Investment banking majors Citigroup and China’s CICC and CLSA are sponsoring a new IPO by QuantaSing to raise up to $44 million.
HK’s livi bank launch QR payment option
From now until 31 March, customers can earn rewards up to HK$500 per month. Hong Kong’s livi bank has introduced a QR payments option tied to UnionPay that will enable its customers to pay at over 29 ...
Nomura cuts 18 Asia banking jobs as dealmaking slows -sources
Nomura Holdings Inc has cut 18 Asian banking jobs, most of them China-focused investment roles, after a sharp slowdown in dealmaking activity, according to two sources with direct knowledge of the ...
Australian justice appointed to Hong Kong court argues foreign judges shouldn’t ‘vacate the field’
Exclusive: Some legal figures have raised concerns about message his appointment sends in light of Beijing’s crackdown on freedom in Hong Kong ...
China’s reopening will boost Hong Kong markets despite weak GDP print, HKEX chairman says
Hong Kong markets are set to benefit from the reopening of the Chinese economy, despite Beijing's disappointing annual GDP growth rate in 2022, according to HKEX Chairman Laura Cha.
Hong Kong’s Article 23 security law to be passed ‘hopefully by this year’, city leader says, while revealing aim to also lift all Covid rules including mask mandate
Chief executive says in newspaper interview new legislation is being drafted that will act like 'firewall' under a 'preventive' system to fend off foreign proxies He also indicates aim to lift all ...
Beauty Farm IPO Soars By 53% On Hopes China Spending Poised To Recover
Beauty Farm gained 53.5% to HK$29.65, or $3.80, yesterday compared with its IPO price of HK$19.32. The company raised HK$387.2 million in its initial offering, most of which will be used to upgrade ...
Hong Kong’s IPO Market Is Poised For A Revival
After a bleak first half of 2022, Hong Kong’s IPO market regained momentum in the second half of the year. Refinitiv data show that 75 listings raised US$12.69 billion. To be sure, it was a weaker ...
Shoppers turn out for Hong Kong’s first Lunar New Year flower market since border reopening but no budding sales mood among vendors
Visitors to Lunar New Year Fair at Victoria Park include shoppers travelling from mainland China to Hong Kong following nationwide rollback of Covid-19 policies ...
Hong Kong Judge Defends Judiciary Amid Fears of Ebbing Independence
Hong Kong's top judge defended the independence of the judiciary in the Chinese-ruled territory amid international and local criticism of deteriorating legal freedoms since a national security law was ...
Road rage captured on video leads to arrest of fugitive — with help from Hong Kong’s “most educated minibus driver”
It shows the man getting out of the sports car and shouting profanities at the driver while claiming to be a triad member — part of an organized crime group — which is a crime in Hong Kong. He bashes ...
Hong Kong Hang Seng ends at 6-month high
However, market gains were capped as profit taking, with eyes now on the release of the country's growth data later in the week.
E-PowerSpot Shakes Up Hong Kong’s Power Bank Sharing Market with Innovative Partnership Program
PowerSpot, a promising enterprise in the shared power bank industry, is rapidly gaining market share across Hong Kong with its innovative partnership program and attractive benefits for partnering ...
China, HK stocks rise on strong foreign inflows amid signs COVID peaked
China stocks jumped to a four-month high on Monday, aided by strong foreign inflows, while Hong Kong shares edged up as investors doubled down their bets on economic recovery after Chinese health ...