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Category: FINANCE

Posted on 14/07/2022

Hong Kong’s Hang Seng falls while Asia markets trade higher; Singapore tightens monetary policy

Hong Kong's Hang Seng index slipped while Asia-Pacific markets traded higher on Thursday. The Monetary Authority of Singapore tightened monetary policy in an off-cycle move Thursday. Taiwan's ... ( read original story ...)

Posted on 14/07/2022

CICC appoints new investment banking head – sources

China International Capital Corp Ltd (CICC) has appointed veteran dealmaker Wang Shuguang to lead its investment banking business, said two people with knowledge of the matter.The appointment, ... ( read original story ...)

Posted on 14/07/2022

China-Hong Kong Swap Connect: What Does it Mean For Foreign Investors?

In this article, we explain what Swap Connect is, how it will work, and the potential impact it will have on offshore investors. ( read original story ...)

Posted on 14/07/2022

Awards for Excellence 2022: Best bank in Hong Kong – DBS Bank

For the first time in many years, Hong Kong has a new winner. Singapore-based it may be, but DBS Bank’s financials alone justify it securing this award – one that tends to usually go to a larger ... ( read original story ...)

Posted on 14/07/2022

HSBC Buys back Over 3.04M Shrs in HK, London Ytd for $150M

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.0483 million shares in London and Hong Kong yesterday (13th), involving a total of approximately HKD150 million. HSBC ... ( read original story ...)

Posted on 14/07/2022

JP Morgan unveils thematic sustainable fund in Hong Kong

US giant JP Morgan has partnered with Bank of China (Hong Kong) to launch the JPMorgan Sustainable Infrastructure Fund #esg #hongkong #jpmorgan ... ( read original story ...)

Posted on 13/07/2022

Hong Kong needs to allow free travel to retain financial hub status, report says

Hong Kong needs to allow financial sector employees to travel freely to retain its global investment and banking hub status, an industry report said, as the city continues to maintain some of the ... ( read original story ...)

Posted on 13/07/2022

Hong Kong IPO Market Thaws, but New Listings Stumble in Debuts

The busiest day for new Hong Kong listings in more than a year turned out to be a disappointing one for investors, with all four new listings falling below their offering prices. ( read original story ...)

Posted on 13/07/2022

Hang Seng Bank “GO!GingerOnion 5**College” Goes Live in Metaverse for DSE Students

HONG KONG SAR - Media OutReach - 13 July 2022 - Hang Seng Bank's virtual "GO!GingerOnion 5** College" opened its doors in The Sandbox metaverse on 14 July 2022. The initiative ... ( read original story ...)

Posted on 13/07/2022

Hong Kong may ease COVID restrictions by November for bank executives’ summit

The city doesn’t need to follow mainland China’s tough COVID-19 policies because it enjoys some degree of freedom under the "one country, two systems" principle, an official said. ( read original story ...)

Posted on 13/07/2022

Tianqi Lithium slips in trading debut as Hong Kong’s biggest IPO this year suffers from valuation backlash

Tianqi Lithium's stock price falls as much as 11.4 per cent amid concerns about valuations, social media influence before paring loss Tianqi Lithium collected HK$13.1 billion in net proceeds by ... ( read original story ...)

Posted on 13/07/2022

Tianqi Lithium seen losing 8 per cent as Hong Kong’s biggest IPO this year suffers from valuation backlash

Tianqi Lithium's stock price falls in early trading amid concerns about valuations and a negative social media post Tianqi Lithium collected HK$13.1 billion in net proceeds by pricing its offering at ... ( read original story ...)

Posted on 13/07/2022

Oversold Hang Seng Nonetheless Called Lower On Wednesday

The Hang Seng finished sharply lower on Tuesday following losses from the financials, properties and technology stocks. For the day, the index plunged 279.46 points or 1.32 percent to finish at 20,844 ... ( read original story ...)

Posted on 13/07/2022

HSBC Buys back Over 3.06M Shrs in HK, London Ytd for $150M

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.0646 million shares in London and Hong Kong yesterday (12th), involving a total of approximately HKD150 million. HSBC ... ( read original story ...)

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