China Tourism Group Duty Free Corp is set to price its shares at HK$158 each to raise up to $2.07 billion in its Hong Kong listing, according to two sources with direct knowledge of the matter. ( read original story ...)
Hong Kong stocks finish with small gains
Hong Kong stocks ended the week slightly higher as late bargain-buying dragged them out of negative territory, though traders remain concerned about ... ( read original story ...)
Hong Kong Home Prices Could Fall 10% After HSBC and StanChart Hike Rates
Hong Kong’s home prices could fall as much as 10% in the second half after two major banks raised mortgage rates for new homebuyers to the highest since 2008, according to Bloomberg Intelligence.Most ... ( read original story ...)
Calvin Choi: Hong Kong’s Most Controversial Banker
Some may view him as an auditing pioneer and investment banking legend. Others call him a marketer lacking substance and a fraudster. Few will describe him as plain. finews.asia takes a look at the ... ( read original story ...)
China’s largest duty-free group stages Hong Kong listing despite zero-Covid
Travel retail giant China Tourism Group Duty Free has raised $2.1bn in a downsized Hong Kong share offer, as a sweeping Covid-19 lockdown in the tropical island province known as “China’s Hawaii” ... ( read original story ...)
Hong Kong stocks rebound on China rate-cut hopes after slowdown hits Tencent, Geely earnings
Stocks are getting a boost from expectations China’s biggest lenders will cut their lending rates next week. Xiaomi, Orient Overseas and China Merchants Bank are due to report their earnings today. ( read original story ...)
Hong Kong shares down at start of trade
Hong Kong stocks opened slightly lower on Friday morning, with investors continuing to fret over the economic outlook as central banks ramp up interest rates to fight runaway inflation. ( read original story ...)
CTG Duty Free Raises $2.1 Billion in Hong Kong Listing
China Tourism Group Duty Free Corp. raised about HK$16.2 billion ($2.1 billion) in its Hong Kong offering, in the year’s biggest listing in the Asian financial hub.Most Read from BloombergApple ... ( read original story ...)
Hong Kong seeks citizens caught in Southeast Asia scams
Hong Kong officials said Thursday they are seeking the return of citizens who traveled to Southeast Asia for jobs that entrapped them in scams and virtual slavery. The victims, who also came from ... ( read original story ...)
Can Hong Kong Repair Its Battered Image?
It will be difficult to move on if the city maintains its defiant stance at the expense of a genuine course correction. ( read original story ...)
How will national education be implemented in Hong Kong? Teacher training, student learning need more reflection
Teachers need time and support to get to grips with national education subjects and put together new lessons and materials Metrics must also be agreed on for assessing exactly what students are taking ... ( read original story ...)
Up the ranks: Betty Lam helms people agenda for DBS Hong Kong as MD, Head of HR
She will work closely with the management team to progress the strategic people agenda and create an inclusive and rewarding workplace for the bank. ( read original story ...)
Hong Kong’s AMTD, whose stock soared 32000%, faces regulatory scrutiny
The previously unreported probe by Hong Kong's securities watchdog into AMTD Group Co., which is run by former UBS Group AG banker Calvin Choi, predates the US listing of its unit AMTD Digital Inc ... ( read original story ...)
Hong Kong’s Bank of East Asia burned by China property loan losses
Bank of East Asia's bottom line plunged during the first half of the year, owing to a spike in impairment charges on loans to mainland China's struggling property sector. The major Hong Kong-based ... ( read original story ...)