Hong Kong stocks were off slightly ... while healthcare -1.26%, communication -0.78%, and financials -0.37%. The top sub-sectors were telecom, energy, and media, while semis, pharma, and healthcare ...
WuXi Biologics Hatches New Baby With ADC Drug Unit IPO
Summary The drug outsourcing services company is spinning off its WuXi XDC unit, seizing on investor enthusiasm for a new generation of highly targeted ADC drugs.WuXi XDC has filed for a Hong Kong IPO ...
Hong Kong’s graft-buster charges doctor with fraud for allegedly tricking Hospital Authority out of HK$110,000
Doctor accused of making false declarations on attendance records resulting in him being paid for work he did not do Independent Commission Against Corruption reminds public servants to uphold high standard of integrity to maintain public trust A doctor ...
US bill that could close Hong Kong’s trade offices advances in Senate; gov’t slams ‘gross interference’
A draft bill that could shut down Hong Kong’s economic and trade offices in the US was approved by the Senate Committee on Foreign Affairs last Thursday, bringing it closer to becoming law. The action was strongly condemned by the Hong Kong government ...
Chinese chip startup Biren plans Hong Kong IPO this year
Chinese chip startup Shanghai Biren Intelligent Technology Co. is considering an IPO in Hong Kong this year, according to Bloomberg, citing people ...
China to sell US$1.7 billion of government bonds in Hong Kong in August to promote yuan’s internalisation, tap cheaper money
Mainland China will sell 12 billion yuan of government bonds in Hong Kong next month as Beijing continues its efforts to promote its currency internationally and tap cheaper funds amid a widening ...
Hang Seng offers e-sign for mainland firms
Hong Kong-headquartered bank Hang Seng, with the aim of assisting companies that wish to expand their business in the territory, is providing its mainland customers with a commercial banking e-sign ...
UPDATE 1-China, Hong Kong stocks wobble; focus on stimulus
HONG KONG, July 19 (Reuters) - China stocks closed flat on Wednesday ... slower than a 14.9% rise in the first five months, finance ministry data showed. ** "With one weak print after another, ...
China’s finance ministry to issue sovereign yuan bonds in Hong Kong next month
BEIJING, July 19 (Xinhua) -- China's finance ministry will issue 12 billion yuan (about 1.68 billion U.S. dollars) of yuan-denominated bonds in the Hong Kong Special Administrative Region next month, ...
China Names Ex-Intelligence Official as Hong Kong Security Chief
China named a former top official from its secret intelligence agency the new head of Beijing’s national security office in Hong Kong, as the finance hub continues to crack down on dissent.
Hong Kong’s security appointee signals resolve for tight control
China's appointment of a top intelligence official to run Hong Kong's national security regime underscores its determination to tighten its grip on the financial hub, according to diplomats and ...
Bookworms gather in Hong Kong for yearly feast as one of world’s largest book fairs opens its doors for 7-day event
The large crowd, including foreigners and mainland Chinese visitors, flocked to the Hong Kong Book Fair, the city's first since all borders reopened. More than 300 people were in the queue at around ...
China, Hong Kong stocks extend losses, focus on stimulus
China and Hong stocks extended losses on Wednesday, with frail economic data continuing to weigh on sentiment as investors wait for meaningful stimulus as the next catalyst.
HSBC Buys Back 4.74M Shrs for About $299M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.7464 million shares in the UK and Hong Kong markets yesterday (18th), involving a total of about HK$299 million. Of these, 2.2464 ...