Hong Kong private home prices in July dropped to the lowest since February 2020, according to official data, as homebuyers turned more bearish due to rising interest rates and an uncertain outlook. ( read original story ...)
“Hong Kong dollar selling” not means capital outflow, not to affect financial, monetary stability of Hong Kong: finance chief
HONG KONG, Aug. 28 (Xinhua) -- "Hong Kong dollar selling" amid U.S. interest rate hikes does not mean capital outflow, and will not affect the financial and monetary stability of Hong Kong, said Paul ... ( read original story ...)
Practice of selling Hong Kong dollar ‘could re-emerge next month’ if US further raises interest rates: Paul Chan
Finance chief also says selling of local currency amid US interest rate hikes does not mean a capital outflow He warns another rise looms with US Federal Reserve chairman Jerome Powell asserting ... ( read original story ...)
Football officials praise fans for strong support as Hong Kong Premier League gets under way
Football officials have praised Hong Kong fans for their strong support as the BOC Hong Kong Premier League season kicked off with gusto on Saturday. ( read original story ...)
Linklaters and Haiwen Advise on Hong Kong’s Largest IPO in 2022
Advised by Linklaters, Haiwen, Freshfields Bruckhaus Deringer and Jia Yuan Law Offices, China Tourism Group Duty Free raises $2.1 billion in its Hong Kong listing. ( read original story ...)
Hong Kong’s regulator fines Commerzbank AG $6 million for AML lapses
Hong Kong’s banking regulator has fined the local unit of German banking giant Commerzbank AG HK$6 million ( roughly $765,000) for breaches of anti-money laundering rules. ( read original story ...)
A Chinese stock is skyrocketing 3,100% in its debut on US markets, following a trend of little-known stocks from China that soar in an IPO
The provider of digital education materials in China priced its IPO at $5 per share late Thursday, then shot up above $160 on Friday. ( read original story ...)
Chinese electric-car maker Leapmotor gets green light for Hong Kong IPO, aiming to raise up to US$1.5 billion
Zhejiang Leapmotor Tech has won approval from the Hong Kong stock exchange's listing committee, says a source If successful, Leapmotor will be the fourth Chinese EV maker to list in Hong Kong in the ... ( read original story ...)
Hong Kong Bourse May Reclaim 20,000-Point Level
The Hong Kong stock market on Thursday ended the three-day slide in which it had dropped more than 500 points or 2.5 percent. The ... ( read original story ...)
Hong Kong Covid-19 curbs weigh on developers, as earnings tumble by as much as 60 per cent
Sino Land says profit for full year ending June decreased by 40.5 per cent from a year ago Shun Tak Holdings says interim earnings slumped by 51.3 per cent, while Shui On Land reports 58 per cent drop ... ( read original story ...)
Trucpal Token continues to promote to be traded in the Hong Kong financial market in the future
Info Tech Ltd. ("HGC"), the issuer of Trucpal Tokens ("Trucpal"), announces its partnership with Hong Kong Virtual Asset Exchange Limited ("HKVAX"), which has become the other partner in HGC's Global ... ( read original story ...)
Storm Delays Trading Debut for Hong Kong’s Biggest IPO This Year
China Tourism Group Duty Free Corp., which raised HK$16.2 billion ($2.1 billion) in Hong Kong’s biggest listing this year, will have its debut delayed due to tropical storm Ma-on. Most Read from ... ( read original story ...)
Bank of China HK foresees future of banking with AI art series
The campaign will be featured in the live chat series on Bank of China’s own channel, with other mediums to follow. ( read original story ...)
Chinese ramp up pressure on HSBC: Ping An in fresh call for a split
Jessica Tan, co-chief executive of Ping An, said HSBC was a 'significant investment' for the firm and that she was keen to receive a solid return. ( read original story ...)