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Posted on 23/11/2022

6 Apple Daily execs plead guilty to charges under Hong Kong law aimed at silencing opposition

Six former executives of a now-defunct Hong Kong pro-democracy newspaper on Tuesday pleaded guilty to a collusion charge under the National Security Law that has silenced and jailed most opposition ...

Posted on 23/11/2022

Sunshine Insurance Wins HKEX Approval for $1 Billion IPO

Private Chinese insurer Sunshine Insurance Group Co. passed a hearing for an initial public offering on the Hong Kong Stock Exchange, the HKEX said Monday. The Beijing-based company won approval from ...

Posted on 23/11/2022

Hong Kong’s Quantifeed Near Deal for UK Fintech Alpima, Sources Say

Quantifeed, a Hong Kong-based fintech firm backed by HSBC Holdings Plc’s asset management arm, has acquired UK peer Alpima in a move that boosts its global footprint and product offerings.

Posted on 22/11/2022

China’s Top Nickel Trader Mines for $600 Million in Hong Kong IPO

China’s leading nickel trader Lygend Resources & Technology Co. Ltd. has kicked off its Hong Kong IPO and is aiming to raise up to HK$4.64 billion ($594 million) in fresh capital. Lygend is one of a ...

Posted on 22/11/2022

Exclusive: China set to fine Ant Group over $1 billion, signalling revamp nears end-sources

HONG KONG, Nov 22 (Reuters) - Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma's Ant Group, said six sources with direct knowledge of the matter, setting the stage ...

Posted on 22/11/2022

The 12Th Asian Logistics, Maritime And Aviation Conference Opens

DHL Express (Hong Kong), Fox Chu, Partner of McKinsey, John Parkes, Managing Director - Integrated Logistics of Kerry Logistics and Graziano Terenzi, CEO of Inglobe Technologies, will discuss the ...

Posted on 22/11/2022

Citibank expects Hong Kong property prices to fall another 10 per cent, bottom out in second quarter of 2023

Hong Kong property prices are expected to bottom out in the second quarter of next year at the earliest, following an estimated drop of 20 per cent from a record high posted in 2021, Citibank said on ...

Posted on 22/11/2022

Hong Kong: City on Fire review – shocking violence in China’s city of dissent

A new and deeply moving documentary underscores the high price that Hong Kong’s young have paid for their social justice activism ...

Posted on 22/11/2022

Hong Kong wealth management start-up Quantifeed buys UK fintech firm to create platform to manage US$20bn of assets

Quantifeed, a Hong Kong wealth management start-up backed by HSBC and Franklin Templeton, said it has bought Alpima, a London-based portfolio construction fintech company. The deal will create a ...

Posted on 22/11/2022

Hong Kong stocks lead losses as China Covid cases rise; Asia markets mixed

Hong Kong’s Hang Seng index fell 1.16% in the final hour of trade, with the Hang Seng Tech index down 3.15% as Covid cases in China continue to grow. In mainland China, the Shanghai Composite rose ...

Posted on 22/11/2022

Hong Kong stocks fall for 5th straight day as COVID prompt profit-taking; China markets steady

The Hang Seng index dropped 1.3%, while the Hong Kong China Enterprises Index lost 1.7%. ** Both the CSI300 index and the Shanghai Composite Index were roughly flat. ** "Previously, Hong Kong stocks ...

Posted on 22/11/2022

Hong Kong believes stablecoin volatility can spillover to traditional finance

The study also the crash of Terra USD (UST), an algorithmic stablecoin issued by Terraform Labs, which had caused mass redemption of Tether (USDT).

Posted on 22/11/2022

Six former staff of Hong Kong newspaper plead guilty to conspiracy to collude

HONG KONG, Nov 22 (Reuters) - Six former members of staff at Hong Kong's defunct pro-democracy newspaper Apple Daily pleaded guilty on Tuesday to conspiracy to commit collusion with foreign forces in ...

Posted on 22/11/2022

Chinese exchanges say COVID testing firms to face strict IPO checks

Chinese stock exchanges said they will strictly vet listing applications from COVID-19 testing companies, in response to media reports voicing concerns over fundraising plans by beneficiaries of the ...

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