Category: FINANCE

Hong Kong's lobby group for fund managers urged incoming Chief Executive John Lee to scrap quarantine rules for travellers and open up to the rest of the world as urgency is needed to restore the city ... ( read original story ...)

Hong Kong experienced a higher outflow of financial professionals last year as the international financial hub imposed strict border controls amid the Covid-19 pandemic that stymied recruitment from ... ( read original story ...)

Shares of Hong Kong-based online brokerage Zhong Yang (TOP) shot up 20% in afternoon trading Monday despite a substantial sell-off in the broader market. ( read original story ...)

Scheme expanded to include non-permanent residents eligible for permanent residency, but will not cover people planning to emigrate. ( read original story ...)

Didi Global Inc. is preparing to delist from the New York Stock Exchange, after its initial public offering there last year drew the wrath of Beijing. The Chinese ride-hailing giant said it plans to ... ( read original story ...)

Limited (OTCMKTS:BHKLY – Get Rating) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 4,400 shares, a decrease of 43.6% ... ( read original story ...)

Two other scenarios that could benefit shareholders are for HSBC to spin off the Asian business or just its Hong Kong retail operations into partial IPOs. Read more at straitstimes.com. ( read original story ...)

Most Read from BloombergChina Alarms US With Private Warnings to Avoid Taiwan Strait‘Party Like a Russian’ Turns Toxic at Putin’s Flagship ForumStocks, Bonds Fall on Inflation Shock; Yen Slumps: ... ( read original story ...)

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.184 million shares in London and Hong Kong last Friday (10th), involving a total of approximately HKD157 million. HSBC ... ( read original story ...)

Two other scenarios that could benefit shareholders are for HSBC to spin off the Asian business or just its Hong Kong retail operations into partial initial public offerings, Toto Consultancy Ltd. ( read original story ...)

A report from Hong Kong consultancy In Toto claims splitting off the Asian arm and selling it could fetch up to £21.5billion. ( read original story ...)

An article in the People’s Daily, the mouthpiece of the Chinese Communist Party, recently questioned a company seeking to list its shares in Hong Kong, a rare move that has baffled some analysts and ... ( read original story ...)

A break up of HSBC Holdings Plc’s Asian unit could unlock US$26.5 billion, or a fifth of its current market value, according to research that could substantiate a push from its largest shareholder to ... ( read original story ...)

HSBC is missing out on £22bn of shareholder returns by not spinning off its Asian operation as a separate business, according to new research commissioned by the major investor pushing for a breakup ... ( read original story ...)