HONG KONG (Reuters) - Asia-focused investment firm ... when levels ranged between $150 million to $230 million. Yahoo Finance Video ... ( read original story ...)
Hong Kong Stock Market Expected To Snap Losing Streak
The Hang Seng Index now rests just ... Hang Lung Properties spiked 1.86 percent, Hong Kong & China Gas sank 0.51 percent, Industrial and Commercial Bank of China and Xiaomi Corporation both ... ( read original story ...)
Police find body of solo hiker on Hong Kong hillside days after he set off alone
He was found dead in the area four days later. Last month, the body of Shou Fugang, 59, former chairman of Bank of Communications (Hong Kong), was found at Tam Chai Shan, also known as Mount Hallowes, ... ( read original story ...)
AM Best Affirms Credit Ratings of Bank of China Group Insurance Company Limited
HONG KONG, October 28, 2021--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of Bank of China Group ... ( read original story ...)
Hong Kong housewife swindles finance firms out of US$4 million by using forged documents to mortgage homes owned by in-laws, ex-clients
A Hong Kong housewife on Thursday admitted swindling more than HK$32 million (US$4.1 million) from financial institutions and lenders by using forged legal documents to mortgage properties owned by ... ( read original story ...)
Inflation Weighs On The Mainland As Hong Kong Internet Rebounds
Real estate was off in both Hong Kong and China after property developer Kaisa Group (1638 HK) fell -18.49% after its bonds were downgraded by credit rating agencies. I’ve often believed that rating ... ( read original story ...)
Domino’s Pizza China Franchisee Dash Mulling Hong Kong IPO
Domino’s Pizza Inc.’s master franchisee in China is weighing a Hong Kong initial public offering as soon as next year, according to people familiar with the matter. ( read original story ...)
Watch: Hong Kong sets up trade office in Dubai with ambitious targets
Hong Kong has opened its first Economic Trade Office in the Middle East at Dubai International Financial Centre on the back of increased trade and economic deals with the UAE. The UAE was also one ... ( read original story ...)
Evergrande founder pledges Hong Kong luxury house for bank loans
Chinese financial news caixin.com reported on Wednesday that the property was pledged to the local Hong Kong branch of China Construction Bank, citing documents from the city's Land Registry. The ... ( read original story ...)
Hang Seng Index stages a pre-lunch rebound as bargain hunters swoop in on oversold internet stocks, ignoring Li Ning’s slump
Hong Kong’s benchmark stock index recovered some of its losses ... ignoring the slump in one of China’s largest athletic wear producers. The Hang Seng Index fell 23.93 points, or by less than 0.1 per ... ( read original story ...)
HSBC sets up new wealth and insurance centre as one-stop shop to capture affluent Greater Bay Area clients
HSBC, the largest lender in Hong Kong and Europe, has opened its first centre that combines wealth management, insurance and medical check-up services into a one-stop shop, as part of its broader ... ( read original story ...)
China Roundup: ByteDance-backed ad agency files for Hong Kong IPO, and more
Also, NetEase leads a virtual human startup’s US$5 million round, and a Tencent-backed ride-sharing firm bags US$1.2 billion. ( read original story ...)
Investment banks argue Hong Kong’s proposed SPAC rules are too rigid -sources
Investment banks and corporate advisors are pushing back against Hong Kong's proposed rules for blank check listings, arguing they are too onerous and will not make the city competitive, three sources ... ( read original story ...)
Hong Kong bourse sees profit drop as major IPOs delayed
Hong Kong's stock exchange reported its second quarterly profit decline as China's widening crackdown on a broad range of sectors roiled markets and delayed major initial public offerings (IPOs).. ( read original story ...)