(RTTNews) - The Hong Kong stock market has climbed higher in consecutive trading ... and Industrial and Commercial Bank of China were unchanged. The lead from Wall Street is upbeat as the major ... ( read original story ...)
Hong Kong backed by mainland for a better future
Aerial photo taken on May 29, 2022 shows a view of the Two International Finance Centre in Hong Kong. [Photo/Xinhua] 1. 14th Five-Year Plan (2021-25) Under the 14th national Five-Year Plan, the ... ( read original story ...)
Chinese Firms Are Dominating Key Parts of Hong Kong’s Economy
Fast forward to this year, and China International Capital Corp., China Merchants Bank Co. and Citic Securities Co. dominate listings. Almost 100 local brokers have closed over the past four years, ... ( read original story ...)
Stablecoin implosion shows it has no role as a form of money, says Bank of International Settlements’ Asia chief
The People's Bank of China (PBOC) already has a commanding lead in the Asia-Pacific region in terms of implementation. It has joined the central banks of the United Arab Emirates, Thailand and the ... ( read original story ...)
China’s central bank, BIS set up renminbi liquidity arrangement
China's central bank said on Saturday it had signed an agreement with the Bank for International Settlements to establish a Renminbi Liquidity Arrangement (RMBLA) that will provide support to ... ( read original story ...)
Hong Kong’s homebuyers snap up Grant Jete’s new flats in Tuen Mun to get ahead of rising mortgage rates
90 of 138 flats on sale at the Grand Jete found buyers at 3pm, agents said The average price of the project was set at HK$15,548 per square foot, 10 per cent cheaper than new projects in the ... ( read original story ...)
(HKSAR 25) Greater success expected for Hong Kong under “one country, two systems”
A pedestrian walks past a bank's digital screen displaying the Hang Seng Index in Central district of Hong Kong, south China, Jan. 19, 2021. (Xinhua/Lui Siu Wai) Hong Kong can wit ... ( read original story ...)
Chinese mainland welcomes Hong Kong professionals
Guangdong Province has long been the main destination for Hong Kong professionals outside of the region. But other parts of the mainland have been welcoming talent from the region in recent years. ( read original story ...)
Hong Kong’s Jumbo Floating Restaurant has not ‘sunk’ only ‘capsized’, company insists
The spokeswoman’s comments come four days after owner Aberdeen Restaurant Enterprises revealed the South China Sea incident. ( read original story ...)
GogoX slumps in trading debut as Hong Kong’s first unicorn marks the return of IPO ceremonial gong since pandemic
Shares of GogoX Holdings slumped in their Hong Kong trading debut as the city's very first unicorn kicked off the return of the ceremonial gong after a two-year absence to mark a new initial public ... ( read original story ...)
GogoX, Hong Kong’s First Tech Unicorn Startup, Slumps In Trading Debut
Shares of GogoX, formerly known as GogoVan, fell 22% from their initial public offering price in their first day of trading Friday, giving it a market capitalization of $1.3 billion. ( read original story ...)
HSBC: A Spin-Off Of Its Asia Business Is A Bad Idea
A spin-off & operational independence for HSBC’s Asia business could unlock $26.5B in shareholder value. But why do I think this is a risky idea? Find out. ( read original story ...)
HSBC Buys back Over 3.18M Shrs in HK, London Ytd for $163M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.1843 million shares in London and Hong Kong yesterday (23rd), involving a total of approximately HKD163 million. HSBC ... ( read original story ...)
What the Next 25 Years Hold for Hong Kong
Hong Kong past, present and future. We asked six leaders in politics, finance, and business what was their most memorable moment in the 25 years since that rainy night when the British governor ... ( read original story ...)