Hong Kong's Hang Seng index jumped 2.79% in morning trading on Thursday, continuing its bounce back after closing more than 1% up the day before. ( read original story ...)
Hong Kong man faces life in prison for murdering father with steak knife before stealing HK$200,000 to repay loan sharks
Insurance agent Lai Kan-yau, 29, admitted killing Lai Kam-fook, 65, but said he acted in self-defence after his father swore at him, called his wife a prostitute and attacked him. ( read original story ...)
Ant Group-backed Ubox plans for a $500 million Hong Kong IPO
Ubox, a Chinese vending machine maker backed by Ant Group, hopes to raise as much as $500 million through a Hong Kong IPO, Bloomberg reported Thursday. Valued at around $1 billion, Ubox could go ... ( read original story ...)
Hong Kong’s Hang Seng jumps 3% as stocks bounce back from early week slump
Hong Kong's Hang Seng index jumped 3.3% on Thursday ... Fed Chairman Jerome Powell said the U.S. central bank is nowhere near considering a rate hike despite the optimism over the U.S. economy. The ... ( read original story ...)
Here’s Why the Hang Seng Index Just Made a Comeback
In this article, we explain why the Hang Seng index just made a strong comeback today and what to expect in the near term. ( read original story ...)
Hong Kong’s Hang Seng index jumps about 2% as stocks recover from early week slump
The Federal Open Committee ended its two-day meeting stateside by keeping interest rates in a target range between zero and 0.25%. ( read original story ...)
More Volatility Expected For Hong Kong Shares
The Hong Kong stock market on Wednesday ended the brutal three-day slide in which it had plummeted more than 2,600 points or 10.3 percent. The Hang Seng Index now rests just beneath the 25,475-point ... ( read original story ...)
China’s regulatory crackdown a drag on Hong Kong’s IPO pipeline: Bankers
Hong Kong's buzzing initial public offering pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their ... ( read original story ...)
Money-laundering ring pushed $4billion through HSBC
Insiders have raised questions over whether HSBC appropriately informed US monitors about the ring, which was uncovered by the bank during an internal review ... ( read original story ...)
Hong Kong appoints investigator to probe fraud allegations in the financial affairs of Apple Daily’s publisher Next Digital
The appointment of the special investigator marked an escalation in the Hong Kong government’s crackdown on financial malfeasance, as it burnishes its credibility as Asia’s financial hub. ( read original story ...)
24 Hong Kong domestic helpers arrested in money-laundering crackdown after opening bank accounts used to wash illicit funds
The domestic workers, allegedly paid to open bank accounts then hand over the ATM cards, were among a group of 29 arrested in a series of raids on Monday and Tuesday. ( read original story ...)
Fashion Label Maker SML Considers Hong Kong IPO
SML Group Ltd., a garment label maker for fashion and retailers, is weighing a Hong Kong initial public offering as soon as next year, according to people familiar with the matter.The Hong Kong-based ... ( read original story ...)
Ping An Launches Pilot of Digital RMB Insurance Policies with Bank of China in Shenzhen
Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) announced that Ping An Property & Casualty Insurance Company of China, Ltd. has issued the first batch of digital ... ( read original story ...)
China’s regulatory crackdown a drag on HK’s IPO pipeline – bankers
Hong Kong's buzzing IPO pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their expectations for valuations amid a drastic regulatory crackdown in the mainland, ... ( read original story ...)