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Category: FINANCE

Posted on 10/12/2020

JD Health’s IPO Is a Success. It May Be One Piece of JD.com’s Listings Spree.

Shares of JD Health, China’s leading digital health-services platform, are up about 60% two days after its market debut in Hong Kong. ( read original story ...)

Posted on 09/12/2020

Hong Kong shares end higher on hopes of COVID-19 vaccine progress

Hong Kong shares ended higher on Wednesday, tracking bullish sentiment in the region buoyed by Britain's COVID-19 vaccine rollout and other positive news related to the vaccine. ( read original story ...)

Posted on 09/12/2020

Hong Kong Stock Market May Find Support On Wednesday

The Hong Kong stock market has finished lower in two straight sessions, sinking more than 530 points or 2 percent along the way. The Hang Seng Index now sits just above the 26,300-point plateau ... ( read original story ...)

Posted on 09/12/2020

JD Health shares close 56% higher on their market debut in Hong Kong

JD Health shares rallied throughout the day, hitting an intra-day high of 123.3 Hong Kong dollars — or as high as 75% from the offer price. ( read original story ...)

Posted on 09/12/2020

China Market Update: JD Health’s IPO Has “The Right Stuff” To Fly, Hong Kong Value “Bought The Farm” And Underperformed

Asian equities were mostly off on plunging/light volumes. Taiwan outperformed while Korea took a hit after yesterday’s strong performance. The Hang Seng was off by -0.76% on US-China political ... ( read original story ...)

Posted on 08/12/2020

Hong Kong bank account freezes rekindle asset safety fears

Hong Kong police moves to freeze the accounts of several people linked to pro-democracy protests is prompting some residents to shift part of their savings overseas, bankers and lawyers said. Banks ... ( read original story ...)

Posted on 08/12/2020

HSBC Accounts Of Hong Kong Pro-democracy Church Frozen: Pastor

At least three HSBC accounts related to a Hong Kong church that helped pro-democracy protesters during last year's unrest have been frozen, its pastor said Tuesday, the British bank's second ... ( read original story ...)

Posted on 08/12/2020

JD Health’s IPO is the Best by a Mega Hong Kong Debut

JD Health International Inc.’s $3.5 billion float already made it Hong Kong’s largest initial public offering of the year. Now, the company is set to add another notch on its belt: having the ... ( read original story ...)

Posted on 08/12/2020

China, Hong Kong stocks ease as Sino-U.S. tensions weigh

China and Hong Kong shares extended declines on Tuesday, dragged down by financial and transport firms, as Sino-U.S. tensions continued to weigh on the market. HK->Shanghai Connect daily quota used 5. ( read original story ...)

Posted on 08/12/2020

HSBC Again Snagged in Hong Kong Turmoil as Lam Defends Banks

Hong Kong Chief Executive Carrie Lam came out in defense of the city’s financial system after HSBC Holdings Plc was criticized for freezing the accounts of a former pro-democracy lawmaker and a local ... ( read original story ...)

Posted on 08/12/2020

How Beijing Is Threatening Hong Kong’s Status as Global Financial Center

China’s recent Hong Kong security legislation could be the beginning of the end for Hong Kong as one of the world’s leading financial and trading centers. ( read original story ...)

Posted on 08/12/2020

JD Health shares soar nearly 50per cent in Hong Kong trading debut

JD Health International Inc shares rose as much as 46.5per cent above the issue price in their Hong Kong trading debut on Tuesday, following an ... ( read original story ...)

Posted on 08/12/2020

Hong Kong to ban dining in restaurants from 1000 GMT to curb coronavirus

Hong Kong leader Carrie Lam said on Tuesday the city will ban dining in restaurants after 6 p.m. (1000 GMT) to curb a rise in coronavirus cases in the densely packed financial hub. ( read original story ...)

Posted on 08/12/2020

Hong Kong’s Top Chinese Stocks Drop on Sanction Risk Concerns

Hong Kong stocks dropped, with investors selling some of the quarter’s top performers on concern more firms may be kicked out of global equity benchmarks and that Chinese banks may be targeted as ... ( read original story ...)

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