HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.0646 million shares in London and Hong Kong yesterday (12th), involving a total of approximately HKD150 million. HSBC ... ( read original story ...)
Hong Kong’s Biggest 2022 Debut Struggles With Tianqi Down 9%
Shares of Tianqi Lithium Corp. fell as much as 9.2% in Hong Kong, following the largest share sale in the Asian financial hub this year.Most Read from BloombergFresh US Inflation Peak to Keep Fed on ... ( read original story ...)
Hong Kong Weighs Conditional Quarantine-Free Travel by November
Hong Kong’s new health chief said conditional quarantine-free travel could be allowed by November in time for a global bankers’ summit to be held in the city, the South China Morning Post reported ... ( read original story ...)
US should expand Hong Kong sanctions to mid-tier officials, panel is told
Congressional-Executive Commission on China hears recommendations on how to increase pressure on Beijing over its crackdown on Hongkongers' rights Other suggested measures include speeding action on ... ( read original story ...)
Hong Kong may loosen Covid-19 quarantine by November: Health chief
He floated a scenario where arrivals could be subject to PCR testing and banned from high-risk venues. Read more at straitstimes.com. ( read original story ...)
IPO Update: Graphex Group
Graphex Group (GRFX) has filed proposed terms for an $8 million IPO. Read more to see why I'm on Hold for GRFX as an investment. ( read original story ...)
Hong Kong virtual bank launches digital wealth manager
GoWealth digital wealth advisory combines WeLab Bank's fintech strength with the investment expertise of Allianz Global Investors #hongkong ... ( read original story ...)
Why Hong Kong’s richest person is betting on a Peninsula biotech startup
In the world of genetic medicine, Epic Bio can't cut it — and that's just fine with CEO Amber Salzman. By not cutting out the bad part of a gene before replacing it with a correct DNA sequence — the ... ( read original story ...)
Hong Kong to electronically tag Covid patients as it adopts China’s health code system
Those in home isolation will be forced to wear a bracelet tracking their movements as territory introduces China-style QR code system ... ( read original story ...)
Hong Kong ‘metaverse startup’ Animoca Brands raises $75m
Hong Kong startup Animoca Brands, a major player in the burgeoning "metaverse" space, said Tuesday it has completed a $75 million round of fundraising, despite a meltdown in cryptocurrency markets. ( read original story ...)
Hundreds of Hong Kong land sites with room for at least 20,000 new flats stuck in limbo as owners call for government action
Many ageing flats across the city, built for civil servants, are vacant or being used for storage as land premiums make the sites unattractive for redevelopment Urban Renewal Authority pilot projects ... ( read original story ...)
Covid-19 pandemic hits value of Hong Kong’s subsidised Home Ownership Scheme flats, study shows
according to Hong Kong Metropolitan University's (HKMU) HOS Price Index, the first gauge to reflect subsidised housing price levels. The Centa-City Leading Index, a gauge of lived-in home prices ... ( read original story ...)
China tries to stem growing anger over frozen bank deposits
Chinese authorities will start refunding bank customers whose accounts have been frozen for months, following some of the biggest protests the country has seen since the start of the pandemic. ( read original story ...)
Bank customers demanding their money back staged China’s largest protest in years. The violent episode is the ‘tip of the iceberg’ of China’s looming banking crisis
A crackdown on bloated developers like Evergrande is likely to trickle down to local banks and customers who want to protect their life savings. ( read original story ...)