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Posted on 17/02/2023

Indonesia’s J&T Express Aims For Hong Kong IPO, Might Raise $2 Billion

J&T Express, an Indonesian delivery company, plans to go public in Hong Kong in the second half of this year with an initial offering that could aim to raise up to $2 billion, Reuters reported on ...

Posted on 17/02/2023

Hong Kong banks post 19.3 per cent rise in 2022 profit on better interest margins, ending three-year slide: HKMA

Hong Kong banks' net interest margins widened to 1.31 per cent in 2022, compared with 0.98 per cent in 2021 and 1.18 per cent in 2020 While deposits in the banking system rose 1.7 per cent in 2022, ...

Posted on 17/02/2023

StanChart’s CEO Says Hong Kong’s Dollar Peg ‘Well Supported’

Standard Chartered Plc’s chief executive officer said capital inflows into Hong Kong and China means the Hong Kong dollar peg is “extremely well supported.” ...

Posted on 17/02/2023

Hong Kong pharmacies prepare to slash mask prices ahead of mandate’s possible lifting, while customers reduce purchases in anticipation

Prices may halve once requirement scrapped, according to Hong Kong General Chamber of Pharmacy vice-chairman Cheung Tak-wing.

Posted on 17/02/2023

Hong Kong’s January Visitors Plunge 93% From Pre-Pandemic Level

The number of tourists arriving in Hong Kong in January was 93% less than pre-pandemic levels as the final weeks of Covid travel restrictions kept away many visitors from mainland China, the city’s ...

Posted on 17/02/2023

China, Hong Kong stocks fall as strong U.S. data clouds China’s recovery outlook

China and Hong Kong stocks fell on Friday, weighed down by some tech stocks, as upbeat U.S. economic data revived market concerns that China's central bank might delay more easing measures to support ...

Posted on 17/02/2023

Missing China bank boss is the wrong big deal

The disappearance of Bao Fan is a chilling dampener on the reopening of the world's second largest economy. China Renaissance’s revelation that it is unable to contact the man who is its founder, ...

Posted on 17/02/2023

Hong Kong declares it is ‘back in business’ but fears remain

After four years of political upheaval and border closures, Hong Kong hopes to revive its reputation as a regional financial and tourist hub.

Posted on 17/02/2023

Chinese Tech Billionaire Goes Missing: Company

The Chinese billionaire chairman of investment bank China Renaissance has gone missing, the firm said, as shares in the company plunged in Hong Kong on Friday.

Posted on 17/02/2023

Hong Kong declares its ‘back in business’ but fears remain

After four years of political upheaval and border closures, Hong Kong hopes to revive its reputation as a regional financial and tourist hub.

Posted on 17/02/2023

Hong Kong stocks set for 3rd weekly loss amid souring US-China ties as Lenovo and Sands test corporate earnings recovery

Local stocks weaken as souring US-China relations hurt appetite for riskier assets. Lenovo and Sands China will test the China recovery story as they report earnings later today.

Posted on 17/02/2023

Hong Kong issues 800M HKD in tokenized green bonds

The government of Hong Kong announced on Feb. 16 that it had issued 800 million Hong Kong dollars (roughly $100 million) in tokenized green bonds under its Green Bond Programme. The bonds were ...

Posted on 17/02/2023

Hong Kong offers 500,000 free round-trip tickets to boost tourism — and Canadians have a chance to get in

Hong Kong is hoping to attract tourists back following a rough few years of the pandemic. The international travel hub has launched an ambitious campaign to help woo people from around the globe, ...

Posted on 17/02/2023

CityLab Daily: Hong Kong’s Temporary Fix to Its Housing Crisis

Biden administration defies own playbook on homelessness, and Las Vegas-style casino resorts could be coming to Texas.

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