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Category: FINANCE

Posted on 03/01/2022

Evergrande suspends trading of shares in Hong Kong

Embattled Chinese property developer Evergrande suspended trading in Hong Kong on Monday as the heavily indebted company contends with an ongoing real estate crisis. ( read original story ...)

Posted on 03/01/2022

Alibaba, JD Fall As Evergrande Suspends Hong Kong Trading; EV Stocks Strike Gains On Upbeat Deliveries

Shares of Alibaba Group Holding Limited (NYSE: BABA) and JD.Com Inc. (NASDAQ: JD) fell in Hong Kong on Monday, while Xpeng Inc. (NYSE: XPEV), Li Auto Inc. (NASDAQ: LI) ... ( read original story ...)

Posted on 03/01/2022

Hong Kong’s airport authority mandates 22 banks for U.S. dollar bond issuance

The Airport Authority Hong Kong has mandated 22 banks including Bank of America, BNP Paribas and HSBC for a U.S. dollar-denominated multi-tranche bond issuance, according to a term sheet seen by ... ( read original story ...)

Posted on 03/01/2022

15 IPOs to keep an eye on in 2022, as Hong Kong tries to put a difficult year behind it

Hong Kong's main board dropped to third place last year from second in 2020 in international rankings More than 70 per cent of firms that listed in the city in 2021 saw their stock prices trade below ... ( read original story ...)

Posted on 03/01/2022

More than 70 per cent of new Hong Kong listings ended 2021 below their IPO price, hit hard by Beijing’s tech crackdown

Eight of the 10 largest IPOs in Hong Kong last year would have delivered losses to investors who held the shares until the end of the year The only winners among the large IPOs were electric car ... ( read original story ...)

Posted on 03/01/2022

HSBC wins ‘best cash management bank’ award

The Hongkong and Shanghai Bank Corporation (HSBC) has been recognised as the best cash management bank at the CorporateTreasurer Awards 2021. ( read original story ...)

Posted on 02/01/2022

Hong Kong financial chief expects 2021 GDP growth to reach 6.4%

Hong Kong’s Financial Secretary Paul Chan expects the city’s economic growth to reach 6.4% in 2021, marking a recovery from two years of recessions as the government largely keeps Covid-19 at bay. ( read original story ...)

Posted on 02/01/2022

H.K. Financial Chief Expects 2021 GDP Growth to Reach 6.4%

Hong Kong’s Financial Secretary Paul Chan expects the city’s economic growth to reach 6.4% in 2021, marking a recovery from two years of recessions as the government largely keeps Covid-19 at bay. ( read original story ...)

Posted on 02/01/2022

Hong Kong property developers, blamed for the city’s housing crisis, cleared up their act in 2021. Here’s how

Hong Kong property developers tried to change their image by introducing environmental, social and corporate governance initiatives, such as social housing and other projects aimed at benefiting the ... ( read original story ...)

Posted on 01/01/2022

Anxious to retain talent, Hong Kong multinationals cover quarantine costs of expatriate staff who travel to visit families

'Quarantine subsidies' are a hefty financial burden for companies that rely on foreign employees Covid-19 travel restrictions have stopped many foreign employees from returning home for two years Some ... ( read original story ...)

Posted on 01/01/2022

Hong Kong Faces Price Spike; Texas Asks for Aid: Virus Update

Hong Kong faces higher prices for food and other daily necessities after the city’s biggest airline cut cargo flights while an adviser to the government urged a tightening of social distancing rules. ( read original story ...)

Posted on 01/01/2022

BOC Hong Kong Holdings All-Time High (Daily)

The all-time high/low of a security is the highest/lowest intraday, split-adjusted levels that a security has traded at since its inception. Read full definition. ( read original story ...)

Posted on 01/01/2022

Hong Kong Stocks Listing Superimposed On Commercial Operations, Desun Services Is Heading Towards “the Ocean of Stars”

On December 17, Desun Services was officially listed on the Hong Kong stock market. With Rapid Business Growth, Desun Services is "Transforming" The successful listing of Desun Services demonstrates ... ( read original story ...)

Posted on 01/01/2022

Hong Kong New Year Countdown Celebrations Welcome 2022 with the First-Ever Arts Spectacular across Victoria Harbour

Hong Kong's iconic Victoria Harbour lit up exceptionally bright as the city rings in 2022, taking its thriving art scene right to the global centre stage. ( read original story ...)

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