China's economy grew 5.2% in the three months ended December, slower than the 5.3% forecast in a Reuters poll. Retail sales for December also missed expectations.
Allied Banking Corporation migrates core banking operations to the cloud with Finastra
Allied continues 15 year relationship with Finastra, upgrading from Equation to Essence ...
Sensex, Nifty crash: HDFC Bank, China GDP miss, 3 other reasons behind market fall
Domestic stocks took a beating on Wednesday morning and banking shares seemed to be the only culprit, following HDFC Bank's mixed set of numbers. But if one looks beyond the domestic market, the ...
Alibaba, HSBC, AIA drag Hong Kong stocks to 14-month low as China’s growth trails forecasts, home prices fall by most since 2015
Stocks inflict further pain and losses for investors as more funds lose hopes on China reflation story. Growth in the final quarter of 2023 trails market consensus, while new home prices fall again.
Hong Kong stocks make biggest retreat in three months amid mixed China outlook as property gauge sinks
Hong Kong stocks declined for a third day before a key release of 2023 economic data that is expected paint a mixed picture for China’s recovery.
Hong Kong investment firm Ding Yi Feng’s plans to list mainland Chinese affiliate spooks investors, shares crash
Founder Sui Guangyi’s plans to list its Shenzhen affiliate on an international digital exchange have hit the shares of the Hong Kong-listed investment firm, which have lost nearly 50 per cent since ...
Hong Kong stocks tumble 2% amid broader decline in Asia markets, China gains
Asia-Pacific markets were set for a mixed open Tuesday, with Japan looking set to extend its rally to a seventh straight day. The country’s benchmark Nikkei 225 has surged this year, hitting key ...
Chinese EV-Charging Company Star Charge Aims for Hong Kong IPO in Late 2024
Star Charge, a Chinese maker of electric-vehicle charging stations, aims to go public in Hong Kong as early as the second half of 2024, according to people familiar with the matter.
Hong Kong stocks slip as China’s central bank dents rate-cut bets, Baidu sinks on AI chatbot and military controversy
China’s central bank kept its key policy lending rates unchanged, dashing hopes of a quick-fix policy stimulus. Baidu sank on report Chinese military labs were gauging its AI chatbot.
China Reaffirms Support For Offshore IPOs, But New Listings Likely To Remain Small
A top Chinese securities regulator said 86 companies have successfully registered to make IPOs in Hong Kong and the U.S. since the launch of a new registration system last March.
HSBC, Standard Chartered, Bank of China among lenders waiving fees for Hong Kong airport operator’s US$640 million retail bond
Banks such as HSBC are waiving off many types of charges, including subscription, safe custody and transaction fees Investors are shifting their attention to the high-quality bond offering from the ...
Hong Kong police investigate email scam following German pharmaceutical firm’s report it was swindled out of more than €3 million
German firm had been conducting business with supplier from mainland China via email and was allegedly tricked by criminals into making transfer In separate case involving European firm, Hong ...
KPMG Expects HK IPO Proceeds to Rise to $100B in 2024, with 90 IPOs for Whole Yr
There were a total of 70 IPOs in Hong Kong in 2023, raising a total of approx. $46.3 billion, down 21% and 56% YoY, respectively, according to KPMG. At present, there are still abo... There were a ...
HSBC forecasts slower economic growth this year
HSBC on Monday predicted that Hong Kong's economy will grow at a slower pace this year, but struck an upbeat tone on the performance of the city's ...