HSI financials sub-index 1.2% lower; property sector down 2.4% July 7 (Reuters) - Hong Kong shares fell on Tuesday as a rally that pushed the city’s benchmark index sharply higher over four days lost ... ( read original story ...)
Hong Kong grappling with future under national security law
Hong Kong’s leader Carrie Lam offered scant reassurance Tuesday over a new national security law that critics say undermines liberties and legal protections promised when ... ( read original story ...)
Hong Kong will attract listings by international companies, not just Chinese firms, as Greater Bay Area opens up, outgoing IPO panel chief says
Hong Kong will continue to attract listings by international and Asian companies in the coming years, as the 2018 reforms and a soon to be launched wealth management connect scheme increase access to ... ( read original story ...)
TikTok says it will exit Hong Kong market within days
The short form video app owned by China-based ByteDance has made the decision to exit the region following China's establishment of a sweeping new national security law for the semi-autonomous city. ( read original story ...)
Why Hong Kong will remain an international financial centre, despite new security law
But Hong Kong’s success as a centre of international finance, connecting the world to mainland China, is built on several foundations. These include having a stable business environment, the free flow ... ( read original story ...)
Smoore International raises $918 mln in Hong Kong IPO, sources
Chinese e-cigarette and vape manufacturer Smoore International, one of the largest companies of its kind in the world, has raised $918 million after pricing its shares at HK$12.40 each in its Hong ... ( read original story ...)
HK$10,000 government handout: more than 3 million receive cash as bank websites flooded with user traffic from those keen to see money
Multiple banks put up notices advising clients system maintenance needed due to high network volume. The cash, under a wider coronavirus relief package, was delivered to the first batch of successful ... ( read original story ...)
HKMA sells HK$5.43 bln as currency hits strong end of trading band
The Hong Kong Monetary Authority sold HK$5.425 billion ($700 million) into the market in Hong Kong trading hours after the local currency hit the strong end of its trading band, according to data ... ( read original story ...)
Smoore International raises $918 million in Hong Kong IPO – sources
Chinese e-cigarette and vape manufacturer Smoore International , one of the largest companies of its kind in the world, has raised $918 million (£734.93 million) after pricing its shares at ... ( read original story ...)
Hang Seng Index Breaks 25,000 as China A50 Tests a Key Resistance
The Hang Seng Index has broken resistance at 25,000 with increased volume, with south-bound flow a big driver. The China A50 stock index is testing major resistance. ( read original story ...)
Hong Kong national security law may spook socially conscious investors, sparking outflows
Investors who take a sustainable approach to allocating capital may be reevaluating putting their money into Hong Kong after the city implemented a national security law, an analyst said on Friday. ( read original story ...)
What are Hongkongers going to do with their HK$10,000 payout? Bet on the stock market, from the looks of it
Starting this week, each permanent resident of Hong Kong will be eligible to receive HK$10,000 (US$1,290) in a one-time cash payout, part of the government's HK$55 billion financial stimulus to help ... ( read original story ...)
No politics, please! Hong Kong finance professionals impose self-censorship after security law
A year ago, growing anti-government demonstrations in Hong Kong were a hot topic in conversations among bankers, lawyers and other investment professionals in one of the world's biggest and freest ... ( read original story ...)
China has HSBC’s taipan in a vice with few options but to fall in line with the security law for Hong Kong in the bank’s biggest market
As a member of top Chinese political advisory body, HSBC’s Asia-Pacific CEO had to document his support for the highly controversial law, a source says. ( read original story ...)