Chinese stocks fell in afternoon trading on Monday, while investors monitored bitcoin prices after they dropped sharply over the weekend. Oil prices jumped during Asia trade. Hong Kong’s Hang Seng ... ( read original story ...)
Beijing, Hong Kong firms sign investment deals worth $8.8 billion
Enterprises in Beijing and the Hong Kong Special Administrative Region (SAR) signed 11 agreements at the 24th Beijing Hong Kong Economic Cooperation Symposium held on Monday. The overall investment ... ( read original story ...)
Hong Kong’s ESG bond issuance quadruples to almost US$35 billion as city takes shape as Asia’s hub for green finance
ESG-related debt, also called sustainable bonds, are fixed-income financial products that raise capital for the purpose of financing projects that have environmental or social benefits. ( read original story ...)
Hong Kong stocks suffer another sell-off as Alibaba drags Chinese tech lower while Omicron, Evergrande stoke risk aversion
Hong Kong stocks fell to more than 14-month low as Alibaba Group Holding slumped amid a management reshuffle. The spread of Omicron variant and concerns about growing debt default risk among Chinese ... ( read original story ...)
Hong Kong Market extends losses; Tech leads decline
At closing bell, the benchmark Hang Seng Index fell 1.76%, or 417.31 points, to 23,349.38. The Hang Seng China Enterprises Index dropped 2.14%, or 180.68 points, to 8,274.77. ( read original story ...)
Tinder, Bumble, how about CrossFit? Hong Kong couples share love stories related to fitness, not dating apps
Sport has become a popular place for couples to meet as people gravitate away from dating apps in favour of more meaningful connections. ( read original story ...)
Alibaba shares slide in Hong Kong after it overhauls e-commerce businesses, appoints a new financial chief
The Chinese e-commerce giant is up against increased competition, a slowing economy and a regulatory crackdown. ( read original story ...)
Alibaba Stock Falls in Hong Kong as E-Commerce Giant Shakes Up Management
Maggie Wu, who played an instrumental role in the public listings of Alibaba (ticker: BABA) in both New York and Hong Kong, will depart as chief financial officer in April 2022, to be replaced by Toby ... ( read original story ...)
Factbox-U.S.-listed Chinese firms with secondary listings at home and Hong Kong
Ride-hailing giant Didi Global's move to withdraw from the New York stock exchange has put a spotlight on other U.S.-listed Chinese firms and whether more will jump ship to Hong Kong and elsewhere. ( read original story ...)
SenseTime launches HK$6bn IPO
SenseTime Group, an artificial intelligence software company, has opened its long-awaited Hong Kong IPO with pre-deal orders from state-owned cornerstone investors. IPO sponsors CICC, Haitong ... ( read original story ...)
UBS gives Hong Kong staff COVID quarantine cash -memo
UBS Group AG has offered its Hong Kong staff up to HK$2000 ($256.45) a day to help cover mandatory hotel quarantine costs as the city maintains some of the strictest COVID restrictions in the world. ( read original story ...)
Shrinking talent pool and higher demand for hybrid jobs further drive challenges to hiring talent in Hong Kong
The job market in Hong Kong is being driven by a combination of rising confidence in the market, shifts in the talent demand and rapid development of technologies post-pandemic, according to the ... ( read original story ...)
Hong Kong stocks’ discount to book values ensnare Chinese funds betting on turnaround
About 77 per cent of mainland China-domiciled mutual funds that focus on Hong Kong stocks have posted losses this year The Hang Seng Index trades at a 2 per cent discount to its book value, the fifth ... ( read original story ...)
Hong Kong: HK pursuing green finance hub
I am pleased to have this welcome opportunity to address the Hong Kong Green Finance Association's annual forum once again and pleased to share with you the Hong Kong Special Administrative Region ... ( read original story ...)