Shares of China’s JL MAG Rare-Earth Co. dropped as much as 17% in their Hong Kong debut after being sold at the bottom of the marketed range in what is the biggest offering so far this year in the ... ( read original story ...)
HSBC Holdings plc: HSBC Third-Quarter Results Better on Credit-Cost Reversal; Announces USD 2 Billion Share Buyback
Find the latest HSBC Holdings, plc. (HSBC) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance ... ( read original story ...)
China Rare-Earths Firm Slumps 17% in Hong Kong Trading Debut
Shares of China’s JL MAG Rare-Earth Co. slumped 17% in their Hong Kong debut after being sold at the bottom of the marketed range in what is the biggest offering so far this year in the Asian ... ( read original story ...)
Goldman, BofA Bankers Stranded by Hong Kong’s Covid Flight Ban
Banking giants including Goldman Sachs Group Inc. and Bank of America Corp. are struggling to bring key executives back to Hong Kong after the city banned flights from eight countries, part of an ... ( read original story ...)
HSBC investment bank co-head to take 6-month sabbatical
HSBC has internally announced that its co-head of investment banking, Greg Guyett, will assume sole oversight of the bank’s entire advisory and trading division during the six-month sabbatical of his ... ( read original story ...)
German Cases Soar; Stranded Hong Kong Bankers: Virus Update
Germany reported record new coronavirus cases for the third straight day as the highly transmissible omicron variant swept through Europe’s biggest economy. The U.K. is set to abandon Covid passes ... ( read original story ...)
Hong Kong stocks slip as mainland China funds trim bets on Tencent, HKEX while investors await trade data
Mainland Chinese investors turned net sellers of Hong Kong-listed stocks on Thursday with Tencent, HKEX, Sunny Optical among those under pressure Hang Seng remains 3.3 per cent stronger from last ... ( read original story ...)
Shares of cruise operator Genting Hong Kong plunge more than 50% as it warns of defaults
Hong Kong-listed shares of cruise operator Genting plunged more than 50% after it announced that it may not be able to pay its debts and other obligations. ( read original story ...)
Hong Kong activist on bail rearrested for remarks ‘endangering national security’
A Hong Kong pro-democracy activist was rearrested on suspicion of making remarks endangering national security after being released on bail last year in a case in which he faces charges of "conspiracy ... ( read original story ...)
Hong Kong airport authority kicks off greenwashing debate with landmark issue
A ‘remarkable’ global dollar bond from Airport Authority Hong Kong raises the question of whether any member of the aviation sector should include a green tranche within its funding structure. ( read original story ...)
Bank of China Released Report on Global Asset Allocation Strategy: A-shares and H-shares are Recommended
NEW YORK, NY / ACCESSWIRE / January 13, 2022 / Bank of China (SEHK:3988) released the Report on Global Asset Allocation Strate ... ( read original story ...)
HSBC, Bank of China at multi-month highs show fund managers love banking stocks as margins, dividends add to gloss
Banking stocks are quietly rallying while technology companies grab the headlines, with market leaders like HSBC Holdings and Bank of China (Hong Kong) surging to multi-month highs in the opening days ... ( read original story ...)
Hong Kong’s central bank unveils plans for new crypto regulation in July 2022
The Hong Kong Monetary Authority has unveiled plans for a new regulatory regime, revealing ties with crypto hub Singapore. The de facto central bank would implement the regulation in stablecoins, ... ( read original story ...)
Chinese restaurant supplier Meicai cuts 40% more jobs ahead of Hong Kong IPO: report
Meicai, a Chinese app that supplies farm-to-table produce for restaurants, is starting a new round of layoffs which will affect around 40% of the company’s workforce, Chinese media outlet iFeng ... ( read original story ...)