A former Hong Kong stock exchange executive and a consultant were acquitted on Friday of corruption charges, dealing a blow to the financial regulator's attempt to crack down on white-collar ... ( read original story ...)
Hong Kong shares close higher on financials, property strength
Hong Kong shares finished higher on Thursday on the back of gains in the financials and property sectors, while a rebound in tech stocks on Wednesday failed to sustain. ( read original story ...)
Hong Kong court finds former bourse exec not guilty of graft
A Hong Kong court said on Friday that Eugene Yeoh, former co-head of IPO vetting at the financial hub's stock exchange operator, was not guilty of receiving bribes to look favourably on listing ... ( read original story ...)
Workers can’t afford Biden’s pro-China Ex-Im Bank nominee
The Export-Import Bank already has a troubling history of subsidizing China’s largest financial institutions. Unfortunately, President Joe Biden’s nominee to lead the Ex-Im Bank, Reta Jo Lewis, ... ( read original story ...)
Didi Global Plans to Delist from New York, Seek Listing in Hong Kong
It ran afoul of Chinese authorities by pushing ahead with its $4.4 billion U.S. IPO in July despite being asked to put ... New York stock exchange and start preparations for listing in Hong Kong," ... ( read original story ...)
Hong Kong IPOs shrink as investors favour rival markets
New stock listings in Hong Kong have slid this year, making it an exception across global markets as concerns persist over the outlook for China’s tech sector after Beijing slammed the brakes on ... ( read original story ...)
Didi to delist from US, float in Hong Kong
Chinese ride-hailing giant Didi Global will delist from the New York Stock Exchange and list on the Hong Kong bourse amid opposition from Mainland regulators to its US IPO. The company’s board of ... ( read original story ...)
Weibo set to raise US$193 million from Hong Kong offer, much lower than the US$547 million it had hoped for
The popular microblogging platform priced its Hong Kong shares at HK$272.80, joining a number of mainland Chinese companies rushing to list closer to home. ( read original story ...)
Global stocks wobble as Didi delisting revives US-China worries
Stocks fell on Friday after Chinese ride-hailing giant Didi said it would delist in New York, renewing concern about U.S.-China tensions and tech regulation, while oil headed for a sixth consecutive ... ( read original story ...)
China’s Didi to delist from New York and go public in Hong Kong
Didi Chuxing, the Chinese ride-hailing group hit by Beijing’s regulatory crackdown on technology companies, said it would delist from the New York Stock Exchange in an accelerat ... ( read original story ...)
400,000 sets of stolen payment card details from Hong Kong offered for sale on dark web, cybersecurity study finds
Hong Kong has third highest number of stolen credit, debit card details up for sale of 140 places analysed, according to cybersecurity firm. ( read original story ...)
Issuers rush out with Hong Kong IPOs before year-end
However, deals are being downsized, while friends and family investors are being called in to help get them done ... ( read original story ...)
HSBC chief warns post-Brexit fragmentation could raise costs
HSBC Noel Quinn says there is a risk of higher costs for banks and their clients if Brexit leads to a more fragmented European market. The European Central Bank ha ... ( read original story ...)
Hong Kong police arrest 14 people in crackdown on HK$300 million money-laundering gang
Sun Yee On triad members are among those detained over money-laundering allegations, as police freeze about HK$70 million in bank accounts. ( read original story ...)