It capped the biggest first-day decline on record for a listing of that size or bigger in the city. IPO proceeds in Hong Kong are down nearly 75% for the year, and half of the 18 companies that listed ... ( read original story ...)
Battery Maker CALB Falls in Hong Kong Debut
By Yifan Wang Chinese electric-vehicle battery maker CALB Co. fell in its Hong Kong trading debut, becoming the latest newly listed company in the ... ( read original story ...)
Credit Suisse sees another departure as Hong Kong-based managing director leaves for HSBC
Credit Suisse has become a poaching ground for rivals recently, with the bank struggling to contain the fallout of a series of scandals Read more at straitstimes.com. ( read original story ...)
China’s CALB shares open flat in Hong Kong listing debut
HONG KONG (Reuters) -Chinese lithium battery maker CALB Co's shares opened in line with their HK$38 apiece issue price in the company's Hong Kong Stock Exchange debut on Thursday. Load Error The ... ( read original story ...)
Hong Kong home prices could nosedive 30 per cent through 2023 as interest rates repel buyers, Goldman Sachs forecasts
The Hong Kong Monetary Authority (HKMA) has lifted its base interest rate five times this year to 3.5 per cent, a 14-year high, in lockstep with the US Federal Reserve. Commercial banks including HSBC ... ( read original story ...)
Taiwan blocks Hong Kong immigrants over KPMG China and Cathay Pacific links
Taiwan authorities have cited working for the China arm of Big Four audit firm KPMG and for airline Cathay Pacific as reasons to reject immigration applications from Hong Kong residents, amid a ... ( read original story ...)
Nick ‘Honey Badger’ Cummins accused of endorsing human rights abuses in Hong Kong
Billboards in Sydney and Melbourne have also been plastered in ads from the Hong Kong government declaring a “new era” of “stability, prosperity and opportunity” for the global financial hub. The ... ( read original story ...)
U.S. lawmakers slam U.S. corporate executives’ Hong Kong trip plans
Load Error At issue: the Hong Kong Monetary Authority’s Global Financial Leaders’ Investment Summit in November, where senior executives from financial institutions including JPMorgan Chase, Citigroup ... ( read original story ...)
Credit Suisse’s Hong Kong Bankers Deserve Some Love
Drastic options are on the table, including a large-scale investment banking retreat, a sale of its securitized products business — and, of course — a lot of layoffs to cut costs. In Hong Kong, one of ... ( read original story ...)
China’s space recruitment drive: One small step for Hong Kong, one giant leap for the economy?
That China's space programme will launch a recruitment drive in Hong Kong can inspire society, including its academic, business and technology elites, to prioritise STEM education With government ... ( read original story ...)
Bipartisan group of senators condemns China’s prosecution of Hong Kong Cardinal Joseph Zen
A bipartisan group of senators has introduced a resolution to condemn the Chinese government’s crackdown in Hong Kong and its prosecution of outspoken Catholic Cardinal Joseph Zen. ( read original story ...)
CityLab Daily: Hong Kong Clash Pits Housing vs. Birds
How to solve the great urban restroom shortage, and Michigan lures a $1.6 billion battery factory in the fight for EV jobs. ( read original story ...)
Hong Kong shares soar 5%, leading Asian market gains
The Hang Seng in Hong Kong rose 5.3% to 17,988.86, catching up with gains elsewhere as markets reopened following a holiday Tuesday. Markets in mainland China remained closed for a holiday. Japan's ... ( read original story ...)
Hong Kong residential sales hit 4,137 units in August
NOVO LAND Phase 1B in Tuen Mun was oversubscribed by about 48 times. According to a Knight Frank report, Hong Kong home prices remained under pressure in August. The overall home price index dropped 1 ... ( read original story ...)