Category: FINANCE

Financial Secretary Paul Chan says government cannot see any risk of property market 'falling off a cliff', adds policy not affected by 'short-term fluctuations' Authorities 'cautiously optimistic' ... ( read original story ...)

Hong Kong’s rate of inflation for the full year is likely to remain at a “roughly moderate” level of 2.1% because the city is buffered from some of the factors that have exacerbated inflation in the ... ( read original story ...)

The 27-year-old master's degree student was travelling home from Germany to northern China via Hong Kong and received a call from fraudsters when she was in the city She was asked to visit a ... ( read original story ...)

The world’s largest travel retailer by sales prices its Hong Kong IPO at HK$158 per share or total proceeds of US$2.1 billion in the city’s biggest deal this year. ( read original story ...)

Hong Kong-based e-commerce services provider GigaCloud Technology (GCT) saw its shares rocket over 200% Friday, the day after it held a $36M initial public offering ... ( read original story ...)

Chinese carmaker Zhejiang Geely Holding Group is considering an initial public offering in Hong Kong for its ride-hailing firm Cao Cao Mobility, according to people familiar with the matter. A ... ( read original story ...)

A Chinese-born Canadian tycoon who disappeared from Hong Kong in 2017 was sentenced Friday to 13 years in prison for a multibillion-dollar string of financial offenses and his company was fined $8.1 ... ( read original story ...)

Hong Kong stocks ended the week slightly higher as late bargain-buying dragged them out of negative territory, though traders remain concerned about ... ( read original story ...)

Hong Kong’s home prices could fall as much as 10% in the second half after two major banks raised mortgage rates for new homebuyers to the highest since 2008, according to Bloomberg Intelligence.Most ... ( read original story ...)

Some may view him as an auditing pioneer and investment banking legend. Others call him a marketer lacking substance and a fraudster. Few will describe him as plain. finews.asia takes a look at the ... ( read original story ...)

Bank of East Asia's bottom line plunged during the first half of the year, owing to a spike in impairment charges on loans to mainland China's struggling property sector. The major Hong Kong-based ... ( read original story ...)

The world’s largest travel retailer by sales prices Hong Kong IPO at HK$158 per share, helping it raise US$2.1 billion in what amounts to the city’s top deal this year. ( read original story ...)

(“HGC”), the issuer of Trucpal Tokens (“Trucpal”), officially announced its Global Partnership Program. Hong Kong Digital Asset Ex Limited (“HKbitEX”) became one of HGC’s first partners. Trucpal has ... ( read original story ...)

Newer and deeper connect schemes than Stock Connect, Bond Connect and Wealth Management Connect needed for development zone, former HKMA CEO says More needs to be done for the free movement of goods, ... ( read original story ...)