Local stocks hit the lowest level since June 1. ICBC and banking peers suffered their worst week since October. Premier Li Qiang said China will offer ‘targeted and synergistic’ measures to stabilise ...
Hong Kong Raises Maximum Mortgage Available for Homes Valued up to $3.8 Million
Hong Kong is raising the cap on loan-to-value (LTV) ratio for properties worth up to HK$30 million ($3.83 million) for self-use homebuyers, the Hong Kong Monetary Authority (HKMA) said on Friday, the ...
Business grads from HK pick J.P. Morgan and HSBC as most attractive employers
Students prefer companies with a “friendly working environment." Hong Kong’s new batch of talents from the business and commerce schools has named J.P. Morgan and HSBC as their ideal employers, ...
Goldman-Backed ClinChoice Considers Hong Kong IPO
ClinChoice, a clinical trial services provider backed by Goldman Sachs Group Inc., is considering a Hong Kong initial public offering as soon as next year, according to people familiar with the matter ...
Hong Kong stocks hit 5-week low as sell-off in ICBC, Chinese lenders persists while global funds exit
Local stocks continue to slide as ICBC and banking peers face the worst weekly slump since September. Chinese Premier Li Qiang says China will offer ‘target, synergistic’ measures to stabilise growth.
Adicon nets $52M in Hong Kong IPO, shares jump 12% on debut
Adicon Holdings Ltd. raised HK$409 million (US$52 million) in an initial public offering on the Hong Kong stock market. Its shares opened at HK$12.32, jumped 12% and closed at HK$13.8 on the first ...
Financial Executive At Hong Kong Billionaire’s Flagship Business Released On Bail Amid Corruption Probe
The deputy chief financial officer of the tobacco flavorings flagship business of Hong Kong Billionaire Chu Lam Yiu was released on bail on Thursday without charges a day after her arrest in a ...
The Guardian view on Hong Kong’s pursuit of exiles: these bounties should backfire
Hong Kong’s exiles are conscious of this problem ... which Mr Law co-founded, for providing financial support to people who had fled overseas and for “seditious” social media posts. Most experts think ...
US Urges Hong Kong Banks to Curb Exports to Russia, Nikkei Says
US Treasury officials visited Hong Kong in June to urge the city’s central bank, financial institutions and other groups to curb the flow of advanced American-made technology into Russia, the Nikkei ...
US Urges Hong Kong Banks to Curb Russia Exports, Nikkei Says
US Treasury officials visited Hong Kong in June to urge the city’s central bank, financial institutions and other groups to curb the flow of advanced American-made technology into Russia, the Nikkei ...
Fourth Paradigm Receives Hong Kong IPO Green Light from Chinese Regulator after Fourth Attempt at Public Listing
Following acceptance by the CSRC, Fourth Paradigm should proceed with launching its IPO in the Hong Kong market.
Hong Kong stocks slump on worries about Chinese banks, US interest rates
The Hang Seng Mainland Banks Index, which tracks mainland Chinese banks listed in Hong Kong, plummeted 6.5%. It was the worst daily decline since February 2018. In a lengthy report on China’s banking ...
Hong Kong cannot just be ‘China’s financial centre’, it must be counted among top global hubs, HKMA’s Eddie Yue says
Hong Kong will continue to develop as a global finance hub and will not just be viewed as China’s offshore financial centre, HKMA CEO Eddie Yue tells Official Monetary and Financial Institutions Forum ...
Chinese AI Startup Fourth Paradigm Receives China’s Nod for Hong Kong IPO
HONG KONG (Reuters) - Beijing Fourth Paradigm Technology, an AI startup, has completed procedural work for a Hong Kong initial public offering, becoming only one of a handful of companies to get the ...