Category: FINANCE

Tuhu Car has shifted its listing plan from the US to Hong Kong and aims to raise about US$400 million: source Start-up was founded by Chen Min in Shanghai in 2011 and offers a wide range of car ... ( read original story ...)

Former top banker Vincent Cheng, who was the first Chinese to become the chairman of HSBC Asia Pacific, has died at the age of 74. Cheng, who ... ( read original story ...)

As a global financial centre, Hong Kong is at the forefront of CBDC innovation. Since 2017, the Hong Kong Monetary Authority (HKMA) has been researching the potential of Distributed Ledger ... ( read original story ...)

Home prices fell 1.6 per cent in July and have dropped 4.5 per cent this year, according to the government's index Prices could sink an additional 10 per cent this year amid buyer hesitancy linked to ... ( read original story ...)

Hong Kong private home prices in July dropped to the lowest since February 2020, according to official data, as homebuyers turned more bearish due to rising interest rates and an uncertain outlook. ( read original story ...)

HONG KONG, Aug. 28 (Xinhua) -- "Hong Kong dollar selling" amid U.S. interest rate hikes does not mean capital outflow, and will not affect the financial and monetary stability of Hong Kong, said Paul ... ( read original story ...)

Finance chief also says selling of local currency amid US interest rate hikes does not mean a capital outflow He warns another rise looms with US Federal Reserve chairman Jerome Powell asserting ... ( read original story ...)

Football officials have praised Hong Kong fans for their strong support as the BOC Hong Kong Premier League season kicked off with gusto on Saturday. ( read original story ...)

Advised by Linklaters, Haiwen, Freshfields Bruckhaus Deringer and Jia Yuan Law Offices, China Tourism Group Duty Free raises $2.1 billion in its Hong Kong listing. ( read original story ...)

Hong Kong’s banking regulator has fined the local unit of German banking giant  Commerzbank AG HK$6 million ( roughly $765,000) for breaches of anti-money laundering rules. ( read original story ...)

The provider of digital education materials in China priced its IPO at $5 per share late Thursday, then shot up above $160 on Friday. ( read original story ...)

Zhejiang Leapmotor Tech has won approval from the Hong Kong stock exchange's listing committee, says a source If successful, Leapmotor will be the fourth Chinese EV maker to list in Hong Kong in the ... ( read original story ...)

The Hong Kong stock market on Thursday ended the three-day slide in which it had dropped more than 500 points or 2.5 percent. The ... ( read original story ...)

Sino Land says profit for full year ending June decreased by 40.5 per cent from a year ago Shun Tak Holdings says interim earnings slumped by 51.3 per cent, while Shui On Land reports 58 per cent drop ... ( read original story ...)