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 ...)
Hong Kong: Central govt supports HK democracy
Democratic Progress under the framework of ‘one country, two systems’”, setting the record straight that there was no democracy under British colonial rule and the joint declaration does not mention ... ( read original story ...)
SenseTime Reopens USD769 Million Hong Kong IPO, Cuts Overseas Cornerstone Investors
SenseTime Group, China’s biggest artificial intelligence company, has reopened its HKD6 billion (USD769 million) Hong Kong initial public offering and quitted all overseas cornerstone investors after ... ( read original story ...)
FWD ditches US IPO plan
Hong Kong-based insurance company FWD Group Holdings has withdrawn its US IPO filing, just three months after first announcing the transaction. The firm, backed by billionaire businessman Richard Li, ... ( read original story ...)
Richard Li’s FWD Withdraws U.S. IPO Plan With Pivot to Hong Kong
FWD Group Ltd., the Hong Kong-based insurer backed by billionaire Richard Li, withdrew its U.S. initial public offering as China tightens its grip on overseas listings. ( read original story ...)
Hong Kong: Lowest election voters turnout yet, pro-govt candidates win
Hong Kong "patriots only" elections witnessed a record low voter turnout as pro-government candidates swept into the expanded legislature. ( read original story ...)
Hong Kong Stock Market Predicted To Extend Losing Streak
The Hong Kong stock market has moved lower in consecutive trading days, dropping more than 725 points or 3 percent in that span. The Hang Seng Index now rests just beneath the 22,750-point plateau and ... ( read original story ...)
Hong Kong: Market tumbles to 22-month low
At closing bell, the benchmark Hang Seng Index declined 1.93%, or 447.77 points, to 22,744.86, its lowest level since March 2020. The Hang Seng China Enterprises Index dropped 2.13%, or 175.26 points, ... ( read original story ...)
After HSBC, Standard Chartered fined a record US$61 million by UK regulators
The United Kingdom unit of Standard Chartered Bank has been fined a record £46.55 million (US$61.48 million) by the country’s financial regulator for internal controls and reporting failures in 2018 ... ( read original story ...)
Superyacht Maker Ferretti Considering Hong Kong IPO
Ferretti SpA, the Italian luxury yacht builder partly owned by the Ferrari family, is considering an initial public offering in Hong Kong that could raise about $100 million, people with knowledge of ... ( read original story ...)
SenseTime relaunches Hong Kong IPO after U.S. investment ban
Chinese artificial intelligence startup SenseTime Group relaunched its Hong Kong initial public offering (IPO) on Monday, a week after it postponed the listing in the wake of the company's inclusion ... ( read original story ...)
Alibaba And Other Major Stocks Trade Muted In Hong Kong Even As PBOC Cuts Benchmark Lending Rate For 1st Time In 2 Years
Shares of Alibaba Group Holding Limited (NYSE: BABA) and Baidu Inc. (NASDAQ: BIDU) traded slightly higher in Hong Kong on Monday, while JD.Com Inc. (NASDAQ: JD), ... ( read original story ...)
SenseTime Relaunches Hong Kong IPO, Trading to Start Dec. 30
Chinese artificial intelligence firm SenseTime Group Inc. filed updated listing documents with the Hong Kong exchange as it sought to resume its initial public offering, after a U.S. government ... ( read original story ...)