By Clarence Leong Shares of two Chinese companies slumped at their Hong Kong market debut on Wednesday, mirroring weak sentiment recently among global ... ( read original story ...)
Shanghai, Hong Kong stocks fall on overnight Wall Street losses, China power crunch
Shanghai and Hong Kong shares dropped on Wednesday, tracking overnight Wall Street losses and hit by China's worsening power crunch, as investors exited Chinese stocks vulnerable to factory shutdowns ... ( read original story ...)
Property, tech stocks lift Hang Seng as China vows to maintain a healthy real estate market amid distress signs
Hong Kong stocks rose for the second day, buoyed by a rally in real estate developers, after China’s central bank pledged to ensure a healthy property market amid concerns about the fallout from ... ( read original story ...)
Alibaba, JD And Nio Rivals Xpeng, Li Auto All Decline As Hong Kong Markets Extend Losses
JD.Com Inc. (NASDAQ: JD), Xpeng Inc. (NYSE: XPEV), Li Auto Inc. (NASDAQ: LI), Tencent Holdings Limited (OTC: TCEHY) and ... ( read original story ...)
South Korea Is Beating Hong Kong in IPO Proceeds This Quarter
South Korea’s market for initial public offerings has been on fire in the third quarter, with record proceeds that are set to surpass Hong Kong’s for the first time since 2017.Most Read from ... ( read original story ...)
DRC Bank shares tumble after $1.2bn Hong Kong IPO
Dongguan Rural Commercial Bank fell as much as 17.8% in its market debut in Hong Kong on Wednesday amid waning investor interest in Chinese lenders exposed to the nation's embattled property ... ( read original story ...)
Ping An OneConnect sets the pace as Hong Kong’s virtual banks deliver better services to SMEs, keep sector giants on their toes
Ping An OneConnect, which is owned by Ping An Insurance, China’s largest insurer, is the first virtual bank to focus completely on SMEs. ( read original story ...)
Renewed Selling Pressure Anticipated For Hong Kong Stock Market
The Hong Kong stock market has moved higher in consecutive trading days, gathering more than 300 points or 1.2 percent along the way. The Hang Seng Index now sits just above the 24,500-point plateau ... ( read original story ...)
Hong Kong’s dirty money sleuths track criminals using cryptocurrency trading platforms to move illegal funds across borders
Hong Kong authorities linked cryptocurrency and money laundering for the first time in July, when a customs team shut down a syndicate suspected of moving illegal funds totalling HK$1.2 billion ... ( read original story ...)
Our top 10 articles about tech and startups in Hong Kong
Hong Kong-based Formation.Fi is helping investors build their decentralized finance (DeFi) portfolios based on yield-farming strategies. It raised money from several DeFi protocol founders as well as ... ( read original story ...)
‘Back on track’: Hong Kong finance chief accuses US of fomenting 2019 protests, hails national security law
A senior Hong Kong government official has accused the US of helping to foment the violent protests of 2019, saying the unrest dealt a severe blow to the economy which was now “back on track” under ... ( read original story ...)
Hong Kong’s business environment remains one of world’s best: experts
With the release of Hong Kong first business environment report on Monday since its return to the motherland experts and busine ... ( read original story ...)
Hong Kong finance chief ‘has the qualifications’ for city leader, but blasting US in report shouldn’t be read as political manoeuvring, heavyweight says
Hong Kong's financial chief "has the qualifications" to be a contender for the city's next leader, pro-establishment veteran Regina Ip Lau Suk-yee has said, a category she believes includes "many ... ( read original story ...)
MicroPort MedBot readies Hong Kong IPO
Co has received the go ahead from Hong Kong’s stock exchange to list. The company is being spun off by MicroPort Scientific Corp, a Shanghai-based medical device manufacturer. CICC and JP Morgan are ... ( read original story ...)