Companies are racing to public markets like never before, cashing in on record-high stock prices.An all-time high of almost $350 billion has been raised in initial public offerings in the first six ... ( read original story ...)
Hong Kong sees rising interest in property auctions, as housing market outlook improves
Interest in property auctions has risen amid a boom in Hong Kong’s housing market, despite a decline in the number of properties foreclosed. ( read original story ...)
Hong Kong’s digital voucher scheme will help ‘build platform’ for city’s electronic payment future, finance chief says
Hong Kong's financial chief has said the upcoming roll-out of the city's HK$36 billion (US$4.6 billion) voucher scheme is intended to push residents towards embracing electronic payments and lay the ... ( read original story ...)
Ten cabin cruisers sink in Hong Kong marina fire, no serious casualties
A fire swept through a marina in Hong Kong in the early hours of Sunday, igniting fuel tanks as it passed along a line of closely moored cabin cruisers, and resulting in at least 10 sinking before ... ( read original story ...)
How China Is Cracking a Window for Its Bond Investors: QuickTake
China is taking another step to loosen its capital controls and in the process is giving onshore investors greater access to a previously hard-to-reach bond market. The so-called southbound link of ... ( read original story ...)
How China’s Growing Influence On Hong Kong Could Shape Financial Markets
NPR's Sarah McCammon speaks with Primrose Riordan of the Financial Times about China's increasingly tight grip on Hong Kong — and what it might mean for one of the world's busiest financial centers. ( read original story ...)
HSBC apology after update to banking terms shows financial fears are mounting in Hong Kong
Bank reassures clients they can continue to use online, mobile banking outside of the city.. Read more at straitstimes.com. ( read original story ...)
Didi IPO Wednesday, Foreign Investors Buy China In Size, Week In Review
The company plans to raise as much as $366 million, valuing the company at up to $3.9 billion, in its Friday IPO. ( read original story ...)
Huawei CFO loses publication ban request on HSBC materials obtained via Hong Kong court
The Supreme Court of British Columbia has dismissed an application for a publication ban from Huawei chief financial officer Meng Wanzhou on new evidence that her legal team wants to introduce in her ... ( read original story ...)
Didi’s $4 billion U.S. IPO fully covered – sources
Didi Global Inc's initial public offering (IPO) to raise up to $4 billion in the United States has been covered on the first day of its bookbuild, according to four sources with direct knowledge of ... ( read original story ...)
Daily Markets: Equities Lift on Infrastructure Progress and Bank Stress Test
While equities are in an ebullient mood following progress on U.S. infrastructure spending and the Federal Reserve announcement saying that the biggest U.S. lenders could easily withstand a severe ... ( read original story ...)
Hong Kong’s security chief promoted to city’s No. 2 official; police chief to lead security
The changes come a year after Beijing imposed a sweeping national security law and one day after Hong Kong's Apple Daily published its final edition. ( read original story ...)
Hong Kong virtual bank launches ‘all-in-one’ numberless debit and credit card
Cardholders can switch their card between credit and debit in the bank's app Customers of Hong Kong-based virtual bank Mox can now apply ... ( read original story ...)
China Tesla rival Xpeng secures approval for Hong Kong IPO
Chinese smart electric car maker reportedly approved to list on Hong Kong Stock Exchange, becoming the latest US-listed Chinese company to list closer to home. ( read original story ...)