Baidu Inc. (NASDAQ: BIDU), JD.Com Inc. (NASDAQ: JD), Tencent Holdings Inc. (OTC: TCEHY), Li Auto Inc. (NASDAQ: LI) and Xpeng Inc. (NYSE: XPEV) rose in Hong Kong on Wednesday. What’s Moving: Shares of ... ( read original story ...)
Hong Kong leads gains as Asia stocks rise; tech shares surge
Technology shares in Asia rose in Wednesday trade, following similar moves by their counterparts stateside overnight. ( read original story ...)
High Open Predicted For Hong Kong Stock Market
The Hong Kong stock market on Tuesday snapped the two-day losing streak in which it had tumbled more than 725 points or 3 percent. The Hang Seng Index now rests just above the 22,970-point plateau and ... ( read original story ...)
35% of Hong Kong Citizens Ready to Use Cryptocurrencies
Financial technology is gaining huge ground all across the Asia Pacific region. Now, a recent survey reveals just how much consumers are getting behind innovation in this area. The data revealed that ... ( read original story ...)
Shui On Land cashes in on opportunity to build land bank in China amid depressed buying sentiment
Shui On Land, the flagship property company of the Hong Kong-based Shui On Group, has acquired three residential parcels in Wuhan for US$2.67 billion. ( read original story ...)
Hong Kong’s end of year report
I wrote a piece entitled “The Future of Hong Kong as an International Finance Centre[1]”. I began with a Churchill quote – “It is always to look ahead, but difficult to look farther than you can see. ( read original story ...)
The Banking Jobs Algos Can’t Destroy
Good investment banking jobs are disappearing. Much of the business has been long replaced by machines and computer algorithms. Almost all equity trading is now done electronically. Even high-yield ... ( read original story ...)
Hong Kong Internet Stocks Rebound As Shorts Squeezed On The Shortest Day Of The Year
Hong Kong internet stocks were largely higher after yesterday’s sharp decline in US-listed ADRs after news broke that key opinion leader (KOL) and shopping blogger Huang Wei owes $206 million in taxes ... ( read original story ...)
Fanhua To Leave Wall Street. Next Stop, Hong Kong?
Online insurance broker announces plan to privatize as China gets set to roll out tough new regulations in January Company could go public again in Hong Kong, ... ( read original story ...)
China’s central bank issues 5 bln yuan of bills in Hong Kong SAR
China’s central bank on Tuesday issued 5 billion yuan (about 784.57 million U.S. dollars) worth of six-month renminbi central bank bills in (SAR), with an interest rate of 2.5 percent. The issuance ... ( read original story ...)
Caixin-Sinica Business Brief: Didi’s Hong Kong IPO Ambitions
Plus, electric vehicle startup Xpeng gets in trouble for abusing facial recognition tech; the editor-in-chief of the Global Times steps down; and the U.S. slaps sanctions on a range of Chinese ... ( read original story ...)
Hong Kong’s top read articles of 2021
By Nick Dealy, partner, and Kritika Sethia, legal analyst, for Gall Hong Kong In a significant advancement towards inclusiveness, the amendment to the Sex Discrimination Ordinance (“SDO”) prohibiting ... ( read original story ...)
Alibaba and Other Tech Stocks Fall Even As Hang Seng Rebounds From 21-Month Low
Baidu Inc. (NASDAQ: BIDU), JD.Com Inc. (NASDAQ: JD), Li Auto Inc. (NASDAQ: LI) and Xpeng Inc. (NYSE: XPEV) traded ... ( read original story ...)
PBOC issues 5b yuan of bills in Hong Kong SAR
China's central bank on Tuesday issued 5 billion yuan (about $784.57 million) worth of six-month renminbi central bank bills in Hong Kong Special Administrative Region, with an interest rate of 2.5 ... ( read original story ...)