HONG KONG, Sept. 21 (Xinhua) -- Hong Kong's Securities and Futures Commission (SFC) on Friday announced its strategic framework to contribute to the development of green finance in Hong Kong. A priori... ( read original story ...)
Hong Kong Dollar Jumps Most Since 2003 as Liquidity Tightens
Thanks to the currency peg, Hong Kong has little choice but to import U.S. monetary policy. Years of ultra low borrowing costs in the wake of the global financial crisis has helped fueled a housing bu... ( read original story ...)
Hong Kong Consumer Confidence Maintains Strong Amid Economic Uncertainties
HONG KONG, Sept. 21, 2018 /PRNewswire/ -- Hong Kong continues to present strong growth opportunities for consumer-centric businesses despite a moderate drop in the consumer confidence index from ... ( read original story ...)
Hongkongers may soon be able to open mainland China bank accounts remotely
Hong Kong residents may soon be able to open mainland bank accounts remotely, following in-depth talks between financial authorities on both sides of the border. “It would make their lives easier if t... ( read original story ...)
Hong Kong Dollar Jumps Most Since 2016 as Borrowing Costs Rise
Lenders haven’t raised the prime rate, which affects the costs of mortgages, since 2006 but the chance of a hike is increasing, especially with the Federal Reserve expected to lift rates next week. “T... ( read original story ...)
Meituan launch brightens Hong Kong’s IPO outlook
Meituan Dianping's IPO got off to a strong start in Hong Kong on Thursday, valuing the Chinese ''everything app'' firm at about $55 billion and sending positive signs to companies lining up to list in ... ( read original story ...)
Breakingviews – Meituan IPO shows how to tempt investor appetites
HONG KONG (Reuters Breakingviews ... The pair raised a combined $11.6 billion, after pricing at the bottom of the marketed ranges. Indeed, Xiaomi’s IPO valuation was nearly half the mooted $100 billio... ( read original story ...)
Downbeat stock market dampens retail enthusiasm for Meituan Dianping’s US$4.2 billion IPO in Hong Kong
Retail investors have given a lukewarm response to Chinese food delivery service firm Meituan Dianping’s US$4.2 billion IPO, with the public tranche 1.5 times subscribed, fairing little better than Ch... ( read original story ...)
39-Year-Old Founder’s Wealth Jumps to $5.3 Billion After IPO
Meituan shares closed at HK$72.35 on Thursday, 5.3 percent above the HK$69 price of the IPO. After Hong Kong’s second-biggest technology listing of the year, the unprofitable company has a market valu... ( read original story ...)
Meituan Dianping rises on Hong Kong debut after US$4.2 billion IPO, pushes co-founder’s net worth to US$5.3 billion
China food delivery service platform Meituan Dianping closed up 5 per cent on its trading debut on Thursday, pushing co-founder Wang Xing’s net worth up to US$5.3 billion. The company’s market cap rea... ( read original story ...)
Skadden-Led Meituan Debuts After $4.2B Hong Kong IPO
Law360 (September 20, 2018, 6:36 PM EDT) -- Chinese online services platform Meituan Dianping’s shares rose in debut trading Thursday following completion of the company’s $4.2 billion initial public ... ( read original story ...)
Tencent-backed Meituan climbs 5 percent on debut, brightens outlook for HK IPOs
The stock’s performance is being seen as a test of investor appetite for Hong Kong listings against a backdrop of weak markets and multi-billion dollar initial public offerings (IPOs ... ( read original story ...)
Speech by CE at 2018 Hong Kong Green Finance Forum and Launch of the Hong Kong Green Finance Association (English only) (with photos/video)
Following is the speech by the Chief Executive, Mrs Carrie Lam, at the 2018 Hong Kong Green Finance Forum and Launch of the Hong Kong Green Finance Association today (September 21): Deputy Director Qi... ( read original story ...)
CannaTech: Hong Kong’s first ever cannabis investor symposium
Hong Kong’s first-ever Cannabis Investor Symposium ... is the fastest growing market in the world and the legal cannabis business is expected to generate $57 billion globally by 2027 as ... ( read original story ...)