Headlines are screaming about real estate developer Modern Land (1107 HK) missing a bond repayment of $250 million. The company’s equity market cap is $136 million, making it a micro-cap and ... ( read original story ...)
Hong Kong stocks struggle as property developers slide on China tax plan while oil firms and HSBC advance
Stocks failed to charge past a six-week high as developers tumbled after China expanded a property tax trial to more cities to control home prices. HSBC, oil and biotech firms kept the benchmark index ... ( read original story ...)
HSBC joins investors reckoning worst is over in China
Analysts at Europe's biggest bank HSBC have turned bullish on Chinese stocks, arguing the worst of a regulatory storm has passed and that Beijing will provide policy support to arrest slowing growth. ( read original story ...)
HSBC HOLDINGS PLC SHARE BUY-BACK – Form 6-K
HSBC Holdings plc ('HSBC') announces that, as outlined in its announcement on 25 October 2021, it will commence a share buy-back of HSBC's ordinary shares of US$0.50 each ('Ordinary Shares') for up to ... ( read original story ...)
Hong Kong Rejects Plea From Global Banks to Scrap Zero-Covid
The group said in a letter to Financial Secretary Paul Chan that the hard-line approach has put Hong Kong’s status as a financial center, its broader economic recovery and competitiveness at risk. A ... ( read original story ...)
Asian Shares Mixed Amid China Worries
Asian stocks ended mixed on Tuesday, with Japanese shares leading regional gains ahead of the Oct.31 lower house election while fresh ... ( read original story ...)
Hong Kong Retail Banking Market Report- Review, Forecasts, and Future Opportunities
The Hong Kong Retail Banking Market research report also includes analyzing all the organizations operating in the market and leadership mapping In addition Hong Kong Retail Banking Market provides a ... ( read original story ...)
Hong Kong Rejects Pleas From Global Banks to Scrap Zero-Covid
Hong Kong’s government said it will stick to its “zero infection” strategy on Covid-19, rebuffing a plea from global banks for the city to ease its strict quarantine policy and set a clearer time-line ... ( read original story ...)
German Plant-Based Food Pioneer Veganz Gears Up For IPO
Veganz, the German plant-based firm pioneering the industry a decade ago, says "now is the right time" to become a publicly-traded company. ( read original story ...)
Global banks pressure Hong Kong to abandon zero-Covid policy, lift quarantine rules as environment makes it difficult to operate
International asset managers and banks urge Financial Secretary Paul Chan to provide a road map of how the city plans to resume normal operations like other financial centres. ( read original story ...)
Hong Kong: Financial sharing session held
The Financial Services & the Treasury Bureau today held a thematic sharing session at the Central Government Offices to foster a better understanding among government officials as well as members of ... ( read original story ...)
HSBC backs Hong Kong’s strict Covid rules
HSBC has backed a strict Covid elimination regime imposed by the Communist government in Hong Kong, despite warnings from other financial firms that it risks damaging the territory's international ... ( read original story ...)
Clover jabs Hong Kong market with HK$2bn IPO
Mainland-based Clover Biopharmaceuticals has started pitching investors for its up to HK$2.03bn ($260.5m) IPO, opening bookbuilding in Hong Kong on Monday. The company, which is developing a Covid-19 ... ( read original story ...)
HSBC plans to buy back up to US$2 billion in shares, beats estimates with higher pre-tax profit
HSBC, the biggest of Hong Kong’s three currency-issuing banks, said it would buy back US$2 billion in shares as its third-quarter profit beat analysts’ estimates, driven in part by release of reserves ... ( read original story ...)