China Aviation Lithium Battery (CALB), the country's third-largest EV battery maker, priced the shares at the bottom of its marketed range The Hong Kong tranche, which was undersubscribed 0.21 times, ... ( read original story ...)
Centaline says Hong Kong property sales to plummet to 27-year low this year, as Covid-19 curbs, higher interest rates bite
Property transactions are expected to fall to historic lows this year, with the first half of the year affected by Covid-19 lockdowns and the second half hit by rising interest rates. ( read original story ...)
HSBC, Alibaba, BYD power Hong Kong stocks to best gain since March as markets temper US rate-hike bets
Stocks advance, catching up with an overnight rally in Asian markets. A weak US manufacturing report for September prompted traders to temper bets on Fed rate-hikes in 2023. ( read original story ...)
Hong Kong opens doors for financial cooperation with public, private sectors in Philippines
While it is a small city, Hong Kong is a force to be reckoned with in the global financial market. At present, it has already reached $4.6 trillion in assets under management (AUM) alone, Hong Kong’s ... ( read original story ...)
Hong Kong leader John Lee will unveil ‘bold measures’ in policy address to lure talent, investment, says finance chief Paul Chan
Financial Secretary Paul Chan also adamant high-powered banker summit will be held successfully next month But Chan remains pessimistic about the local economy, which he says is being affected by a ... ( read original story ...)
Hong Kong stocks track strong overseas markets, HSBC soars
Hong Kong stocks rose more than 5% on Wednesday, tracking gains in broader Asia as hopes grew that central banks globally could slow the pace of interest rate hikes amid signs previous policy ... ( read original story ...)
Hong Kong stocks lead Asia higher with 5% surge in catchup move to Wall Street; New Zealand hikes interest rates
Hong Kong’s share benchmark soared more than 5% on Wednesday as Asian shares tracked gains on Wall Street. New Zealand’s share benchmark rose 0.7% after its central bank hiked its benchmark interest ... ( read original story ...)
Hong Kong leader will unveil ‘bold measures’ in policy address to lure talent, investment, says finance chief Paul Chan
Financial Secretary Paul Chan also adamant high-power banker summit will be held successfully next month But Chan remains pessimistic about the local economy, which he says is being affected by a 'not ... ( read original story ...)
Hong Kong ‘Rick and Morty’ fans spot protest codes in new episode
Eagle-eyed Hong Kong fans of the adult cartoon sitcom "Rick and Morty" have spotted oblique references to the city's democracy movement in the latest episode of the cult sci-fi show. ( read original story ...)
Hong Kong set to regain global luxury shopping centre status: report
The city has eased restrictions for international tourists. The expected return of international tourism as inbound restrictions ease is expected to boost the luxury retail sector in Hong Kong as the ... ( read original story ...)
Features of the Hong Kong Airlines Restructuring Plan
Key Points Hong Kong Airlines (HKA) has announced that it is seeking to implement a restructuring of its aircraft lease obligations and other liabilities by court action in the UK and Hong Kong. ( read original story ...)
CALB to Raise Net Proceeds of About US$1.26 Billion From Hong Kong IPO
By Yifan Wang Chinese battery maker CALB Co. has priced its Hong Kong initial public offering at 38 Hong Kong dollars (US$4.84) a share, aiming to raise ... ( read original story ...)
Hong Kong Stocks Surge Most in Asia After Return From Holiday
Stocks in Hong Kong surged as trading in the financial hub resumed after a holiday, playing catch-up to the rally in global equities. Most Read from BloombergMusk Revives $44 Billion Twitter Bid, ... ( read original story ...)
Hong Kong Stock Market Overdue For Support On Wednesday
(RTTNews) - Ahead of Tuesday's holiday for National Day, the Hong Kong stock market had turned lower again - one session after snapping the two-day slide in which it had stumbled almost 700 points ... ( read original story ...)