"We are not an activist investor," she said. Wealth of Knowledge is a weekly podcast featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. ( read original story ...)
Global Engine Group Holding Commences U.S. IPO Effort
Global Engine Group Holding Limited has filed to raise $17 million in a U.S. IPO. Read what investors need to know about GLE here. ( read original story ...)
Hong Kong’s fintech competitiveness against rivals like Singapore hurt by talent crunch, regulatory hurdles: Google survey
Many fintech start-up executives surveyed by Google view Hong Kong as being relatively uncompetitive compared to other fintech hubs More than 60 per cent of them said they face a severe talent gap ... ( read original story ...)
Tencent-Backed Startup Seeks Pre-IPO Funds at $1.5 Billion Value
Yonghui Fresh Food, the fast-growing grocery supply affiliate of one of China’s biggest retail conglomerates, is seeking to raise about $200 million ahead of a Hong Kong initial public offering next ... ( read original story ...)
Hong Kong weighs Covid-19 quarantine exemptions for banking summit
Several of Wall Street's biggest banks have made quarantine-free travel a precondition for senior executives to attend the conference. Read more at straitstimes.com. ( read original story ...)
Hong Kong’s GigaCloud sees shares fall 31% in wake of $36M US IPO
Hong Kong’s GigaCloud Technology (GCT), which went public last week through a $36M US initial public offering, saw its stock slide 31% in midday Monday ... ( read original story ...)
Major Chinese banks urged to maintain stable loan growth, central bank says
Major Chinese financial institutions will have to lead the way in maintaining the stable growth of total loans and protecting the reasonable financing needs in the real estate sector, China's central ... ( read original story ...)
Brokers Issue Forecasts for Hang Seng Bank Limited’s FY2022 Earnings (OTCMKTS:HSNGY)
Jefferies Financial Group lowered their FY2022 earnings per share (EPS) estimates for Hang Seng Bank in a research report issued on Friday, August 19th. Jefferies Financial Group analyst S. Wong now ... ( read original story ...)
Brokers Offer Predictions for BOC Hong Kong (Holdings) Limited’s FY2022 Earnings (OTCMKTS:BHKLY)
Investment analysts at Jefferies Financial Group upped their FY2022 earnings per share estimates for shares of BOC Hong Kong in a research report issued to clients and investors on Friday, August 19th ... ( read original story ...)
Hong Kong Stock Market Expected To Remain Rangebound
The Hong Kong stock market has moved higher in two of three trading days since the end of the two-day slide in which it had tumbled more than 350 points or 1.8 percent. The Hang Seng now rests just ... ( read original story ...)
HSBC launches HK$40 billion loans scheme with cash rebates to encourage small businesses to hire staff
SMEs can get HK$1,000 in cash for every new hire, up to a maximum of 10, under the new scheme It was welcomed as 'a good move to encourage companies to create jobs' by lawmaker Peter Shiu HSBC, the ... ( read original story ...)
Hong Kong Shares Open Sharply Lower
Hong Kong stocks began Monday with losses following a sell-off on Wall Street fuelled by renewed worries about central bank interest rate hikes and the impact on the economy. ( read original story ...)
Taiwan general budget, JD.com results, Hong Kong’s biggest IPO of 2022
As relations with China grow more tense following U.S. House Speaker Nancy Pelosi's visit, Taiwan is set to release its general budget for 2023 which will include details of planned defense spending ... ( read original story ...)
Stranded Jets In Russia Cause BOC Aviation To Write Down $800 Million
BOC Aviation has written off 18 of its aircraft that are being held hostage in Russia, writing them off in their June 30 accounts. ( read original story ...)