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Category: FINANCE

Posted on 08/08/2022

HSBC seeks to placate Hong Kong investors after rejecting break-up call

HSBC's bosses met retail investors in Hong Kong on Tuesday, urging them that a strategy to operate as a unified bank is better for its future than a break-up mooted by top shareholder Ping An ... ( read original story ...)

Posted on 08/08/2022

HSBC’s headquarters should be in Hong Kong instead of the UK, says Hong Kong district councilor

Christine Fong, a councilor for Hong Kong's Sai Kung district, says that's important for risk management in the face of the Russia-Ukraine war and inflation. ( read original story ...)

Posted on 08/08/2022

Hong Kong Cuts Hotel Quarantine for Incoming Travelers to 3 Days

Hong Kong will shorten the Covid-19 hotel quarantine period for all arrivals to three days from the earlier seven days. ( read original story ...)

Posted on 08/08/2022

Biocytogen Pharmaceuticals Refiles for Hong Kong IPO

The Beijing-based company filed an updated draft prospectus to the Hong Kong bourse late Sunday, saying that it plans to use the proceeds from an offering to research and develop drugs to treat ... ( read original story ...)

Posted on 08/08/2022

Hong Kong cuts COVID quarantine stay for incoming travellers

Hong Kong will shorten the COVID-19 hotel quarantine period for all arrivals to three days from seven, taking another step to gradually unwind stringent pandemic rules that have isolated the Asian ... ( read original story ...)

Posted on 08/08/2022

Hong Kong’s ZA Bank launches investment fund service

All subscription fees are waived until 31 December 2022. Hong Kong’s virtual bank ZA Bank has officially launched its investment fund service. Until 31 December, all subscription fees to the service ... ( read original story ...)

Posted on 08/08/2022

Covid-19: Hong Kong cuts quarantine time for incoming travellers

"We need to balance between people's livelihood and the competitiveness of Hong Kong to give the community maximum momentum and economic vitality," Lee said. People in quarantine will be issued a red ... ( read original story ...)

Posted on 08/08/2022

Hong Kong cuts Covid quarantine to three days in hotel for incoming travellers

Hong Kong will shorten the Covid-19 hotel quarantine period for all arrivals to three days from seven, taking another step to gradually unwind stringent pandemic rules that have isolated the Asian ... ( read original story ...)

Posted on 08/08/2022

Hong Kong eases COVID quarantine rules for incoming travellers

"We need to balance between people's livelihood and the competitiveness of Hong Kong to give the community maximum momentum and economic vitality," Lee said. People in quarantine will be issued a red ... ( read original story ...)

Posted on 07/08/2022

Hong Kong consumption vouchers: residents go out to spend after receiving first HK$2,000 instalment in final round of scheme

Car worth HK$273,000 and discounts on stays at five-star hotels are among millions of dollars in rewards and offers up for grabs to lure spenders In Hong Kong's Causeway Bay shopping district, some ... ( read original story ...)

Posted on 07/08/2022

China’s $84b IPO boom defies the world

An average 43 per cent return may be why initial public offerings in China this year dwarf traditional financial centres such as New York and London. ( read original story ...)

Posted on 06/08/2022

HK supports central govt’s countermeasures against Pelosi’s visit; sanctions may cause ‘substantial financial loss if economic connection is cut off’

Hong Kong Special Administrative Region government said on Friday that it fully supports and coordinates with all necessary measures taken by the central government in response to US House Speaker ... ( read original story ...)

Posted on 06/08/2022

Another little-known Chinese stock is soaring with a one-day price gain of more than 5,000% in its IPO debut

Magic Empire's market valuation topped $4.7 billion at its peak on Friday even though the the company only generated $2.1 million in revenue in 2021. ( read original story ...)

Posted on 06/08/2022

Hong Kong’s Hang Seng lead gains in Asia; Alibaba rises more than 4% ahead of earnings

Asia-Pacific shares traded higher on Thursday as investors move on from the tensions over U.S. House Speaker Nancy Pelosi's controversial visit to Taiwan. ( read original story ...)

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