Category: FINANCE

Hong Kong online brokerage TOP Financial (TOP) saw its shares rocket over 50% on Thursday after losing significant ground the last two sessions ... ( read original story ...)

Bank of China (Hong Kong) (“BOCHK”) and BOC Group Life Assurance Company Limited (“BOC Life”) have announced the launch of BOC Life iGreen Savings Insurance Plan − Hong Kong’s first-ever green ... ( read original story ...)

Insurer accuses lender of ‘exaggerating’ challenge of spinning off its Asian business The Chinese investor campaigning to break up HSBC believes a split would unlock as much as $35bn (£28.6bn) in ... ( read original story ...)

Owing to the hard-line “Zero Covid Policy” of the authoritarian regime of Xi Jinping in China, the number of people protesting in the country is witnessing a perpetual rise. The peaceful protests have ... ( read original story ...)

HSBC overstated the challenges in spinning off its Asia unit, a move which could unlock up to $35 billion for investors, when it rebuffed a proposal by Ping An Insurance Group, said a source familiar ... ( read original story ...)

HONG KONG/LONDON (Reuters) -Chinese insurer Ping An Insurance Group believes HSBC has overstated the challenges and difficulties of spinning off the bank, said a source with direct knowledge of the ... ( read original story ...)

The bank has came under pressure from Ping An in April to explore options including spinning off its mainstay Asia business to increase shareholder returns. HSBC pushed back against the proposal ... ( read original story ...)

Ping An Insurance Group Co. isn’t convinced by HSBC Holdings Plc’s case against its proposed spinoff, arguing the lender is in need of urgent and radical change, according to a person familiar with ... ( read original story ...)

A HSBC Global Research report believes profitability is imminent for Hong Kong-based Cathay Pacific, as the city looks set to continue easing onerous pandemic restrictions. ( read original story ...)

Consumer prices rose 8.5% in July year-on-year, a slightly better result than the 8.7% increase that economists polled by Dow Jones were expecting. ( read original story ...)

The Hang Seng finished sharply lower on Wednesday with damage across the board, especially from the property and technology sectors. For the day, the index plummeted 392.60 points or 1.96 percent to ... ( read original story ...)

China’s largest duty-free retailer has got the go ahead to list on Hong Kong’s stock exchange, clearing the way for its second attempt at an IPO that could be worth billions. China Tourism Group Duty ... ( read original story ...)

To give investors access to Franklin Templeton, AllianceBernstein, Invesco, Amundi, Pictet and Janus Henderson products #hongkong ... ( read original story ...)

The Ministry of Finance (MOF) on Wednesday issued 5 billion yuan ($742.28 million) of treasury bonds in the Hong Kong Special Administrative Region (HKSAR), with institutional investors vying for the ... ( read original story ...)