Local stocks took a breather as Meituan and Alibaba dragged tech stocks lower before a public holiday on Friday. Strong US economic data heightened concerns about more rate increases ahead. ( read original story ...)
Hong Kong Quarantine Backtrack Stokes Fears of Covid Zero Return
Hong Kong’s revival of mandatory centralized quarantine for people linked to cases of new omicron sub-variants raises fresh concerns from the business community over the city’s reputation as a ... ( read original story ...)
Wunderman Thompson Hong Kong and HSBC empower young millennials to go on a MEvolution
Wunderman Thompson Hong Kong and HSBC One have partnered again following the success of their “Say Goodbye to Investment A0” campaign, to launch this digital-led campaign empowering young millennials. ( read original story ...)
Wego Group Said to Tap Banks for Dialysis Unit Hong Kong IPO
China’s Wego Group has selected advisers for a Hong Kong initial public offering of its dialysis unit, according to people familiar with the matter.Most Read from BloombergElon Musk’s Ultimatum to ... ( read original story ...)
WM Motor eyes $1 billion IPO, report says
EV starup WM expects to launch a total of 5 EVs by 2022, targeting China’s young and tech-savvy users, particularly families ... ( read original story ...)
HSBC Buys back Over 3.09M Shrs in HK, London Ytd for $162M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.0929 million shares in London and Hong Kong yesterday (1st), involving a total of approximately HKD162 million. HSBC repurchased ... ( read original story ...)
HSBC plans $448 million investment in Chinese business – Xinhua
HONG KONG (Reuters) -HSBC Holdings plans to invest more than 3 billion yuan($448 million) in its Chinese operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges ... ( read original story ...)
Unlike the rest of the world, Hong Kong isn’t suffering from a rise in energy prices: DBS Bank
Sebastian Paredes of the bank explains why inflation remains relatively low in Hong Kong. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ... ( read original story ...)
Hong Kong brokerage Zhong Yang stock rockets over 200% following $25M US IPO
Hong Kong-based online brokerage Zhong Yang Financial Group (TOP) saw its shares rocket over 200% following its $25M US initial public offering on Wednesday. Shares opened at $25, dropping to a ... ( read original story ...)
Wego Group Said to Pick Banks for Dialysis Unit Hong Kong IPO
China’s Wego Group has selected advisers for a Hong Kong initial public offering of its dialysis unit, according to people familiar with the matter.Most Read from BloombergReady to Buy a House? Just W ... ( read original story ...)
Ant Group-backed smart vending machine start-up Ubox seeks Hong Kong IPO after failing to list in A-shares market
Beijing Ubox Online Technology Corp, which posted over US$204 million in losses over the past two years, had been working for more than four years to list on the A-shares market, but withdrew its IPO ... ( read original story ...)
HSBC plans US$448 million investment in Chinese business: Report
HSBC Holdings plans to invest more than 3 billion yuan (US$448 million) in its Chinese operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges for the economy ... ( read original story ...)
HSBC to invest 3 bln yuan in Chinese business – Xinhua
HONG KONG, June 1 (Reuters) - HSBC Holdings (HSBA.L) plans to invest more than 3 billion yuan($448 million) in its China operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he ... ( read original story ...)
Hong Kong shares fall amid lingering worries about China’s economy
China's financial hub Shanghai sprung back to life on Wednesday after two months of bitter isolation under a ruthless COVID-19 lockdown. ( read original story ...)