Ant Group, the Chinese technology and financial-services giant that owns popular mobile-payments network Alipay, said it is planning concurrent initial public offerings in Hong Kong and Shanghai as it ... ( read original story ...)
Jack Ma’s fintech giant Ant starts IPO process in Hong Kong and Shanghai
The financial services and payments behemoth said Monday that it has kickstarted the process of a concurrent initial public offering on the Hong Kong Stock Exchange and Shanghai’s Nasdaq-style ... ( read original story ...)
Alibaba payments arm Ant to seek IPO in China and Hong Kong
HONG KONG -- China's Ant Group said on Monday that it will seek an initial public offering in Shanghai and Hong Kong in an eagerly awaited move towards the stock market by one of the world's ... ( read original story ...)
Alibaba’s Ant Group fires starting gun on dual listing in Hong Kong, Shanghai
It would become the first company to list both in Hong Kong and on the Star Market and its IPO should boost the status of both Hong Kong and Shanghai as capital market centres. The company, China’s ... ( read original story ...)
Hong Kong banks shutter branches again after COVID cases hit record high
HSBC, Standard Chartered and other banks in Hong Kong closed branches or curtailed their working hours on Monday after a spike in the number of new coronavirus cases in the Asian financial hub. ( read original story ...)
Could the United States break Hong Kong’s peg to the dollar?
The move, while unlikely, would undermine Hong Kong's financial operations. Plus, Turkey's military expenditure. ( read original story ...)
HKEX hires top women managers to oversee IPO applications after bribery scandal taints world’s favourite market
Hong Kong Exchanges and Clearing has installed two senior executives to tighten its stock-listing process following a bribery scandal that tainted the world's favourite initial public offering (IPO) ... ( read original story ...)
Hong Kong shares rise, post biggest weekly fall in 2 months on subdued China stocks
SHANGHAI, July 17 (Reuters) - Hong Kong stocks ended higher on Friday but posted their ... while the IT sector rose 2.09%, the financial sector ended 0.02% higher and the property sector dipped 0.51%. ( read original story ...)
Hong Kong reports 50 locally transmitted coronavirus cases
Hong Kong authorities reported 50 locally transmitted coronavirus cases on Friday, stoking further concern about an escalating third wave of infections in the global financial hub. ( read original story ...)
Hong Kong’s Property Market Sees Limited Impact From China Security Law
Early signs of any impact on the property market from Hong Kong’s new security law have been muted with sales and home-price data barely flinching. ( read original story ...)
Thailand To Test Digital Baht Currency With Hong Kong’s Central Bank Before Public Launch
The Bank of Thailand revealed it is already testing its central bank digital currency with large businesses. By September, they will use CBDC to transact with the Hong Kong Monetary Authority. ( read original story ...)
Hong Kong Stock Market Has Negative Lead
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 gathered more than 230 ... ( read original story ...)
Hong Kong reverts to China tariffs under Trump order, impact limited -trade lawyers
President Donald Trump's executive order ending Hong Kong's special status under U.S. law effectively ends the territory's separate customs treatment from China - but the immediate impact on trade is ... ( read original story ...)
Ex-HSBC Economist Backs Hong Kong Banks in Legislature Bid
A former economist at HSBC Holdings Plc plans to run for a seat in Hong Kong’s legislature, vowing to stand up for the financial services sector against growing influence from China. ( read original story ...)