Hong Kong’s newly appointed Roman Catholic cardinal says he dreams of having bishops and faithfuls from different parts of greater China pray together one day.
Hong Kong watchdog SFC acquires 12 floors in Swire Properties’ One Island East for US$691 million in ‘cost-saving’ deal
Hong Kong’s Securities and Futures Commission has agreed to pay HK$5.4 billion (US$691 million) to acquire a number of floors at Swire Properties’ One Island East development in Quarry Bay for its ...
Hong Kong to relax mortgage arrangements for second-hand subsidised homes to support less well-off buyers
Under revised rules that take effect in march next year, government will extend mortgage default guarantee period on a flat from 30 to 50 years.
China’s WuXi XDC jumps 40% in Hong Kong trading debut
Chinese medical research group WuXi XDC's shares have risen nearly 40 per cent as the stock started trading on the Hong Kong Stock Exchange (HKEX) on Friday.The firm raised $470 million in its initial public offering,
With Alibaba Cautious Over Deals, China’s Equity Capital Markets Remain Weak
Alibaba Group delayed the listing of its Freshippo grocery unit and shelved the spinoff of its cloud business—the latest sign that Chinese equity capital markets remain underwater. Alibaba has said it wants to split into six independently run companies.
Hong Kong Stocks Take A Hit As Alibaba Plunges
Hong Kong stocks tumbled Friday as market heavyweight Alibaba was hammered after saying it would call off a planned spinoff of its cloud computing business.
Hong Kong’s financial system sound with no capital outflow: HKMA chief executive
HONG KONG, Nov. 17 (Xinhua) -- Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue said on Friday that despite volatility in global financial markets, Hong Kong's financial system remains ...
Fintech Collaboration between Mainland China and Hong Kong
In recent years, the financial technology (Fintech) landscape has witnessed remarkable growth, with Mainland China and Hong Kong emerging as key players in the Asia-Pacific region. The collaboration ...
China’s WuXi XDC shines in Hong Kong trading debut as stock jumps 36%
SYDNEY: Chinese medical research group WuXi XDC's shares staged one of the strongest trading debuts for an initial public offering in Hong Kong this year on Friday, surging 36 per cent. The company ...
Alibaba shares plunge after cloud unit IPO nixed
Posted . Alibaba Group's Hong Kong shares slumped 10% on Friday after it scrapped plans to spin off its cloud busines ...
Alibaba Loses $21 Billion In Market Value After Suspending Cloud Unit IPO And Jack Ma Sells Shares
Alibaba Group stunned investors when it announced that it would suspend the listing plan of its cloud computing unit, while also revealing that cofounder Jack Ma intends to sell some of his shares.
Chinese EV maker Li Auto and pharmaceutical firm WuXi Apptec to join Hong Kong’s benchmark Hang Seng Index in December
Chinese electric-car maker Li Auto and pharmaceutical company WuXi Apptec will join the Hang Seng Index as new constituents next month, according to the latest quarterly review by Hong Kong’s index ...
Hong Kong firm suspected of unauthorized use of Tottori prefecture emblem
Tottori officials say they have found that a Hong Kong-based company is using a symbol closely resembling the Japanese prefecture's emblem. They plan to ask the firm to stop the unauthorized use of the emblem.
Yum China To Buy Back $750 Mln Of Shares
Restaurant chain Yum China Holdings, Inc. (YUMC) on Thursday announced that it has entered into a share repurchase agreement in the