Chinese shares look poised for mild early gains on their return from a weeklong holiday, supported by a surge in Hong Kong-listed names and easing concerns ... How China’s central bank will manage ... ( read original story ...)
Coronavirus: Hong Kong hits record 351 new infections as officials plan for ‘worst-case scenario’ where patients quarantine at home
Home quarantine will be arranged for asymptomatic patients or those with mild symptoms if case numbers continue to increase, health chief says. ( read original story ...)
Coronavirus: one of Hong Kong’s largest department stores to close for weekend over staff infections as bank suspends operations at 15 branches
Two employees at Sogo flagship store in Causeway Bay have tested preliminarily positive for Covid-19, prompting mall to close for weekend Bank of East Asia says 15 out of its 70 branches to close from ... ( read original story ...)
Hong Kong stocks jump after Lunar New Year holiday; sports brands, EV makers shine
Hong Kong shares of HSBC and Standard Chartered jump to two-year highs after the Bank of England (BoE) hikes interest rates to fight inflation. ** Hong Kong shares of electric vehicle (EV) makers Li ... ( read original story ...)
Sindhu Trade Links Ltd. reduces bank-debt by Rs. 1041.5 million, aims to be debt free by 2023
BSE listed Sindhu Trade Links Limited is pleased to inform that in terms of Company Managements decision to become debt-free, it has reduced its bank debt by Rs. 1041.5 million, almost 1/3rd of its pe ... ( read original story ...)
Cryptocurrency and Financial Freedom
His portfolio includes private equity investments in licensed banks, crypto exchange, payment systems, Fintech & blockchain companies, social media projects and multi-strategy algorithmic trading ... ( read original story ...)
Hong Kong Virtual Lender ZA Bank Gains Securities License
Hong Kong-based ZA Bank has obtained a license from the Securities and Futures Commission (SFC) for Type 1 regulated activity. ( read original story ...)
Nexalin seeks to raise $10M in IPO for neurostimulation devices to treat anxiety, insomnia
The JV will be based in Hong Kong. For the nine months ended Sept. 30, 2021, Nexalin reported a net loss of $3M on revenue of $120K. For a more in-depth look at Nexalin, check out SA contributor ... ( read original story ...)
How Hong Kong’s budget can help boost the vaccination rate
Unvaccinated people with financial needs may seek help from the government. Reaching herd immunity is the only way to recover from the pandemic. The results of a recent survey by the American Chamber ... ( read original story ...)
IPO-Bound Tuhu Searches for Profits in Aftermarket Car Services
The company is trying to sell its story to investors in its filing for an IPO in Hong Kong late last month. It reportedly flirted with the idea of a U.S. IPO as well, but in the end decided on Hong ... ( read original story ...)
Asian markets rise as HK returns with rally
It also came as the Bank of England announced a second successive rate increase ... soothed some of those concerns and provided some support to Asia yesterday. Hong Kong led the way, rising more than ... ( read original story ...)
Asia report: Banks in Hong Kong lead most bourses higher
South Korea's Kospi was ahead 1.57% at 2,750.26, while the Hang Seng Index in Hong Kong jumped 3.24% to 24,573.29, having been closed since Monday for the Lunar New Year. Anglo-Asian banks led the ... ( read original story ...)
Hong Kong Stocks Eye Biggest Post-Lunar Holiday Gain Since 2009
(Bloomberg) -- Hong Kong stocks headed for their biggest post-Lunar New Year holiday advance since 2009, as traders played catch-up to gains in global equities and a rally in financials outweighed ... ( read original story ...)
Hong Kong’s Hang Seng index soars more than 2% in mixed Asia-Pacific trading day
Load Error Hong Kong's Hang Seng index led gains among the region's major markets ... with shares of HSBC soaring 4.35% while Standard Chartered jumped 3.94% in Friday morning trade after the Bank of ... ( read original story ...)