Tag: banking

Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering (IPO) in Hong Kong because of lukewarm investor interest, said ... ( read original story ...)

Hong Kong will scrap its quarantine rules for locally based airline crew from tomorrow, the government said, a key step in unwinding draconian Covid-19 rules which have isolated the Asian financial ... ( read original story ...)

Chinese stocks broke a streak of downward pressure, but property developers face a troubled economy where 'only the fittest can survive.' ... ( read original story ...)

Investors are digesting more hawkish comments from Powell as well as Chinese inflation data for August, which came in lower than July. ( read original story ...)

HONG KONG (Reuters) -Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering (IPO) in Hong Kong because of lukewarm ... ( read original story ...)

Hong Kong stocks edged up in the first few minutes of business on Friday following an advance on Wall Street as traders prepare for further central ... ( read original story ...)

China Aviation Lithium Battery (CALB), the country’s third-largest electric vehicle (EV) battery maker, won approval from the Hong Kong stock exchange’s listing committee on Thursday for a share sale ... ( read original story ...)

Principal Financial Group is considering selling its pension fund business in Hong Kong — a move that would help streamline its portfolio. ( read original story ...)

Lenders of struggling Chinese developer Evergrande Group have appointed a receiver this week to seize its Hong Kong headquarters, two sources said, as the world's most indebted developer struggles to ... ( read original story ...)

Global stock benchmarks mostly rose Thursday as investors closely watched a European central bank meeting and sought to juggle concerns about inflation and recession. France's CAC 40 rose 0.1% to ... ( read original story ...)

Financial Secretary Paul Chan disclosed the plan to introduce a 'one stock, two currencies' option in his blog last weekend The daily turnover on the southbound link of the Stock Connect averaged US$5 ... ( read original story ...)

... Cha Shih May-lung on Wednesday said that opportunities in the Greater Bay Area can help Hong Kong to beat Singapore. Separately, Secretary for Financial Services and the Treasury Christopher Hui ... ( read original story ...)

Chinese snack maker Weilong Delicious Global Holdings Ltd. is weighing kicking off its long-awaited Hong Kong initial public offering, which could raise about $500 million, as soon as October, ... ( read original story ...)

Principal Financial Group Inc. is considering selling its pension fund business in Hong Kong, people familiar with the matter said, a move that would help the US financial services firm streamline its ... ( read original story ...)