On Tuesday, Hong Kong’s leader Carrie Lam confirmed that “a complete, wholesale lockdown” is off the table, a scenario where residents are forced to mostly stay in their homes for weeks until case ... ( read original story ...)
Lepu Biopharma pockets $115m from IPO
China’s Lepu Biopharma has raised HK$904m ($115.9m) from pricing its IPO at the middle of the marketed range ... wrapped up the deal on Tuesday in Hong Kong, pinning down the final price at HK$7.125 ... ( read original story ...)
Will rate rises bolster HSBC, Standard Chartered outlooks as coronavirus hits Hong Kong’s economy?
Standard Chartered, HSBC expected to report full-year results beginning this week as investors anticipate further central bank tightening Hong Kong, the biggest market for both banks, has seen its ... ( read original story ...)
Tech, finance lift Hong Kong shares as Ukraine worries ease
China's factory-gate inflation eased to its slowest pace in six months and consumer price growth also softened in January, potentially giving the People's Bank of China room to ... were Kuaishou ... ( read original story ...)
China nickel provider Lygend Resources to go public in Hong Kong
The application did not reveal how much money Lygend plans to raise from the Hong Kong IPO. Its Jan-Sept profit last year stood at 415 million yuan ($65.5 million). The filing late on Tuesday came ... ( read original story ...)
Live news: Xi tells Hong Kong to ‘mobilise all possible forces’ to combat Covid
There were also notable gains for Bank of China Hong Kong Holdings, which added up to 6.3 per cent, and Ping’An Insurance, which gained 3.6 per cent. Brent crude, the international oil benchmark, fell ... ( read original story ...)
Didi reportedly to cut 20% of headcount ahead of HK IPO
The board has also authorised the company to pursue a listing of its class A ordinary shares on the main board of the Hong Kong Stock Exchange." Didi had its IPO on 30 June 2021 in the US but soon ... ( read original story ...)
No big bang for China-into-US IPOs
In China, companies that are still persevering in the equity capital markets are playing it safe and sticking to the Mainland or Hong Kong stock exchanges. But even IPOs that are making it through ... ( read original story ...)
Hang Seng Poised To Halt Losing Streak
The Hang Seng Index now sits just above the 24,355 ... Henderson Land rose 0.29 percent, Hong Kong & China Gas gained 0.33 percent, Industrial and Commercial Bank of China tanked 2.66 percent, Li Ning ... ( read original story ...)
China’s Xi says Hong Kong needs to stabilise and control COVID surge -media
HONG KONG, Feb 16 (Reuters) - China's President Xi Jinping has told Hong Kong's government to stabilise and control a deepening COVID-19 outbreak in the global financial hub as soon as possible, ... ( read original story ...)
Xi orders Hong Kong to tackle virus surge ‘by all means’
isolation and quarantine measures that so far have largely kept the city safe – even while leaving the once-proud financial hub more cut off from the world. On Saturday, a delegation of Hong Kong ... ( read original story ...)
Hong Kong Tries to End Covid Without Resorting to Lockdown
(Bloomberg) -- It’s becoming clear Hong Kong will do everything short of a citywide lockdown as the financial hub battles to control a rapidly escalating omicron outbreak. Most Read from Bloomberg ... ( read original story ...)
Manulife Hong Kong reports strong fourth quarter and full-year 2021 results
Manulife Hong Kong's Results Overview: Core earnings - Core earnings of HK$7.4 billion in 2021, up 17% from 2020, and HK$2.1 billion in 4Q 2021, up 18% from 4Q 2020 NBV Yahoo Finance Video ... ( read original story ...)
China’s Inflation Slows, Giving Central Bank Room to Ease
While the People’s Bank of China refrained from cutting interest rates this ... Greater China economist at Societe Generale SA in Hong Kong. “Weak core consumer price pressures, as well as the ... ( read original story ...)