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Posted on 08/09/2022

Battery Maker CALB Wins Nod for $2 Billion Hong Kong IPO

CALB Co., a Chinese battery supplier for electric vehicle makers, has received approval from the Hong Kong stock exchange for an initial public offering, according to people familiar with the matter. ( read original story ...)

Posted on 08/09/2022

Hong Kong should turn to culture to compete against New York and London, says senior mainland official

Cultural development will boost city’s pursuit of financial and innovative goals, according to deputy director of Beijing’s liaison office. ( read original story ...)

Posted on 08/09/2022

Global shares rise as investors watch for central bank moves

Global stock benchmarks mostly rose Thursday as investors closely watched a European central bank meeting and sought to juggle concerns about inflation and recession. France's CAC 40 rose 0.1% to ... ( read original story ...)

Posted on 08/09/2022

Hong Kong lawmakers, brokers support bill paving the way for mainland Chinese investors to trade yuan-denominated stocks in city

Financial Secretary Paul Chan disclosed the plan to introduce a 'one stock, two currencies' option in his blog last weekend The daily turnover on the southbound link of the Stock Connect averaged US$5 ... ( read original story ...)

Posted on 08/09/2022

From NYSE to Hong Kong Stock Exchange, these are the top 5 equity markets globally

Equity investments are some of the most popular and oldest forms of investment in the world. The Dutch East India Co. was the first company to offer the public equity shares of its business, ... ( read original story ...)

Posted on 08/09/2022

Hong Kong developer Chinachem buys TikTok’s London office for US$182 million

Acquisition of Kaleidoscope from London-listed Helical marks privately held Hong Kong company's first overseas venture Chinachem will continue to seek opportunities in 'other major developed markets', ... ( read original story ...)

Posted on 08/09/2022

Hong Kong stock market outranks US peers as top bet, HKIFA survey shows

... Cha Shih May-lung on Wednesday said that opportunities in the Greater Bay Area can help Hong Kong to beat Singapore. Separately, Secretary for Financial Services and the Treasury Christopher Hui ... ( read original story ...)

Posted on 08/09/2022

Five Hong Kong speech therapists convicted of sedition over children’s books about wolves and sheep

Five speech therapists in Hong Kong were found guilty of a conspiracy to publish seditious children's books on Wednesday, in a case that rights defenders say marks a major blow to free speech amid a ... ( read original story ...)

Posted on 08/09/2022

Tencent-Backed Weilong Weighs Hong Kong IPO Launch Next Month

Chinese snack maker Weilong Delicious Global Holdings Ltd. is weighing kicking off its long-awaited Hong Kong initial public offering, which could raise about $500 million, as soon as October, ... ( read original story ...)

Posted on 08/09/2022

Principal Weighs Selling Hong Kong Pension Business, Sources Say

Principal Financial Group Inc. is considering selling its pension fund business in Hong Kong, people familiar with the matter said, a move that would help the US financial services firm streamline its ... ( read original story ...)

Posted on 08/09/2022

Tencent Stake Worth $7.6 Billion Appears in Hong Kong Clearing System

Tencent Holdings Ltd. shares worth $7.6 billion appeared in Hong Kong’s clearing and settlement system, spurring speculation that a large stakeholder is gearing up to offload more shares. Most Read ... ( read original story ...)

Posted on 08/09/2022

Hong Kong Bourse Poised To Halt Losing Streak

The Hong Kong stock market has moved lower in five straight sessions, tumbling more than 900 points or 4.5 percent along the way. The ... ( read original story ...)

Posted on 08/09/2022

Head of Hong Kong Journalists Group Arrested While Reporting

The leader of Hong Kong’s largest journalists group was arrested on allegations of obstructing police, in the latest case to fan concerns about press freedom in the city. Most Read from ... ( read original story ...)

Posted on 08/09/2022

Hong Kong therapists convicted of sedition over children’s books

Books depicted sheep fleeing from invading wolves, which judge found aimed to incite hatred against China ... ( read original story ...)

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