Category: FINANCE

King & Wood Mallesons, C&T Partners and Clifford Chance are advising on Dongguan Rural Commercial Bank’s US$1.3 billion Hong Kong IPO, a deal that could revive a tepid third quarter. ( read original story ...)

Ximalaya’s ditching of its New York listing plan in favor of Hong Kong could mark the start of a new trend for Chinese tech firms that previously favored the ... ( read original story ...)

The designations came as part of a broader action by the US Treasury Department that targeted Lebanon and Kuwait-based financial conduits that fund the Lebanese Shiite group Hezbollah as well as ... ( read original story ...)

Hong Kong on Friday proposed changing its rules to allow SPACs to list, but with tighter restrictions than elsewhere as it becomes the latest to tap the desire for such investment vehicles even as the ... ( read original story ...)

Hong Kong Financial Secretary Paul Chan Mo-po is confident Hong Kong has a vital role to play in the 14th Five-Year Plan period (2021-25), from offshore Renminbi center to promoting the city's bond ... ( read original story ...)

Hong Kong Exchanges & Clearing, Asia's busiest stock exchange, has outlined plans to allow the listing of blank-check shell corporations whose global popularity has soared over the past year, just two ... ( read original story ...)

The southbound Bond Connect is the latest example of how Beijing is supporting Hong Kong as a financial hub, even as it asserts tighter political control. ( read original story ...)

The Financial Leaders Forum chaired by Financial Secretary Paul Chan holds its 17th meeting and discusses the latest developments of the insurance-linked securities business in Hong Kong. ( read original story ...)

Don't fight China's government objectives, says Suresh Tantia from Credit Suisse. He advises investors to invest in line with Beijing's goals, and recommends betting on Japan instead. ( read original story ...)

Shares of China Evergrande Group fell 3.42% on Friday as fears over its debt problems continue to weigh on investor sentiment. ( read original story ...)

Hong Kong banks are becoming more cautious in their mortgage lending, particularly for incomplete projects built by smaller developers. HSBC, Bank of China (Hong Kong), Hang Seng Bank, Bank of East ... ( read original story ...)

HONG KONG -- A Chinese bank is breathing life back into Hong Kong's initial public offering market after Beijing's clampdown on the technology sector crippled volumes for much of the third quarter. ( read original story ...)

The Hong Kong stock market has finished lower in four straight sessions, plunging more than 1,530 points or 6 percent along the way. The Hang Seng Index now sits just above the 24,660-point plateau ... ( read original story ...)

The long-awaited southbound leg of the Bond Connect between mainland China and Hong Kong will encourage more bond offerings in the city, and prove to be a “game changer” that boosts its credentials as ... ( read original story ...)