Professional Teachers’ Union announced this week its plan to fold following a wave of criticism from state media over its political activism. ( read original story ...)
Higher Open Predicted For Hong Kong Stock Market
The Hong Kong stock market has finished higher in three straight sessions, gathering more than 480 points or 1.8 percent along the way. The Hang Seng Index now rests just above the 26,660-point ... ( read original story ...)
TikTok plans to go public in Hong Kong in defiance of China’s government
ByteDance, the company that owns TikTok, could debut on the Hong Kong stock exchange in 2022, despite growing scrutiny from the Chinese government on the country's 'big tech'. ( read original story ...)
Hong Kong Sees More Listing Inquiries Amid US-China Spat
Hong Kong is fielding more inquiries from Chinese companies interested in listing on its stock exchange following crackdowns by Beijing and Washington, D.C., that have chilled U.S. listings by Chinese ... ( read original story ...)
HKEX Has Record IPO Pipeline Amid China Crackdown, CEO Says
Hong Kong exchange’s new chief executive officer downplayed a regulatory crackdown by China that has dented the pace of initial public offerings and caused stocks to tumble in the financial hub, ... ( read original story ...)
Hong Kong bourse sees drop in Q2 profit as IPO boom wanes
Hong Kong Exchanges and Clearing (HKEX) reported a drop in profit in the second quarter as a boom in initial public offerings (IPOs) and trading at the start of the year waned. Net income fell to HK$2 ... ( read original story ...)
Hong Kong Bourse Sees Drop in Quarterly Profit as IPOs Slow
Hong Kong Exchanges & Clearing Ltd. reported a drop in profit in the second quarter as a boom in initial public offerings and trading at the start of the year waned.Net income fell to HK$2.77 billion ... ( read original story ...)
Former financial controller of Hong Kong private school arrested on suspicion of stealing HK$600,000 in student fees
Police source says alleged theft took place just days after the man was sacked last month for poor financial management. ( read original story ...)
TikTok Parent ByteDance Plans Hong Kong IPO After Shelving New York Listing
ByteDance, the Chinese tech giant behind TikTok, is reportedly planning a 2022 Hong Kong initial public offering (IPO) just months after shelving a potential offshore listing in fear of punishment ... ( read original story ...)
Hong Kong Bourse Tipped To Extend Winning Streak
The Hong Kong stock market has moved higher in consecutive trading days, gathering more than 425 points or 1.6 percent along the way. The Hang Seng Index now rests just above the 26,600-point plateau ... ( read original story ...)
Hong Kong’s ‘zero Covid’ strategy frustrates travel-starved residents
Before the pandemic, Hongkongers were among the most well-traveled people on Earth. While thankful to be safe due to the government's strict Covid-19 protocols, some can't help but feel envious as ... ( read original story ...)
Flushing Bank Celebrates Sponsorship of Hong Kong Dragon Boat Festival of New York
Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that it celebrated its sponsorship of the Annual Hong Kong ... ( read original story ...)
Hong Kong’s Largest Union Disbands Citing Crackdown
Hong Kong's largest union announced it decided to disband on Tuesday citing "huge pressure" as authorities stamp out the city's democracy movement and impose political orthodoxy on the finance hub. ( read original story ...)
Tech rally sends Hang Seng to best gain this month as traders weigh Covid-19 fallout in China
Hong Kong stocks rose for a second day on the back of a rally in technology stocks while traders weighed the impact of rising Covid-19 infections to China’s economy. Tencent-backed game developer ... ( read original story ...)