Chinese AI drug discovery company XtalPi has landed on the Hong Kong stock exchange after nearly $115 million ($896.13 million HKD) from an IPO. XtalPi, which is listing under the name QuantumPharm, ...
Dun & Bradstreet and HSBC team up to support Hong Kong businesses embark on their ESG journeys
Dun & Bradstreet (D&B), a global provider of business decisioning data and analytics, and HSBC today announce a collaboration aiming to help businesses in Hong Kong strengthen their resilience and ...
GBA has edge over San Francisco in finance: FS
Hong Kong's status as an international financial hub has provided a "competitive advantage" to the Greater Bay Area in financial services over its ...
Hang Seng Index opens lower ahead of BOJ decision
Hong Kong stocks slipped at the opening of trading on Friday morning as investors awaited a key policy decision by the Bank of Japan later in the ...
US sanctions Hong Kong companies for alleged support of Russia’s ‘war economy’
The US Department of Treasury sanctioned Hong Kong companies under Executive Order (EO) 14024 on Wednesday in response to the companies' alleged support of Russia's economy amid the War in Ukraine.
Hong Kong rule of law ‘profoundly compromised’, says British judge who quit post there
The rule of law in Hong Kong is "profoundly compromised" in areas of the law where the government has strong opinions, a British judge who recently resigned from the top Hong Kong appeals court said ...
Chinese tech stars Alibaba, JD fuel convertible bond surge, likely ‘precursor’ to IPO rush
“Our hope is that this would be a precursor or a preview for eventually the IPO market to come back,” he said. Funds raised by new listings on the Hong Kong stock exchange fell 32 per cent in the ...
Six Hong Kong banks stand pat on rates as wait for borrowing-cost relief extends
HSBC, Hong Kong’s biggest note-issuing bank, and DBS Hong Kong will keep their key lending and deposit rates unchanged, meaning mortgage borrowers and companies face a longer wait for relief.
Climate change: Budget, stakeholder engagement are ‘main challenges for Hong Kong firms’
The availability of financial support and engagement with stakeholders are the top decarbonisation challenges faced by Hong Kong firms even as they report substantial reductions in harmful emissions, ...
Developing | Hong Kong keeps rate steady for 7th time as traders shift hope of cuts to later this year
The prime rate at BOCHK, HSBC and its subsidiary Hang Seng Bank is set at 5.875 per cent. The rate at Standard Chartered, Bank of East Asia, Citigroup, CCB Asia and other lenders stands at 6.125 per ...
Hong Kong keeps rate steady for seventh time as traders shift hope of cuts to later this year
Hong Kong's de facto central bank kept its base rate unchanged for the seventh time - with local lenders following suit - as traders in the financial markets shift their attention to later this year ...
QuantumPharm soars in Hong Kong trading debut as traders bet on AI-backed drug researcher
QuantumPharm’s shares soared on their trading debut in Hong Kong, as traders piled into the stock even before the AI-powered pharmaceuticals researcher posted any profit. Trading under the stock code ...
Hong Kong lenders HSBC, DBS stand pat on rates as wait for borrowing-cost relief extends
HSBC, Hong Kong’s biggest note-issuing bank, and DBS Hong Kong will keep their key lending and deposit rates unchanged, meaning mortgage borrowers and companies face a longer wait for relief from high ...
Hong Kong Pop Star-Backed Esports Firm NIP Group Files for US IPO
NIP Group Inc., an esports company that counts Hong Kong singer Jackson Wang among its backers, has filed for an initial public offering in the US.Most Read from BloombergHunter Biden Was Convicted.