Alibaba shares fell after US regulators added the stock to a growing list of Chinese firms that might be kicked off Wall Street if US auditors can't inspect their financial statements. ( read original story ...)
Hong Kong slips into recession as economy shrinks by 1.4 per cent in second quarter
Hong Kong records a contraction in gross domestic product for a second consecutive quarter, meaning the city has fallen into an economic recession Analysts say Hong Kong's economy is likely to face ... ( read original story ...)
Country Style Cooking Refiles for Hong Kong IPO
By Claire Lim Chinese fast-food restaurant operator Country Style Cooking Restaurant Chain Holding Ltd. has updated its plans for a stock offering in ... ( read original story ...)
HSBC promises higher dividends to appease Hong Kong shareholders
HSBC has sought to defuse shareholder pressure to break up by lifting its profits forecast and promising to boost its shareholder payouts. The Asia-focused len ... ( read original story ...)
HSBC pushes back against calls to spin-off its Asian business
HSBC is headquartered in the UK but makes around two-thirds of its profits in Asia - and some big investors in that part of the world say they would do better if the bank's Asian business was separate ... ( read original story ...)
HSBC Shares Jump After Profit Rise and Vow to Restore Dividends
HSBC Holdings Plc shares rose after it delivered better-than-estimated profits and pledged to return to paying quarterly dividends next year as it seeks to head off a call by its largest shareholder ... ( read original story ...)
Hong Kong shares start week with small gain
Hong Kong stocks finished Monday slightly higher after three days of losses, boosted by bargain-buying and a rally in banking giant HSBC, though ... ( read original story ...)
HSBC rebuffs Ping An call for break-up, arguing it would be costly
HSBC pushed back on a proposal by top shareholder Ping An Insurance Group Co of China to split the lender, a move Europe's biggest bank said would be costly, while posting profit that beat ... ( read original story ...)
HSBC raises key profitability goal, seeking to rebuff Ping An call for break-up
HSBC sought to woo investors on Monday with a higher profitability target and bullish dividend outlook, as Europe's biggest bank pushed back on a proposal by top shareholder Ping ... ( read original story ...)
Hang Seng Bank attributable profit drops 46% YoY to HK$4.7b in H1 2022
External factors such as the fifth wave of the pandemic affected the financial result. Hang Seng Bank posted a 46% year-on-year (YoY) decline in attributable profit to HK$4.7b due to effects brought ... ( read original story ...)
Alibaba says will work to keep trading in U.S., Hong Kong after being added to SEC delisting risk list
The statement came after Alibaba was added to the SEC's list of Chinese companies at risk of being delisted for not meeting auditing requirements on Friday. ( read original story ...)
Head to Head Comparison: Hongkong Land (OTCMKTS:HNGKY) versus Alset EHome International (NASDAQ:AEI)
Hongkong Land (OTCMKTS:HNGKY – Get Rating) and Alset EHome International (NASDAQ:AEI – Get Rating) are both finance companies, but which is the better investment? We will contrast the two businesses ... ( read original story ...)
Unit Of Chinese Property Giant Evergrande Ordered To Pay $1.1 Billion
A unit of embattled Chinese developer Evergrande has failed to repay its loans and must pay a guarantor $1.1 billion, the company said in a Hong Kong stock exchange filing. ( read original story ...)
Alibaba, HSBC, China manufacturing shock push Hang Seng Index towards sub-20,000 level for first time in two months
US market regulator put Alibaba on a watch list for delisting on Friday, the highest profile Chinese company yet, over ongoing audit inspection issues Chinese manufacturing unexpectedly contracted in ... ( read original story ...)