Small individual investors, angered by the recent illegal short selling practices of BNP Paribas and HSBC, have called for more stringent measures to prevent a recurrence, even in the face of ...
As Hong Kong’s currency peg marks 40th birthday with little fuss, some traders dither over its future
Hong Kong’s currency is marking the anniversary of its peg to the US dollar this week with little fuss. Swinging between a loss of 0.01 per cent and a gain of 0.05 per cent on its 40th birthday, the ...
Risk-Advisory Firms Decide Hong Kong Isn’t Worth It
U.S.-based Nardello and other investigation companies are moving employees out of the city as business dwindles and China cracks down.
Hong Kong: 11kg of suspected cocaine found in motorised wheelchair
Officials at Hong Kong International Airport have uncovered an estimated 12m Hong Kong dollars (£1.27m)-worth of suspected cocaine hidden in the cushions of an electric wheelchair. The 11kg haul was ...
Indonesian courier J&T Global aims to raise US$500 million via Hong Kong’s second biggest IPO of the year
Jakarta-based J&T will sell some 300 million shares at HK$12 per share, according to a filing on the Hong Kong Exchanges and Clearing Based on that valuation, J&T will have a post-issue market ...
Hong Kong’s Property Market Crisis: A Symptom of a Greater Chinese Real Estate Woe
The bustling city of Hong Kong, a bastion of free-market capitalism, is now facing an unexpected adversary: a significant downturn in the property market. In October, 60% of recorded cases have shown ...
Hong Kong stocks slip as market braces for new US tech curbs on China while worsening Israel-Hamas war saps risk appetite
Stocks retreat further from a five-week high as investors brace for new US curbs on technology exports to China. China’s economy slowed last quarter, according to forecasts before a government report ...
Citi, HSBC Become 1st Banks to Use HKEX Synapse Platform
Citigroup and HSBC became the first banks to use HKEX Synapse platform, a new integrated settlement acceleration platform for Shanghai- and Shenzhen-Hong Kong Stock Connects. Citigroup securities ...
As Hong Kong’s currency peg turns 40, analysts are divided if it should be aligned with the Chinese yuan instead of the US dollar
The peg was established when there was a crisis of confidence and it has provided monetary stability to the city for 40 years, HKMA boss says Hong Kong should not change the peg in a hurry, but it is ...
Hong Kong teen’s rescue a reminder to care for our struggling youth
The openness of Matthew Tsang's parents about his mental health struggles can help us as a community to remember to pay attention to the issues affecting young people's well-being The sensationalised ...
Tencent-Backed Logistics Firm Plans to Raise Over $500M in Hong Kong IPO
By P.R. Venkat Tencent-backed J&T Global Express is the latest logistics-related company seeking to tap investors' appetite in Hong Kong with a 3.92 ...
UPDATE 1-Courier services startup J&T Express to raise $500 million in Hong Kong IPO
Indonesian courier services startup J&T Global Express said on Monday it planned to raise up to HK$3.92 billion ($500.97 million) in Hong Kong's second-largest initial public offering (IPO) in 2023.
Hong Kong’s retail space vacancy to stabilise as global brands boost local presence to reconnect with target consumers
Some retail and lifestyle stores are expanding their local presence to connect with their target customers in post-pandemic era, Cushman says Rentals for high-street shop space have risen in the past three quarters,
Pegula beats Yuan to claim Korea Open title. Fernandez wins Hong Kong Open
Jessica Pegula has beaten Yuan Yue 6-2, 6-3 in the final of the Korea Open for the fourth title of her career.