Hong Kong’s exports rebounded in September on the back of a recovering Chinese economy, Financial Secretary Paul Chan said his blog post Sunday. The city’s third-quarter gross domestic product should ... ( read original story ...)
Exclusive: Ant may raise up to $17 billion in Shanghai IPO leg as investors submit bids, say sources
China's Ant Group could raise up to $17.3 billion in the Shanghai leg of the likely $35 billion dual listing, the world's largest ever, after some large investors submitted bids in the range of 68-69 ... ( read original story ...)
Ant Group Wins China Approval for Hong Kong IPO Plan
Jack Ma’s Ant Group Co. won a key approval from the China Securities Regulatory Commission for its listing in Hong Kong, paving the way for what could be the world’s biggest initial public offering. ( read original story ...)
Exclusive: Ant Group’s Shanghai IPO gets bids in 68-69 yuan/share range, say sources
Some large Chinese fund managers have submitted bids in the range of 68-69 yuan per share for the Shanghai leg of the financial technology giant Ant Group's likely $35 billion dual-listing, people ... ( read original story ...)
Head-To-Head Comparison: Boc Hong Kong (BHKLY) and Its Competitors
Boc Hong Kong (OTCMKTS: BHKLY) is one of 74 publicly-traded companies in the “Commercial banks, not elsewhere classified” industry, but how does it compare to its peers? We will compare Boc Hong Kong ... ( read original story ...)
China’s ambition to involve Hong Kong in economic zone creates ripple
Victor Teo, a research fellow at the University of Cambridge and the Singapore-based ISEAS-Yusof Ishak Institute, cast doubt on such views, saying, “I do not think Xi has disregarded Hong Kong as a ... ( read original story ...)
HKMA sells HK$2.26 bln in NY hours, currency hits strong end of band
The Hong Kong Monetary Authority sold HK$2.263 billion ($292 million) into the market in New York trading hours after the local currency hit the strong end of its trading band, according to data ... ( read original story ...)
China Market Update: Markets Remain Rangebound, Ant Group IPO Listing Date Looms, Week In Review
Asian equities posted modest gains today and for the week while Mainland China underperformed. The Hang Seng Index overcame morning losses to gain +0.54% as it climbs toward the 25k level though the ... ( read original story ...)
Ant’s Record Strategic Allocation in Shanghai IPO Fuels Small Investor Scramble
Chinese fintech giant Ant Group's move to earmark a record 80% of the Shanghai leg of its $35 billion dual-listing for strategic investors has led to a scramble among smaller investors for what some ... ( read original story ...)
Hong Kong stocks post fourth week of gains as financials strengthen
Hong Kong stocks closed higher on Friday to post their fourth consecutive weekly advance, underpinned by heavyweight financial firms, though gains were checked by uncertainties including the U.S. ( read original story ...)
Hong Kong virtual bank Mox signs 35,000 customers in first month
Standard Chartered-supported Hong Kong virtual bank Mox has signed up 35,00 customers within its first month of operation. Mox is one of eight virtual banks licensed by the Hong Kong Monetary ... ( read original story ...)
HSBC’s iconic lion statues back on display after work done to undo damage during Hong Kong protests
Two Hong Kong icons today made their first public appearance in more than nine months after they were damaged during last year’s protests. HSBC’s famous lion sculptures, known as Stephen and Stitt, ... ( read original story ...)
Financial firms pull Hong Kong stocks higher
Hong Kong stocks ended marginally higher on Thursday, aided by gains in heavyweight financial firms. ** At the close of trade, the Hang Seng index was up 31.71 points, or 0.13%, at 24,786.13. The Hang ... ( read original story ...)
HKMA sells HK$2.96 bln in NY hours, currency hits strong end of band
The Hong Kong Monetary Authority sold HK$2.96 billion ($381.94 million) into the market in New York trading hours after the local currency hit the strong end of its trading band, according to data ... ( read original story ...)