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Posted on 09/12/2022

Chinese insurer is set to be Hong Kong’s last big debut of 2022

China’s Sunshine Insurance Group Co. declined in its trading debut after Hong Kong’s fourth-largest deal this year, potentially the last big listing in the Asian hub before the end of 2022.Shares of ...

Posted on 09/12/2022

Additional Support Anticipated For Hong Kong Stock Market

(RTTNews) - The Hong Kong stock market on Thursday snapped the two-day losing streak in which it had plunged more than 700 points or 3.9 percent. The Hang Seng Index now sits just above the ...

Posted on 09/12/2022

Student departures during academic year ease at some elite Hong Kong schools, but 10 per cent rate persists amid ongoing emigration wave

Eight prominent subsidised schools reviewed by the Post saw record-high exit rates over the past three academic years 'Most of the parents eager to emigrate may have already left', according to Dion Chen,

Posted on 09/12/2022

Hong Kong stocks start with further gains

Hong Kong stocks opened slightly higher on Friday morning, building on the previous day's surge and following a healthy lead from Wall Street as

Posted on 09/12/2022

Hong Kong lawmaker accused of sexist remark at insurance forum

Insurance sector legislator and Hong Kong Executive Council member Chan Kin-por (pictured above) has been criticised for making an allegedly sexist remark at the Asia Insurance Forum on Dec. 5. Chan, ...

Posted on 09/12/2022

Hong Kong is set to regain top-three IPO ranking in 2022, says KPMG China

The top two rankings are taken by the Shanghai Stock Exchange and Shenzhen Stock Exchange, and the A-share market is the key driver for the global IPO market in 2022, accounting for nearly half of ...

Posted on 09/12/2022

Register Hong Kong permanent residents to vote by default and allow those living in mainland China to cast ballots, pro-Beijing party says

Bid to ramp up voter numbers after lowest-ever turnout, 30.2 per cent, was recorded for directly elected seats in the Legislative Council elections last year But 'no use' boosting voter numbers, Democratic Party chairman Lo Kin-hei says,

Posted on 09/12/2022

Hong Kong Internet Rally Goes Free Solo On The Wall Of Worry

Asian equities were mixed/mainly lower, as Hong Kong outperformed significantly, India managed a small gain, and the Philippines closed for the Feast of the Immaculate Conception.

Posted on 08/12/2022

Hong Kong Amends Finance Law to Incorporate Crypto Firms

Virtual asset service providers will be covered by terror financing and anti-money laundering rules as of June 2023.

Posted on 08/12/2022

Hong Kong’s virtual asset licensing regime to take effect next June

Meanwhile, Hong Kong-based asset management company Pando Finance launched two virtual assets ETFs on Thursday, South China Morning Post reported.

Posted on 08/12/2022

Hong Kong Monetary Authority orders probe into credit card fraud surge as victims with Standard Chartered vent frustration on social media

Angry users flood Standard Chartered's Facebook page with complaints about allegedly unauthorised transactions in foreign currencies Hong Kong's de facto central bank demands local lender take ...

Posted on 08/12/2022

Bad news for Hong Kong currency short-sellers as Barclays sees peg status quo while yuan shortcomings hinder repeg

Hong Kong is unlikely to abandon its US dollar peg, or to repeg to the yuan, as either move would threaten stability and the Chinese currency fails to meet conditions set by the monetary authority, ...

Posted on 08/12/2022

Hong Kong Government Eases COVID Quarantine and Testing Regime After Beijing Moves

A child wearing personal protective equipment (PPE) has his swab sample taken for nucleic acid test at the Hong Kong-Zhuhai-Macao Bridge Hong Kong Port, amid the coronavirus disease (COVID-19) ...

Posted on 08/12/2022

Hong Kong stocks rally as investors eye plans to ease Covid curbs

Hong Kong stocks shot higher on Thursday, reversing a steep fall in the previous trading session as the territory followed China in easing some Covid-19 restrictions. The Hang Seng index gained 3.4 ...

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