The chairperson of Hong Kong’s bourse operator has defended the city’s stock market after a US economist wrote in the Financial Times that the Hong Kong market was “over”. Outgoing chair of Hong Kong ...
Hong Kong stocks drop as Asian fund managers show no urgency to chase market amid China’s policy support, intervention
Stocks struggle to sustain a winning start to the Year of the Dragon as fresh economic challenges emerge. Funds are in no rush to chase Chinese equities despite Beijing’s recent intervention, a Bank ...
FWD mulls options for US$10 billion insurer after IPO delay: sources
FWD Group Holdings, the Asian insurer controlled by billionaire Richard Li, is considering options including a potential stake sale after delaying a planned initial public offering, according to ...
Hong Kong’s West Kowloon arts hub to run out of funds in 2025, CEO warns as gov’t urged to approve finance plan
Hong Kong’s West Kowloon Cultural District will use up its financial reserves next year, the head of the authority overseeing the arts hub has said as she urged the government to approve a plan ...
Hong Kong Shares Tipped To Open In The Green On Thursday
The Hong Kong stock market returned from the Lunar New Year break on Wednesday by snapping the three-session losing streak in which ...
Developer China South City stock sinks 37% to record low in Hong Kong after warning of multiple bond defaults
The Shenzhen-based developer slumped 37 per cent to close at the lowest level since its 2009 listing as the market resumed trading after the Lunar New Year break, extending a slump in the past year to ...
Exclusive | ‘It’s complicated’: Hong Kong Lyric Theatre Complex delayed again, now aiming for completion in 2026
A HK$4 billion loan the authority signed with nine banks in 2022 will mature next year. Fung said it would negotiate the way forward with HSBC and Standard Chartered Bank. “It is not ideal to rely on ...
For foreign firms in Hong Kong, national security plans bring fresh chill
Taipei, Taiwan – As Hong Kong moves forward with controversial new national security legislation, its foreign business community is expressing reservations – albeit quietly – about how new rules ...
HSBC HOLDINGS To Consider Announcement of Final Results & Payment of 4th Interim Div. on 21 Feb
HSBC HOLDINGS (00005.HK) announced that a meeting of a committee of the Board of Directors of the Company will be held on 21 February 2024 to consider the announcement of the final... HSBC HOLDINGS ...
Is HSBC Stock a Buy?
The good news is that the market already knows this, and has valued HSBC stock accordingly. On a price-to-book basis -- a valuation metric that highlights how much the market is willing to pay for a ...
Hong Kong stocks nudge higher in return from Lunar New Year holidays
Hong Kong stocks inched higher on Wednesday in a volatile session after returning from the Lunar New Year holidays, with investors awaiting moves by Chinese authorities to help support the country's ...
Developer China South City stock sinks 20% in Hong Kong after warning of multiple bond defaults
The Shenzhen-based developer falls as much as 15 per cent on the first day of trading after the Lunar New Year break, extending a slump in the past year to about 70 per cent.
Hong Kong’s talent base lends expertise to rapidly growing Asian private credit market, APLMA CEO says
Hong Kong’s sophisticated investor base is bringing lending expertise to Asia’s rapidly growing private credit market, which still only accounts for only 5 per cent of the global tally, indicating its ...
TOP Financial’s stock slides after Hong Kong-based company saw huge gains
The stock surged on trading volume of 72.63 million shares Friday, well above its 65-day trading volume of 1.26 million shares, and was halted for ...