Stocks are mostly lower in afternoon trading on Wall Street Monday after the market gave back some of its recent gains from a five-week winning streak. ( read original story ...)
Hong Kong’s Future as Biotech IPO Hub is Bright
Hong Kong's stock exchange continues to belie the turmoil in the city, with a stock price that's far outpacing the index and a series of wins in the form of big tech listings. Another bright spot - ... ( read original story ...)
Prime Bank speeds up digital push to spur growth
Most companies should be content if they just can manage to stay afloat in the face of the devastating coronavirus pandemic. But Prime Bank Ltd has not only been weathering the toughest crisis in ... ( read original story ...)
Hong Kong security guard dies after being slashed in neck at Tseung Kwan O MTR station while working
The knife attack in front of two colleagues caused the man to collapse in a pool of blood. A former colleague has been arrested following the incident. ( read original story ...)
STAT China: Lineup for Hong Kong IPO grows, and a conversation with Junshi’s Li Ning
In this edition, we feature a conversation with Li Ning, CEO of Junshi Biosciences, along with other news and notes from Chinese biotech. ( read original story ...)
Latham & Watkins Hires White & Case Hong Kong Finance Partner
Latham & Watkins has hired a debt finance partner in Hong Kong from White & Case. Andrew Bishop was most recently a partner at White & Case based in Hong Kong, where he advised investment banks and ... ( read original story ...)
Meagre gains for Hong Kong, mainland stocks, as investors weigh upbeat China economic data against US market dip, Covid-19 surge
The Hong Kong and mainland China stock markets eked out small gains after see-sawing on Tuesday, as investors weighed signs of economic recovery in China against a dip overnight in US markets and an ... ( read original story ...)
HSBC Looks Undervalued As Asian Economy Gets Back On Track
HSBC stock lost nearly 40% - dropping from $40 at the end of 2019 to around $24 in early April - before further declining to around $22 now. This implies the stock is around 45% lower than at the ... ( read original story ...)
Hong Kong shares close higher on strong China manufacturing data
China’s Caixin factory PMI hits best level in almost a decade * EV maker BYD gains on California coach purchasing orders BEIJING/SHANGHAI, Sept 1 (Reuters) - Hong Kong shares finished higher on ... ( read original story ...)
Former Co-Head of Hong Kong IPO Appraisal Joins Crypto Company
Lin Shi, a former Hong Kong stock exchange executive who helped to vet initial public offerings, has joined a cryptocurrency platform that is seeking to provide securitized token listings. ( read original story ...)
Hong Kong Shares May Take Further Damage On Tuesday
The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had jumped more than 750 ... ( read original story ...)
Covid-19 and security law cloud outlook for Hong Kong luxury homes
But now it faces two quite different challenges at once — the Covid-19 pandemic and the imposition of tough national security laws by Beijing that raise questions about the territory’s cherished ... ( read original story ...)
Hong Kong ‘shop king’ Tang Shing-bor reaches settlement on unpaid rent of US$1.5 million for hotel property
Billionaire Tang Shing-bor, Hong Kong’s “shop king”, has swiftly settled a court case brought against him over unpaid rent of nearly HK$12 million (US$1.5 million) for a hotel property in Tsim Sha ... ( read original story ...)
HKEX’s Charles Li wants to create another wave of mega IPOs in Hong Kong to stay ahead of Nasdaq in next market reforms
Hong Kong's stock market operator is keen to create another wave of mega stock offerings by mainland China's new-economy companies in the city by further tweaking its listing rules, its chief Charles ... ( read original story ...)