(RTTNews) - The Hong Kong stock market on Friday snapped the two-day winning streak in which it had climbed more than 470 points or 1.8 percent. The Hang Seng Index now sits just beneath the ... ( read original story ...)
China’s central bank to issue 10 billion yuan of bills in Hong Kong
China's central bank plans to issue 10 billion yuan (US$1.53 billion) worth of bills in Hong Kong on Wednesday (Dec 23). ( read original story ...)
Hong Kong art and collectibles platform Oriental Culture hopes Nasdaq IPO will burnish its image, give sector credibility
The government should grow Hong Kong as a hub for Chinese artefacts such as vintage stamps and Kweichow Moutai spirits, CEO of art and collectibles platform Oriental Culture says. ( read original story ...)
Hong Kong finance chief issues budget warning, says unemployment could rise if Covid-19 fourth wave not under control
Financial Secretary warns of possible rise in unemployment if fourth wave of coronavirus is not brought under control. ( read original story ...)
An epic year of market events shook China, Hong Kong and Taiwan
China, Hong Kong and Taiwan’s economies were among the first to suffer from the virus pandemic. They were also home to some of the most dramatic events in global financial markets this year. ( read original story ...)
The Changing Status of Hong Kong as a Global Financial Center
In this op-ed, Mark Preen discusses why Hong Kong is attractive when compared to alternative financial centers, due to its access to the Chinese market. ( read original story ...)
Nikkei 225 dips as investors react to Bank of Japan rate decision in a mixed Asia-Pacific session
The Bank of Japan on Friday announced a six month extension in the duration of its special program aimed at easing corporate financing pressures. ( read original story ...)
Hong Kong stock exchange to see record yearly IPO fund-raising since 2010
HONG KONG, Dec. 17 (Xinhua) -- Hong Kong Exchanges and Clearing Limited (HKEX) is expected to record its best year in terms of IPO fund-raising this year since 2010, reinforcing Hong Kong's status as ... ( read original story ...)
Hong Kong Sevens ‘makes no commercial sense’ unless at least 50 per cent of stadium is filled, says Rugby Union boss
Hong Kong Rugby Union CEO Robbie McRobbie ‘disappointed but relieved’ after World Rugby agrees to postpone marquee event, but says competing teams were ‘desperate’ to travel to the city had event gone ... ( read original story ...)
WeDoctor Close to Raising $350 Million Ahead of IPO
WeDoctor is close to raising $350 million ahead of a planned initial public offering that’s been complicated by the departure of Chief Financial Officer John Cai, who joined this year to spearhead the ... ( read original story ...)
Additional Support Expected For Hong Kong Shares
BOC Hong Kong gained 0.82 percent, China Mengniu Dairy rose 0.81 percent, China Petroleum and Chemical (Sinopec) increased 0.58 percent, China Mobile was up 0.57 percent, China Life Insurance fell ... ( read original story ...)
‘Made in Hong Kong’ prestige provides springboard for retailers Watsons, Sa Sa to find success in Greater Bay Area
Sa Sa, meanwhile, has introduced a credit card with Bank of China that offers a special discount for shopping in its bay area shops. Excluding Macau and Hong Kong, the bay area has a population of 63 ... ( read original story ...)
Hong Kong security chief says fugitive ex-lawmaker ‘hypocritical and cowardly’, freezing of bank accounts not tied to jumping bail
John Lee’s statements at Legco on Wednesday accompanied news that Ted Hui’s district councillor salary was frozen on news of his self-exile. ( read original story ...)
The freezing of Ted Hui’s assets proves HSBC is now an accessory to the Hong Kong national security law
Hong Kong authorities are using HSBC to impose financial sanctions on pro-democracy figures and silence opposition. This is categorically ... ( read original story ...)