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Category: FINANCE

Posted on 14/02/2022

New York set for first Chinese IPO in seven months

HONG KONG -- New York is poised to see its first initial public offering by a Chinese company in seven months amid signs the city could see a new flurry of such listings. ( read original story ...)

Posted on 14/02/2022

Hong Kong facing a health crisis as ‘COVID zero’ fails to halt tide of cases

Hong Kong: Hong Kong’s health officials warned that the city ... Besides battering its economy and threatening its status as an international financial hub, the futile policy has led to frustration ... ( read original story ...)

Posted on 14/02/2022

Hong Kong’s financial and monetary stability risks are manageable: HKSAR Financial Secretary

He noted that Hong Kong's financial and monetary stability risks are manageable facing the US interest rate hike cycle. In the past two years, every step on the fight against the epidemic has not been ... ( read original story ...)

Posted on 13/02/2022

Hong Kong Stocks Cap Biggest Post-Lunar Holiday Gain Since 2009

Hong Kong stocks posted their biggest post-Lunar New Year holiday advance since 2009, as traders played catch-up to gains in global equities and a rally in financials outweighed the impact of an ... ( read original story ...)

Posted on 13/02/2022

Hang Seng Bank (OTCMKTS:HSNGY) Reaches New 52-Week High at $21.61

Hang Seng Bank Limited (OTCMKTS ... and institutional customers in Hong Kong, Mainland China, and internationally. It operates through four segments: Wealth and Personal Banking, Commercial ... ( read original story ...)

Posted on 13/02/2022

Hong Kong NGO urges city’s finance chief to provide more support to those in need amid latest social-distancing restrictions

An advocacy group representing the underprivileged in Hong Kong has urged the city’s finance chief to allocate at least 25 per cent of gross domestic product to public expenditure ahead of his budget ... ( read original story ...)

Posted on 13/02/2022

Coronavirus: quarantine for Hong Kong care home residents, employees to be reduced to 1 week, labour chief says

Last week, Hong Kong leader Carrie Lam Cheng Yuet-ngor announced a sixth round of anti-epidemic relief funding totalling HK$26 billion and said she hoped it would be approved by lawmakers at a Finance ... ( read original story ...)

Posted on 13/02/2022

Coronavirus: Hong Kong expected to breach new threshold with more than 3,000 preliminary-positive cases, while officials ‘consider small-scale lockdowns’

Financial Secretary Paul Chan Mo-po ... The insider said there would be "further discussion" on how to enhance Hong Kong's existing "Leave Home Safe" risk-exposure app and make it more efficient for ... ( read original story ...)

Posted on 13/02/2022

Hong Kong Surge; South Korea Cases Rise to Record: Virus Update

Hong Kong’s banks will suspend operations at one in every four local branches after a number of employees were infected, the South China Morning Post reported. HSBC Holdings Plc, Standard Chartered ... ( read original story ...)

Posted on 13/02/2022

Hong Kong food supplies may be disrupted as COVID-19 hits goods drivers: Authorities

HONG KONG: Hong Kong authorities said on Sunday (Feb 13) supplies of vegetables and chilled poultry into the global financial hub may be temporarily disrupted after some mainland goods vehicle drivers ... ( read original story ...)

Posted on 13/02/2022

Covid hits drivers, disrupts supply chain in Hong Kong – latest updates

disrupts supply chain in Hong Kong Hong Kong authorities have said supplies of vegetables and chilled poultry into the global financial hub may be temporarily disrupted after some mainland goods ... ( read original story ...)

Posted on 12/02/2022

Hong Kong to report record 1,510 COVID cases on Saturday

Hong Kong and mainland China are among few places in the world still aiming to suppress every COVID-19 outbreak instead of trying to live with the virus, but the Omicron variant has proven tough to ... ( read original story ...)

Posted on 12/02/2022

Covid-19: one in every four bank branches shut in Hong Kong, with 16 major lenders including HSBC, BOCHK adapting to worsening fifth wave

This is the most number of bank branches ever closed in Hong Kong, except when the city faces severe typhoons and all branches are shut 16 major banks are closing a total of 276 branches because of ... ( read original story ...)

Posted on 12/02/2022

Hong Kong Is Not Wuhan. It Can’t Afford a Lockdown

She previously worked for the Wall Street Journal. Local media is rife with speculation about Hong Kong leaning on the mainland to rein in the latest Covid-19 outbreak, with cases rising to record ... ( read original story ...)

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