of digital green bonds, expanding the use of a nascent technology that promises faster settlement and payment.Most Read from BloombergC ...
Hong Kong-based Global Engine Group sets terms for $16M US IPO
Hong-Kong based Global Engine Group (GLE), a provider of information communication technologies, has set terms for a proposed $16M initial public offering. Load Error Global Engine said that it was ...