Category: FINANCE

The sale of several prime urban sites helped the city hit a record high of HK$40 billion in land income as of last month, but it’s not enough to cover gap created by major increases to recurrent ... ( read original story ...)

Financial Secretary Paul Chan Mo-po this week celebrated encouraging GDP data, predicting that Hong Kong's economy was heading for 6.5 per cent growth this year after huge contractions in the past two ... ( read original story ...)

Beijing Airdoc Technology Co. Ltd. raised HK$1.67 billion (US$214.8 million) with its IPO on the Hong Kong Exchange (HKEX) on Nov. 5, falling below its expectations of a $500 million raise. Share ... ( read original story ...)

Sichuan Clover Biopharmaceuticals Inc. raised HK$2.03 billion (US$260.17 million) in its Hong Kong Stock Exchange debut. Shares closed at HK$12.98 (US$1.67) on Nov. 5 after trading as high as HK$13.56 ... ( read original story ...)

Shares of Chinese Covid-19 vaccine developer Clover Biopharmaceuticals Ltd. fell more than 10% on its Hong Kong debut Friday before rebounding after the initial public offering (IPO) raised $240 ... ( read original story ...)

Chinese COVID-19 vaccine developer Clover Biopharmaceuticals said on Thursday it raised US$240 million in net proceeds in initial public offering (IPO) of shares in Hong Kong.Based on the offer price ... ( read original story ...)

Hong Kong's Securities and Futures Commission has looked very closely at financial institutions in the city's exposure to China's troubled property sector and has not seen any systemic risks for the ... ( read original story ...)

China's COVID-19 vaccine developer Clover Biopharmaceuticals said on Thursday it raised $240 million in net proceeds in an IPO in Hong Kong. ( read original story ...)

HSBC Holdings Plc asked all of its Hong Kong staff to get vaccinated against the Covid virus after city authorities issued a new circular to push for higher inoculation rates. ( read original story ...)

Chinese COVID-19 vaccine developer Clover Biopharmaceuticals said on Thursday it raised $240 million in net proceeds in initial public offering (IPO) of shares in Hong Kong. Based on the offer price ... ( read original story ...)

The mBridge digital currency project is looking to expand its use to capital market transactions, which could cut the settlement time to a few seconds. ( read original story ...)

Part of that investment means partnering with more fintechs to create digital banking products. HSBC is investing $2b to turn into a ‘digital-first bank’ according to the bank’s chief executive of ... ( read original story ...)

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Hang Seng Bank, Limited relating to a fraudulent website and phishing emails, which has been ... ( read original story ...)

HSBC Asset Management has hired Daisy Ho from Fidelity International as its new regional chief executive officer for Asia Pacific and Hong Kong. She succeeds Pedro Bastos, who has been appointed to a ... ( read original story ...)