By Kay Li Investing.com - It is not an overstatement to say that 2021 was a "lost year" for the Hong Kong stock market, especially for the technology and internet sector, which dragged the Hang Seng ... ( read original story ...)
HSBC completes first insurance backed receivables finance transaction
The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh has recently completed the country’s first insurance backed receivables finance transaction for MBM Garments. ( read original story ...)
HSBC Gets Nod to Buy Remaining Stake in China Life Insurance JV
HSBC Holdings plc HSBC receives regulatory approval from the China Banking and Insurance Regulatory Commission to acquire the remaining 50% stake in its China life insurance joint venture (JV) — HSBC ... ( read original story ...)
Hong Kong Is Increasingly Shut Off as Inbound Flights Drop
Hong Kong is becoming increasingly shut off from the outside world because of its strict Covid-19 policies as the city imposes a raft of flight bans and airlines slash inbound services. Cathay Pacific ... ( read original story ...)
Potential Omicron Cluster Clouds Hong Kong’s Virus-Free Days
Two Hong Kong residents have been preliminarily diagnosed with Covid-19, marking the first community spread of the virus in nearly seven months to people without a recent travel history or ties to the ... ( read original story ...)
HSBC Life China Gets Go-Ahead to Become China’s Third Wholly Foreign-Owned Life Insurer
Hong Kong and Shanghai Banking Corporation Life Insurance Company, also known as HSBC Life China, received the regulatory approval to become China’s third joint venture to turn into a wholly ... ( read original story ...)
Hong Kong stocks mark worst year in a decade, China edges up
SHANGHAI: Hong Kong stocks rose on Friday but marked their worst yearly performance in a decade following China's regulatory crackdowns on tech firms, while mainland-listed equities edged up thanks to ... ( read original story ...)
HSBC Gets Insurance Deal Nod in Sign of Easing China Relations
HSBC Holdings Plc. won regulatory approval to take full control of its life insurance venture in China after more than one and half years’ waiting, marking an initial success in mending frayed ... ( read original story ...)
Hong Kong editors charged with sedition, U.S. criticizes raid
Two former editors from a Hong Kong online pro-democracy news outlet were charged with sedition and denied bail Thursday, a day after one of the last openly critical voices in the city said it would ... ( read original story ...)
AMTD International Reports Half Yearly Financials and Completes Private Placement of New Shares
AMTD International Inc. ("AMTD International" or the "Company", NYSE: HKIB; SGX: HKB), a NYSE and SGX-ST dual listed company and a subsidiary of AMTD Group Company Ltd. ("AMTD Group" or the "Group"), ... ( read original story ...)
38 Hongkongers lose HK$12 million to scammers posing as big banks, finance companies offering low-interest loans
Nearly 40 Hongkongers were conned out of a total of HK$12 million (US$1.5 million) in fraudulent low-interest loans, according to a member of the Democratic Party. Consumer rights advocate of the ... ( read original story ...)
Two Hong Kong news editors at shuttered website charged with sedition
Chung Pui-kuen and Patrick Lam, both top editors at the pro-democracy website Stand News, were charged and denied bail on Thursday. ( read original story ...)
SenseTime Shares Jump as Much as 23% on Debut After $740 Million Hong Kong IPO
SenseTime Group shares surged as much as 23% from their IPO price on Thursday, adding billions of dollars to the artificial intelligence start-up's market value as it debuted in Hong Kong in the ... ( read original story ...)
SenseTime shares jump 23% on debut after $740 mln Hong Kong IPO
SenseTime Group shares jumped as much as 23% from their IPO price as they debuted on the Hong Kong Stock Exchange on Thursday in the city's final major float for the year. ( read original story ...)