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Posted on 04/04/2023

China urges U.S. to stop interfering in Hong Kong affairs: FM

China urges the US side to immediately stop issuing annual reports of Hong Kong and stop interfering in Hong Kong affairs and oth

Posted on 04/04/2023

HSBC forced to defend SVB UK deal to fractious Hong Kong shareholders

We’ll send you a myFT Daily Digest email rounding up the latest HSBC Holdings PLC news every morning. HSBC chair Mark Tucker has been forced to defend the purchase of Silicon Valley Bank’s UK business ...

Posted on 04/04/2023

Syngenta’s US$9.5 billion IPO in China remains in limbo after unexplained last-minute cancellation of listing meeting

The seed and agrichemical producer, controlled by China National Chemical Corp, has received no official explanation, nor any word on next steps, leaving traders to speculate about the reason behind ...

Posted on 04/04/2023

Hotpot ingredient supermarket considers US$500 million HK IPO, sources say

Co, a hotpot and barbecue ingredient supermarket chain, is considering a Hong Kong initial public offering that could raise US$300 million to US$500 million, according to people familiar with the ...

Posted on 04/04/2023

Lawmakers support Hong Kong plan to introduce safety net for policyholders faced with insurer collapse

Lawmakers showed their support for the Hong Kong government’s proposed compensation scheme aimed at protecting policyholders who would get up to HK$4 million (US$636,942) per policy in case an insurer ...

Posted on 03/04/2023

Hong Kong’s crypto comeback should make the U.S. uneasy

Hong Kong's pivot back to crypto comes as the U.S. risks overplaying its hand when it comes to global financial regulation.

Posted on 03/04/2023

HSBC’s top execs face tense shareholders calling for a breakup

At an informal shareholder meeting in Hong Kong, Chairman Mark Tucker and CEO Noel Quinn took questions from investors on issues ranging from how the bank was approaching demands for an overhaul of ...

Posted on 03/04/2023

HSBC versus Asian shareholders: Bank’s chiefs warn Hong Kong investors against ‘risky’ break-up

as it sought to quieten shareholders’ discontent about the bank’s business model. At a meeting of investors in Hong Kong, Reuters reported that HSBC chair Mark Tucker warned a restructuring or ...

Posted on 03/04/2023

China stocks rise as property, tech firms jump; Hong Kong flat

Property developers and technology firms lifted China stocks on Monday, while Hong Kong shares closed almost flat, after surprise output cuts by Saudi Arabia and other OPEC+ oil producers added to ...

Posted on 03/04/2023

Hong Kong’s ‘moneymaking genes’ help it trump charmless Frankfurt, LA and Singapore, says tycoon Ronnie Chan

While some international cities that are well-equipped with hotels and airports are "artificial" and "super boring", Hong Kong is also "full of charm", which makes it a favourable destination for ...

Posted on 03/04/2023

Hong Kong stocks retreat from three-week high as Micron probe heightens geopolitical risk

The investigation of Micron, the first ever into a foreign company by China’s internet regulator, may jeopardise a rally that drove the Hang Seng Index up by 3.1 per cent in the first quarter.

Posted on 03/04/2023

HSBC brushes aside Hong Kong investor’s Asia spin-off proposal

HONG KONG (Reuters) - HSBC Holdings PLC on Monday pushed aside a proposal by an activist shareholder in Hong Kong to spin off its mainstay Asia business, reiterating the adverse impact on the ...

Posted on 03/04/2023

Hong Kong Sevens 2023: Shield glory gives city’s men belief for their next steps

Home team lift silverware on final day before setting sights on the Challenger tournament through which they could qualify to play on this stage year-round.

Posted on 03/04/2023

Hotpot Ingredient Supermarket Considers $500 Million HK IPO, Sources Say

Guoquan Supply Chain (Shanghai) Co., a hotpot and barbecue ingredient supermarket chain, is considering a Hong Kong initial public offering that could raise $300 million to $500 million, according to ...

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