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 ...
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.
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.
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 ...
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 ...
China’s Rate Change Causes Market Panic; Big Dive In Hong Kong Stocks
In mainland China, domestic equity benchmarks also suffered further declines. The Shanghai Composite index and the Shenzhen Component dropped by 1.2% and 1.3%, respectively. Both indices now languish ...
HSBC gets punchy target as Jefferies shrugs off China crisis
HSBC shares getting caught up in the general over China and its property sector, in particular, are an opportunity, according to the analysts at ...
DBS Hong Kong and HSH Financial Services close HK$800 million bilateral sustainability-linked loan deal
Limited (“DBS Hong Kong”) and HSH Financial Services Limited (“HSH Financial Services”), a wholly-owned subsidiary of The Hongkong and Shanghai Hotels, Limited (“HSH”), have finalised a three-year ...
GAC Group and Tencent-backed ride-hailing platform OnTime files for IPO in Hong Kong
Chinese ride-hailing platform OnTime submitted its prospectus to the Hong Kong stock exchange, as reported by Chinese news site Sina.
C Suisse Reportedly Plans to Layoff 80% of HK I-bank Staff
Credit Suisse will begin laying off staff at its Hong Kong investment bank this week, with about 80% of them expected to be laid off and only about 20 headcounts retained, Reuters ... Credit Suisse ...
Hong Kong developers whipsawed by 16-year high inventories, lofty interest rates and China slowdown
Hong Kong developers are set to see lower earnings than previously expected after sales slowed in the three months to June amid overall home price downtrend and interest rate upcycle.
HSBC Awards Scholarships to 277 HK Students; 17% Scholarship Winners Join Financial Industry in Recent Yrs
HSBC awarded scholarships to 277 students from 20 universities and tertiary institutions in Hong Kong at the annual HSBC Scholars Day yesterday (9th). Nearly 7,000 students have be... HSBC awarded ...
HSBC Buys Back Over 4.66M Shrs for $297M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.6626 million shares in the UK and Hong Kong markets yesterday (8th), involving a total of more than HK$297 milli... HSBC HOLDINGS ...
OCBC Bank HK To Raise USD Prime Rate to 7.75% p.a. Tmr
Today (7th), OCBC Bank Hong Kong announced that it will increase its US Dollar Prime Rate from 7.5% p.a. to 7.75% p.a., effective from tomorrow (8th).