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Posted on 08/12/2021

Alibaba’s record 12 per cent rally lifts Hang Seng from 14-month low as China injects US$188 billion of liquidity

China's central bank announced a cut in banks' reserve-requirement ratio with effect from December 15, unleashing US$188 billion of liquidity into the system Alibaba Group soared 12 per cent, a record ... ( read original story ...)

Posted on 08/12/2021

Alibaba, Baidu And Nio Rival Li Auto Dip In Mixed Hong Kong Market; These Stocks Are Striking Gains

Baidu Inc. (NASDAQ: BIDU) and Li Auto Inc. (NASDAQ: LI) fell in Hong Kong on Wednesday, while Tencent Holdings Inc. ( read original story ...)

Posted on 08/12/2021

China stocks extend gains fuelled by monetary easing; Hong Kong slips

China stocks extended gains on Wednesday as the reserve requirement ratio cut kept investor sentiment buoyed, with consumer staples and chipmakers leading the rise. ( read original story ...)

Posted on 08/12/2021

IFF Roundtable: Building the Greater Bay Area as an International Financial Hub through Coordinated Development

International Finance Forum (IFF) 2021 co-organized a roundtable discussion with the Nansha Management Committee of China (Guangdong) Pilot Free Trade Zone, inviting 14 speakers to share their views ... ( read original story ...)

Posted on 08/12/2021

Maxim’s, Hong Kong start-up turning bread into beer, beer into Operation Santa Claus funding

Dubbed BOB, or Bottle of Bread, the beer is the brainchild of a group of University of Science and Technology students. ( read original story ...)

Posted on 08/12/2021

Chinese developer Kaisa halts trading in Hong Kong again as real estate concerns resurface

Trading in shares of Chinese real estate developer Kaisa was halted Wednesday for the second time in two months. ( read original story ...)

Posted on 08/12/2021

Chinese social media giant Weibo’s shares fall in Hong Kong debut

Social media giant Weibo has made its Hong Kong stock market debut as Chinese technology firms come under intense pressure at home and abroad. Weibo's shares fell by more than 6% in the first few ... ( read original story ...)

Posted on 08/12/2021

How will China’s new data security law affect Hong Kong IPOs?

The regulations have yet to be enacted but have definitely created ambiguities for companies looking to float in Hong Kong. ( read original story ...)

Posted on 08/12/2021

Shares of Chinese social media giant Weibo open 6% lower on the first day of trading in Hong Kong

This is the Chinese social media giant’s secondary listing where it raised approximately $385 million. Hong Kong-listed shares of Weibo opened 6% lower in their trading debut on Wednesday. Shares ... ( read original story ...)

Posted on 08/12/2021

Hong Kong Stock Market Has Solid Lead For Wednesday’s Trade

The Hong Kong stock market on Tuesday halted the two-day slide in which it had tumbled almost 440 points or 1.9 percent. The Hang ... ( read original story ...)

Posted on 08/12/2021

Over 40 Percent of Foreigners in Hong Kong Considering Leaving Amid COVID Restrictions

China's strict COVID-19 regulations and travel restrictions are causing decreasing desire to visit the country as visitors are required to quarantine up to 21 days upon their arrival. China has been ... ( read original story ...)

Posted on 08/12/2021

China’s QingCi Games Seeks $153 Million in Hong Kong IPO

Alibaba and Tencent-backed mobile game developer QingCi Games Inc. is seeking as much as HK$1.19 billion ($153 million) in a Hong Kong initial public offering (IPO). The Xiamen-based company plans to ... ( read original story ...)

Posted on 08/12/2021

Scaled-back $767M SenseTime IPO launches in Hong Kong

SenseTime intends to dedicate the majority of the funds raised to further research and development on its biometrics and other computer vision technologies. ( read original story ...)

Posted on 07/12/2021

SenseTime Group says will make debut in Hong Kong on Dec 17

Chinese artificial intelligence company SenseTime Group said in a filing on Tuesday it will make its debut at the Hong Kong Stock Exchange on December 17. The company aims to raise up to HK$5.985 ... ( read original story ...)

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