According to police investigation, some of the money was used for purposes other than those claimed by its organiser Hong Kong’s High Court has issued a confiscation order allowing police to seize ... ( read original story ...)
Hong Kong Monetary Authority Posts Information on “Pilot Scheme on Training Subsidy for Fintech Practitioners”
The Hong Kong Monetary Authority (HKMA) has posted details of its "Pilot Scheme on Training Subsidy for Fintech Practitioners." ... ( read original story ...)
Leapmotor raises $800 Million in Hong Kong IPO
Leapmotor priced the offering at HK$48 per share, the bottom of its marketed range, said the people, who asked not to be identified as the information is private. The company marketed 131 million ... ( read original story ...)
Travel Plays Fly On Hong Kong & Macau Reopening, PBOC Pumps Brakes On CNY Depreciation
Asian equities were off with an emphasis on growth stocks except for Hong Kong, as internet stocks outperformed. ( read original story ...)
HSBC slides, Hong Kong stocks extend sell-off from 11-year low as policy hawks fuel recession concerns
Stocks slide further to 2011-low after entering bear-market zone last week as HSBC slumps amid recession fears Hong Kong scraps mandatory quarantine rules from today as the financial industry calls ... ( read original story ...)
Hong Kong IPOs suffer from business downturn, China tension
September, the total IPO deal value in Hong Kong stood at only US$7.77 billion, the lowest since 2013. That volume is expected to be boosted by Thursday’s IPO from Leapmotor, which is likely to be the ... ( read original story ...)
Hong Kong stocks waver at 11-year low amid recession concerns as full border reopening awaited
Stocks hold at 2011-low after slipping into bear-market zone last week as Alibaba, Xpeng and WuXi Biologics pace winners while HSBC slumps Hong Kong scraps mandatory quarantine rules from today as the ... ( read original story ...)
China’s Leapmotor Said to Raise $800 Million in Hong Kong IPO
Chinese electric-vehicle maker Zhejiang Leapmotor Technology Co. raised about HK$6.3 billion ($800 million) in its Hong Kong initial public offering, according to people familiar with the matter.Most ... ( read original story ...)
Chinese EV Maker Leapmotor Raises $800 Million in Hong Kong IPO
Chinese electric-vehicle maker Zhejiang Leapmotor Technology Co. raised about HK$6.3 billion ($800 million) in its Hong Kong initial public offering, according to people familiar with the matter.Most ... ( read original story ...)
Hong Kong is reconnecting with a world economy heading for a deep recession and stagflation
Experts are predicting the deepest global recession in 40 years, led by the US, Europe and China, amid record debt and rising costs - just as Hong Kong is looking for a boost following over 30 months ... ( read original story ...)
Baring PE Asia weighs US$8 billion deal to merge Hong Kong’s Tricor and Vistra, sources say
Baring Private Equity Asia is exploring a combination of two Hong Kong-based business services firms it owns, Tricor and Vistra, according to people familiar with the matter. ( read original story ...)
China EV Maker Leapmotor Set to Raise $800 Million in Hong Kong IPO – Sources
China electric vehicle maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48($6.12) each in its Hong Kong initial public offering, according to two sources ... ( read original story ...)
Hong Kong stocks sink to lowest since 2011 as rate increases dent market confidence, heighten recession worries
Hong Kong stocks slumped to the lowest level in almost 11 years on concerns more interest-rate increases by global central banks will crush consumption, damage corporate earnings and push the global ... ( read original story ...)
Hong Kong Central Bank Lifts Base Rate
The Hong Kong Monetary Authority raised its benchmark rate on Thursday after the rate hike of the U.S. Federal Reserve. The Base ... ( read original story ...)