A little-known Hong Kong company has seen its stock market value soar in recent days, for no apparent reason.AMTD Digital made its New York debut two weeks ago, priced at $7.80 a share.This week, the ... ( read original story ...)
Coronavirus: Hong Kong civil service chief ‘encouraged’ by parents’ response on first day of lowered age threshold for Sinovac vaccine, with 150 bookings in first 30 …
Hong Kong’s civil service minister has said she is “encouraged” by the response from parents, with some 150 bookings made within the first half-hour of the launch of a scheme extending availability of ... ( read original story ...)
This little-known fintech has surged 21,000% since its July IPO
AMTD Digital, which provides loans and services to startups in exchange for fees, has generated only $25 million in revenue for the year ended April 2021 ... ( read original story ...)
Hong Kong’s Hang Seng lead gains in Asia; Alibaba rises around 4% ahead of earnings
Asia-Pacific shares traded higher on Thursday as investors move on from the tensions over U.S. House Speaker Nancy Pelosi's controversial visit to Taiwan. ( read original story ...)
What a Rugby Tournament Says About Hong Kong’s Fate as a Financial Center
The iconic sporting event resumes on Nov. 4-6, but Hong Kong more to do to regain its status as a global business hub ... ( read original story ...)
New Hong Kong chief among world’s highest-paid politicians
Hong Kong's new leader John Lee received a salary bump that would make him among the world's highest-paid politicians, according to figures provided by his office Wednesday, even as the financial ... ( read original story ...)
Hong Kong’s Hang Seng up 2% as tech stocks jump, Alibaba rises 5% ahead of earnings
Asia-Pacific shares traded higher on Thursday as investors move on from the tensions over U.S. House Speaker Nancy Pelosi's controversial visit to Taiwan. ( read original story ...)
Asymmetric federalism
The position of the Hong Kong dollar would be maintained. Even the lease of land would be valid after 1997 for 50 years with some stipulations. ( read original story ...)
Hong Kong Education Bureau explains why Hong Kong was ‘not a colony,’ after public left ‘confused’ by such comments
To say that Hong Kong was never a “colony” is not to deny the city’s history under British occupation, the Education Bureau (EDB) has said. Debates surrounding Hong Kong’s colonial past were sparked ... ( read original story ...)
AMTD Digital May Be The New ‘Perfect Meme Stock,’ Loses $70 Billion In Value In One Day After Rising Over 125%
Shares of AMTD Digital have been skyrocketing this week, rising more than 125% on Tuesday as trading was halted several times for volatility, though the stock fell back to earth somewhat on Wednesday, ... ( read original story ...)
Everyday investors push shares of Hong Kong company AMTD 32,000% higher just two weeks after its IPO – is this Gamestop 2.0?
AMTD Digital made its stock market debut just two months ago, reported $25m in revenue last year and has just 51 employees. ( read original story ...)
How a little-known stock soared 21,000% to overtake Costco
A little-known Hong Kong-based company appears to have become the latest obsession of traders on the popular Reddit forum WallStreetBets, helping its stock shoot up 21,000% since its IPO less than a ... ( read original story ...)
Hong Kong Internet High In Advance Of Alibaba’s Results As Caixin Services PMI Exceeds Expectations
Defense stocks and semiconductors were two of the best performing sub-sectors in both Hong Kong and China as investors exhaled after putting on some hedges. Hong Kong was led higher by internet stocks ... ( read original story ...)
HSBC executives face off with Hong Kong shareholders in charm offensive to fend off calls to split city’s largest bank
High on shareholders’ minds is whether the London-based bank should continue to straddle the gulf between the East and the West, and how it can navigate the geopolitical minefield in deteriorating ... ( read original story ...)