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Category: FINANCE

Posted on 21/04/2025

Davis Polk, King & Wood Advise As Chinese Milk Tea Chain Chagee Launch Largest Consumer IPO in New York Since 2021

Davis Polk & Wardwell and King & Wood Mallesons have advised on a few Chinese tea company listings in recent months.

Posted on 21/04/2025

30-Year-Old becomes billionaire through Chinese Tea Chain’s IPO

A young Chinese entrepreneur has joined the billionaire ranks after his tea shop chain listed on a US stock exchange, despite growing tensions between China and the United States.

Posted on 21/04/2025

US lawmakers urge JPMorgan, Bofa to exit CATL IPO over CCP ties

JPMorgan Chase & Co. CEO Jamie Dimon and Bank of America CEO Brian Moynihan on Thursday received a letter from John Moolenaar, chairman of the United States House Select Committee on Chinese Communist ...

Posted on 21/04/2025

‘Hong Kong could fall short of 2% growth forecast amid Trump tariffs’

Hong Kong could fall short of its 2 per cent economic growth forecast under the effects of the United States’ sweeping tariffs on Chinese goods, while the local stock market may experience short-term ...

Posted on 21/04/2025

Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets

That’s pushing the Gulf to look at other markets, particularly Asia. “Middle Eastern sovereign wealth funds have continued quite an aggressive investment strategy” in the region, says Ana Nacvalovaite ...

Posted on 21/04/2025

Decoupling may offer silver lining for IPOs in Hong Kong

Hong Kong stands to benefit if Chinese companies are delisted from American exchanges and have to look for a new home As their trade war heats up, experts and industry insiders are fretting how China ...

Posted on 20/04/2025

Foreign capital rushing into Hong Kong, mainland amid US tariff war: Paul Chan

Financial circles have observed international capital is being allocated to the Hong Kong and mainland markets at an accelerated pace, Paul Chan says.

Posted on 20/04/2025

‘Hong Kong could fall short of 2 per cent growth forecast amid Trump tariffs’

Hong Kong could fall short of its 2 per cent economic growth forecast under the effects of the United States’ sweeping tariffs on Chinese goods, while the local stock market may experience short-term ...

Posted on 20/04/2025

Foreign Secretary urged to intervene in HSBC pensions scandal

McDougall called on Lammy to meet members of the British National (Overseas) community whose savings have been frozen by the banking giant.

Posted on 18/04/2025

Maryland finance expert weighs in after Hong Kong Post suspends shipping of non-airmail packages to U.S.

On Wednesday, the postal service, Hongkong Post, suspended non-airmail packages. Loyola University Maryland Executive in Residence of Finance Jason Cherubini said items coming from Chinese ...

Posted on 18/04/2025

China Stocks to Face $800 Billion US Selling in Extreme Case: GS

US investors could be forced to offload around $800 billion of Chinese equities “in an extreme scenario” of financial decoupling between the world’s two largest economies, Goldman Sachs Group Inc.

Posted on 18/04/2025

Global financial ‘bloodbath’ as Trump’s tariffs spark fears of worldwide recession, Hong Kong shares have worst day for 28 years and European stock futures tank

Shares in Hong Kong plummeted more than 13 percent in their worst day since the 1997 Asian financial crisis, as the Singapore benchmark index dropped 6.8 per cent. South Korea's Kospi lost 4.4 per ...

Posted on 18/04/2025

JPMorgan and BofA should stop work on IPO for China’s CATL, lawmaker says

JPMorgan Chase & Co and Bank of America should withdraw from working on the initial public offering of Chinese electric vehicle battery giant CATL, a Republican lawmaker said on Thursday. John ...

Posted on 18/04/2025

Hang Seng Bank, Mastercard launch new multi-currency debit card for businesses

It offers instant debit, secure exchange rates, and free transaction fees. Hang Seng Bank, in collaboration with Mastercard, has launched a new multi-currency debit card for businesses. The Hang Seng ...

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