Hong Kong’s stock market used to be the world’s top equity fundraising venue. Not anymore: In the number one spot as recently as 2019, it didn’t even break the top five in 2023 according to Dealogic.
Hong Kong lawmakers urge authorities to boost overseas confidence in city as they review budget
Lawmakers have urged the government to increase overseas confidence in Hong Kong in response to “smears” from foreign critics, as well as calling for it to step up explanation efforts for the city’s ...
Hong Kong’s Hang Seng hits 2024 high as traders warm to ‘un-investable’ China stocks
Hong Kong’s Hang Seng index jumped 2.2% Wednesday, to close at its highest since late November as a rebound in China-related stocks picked up steam. Hong Kong’s benchmark index which includes the ...
Hong Kong aims to become a digital asset hub
Hong Kong is now jumping on the cryptocurrency bandwagon and will list several cryptocurrency exchange-traded funds (ETFs ) based on the more successful attempts in the US. Hong Kong will pursue ...
Fraudsters offer to pay big for second-hand clothing in latest ruse to scam Hong Kong residents out of money
Criminals create deceptive webpages advertising lucrative offers for doorstep collection of used clothing, but to make booking, residents must install malicious app that gathers personal data, police ...
Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head
Chinese brokerage Haitong Securities removed Lin Yong from chief executive of its Hong Kong-based offshore unit, according to an internal memo and a company source with knowledge of the matter.
Hong Kong investment bankers risk losing jobs as banks cut costs: report
An estimated 200 Hong Kong bankers reportedly lost their jobs in the past year, Bloomberg Intelligence senior analyst Francis Chan wrote in a report. ALSO READ: China investment banks report dismal ...
Past winner of Hong Kong tech competition deploys seafaring bots to tackle ocean pollution
The co-founder of Hong Kong-based marine tech start-up Clearbot, a past winner, says City I&T Grand Challenge funding enabled it to scale up.
Hong Kong bourse operator’s Q1 profit down 13% on weaker listings, trading
Hong Kong's bourse operator on Wednesday reported a narrower than expected 13% drop in first-quarter profit, as sluggish trading and muted listing activities weighed on its businesses.
Hong Kong stocks driven to two-week highs on earnings optimism as Ping An and HKEX advance
Ping An Insurance reported growth in its new-business values, a gauge of future profitability, which beat estimates in the first quarter Goldman Sachs and UBS have upgraded their assessment of Chinese ...
Hong Kong stock exchange operator HKEX sees profit slip 13 per cent as lower turnover, fewer listings weigh
Net profit for the January-to-March period came in at HK$2.97 billion (US$380 million), or HK$2.35 per share, which was better than a consensus estimate for a 14 per cent decline to HK$2.79 billion.
Hong Kong Stocks: Li Ning Shares Gain on Mixed Q1 Update
In major news on Hong Kong stocks, Li Ning Co. Limited (HK:2331) shares gained 5.71% on Tuesday, after the company released its Q1 update for ...
Indian authorities launch spices probe after Hong Kong, Singapore pull products from shelves over cancer-causing pesticide
Centre for Food Safety this month ordered four pre-packaged spice mix products from India to be recalled after it found the pesticide ethylene oxide in samples.
Private Credit Is Disrupting Hong Kong Bankers’ Cozy Lives
Does the city really need 197,800 financiers when deep-pocketed private credit is marching in and cutting out the intermediaries?