HSBC is facing queries from customers about its commitment to fight climate change after a senior banker downplayed the risks, sources told Reuters, with at least one large institutional investor ... ( read original story ...)
IPOs in HK raise over $82.8b after national security law: finance chief
The national security law in Hong Kong, which took effect on June 30 in 2020 following prolonged social unrest in the previous year, has further consolidated the city's role as an international ... ( read original story ...)
Hong Kong must be prepared for geopolitical risks, finance chief warns, as he hits out at US for interfering in global market
Financial Secretary Paul Chan also lauds national security law for creating safe and stable environment, with companies raising more funds through IPOs. ( read original story ...)
‘NSL strengthened HK’s role as a financial hub’
Financial Secretary Paul Chan on Sunday hailed Hong Kong’s national security law, saying it has consolidated the city’s role as an international ... ( read original story ...)
Hong Kong investors stung by stock market losses seek refuge in low-risk products, brokers say
Amid increasing market volatility, investors have turned defensive in their investment choices. Some brokerages have launched new products to meet demand for low-risk products. ( read original story ...)
Mainland and Hong Kong ETFs will join stock connect in move seen as ‘gift’ for 25th anniversary of handover
The newly announced inclusion of exchange-traded funds (ETFs) in mainland China's stock connect scheme with Hong Kong will help consolidate the city's role as a financial hub and bridge between China ... ( read original story ...)
EXCLUSIVE HSBC clients query bank on climate, one to review engagement – sources
HSBC is facing queries from customers about its commitment to fight climate change after a senior banker downplayed the risks, sources told Reuters, with at least one large institutional investor ... ( read original story ...)
Pinduoduo Beats Estimates, Hong Kong Cheers Internet Earnings, Week In Review
Alibaba HK and Baidu HK gained +12.21% and +14.26%, respectively, following their expectation-beating financial results, which we covered in yesterday’s note. This morning, following the market close ... ( read original story ...)
Greater Bay Area the next big battlefield for banks as revenues set to hit US$200 billion by 2025, HSBC executive says
HSBC plans to make inroads into the lucrative Greater Bay Area, as Hong Kong's largest lender expects banking sector revenues in the area to reach US$200 billion by 2025, according to a senior ... ( read original story ...)
Thousand of people are leaving Hong Kong — and now it’s clear where they’re going
Many global cities stand to benefit from Hong Kong’s increasing “brain drain” of talent. Here are the major metropolises that are taking the talent in. ( read original story ...)
Sequoia-Backed Growatt Weighs $500 Million Hong Kong IPO
(Bloomberg) — Growatt, a Chinese smart energy solutions company, is considering a Hong Kong initial public offering to raise as much as $500 million, according to people familiar with the matter. We ... ( read original story ...)
Hong Kong home prices reverse 3-month drop to climb 0.5% in April
Hong Kong private home prices reversed a three-month decline in April, the latest official data showed on Friday, as the financial hub stabilised after COVID ... ( read original story ...)
HSBC Buys back Over 890K Shrs in HK, London Ytd for Over $46.2M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 897,400 shares in London and Hong Kong yesterday (26th), involving a total of approximately HKD46.2077 million. HSBC repurchased ... ( read original story ...)
Hong Kong Stock Market Has Solid Lead For Friday’s Trade
(RTTNews) - The Hong Kong stock market headed south again on Thursday ... provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of ... ( read original story ...)