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Posted on 07/08/2023

Shares of China’s second largest chip foundry Hua Hong jump 13% in Shanghai debut

Shares of Chinese chipmaker Hua Hong jumped 13% at the open during its debut on Shanghai Stock Exchange's Nasdaq-style Star Market on Monday.

Posted on 07/08/2023

HSBC executive apologises for calling UK ‘weak’ on China

A senior HSBC executive has been forced to apologise after accusing Britain of being “weak” for complying with US demands to cut back dealings with China.

Posted on 07/08/2023

HSBC’s top lobbyist apologises for slamming UK’s tougher stance on China

A senior HSBC exec has apologised after accusing the UK of being 'weak' by responding to American pressure to toughen its stance on China.

Posted on 07/08/2023

HSBC executive sorry for saying UK ‘weak’ over China

More than 80% of HSBC's profits are generated from outside the UK, with more than half of that coming from mainland China and Hong Kong. It means that the global banking giant has to walk a fine ...

Posted on 07/08/2023

Exclusive: Credit Suisse Hong Kong investing banking job cuts, targeting 80%, start this week

Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be laid off and the cuts will start from this week, two people with knowledge of the matter said, as part of the bank's ...

Posted on 07/08/2023

80% of Credit Suisse Hong Kong investing banking jobs to be cut: Sources

Only about 20 bankers will likely be spared the cuts that will impact the 100-people strong team. Read more at straitstimes.com.

Posted on 07/08/2023

After Covid placed her in spotlight, scientist behind mRNA vaccines, in Hong Kong for award, voices hope technology can treat other conditions

Hungarian-American biochemist Professor Katalin Kariko hopes mRNA science can be used for wound-healing and even on cancer In town to receive CUHK honorary doctorate of science, she shares her ...

Posted on 07/08/2023

U.S. IPO Weekly Recap: SharkNinja Completes Listing As Wave Of Small IPOs Continues

There were five pricings this past week, four of which are included in our IPO stats. Three issuers submitted initial filings.

Posted on 07/08/2023

Exclusive: Credit Suisse Hong Kong investing banking job cuts, targeting 80% staff, start this week- sources

Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be laid off and the cuts will start from this week, two people with knowledge of the matter said, as part of the bank's ...

Posted on 07/08/2023

Whale carcass found in Hong Kong waters to be buried but authorities plan to retrieve skeleton for research

Experts have conducted a necropsy on carcass of the eight-metre Bryde’s whale and further analysis of tissue samples is under way, government says.

Posted on 07/08/2023

Hong Kong needs to protect its image as financial center

Chief Executive John Lee, marking the 26th anniversary of the establishment of the Hong Kong Special Administrative Region after the return of Hong Kong to China by Britain, asserted ...

Posted on 07/08/2023

HSBC launches $2bn buyback as profit beats forecasts

HONG KONG: HSBC Holdings raised its key performance target on Tuesday as its first-half profit surged more than two-fold, supported by rising interest rates around the world and the planned sale of ...

Posted on 07/08/2023

HSBC executive slams ‘weak’ UK for siding with US against China

The head of public affairs said the UK would often bow to the demands of Washington and shouldn’t blindly follow the US.

Posted on 07/08/2023

Hong Kong stocks waver as traders reassess impact of China’s stimulus measures to spur growth

Hong Kong stocks fluctuated between gains and losses as investors ... A joint briefing by government agencies, including the central bank and the finance ministry on Friday, failed to deliver any ...

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