China's Sunshine Insurance launched on Wednesday a Hong Kong initial public offering (IPO) to raise up to $950 million in a deal that would be the second-largest new share sale in the city in 2022.
China, Hong Kong stocks mixed on COVID easing hopes, weakening PMI data
China stocks move higher in a choppy session on Wednesday, while Hong Kong shares were mixed, as investors clung to hopes that China will soon reopen its economy, despite rising COVID cases.
Sunshine Insurance Sets Terms for $948 Million IPO
Chinese insurer Sunshine Insurance Group Co. is seeking to raise as much as HK$7.4 billion ($950 million) in its Hong Kong initial public offering.Most Read from BloombergScientists Revive 48,500-Year ...
Profit Taking May Dent Hang Seng Shares On Wednesday
The Hong Kong stock market on Tuesday halted the two-day losing streak in which it had slumped more than 360 points or 2.1 percent.
HSBC is Bidding Farewell to its Canadian Customers
British bank HSBC used to bill itself as "the world's local bank," but the emphasis is increasingly on local and less on the world part ...
HK stocks dip at open ahead of Fed comments
Hong Kong shares opened slightly lower on Wednesday following the previous day's massive jump, with traders awaiting a key speech by Federal Reserve ...
Hong Kong Start-Up To Clean Up EV Battery Waste
Achelous, in collaboration with researchers at the University of Hong Kong, developed ion exchange methods for extracting and purifying terbium from rare-earth processing waste. Battery metals such as ...
‘This feels so much like Hong Kong’: territory’s solidarity with Chinese uprising
Veterans of Hong Kong’s 2019 protests see echoes in mainland’s anti-Covid anger, but fear a similar outcome ...
RBC Bets on Immigration in $10.1 Billion HSBC Canada Deal
Royal Bank of Canada seeks to shore up its domestic competition and tap into affluent international clientele with financial ties to the country.
Shareholders set to benefit as HSBC sells Canada unit
HSBC has agreed to sell its business in Canada to Royal Bank of Canada for $13.5 billion Canadian dollars (US$10.04 billion) in cash, paving the way ...
UK mortgage approvals tumble; markets rally as China boosts Covid-19 vaccinations for elderly – business live
The number of mortgages approved by lenders in Britain hits its lowest level since June 2020, as housing market slows ...
China’s zero-COVID lockdown protests drag on Chinese and Hong Kong stocks as unrest spooks investors
The eruption of COVID-19 lockdown protests in China are weighing on stocks in the mainland and in Hong Kong. Hong Kong's benchmark Hang Seng Index shed more than 4% at the open and closed 1.6% lower.
Hong Kong crypto exchange falls silent, fuelling shutdown fears
Atom Asset Exchange (AAX) prevented customer withdrawals on November 15, saying its capital position was under "acute pressure" after some investors asked for their money back ...
US futures rise and Hong Kong stocks jump 5% after China’s vaccination move boosts hopes for a zero-COVID pivot
After public unrest, China said Tuesday it would boost COVID vaccination rates of its elderly citizens, seen as a key step to reopening its economy.