HSBC, which has set itself the goal of net-zero carbon emissions in its loans portfolio by 2050, has joined a global programme to accelerate the development of green technologies with a US$100 million ... ( read original story ...)
HSBC Buys back over 3.75M Shrs in London Last Fri for over GBP19.86M
HSBC HOLDINGS (00005.HK) announced that it had repurchased 3.7578 million shares of the company in the London market last Friday (28th), at a price ranging between GBP5.258 and GBP5.339 each, with a ... ( read original story ...)
IPOs run out of steam as selloff rattles global equity markets
Globally, $26.7 billion worth of IPOs have priced, marking a 60% drop from the same period a year earlier. Now, pulled deals are piling up under pressure from roiling markets ... ( read original story ...)
Hong Kong’s next budget will balance support for everyday residents against city’s long-term needs, finance chief says
Pointing to volatility in the global economy, Financial Secretary Paul Chan says he has been ‘carefully judging these uncertain factors … while preparing the next year’s budget’. ( read original story ...)
BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Short Interest Up 250.0% in January
Limited (OTCMKTS:BHKLY) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 2,800 shares, a growth of 250.0% from the December 31st ... ( read original story ...)
Year of the Tiger: MPF members can expect a rebound in Chinese and Hong Kong stocks to boost pension pot, analysts say
With MPF members investing one-third of their US$148 billion assets in Hong Kong and China stock funds, the rally of these markets are vital to their retirement savings. ( read original story ...)
Local banks weren’t the only ones that gave Genting HK unsecured loans — Tengku Zafrul
Besides three Malaysian banks, several foreign banks too had provided unsecured loans to embattled cruise ship operator Genting Hong Kong, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. ( read original story ...)
What price zero Covid? We need to know the cost to Hong Kong
The government's panic-driven effort to attain 'zero Covid' is straining our hospitals and driving businesses big and small to the point of collapse Hong Kong needs a serious cost-benefit analysis of ... ( read original story ...)
Hong Kong Regulators Impose Limits on Investing in Spot Crypto ETFs
Hong Kong financial regulators have published new guidance for intermediaries looking to offer virtual asset-linked products like exchange-traded funds (ETF) to investors. According to a circular ... ( read original story ...)
Elliott Management to Sell Stake in Hong Kong Bank, Ending Activist Campaign
Bank of East Asia Ltd. said it has agreed to buy all the shares held by U.S. activist hedge fund Elliott Management Corp. for the equivalent of about $373 million, ending its long-running battle with ... ( read original story ...)
Hong Kong Regulators Impose Limitations on Investing in Spot Crypto ETFs
Regulators want only professional investors to be exposed to spot exchange-traded products linked to virtual assets ... ( read original story ...)
Hong Kong’s Bank of East Asia proposes $372 million share buyback
Hong Kong's Bank of East Asia Ltd said on Friday it intends to buy back 8.43% of its total issued shares worth HK$2.904 billion ($372.65 million) owned by hedge fund Elliot Investment Management's ... ( read original story ...)
Exclusive: IPO-Bound Ola Raises $20 Mn From Hong Kong-Based Segantii Capital
Bhavish Agarwal-led which cab hailing service Ola Cabs is raising close to $20 Mn (INR 150 Cr) from Hong Kong-based Segantti Capital. ( read original story ...)
‘Whack-a-mole’: Experts call Hong Kong’s zero-COVID policy unsustainable
With thousands of people locked down in tiny apartments, government quarantine centres filling up and many businesses shuttered, Hong Kong is scrambling to sustain a zero-COVID policy that has turned ... ( read original story ...)