What a chaotic week we just had for U.S.-listed China tech stocks. Last Friday, Didi’s announcement that it would delist from the New York Stock Exchange (NYSE) and seek a Hong Kong listing jolted the ... ( read original story ...)
Sinochem Hong Kong (Group) Company Limited — Moody’s affirms Sinochem Hong Kong’s A3 issuer rating and Baa1 subordinated debt rating; outlook stable
Holdings improve their financial profiles on a sustained basis while managing growth prudently, without any material change in Moody's assessment of support from Sinochem Holdings to Sinochem HK.Credi ... ( read original story ...)
PBOC support for HK’s financial hub status solid
China's central bank will continue to support the Hong Kong Special Administration Region's development as an international financial center, mainly through optimizing the financial market connect ... ( read original story ...)
Hong Kong’s IPO ranking set to slip as Nasdaq, New York and Shanghai claim top spots, KPMG reports
IPO proceeds seen shrinking 23 per cent this year to HK$356 billion (US$39 billion), the first decline since 2017, KPMG says Recovery in 2022 should take hold in the third quarter as foreign-traded ... ( read original story ...)
U.S. to put Chinese firm SenseTime on investment blacklist ahead of IPO – FT
The United States will on Friday put Chinese artificial intelligence company SenseTime on an investment blacklist, the same day it prices its Hong Kong initial public offering (IPO), the Financial ... ( read original story ...)
China, Hong Kong Enter Second Phase of Cross-Border Digital Yuan Trials: Report
China and Hong Kong are in the second phase of testing cross-border transactions using central bank digital currencies (CBDCs), Mu Changchun, director of the Digital Currency Institute of the People’s ... ( read original story ...)
PBOC’s Yi: Risks from property firms will not undermine Hong Kong’s capital market
The People’s Bank of China (PBOC) Governor Yi Gang said on Thursday, the risks from a few property firms in the short-term will not undermine Hong Kong’s capital market. “Rights of Evergrande ... ( read original story ...)
Chinachem, HSBC ink US$128 million sustainability loan
Hong Kong property developer Chinachem Group and HSBC have arranged a three-year sustainability-linked loan facility of HK$1 billion (HK$128.24 million) to support Chinachem’s general working capital ... ( read original story ...)
UBS Says Hong Kong’s Laggard Stocks Will See Brighter 2022
The forecast puts UBS as the latest global bank predicting 2022 gains for Hong Kong stocks after Deutsche Bank AG and HSBC Holdings Plc. Stocks in Hong Kong and the mainland have rallied this week ... ( read original story ...)
Hong Kong mandates Covid tracing app for most adults in bars, restaurants
The Hong Kong government made its check-in app mandatory for most adults in bars and restaurants on Thursday, the latest expansion of coronavirus ... ( read original story ...)
Hong Kong Targets China in Bid to Become Green Finance Hub
By Yifan Wang Hong Kong will increasingly benefit from China's environmental ambitions as the city seeks to turn itself into a center for green finance ... ( read original story ...)
Hang Seng recoups US$128 billion of market value as stock index advances for third day on China easing bets
Hang Seng Index heads for the longest winning streak in three weeks as Chinese tech, property and casino stocks extend gains Government report shows factory-gate prices in mainland China slowed last ... ( read original story ...)
Continued Support Predicted For Hong Kong Shares
The Hang Seng Index now rests just shy of the 24,000 ... Henderson Land rallied 1.38 percent, Hong Kong & China Gas tumbled 1.02 percent, Industrial and Commercial Bank of China tanked 1.82 percent, ... ( read original story ...)
Salary report 2022 market outlook: Insurance, accounting and finance, Hong Kong
... with a global remit in finance transformation are most likely to negotiate for an even higher remuneration package. The obvious reason for this salary increase is the sustained scarcity of skilled ... ( read original story ...)