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Tag: banking

Posted on 23/08/2023

Hong Kong’s Paul Chan brushes aside concerns of public funding drain by Lantau Tomorrow, Northern Metropolis megaprojects

Financial Secretary Paul Chan Mo-po on Wednesday described the Lantau Tomorrow Vision and Northern Metropolis schemes as "the golden key" to economic development and boosting the housing supply. "[The ...

Posted on 23/08/2023

China EV maker Zeekr to start investor tour ahead of $1.36b US IPO: Sources

HONG KONG - Zeekr, Chinese automaker Geely’s premium electric vehicle (EV) brand, will meet global investors from August-end to test appetite for a US$1 billion (S$1.36 billion) US initial public ...

Posted on 23/08/2023

Hong Kong’s Paul Chan brushes aside concerns over fiscal viability of Lantau Tomorrow, Northern Metropolis megaprojects

Financial Secretary Paul Chan Mo-po on Wednesday described the Lantau Tomorrow Vision and Northern Metropolis megaprojects as "the golden key" to economic development and boosting Hong Kong's housing ...

Posted on 23/08/2023

China EV Maker Zeekr to Start Investor Tour Ahead of $1 Billion US IPO -Sources

China EV Maker Zeekr to Start Investor Tour Ahead of $1 Billion US IPO -Sources By Julie Zhu and Scott Murdoch HONG KONG (Reuters) - Zeekr, Chinese automaker Geely's premium electric vehicle (EV) ...

Posted on 23/08/2023

Hong Kong court allows government appeal to ban protest song

HONG KONG -- Hong Kong's High Court on Wednesday granted a government ... that were long-standing pillars of the Chinese territory's status as an international financial center.

Posted on 23/08/2023

Hong Kong stocks trade in a range amid mixed earnings while awaiting stimulus signs; Baidu advances, Sunny Optical slides

Hong Kong stocks meandered between losses and gains as investors braced for a wave of corporate earnings and awaited signs of further fiscal or monetary stimulus from Beijing. The Hang Seng Index rose ...

Posted on 23/08/2023

Hong Kong stocks trade in a range amid mixed earnings and awaiting stimulus signs; Baidu advances, Sunny Optical slides

Hong Kong stocks traded in a range as investors braced for a wave of corporate earnings and awaited signs of further fiscal or monetary stimulus from Beijing.

Posted on 23/08/2023

Hong Kong and China interest in AI and regtech ‘palpable’ despite soft fintech funding: report

Asia’s fintech funding in 2023 might be lagging its US and European counterparts, but interest is strong in leveraging artificial intelligence and regtech throughout the region.

Posted on 22/08/2023

Sluggish IPO market cripples Hong Kong’s office property sector in H1

A 20-year low of only HK$17.8 billion was raised in H1. According to a recent Savills report, the office market in Hong Kong saw more turbulence with the slow IPO market, with only HK$17.8 billion ...

Posted on 22/08/2023

Companies warm to Hong Kong IPOs under new initiatives

The HKEX published its 2023 interim results on Wednesday. Apart from the 18% increase of half-yearly revenue, there were a total of 33 new listings in 1H 2023, up from 27 for the same period last year ...

Posted on 22/08/2023

Chinese Delivery Giant S.F. Holding Files For Secondary Listing In Hong Kong

S.F. Holding, the express delivery giant headed by billionaire Wang Wei, has filed for a secondary listing in Hong Kong to fund the company’s expansion overseas and strengthen its network in China.

Posted on 22/08/2023

Hong Kong bets on crypto as sector’s star dims over crackdowns overseas

The Chinese territory has issued its first licenses for retail crypto trading amid push to cash in on virtual assets.

Posted on 22/08/2023

Hong Kong’s First Licenced Exchange HashKey Unveil Grand Launch Date, Top-Tier Bank Collaborations Announcement

HashKey Exchange, Hong Kong’s premier licensed retail virtual asset exchange, is set to usher in a new era of accessibility and convenience for retail users. The move comes after the exchange received ...

Posted on 21/08/2023

Mainland Investors Buy Hong Kong Stocks In Size, Baidu & Kuaishou Earnings Tomorrow

Mainland investors bought a net $1.2 billion worth of Hong Kong stocks via Southbound Stock Connect. Among the top traded names, real estate, energy, and financials were lower while technology was ...

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