Kuaishou, Hong Kong’s hottest-ever retail stock offering, is set to hand investors a massive windfall based on pre-trading prices in the gray market, according to data published by local brokerages. ( read original story ...)
Hong Kong’s banks are having their worst time since 2008 as profits plunge while bad loans soar amid city’s recession
The dismal picture of shrinking earnings and rising debt among retail banks draws a stark contrast with Hong Kong’s booming stock market and the bull run in the property market, underscoring how the ... ( read original story ...)
Hong Kong banking regulator says business as usual, no fund outflows
Hong Kong is not seeing fund outflows following Beijing's imposition of a national security law in the Asian financial hub, a top ... ( read original story ...)
Canada says Hong Kong graduates can apply for work permits, slams China on rights
Supporters hold a rally in solidarity with Hong Kong protesters, in Vancouver, British Columbia, Canada September 29, 2019. REUTERS/Jennifer Gauthier/File Photo ... ( read original story ...)
UPDATE 1-Hong Kong banking regulator says business as usual, no fund outflows
Hong Kong is not seeing fund outflows following Beijing's imposition of a national security law in the Asian financial hub, a top executive at the city's banking regulator said on Thursday. ( read original story ...)
Hong Kong stocks get a lift from Alibaba upgrades while CNOOC, PetroChina bounce on higher crude prices
Hong Kong stocks are getting a lift from several upgrades in Alibaba Group’s price targets while oil companies jump with crude prices at more than one-year high. Cash may flow out as investors prepare ... ( read original story ...)
Kuaishou Surges 181% in Hong Kong Gray Market Trading
Kuaishou Technology surged in Hong Kong’s gray market trading, in a sign that one of the city’s biggest initial public offerings in years is off to a good start. The short-video startup, backed by ... ( read original story ...)
Hong Kong democrats nominated for Nobel peace prize
A bipartisan group of US politicians has nominated Hong Kong’s pro-democracy movement from 2019 for this year’s Nobel peace prize, a move that is certain to infuriate Beijing and further strain ... ( read original story ...)
Hunting Rats, Defending Democracy: Hong Kong’s Local Leaders Under Fire
District councilors typically tended to mundane matters like pest control and new bus stops. Now, they’re the last line of defense in keeping the city’s pro-democracy opposition alive. ( read original story ...)
Kuaishou’s Mega IPO by the Numbers, the Largest Listing Since Uber
Kuaishou Technology’s Hong Kong initial public offering is set to give the Chinese social video app maker its moment in the sun, even if its victory over rival ByteDance Ltd. ultimately proves to be ... ( read original story ...)
Hong Kong regulator says not seeing fund outflows over new security law
Hong Kong is not seeing fund outflows due to the uncertainty created by Beijing's imposition of the national security law in the Asian financial hub, a top executive at the city's banking sector ... ( read original story ...)
{I-bank focus}HSBC lifts China Gas (00384) to HK$36
ET Net News Agency, 4 February 2021] HSBC Global Research lifted its target price for China Gas Holdings (00384) to HK$36 from HK$35 and maintained its "buy" rating, given the growth trajectory of ... ( read original story ...)
Breakingviews – It’s time HSBC’s big bosses followed the money
Bankers know it pays to follow the money. Accordingly, HSBC could soon move some of its senior brass to Asia. There are good reasons for financial services giants to avoid putting global chiefs in ... ( read original story ...)
China stocks fall on fresh liquidity concerns, Hong Kong dragged by tech shares
China stocks fell on Thursday, dragged lower by fresh investor worries over signs of liquidity tension ahead of the upcoming Lunar New Year holiday, while Hong Kong was pulled by losses in tech shares ... ( read original story ...)