Andy Maynard of China Renaissance says it’s nevertheless unlikely to affect the medium-term outlook for investors.
China’s tech giants will have to keep on giving
Investors must be hoping that a looming fine for fintech player Ant and e-retailer JD.com’s decision to boost benefits for lower-paid workers at the expense of executives are one-offs. After all, the ...
HSBC aims to foster an inclusive HK with community festival
Together with The Hong Kong Council of Social Service, the district-based carnival will launch various activities that aim to promote well-being and sustainability.
Hong Kong stocks track Wall St gains; China slides
Hong Kong stocks rose on Wednesday after a 5-day losing streak, as gains in U.S. stocks overnight helped the local market. China stocks slipped on surging COVID-19 cases.
Citi bolsters HK leadership with senior appointments
Within the three appointments, Ben Ngai rejoins the firm as managing director and Hong Kong head of investment banking.
Dtech IPO In Shenzhen Mints New China Billionaire Couple
Tuesday’s listing by Guangdong Dtech at the Shenzhen Stock Exchange has minted a new billionaire couple in China. Shares in the Dongguan-headquartered manufacturer climbed by 47.6% on their debut to ...
Hong Kong Law on Trial
The government wants to deny Jimmy Lai the lawyer of his choice.
Xi Jinping’s initial-public-offering boom
A flurry of smaller telecommunication firms have flocked to the Beijing Stock Exchange, which launched last year under the guidance of Xi Jinping, China’s leader. At first glance, this suggests Mr ...
Exclusive: China set to fine Ant Group over $1 bln, signalling revamp nears end-sources
Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma's Ant Group, said six sources with direct knowledge of the matter, setting the stage for ending the fintech company's ...
Sunshine Insurance Wins HKEX Approval for $1 Billion IPO
Private Chinese insurer Sunshine Insurance Group Co. passed a hearing for an initial public offering on the Hong Kong Stock Exchange, the HKEX said Monday. The Beijing-based company won approval from ...
China’s Top Nickel Trader Mines for $600 Million in Hong Kong IPO
China’s leading nickel trader Lygend Resources & Technology Co. Ltd. has kicked off its Hong Kong IPO and is aiming to raise up to HK$4.64 billion ($594 million) in fresh capital. Lygend is one of a ...
Exclusive: China set to fine Ant Group over $1 billion, signalling revamp nears end-sources
HONG KONG, Nov 22 (Reuters) - Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma's Ant Group, said six sources with direct knowledge of the matter, setting the stage ...
Citibank expects Hong Kong property prices to fall another 10 per cent, bottom out in second quarter of 2023
Hong Kong property prices are expected to bottom out in the second quarter of next year at the earliest, following an estimated drop of 20 per cent from a record high posted in 2021, Citibank said on ...
Hong Kong stocks lead losses as China Covid cases rise; Asia markets mixed
Hong Kong’s Hang Seng index fell 1.16% in the final hour of trade, with the Hang Seng Tech index down 3.15% as Covid cases in China continue to grow. In mainland China, the Shanghai Composite rose ...