Prudential has been grappling with strict COVID containment policies in Greater China, which battered its business in Hong Kong. Find out why PUK Stock is a Buy.
‘Priced to perfection’: Hong Kong goes all out with $6bn green jumbo
The deal priced on Wednesday was Hong Kong’s second jumbo green bond of the year — the first being a similar triple-currency deal in January — and its third overall in 2023, if its debut HK$800m ...
Hong Kong privacy watchdog warns data management firm over possible exposure of credit histories of 180,000 people
Privacy Commissioner Ada Chung says Softmedia Technology Company allowed money lenders access to database for as little as HK$2.
Medifast pulls out of Hong Kong, Singapore to free up capital for future growth
Medifast is exiting two markets in the Asia-Pacific and planning to instead devote those resources to new areas of growth, including going after the Hispanic market.
Chinese EV maker Hozon weighs June filing for US$1 billion Hong Kong IPO, sources say
Hozon New Energy, which manufactures affordable electric vehicles, has plans for a US$1 billion IPO in Hong Kong at a time when the sector is witnessing a brutal price war and intense competition ...
Hong Kong stocks decline for second session as Nikkei 225 increases
Stocks in the Asia-Pacific region mostly grew Thursday, June 1, with the Hong Kong market declining for the second session. Hong Kong's Hang Seng ...
Asia-Pacific family offices continue ‘strategic shift’, to increase equities and developed-market fixed-income asset allocations: UBS
Family offices in the region will increase their allocations to equities and developed-market fixed-income assets over the next five years, with most interested in medical and health-related ...
Hong Kong raises record US$6 billion from green bond offering as city pushes ahead with its sustainable financing hub ambitions
Hong Kong raised a record US$6 billion in its biggest multicurrency green bond offering, as the government looks to establish the city as a leading international green financing hub.
Hong Kong launches retail-friendly rules for crypto exchanges
Hong Kong opened its arms to the virtual asset world on Thursday, launching new retail-friendly rules for the city's crypto exchanges. The regulatory regime launched Thursday means that after a ...
China AI startup MiniMax raising over $338m from Tencent-backed entity, others: Sources
BEIJING/HONG KONG - Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than US$250 million (S$338 ...
China AI start-up MiniMax raising over US$250 million from Tencent-backed entity: Sources
Chinese start-up MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than US$250 million that will value it at about ...
Hong Kong mortgage loans down 21.2% in April
The number of mortgage applications also dropped by 27.6% to 8,368 applications. Mortgage loans approved by Hong Kong lenders decreased 21.2% in April, as the number of applications also dwindled, ...
Chinese EV Maker Hozon Weighs June Filing for $1 Billion Hong Kong IPO, Sources Say
Hozon New Energy Automobile Co., a company making affordable electric vehicles in China, is considering filing for its $1 billion Hong Kong initial public offering as soon as this month, according to ...
China AI startup MiniMax raising over $250 mln from Tencent-backed entity, others – sources
Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than $250 million that will value it at about $1.2 ...