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Tag: banking

Posted on 06/04/2022

Hong Kong’s reputation as a financial centre hit as UK judges quit top court

Hong Kong’s reputation as an international financial centre has been damaged by the resignation of two UK judges from the city’s top court, senior businesspeople and lawyers h ... ( read original story ...)

Posted on 06/04/2022

Hong Kong’s Lam Is Leaving. Her Siege Mentality Will Stay

During her five years in office, Hong Kong came more under Beijing’s control and the wishes of the city’s residents mattered less. ( read original story ...)

Posted on 05/04/2022

Why Alibaba, Nio And Other Stocks Are Not Trading In Hong Kong Today

JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTCMKTS: TCEHY), Baidu Inc. (NASDAQ: BIDU), and other U.S.-listed Chinese tech companies — which surged in the previous session — are not trading on Tuesday ... ( read original story ...)

Posted on 05/04/2022

IPO deals in China and Hong Kong slump as omicron cases jump

Greater China overall had a 28% drop in the number of initial public offerings, although IPO activity in Hong Kong was slower compared to mainland China, data from consultancy EY showed. "Hong Kong ... ( read original story ...)

Posted on 05/04/2022

‘Too much uncertainty’: Chill descends on Hong Kong equity capital markets

Hong Kong equity fundraising has dropped to the slowest pace since the global financial crisis as economic and regulatory doubts compound concerns over Chinese companies that once drove a steady ... ( read original story ...)

Posted on 05/04/2022

How to secure your mortgage on time if you end up in Hong Kong’s mandatory quarantine

If a borrower is subject to mandatory quarantine in Hong Kong and can't get to the bank in person to complete the deal, it can be a major headache Here are three steps that might help if you end up in ... ( read original story ...)

Posted on 05/04/2022

Former HK financial chief John Tsang launches NFT project ‘Choi Yeah’

Former Hong Kong financial secretary John Tsang has plans to launch an NFT project as part of his effort to contribute to the city's startups. On 4 April, Tsang said on his Facebook that he, in ... ( read original story ...)

Posted on 05/04/2022

Asia’s IPO market bucks global slump thanks to megadeals

The Asia-Pacific market had 16% fewer IPOs during the quarter -- 188 companies -- but the proceeds rose 18% to $42.7 billion. ( read original story ...)

Posted on 05/04/2022

Asia-Pacific stocks set for opening gains; Reserve Bank of Australia rate decision ahead

Elsewhere, Australia stocks also appeared set for a higher start. The SPI futures contract sat at 7,528, against the S&P/ASX 200's last close at 7,513.70. The Reserve Bank of Aust ... ( read original story ...)

Posted on 05/04/2022

U.S.-Bound China IPO Train Could Resume by Summer, Latest Signals Show

A few small IPOs are floating up in the headlines as we kick off the new week, signaling spring could finally be near for the stalled train of Chinese companies listing in the U.S. The latest filings ... ( read original story ...)

Posted on 05/04/2022

Hong Kong Internet Stocks Cheer Proposed CSRC Rule Change

China’s SEC, issued a “Notice on Public Solicitation of Comments on the “Provisions on Strengthening the Confidentiality and Archives Management Work Related to the Overseas Issuance and Listing of ... ( read original story ...)

Posted on 04/04/2022

Are Hong Kong tax incentives for family offices ‘too little, too late’? Some lawmakers think so

It maybe too late as Singapore has offered tax waivers since 2020, lawmaker for accountancy constituency says Financial services, liquid capital market connected to China make Hong Kong 'natural ... ( read original story ...)

Posted on 04/04/2022

IPO market off to a slow start in 2022 but is set to rebound, KPMG analysis finds

The Hong Kong IPO market has started quietly this year as geopolitical issues and economic uncertainties prevail globally amid supply chain bottlenecks and interest rate hikes. The escalation of the ... ( read original story ...)

Posted on 04/04/2022

Chinese tech stocks in Hong Kong jump as Hang Seng index rises 2%

Hong Kong's Hang Seng index led gains among the major Asia-Pacific markets on Monday as Chinese tech stocks in the city jumped. Markets in mainland China are closed on Monday and Tuesday this week for ... ( read original story ...)

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