All civil servants in Hong Kong are to declare allegiance to the city in one go, Secretary for Civil Service Patrick Nip announced on Thursday. He said that pledging loyalty was a “basic requirement” ... ( read original story ...)
Hong Kong stocks favoured by mainland Chinese investors who invade market with US$77 billion of purchases
Many mainland Chinese may have given Hong Kong a miss amid travel restrictions. They are, however, invading the local stock market in search for higher returns. Onshore investors have snapped up ... ( read original story ...)
Evergrande Unit Poised to Price Hong Kong IPO at HK$8.80
China Evergrande Group’s property management arm is set to price the Hong Kong initial public offering of Evergrande Property Services Group Ltd. at HK$8.80 per share, below the mid-point of a ... ( read original story ...)
Evergrande Property’s Hong Kong IPO meets with lukewarm reception, raises $1.8 billion
Evergrande Property Services Group's Hong Kong IPO priced at the lower end of expectations to raise $1.8 billion, three sources said, the tepid demand underscoring concerns about the financial health ... ( read original story ...)
Hang Seng Bank (OTCMKTS:HSNGY) Share Price Crosses Above Fifty Day Moving Average of $15.86
Hang Seng Bank Limited (OTCMKTS:HSNGY) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $15.86 and traded as high as $17.89. Hang ... ( read original story ...)
Breakingviews – Lowly Europe bank values will outlast dividend ban
The decision to ban Europe’s banks from paying dividends this year is a strong candidate for the most maligned regulatory edict of recent years. Supervisors stopped payouts in an attempt to preserve ... ( read original story ...)
Evergrande Property’s Hong Kong IPO meets with lukewarm reception, raises US$1.8bil
Evergrande Property Services Group's Hong Kong IPO priced at the lower end of expectations to raise $1.8 billion, three sources said, the tepid demand underscoring concerns about the financial health ... ( read original story ...)
Hong Kong’s economy has ‘bottomed out’ and is set to recover, says economist
There may be some reprieve for Hong Kong’s economy after two years of anemic growth, according to Hao Zhou, a senior emerging markets economist at Commerzbank. The third quarter this year was Hong ... ( read original story ...)
HSBC Shares Surge on Dividend Bets as Turnaround Gains Steam
HSBC Holdings Plc shares surged as much as 8% in Hong Kong trading on optimism Europe’s biggest lender may soon resume paying dividends as a turnaround gathers speed. The shares rose 6.5% to HK$42.35 ... ( read original story ...)
HSBC Life Hong Kong announces Two Senior Appointments to Strengthen its Market-Leading Position and Growth its Health Propositions
HSBC Life has announced two senior appointments in Hong Kong to support its growth agenda while enhancing its ability to bring a multi-channel differentiated health and wellness proposition for ... ( read original story ...)
JD Unit Seeks up to $3.5 Billion in Asia’s Biggest Health IPO
JD Health International Inc. is looking to raise as much as $3.5 billion in its Hong Kong initial public offering in what would be Asia’s biggest health-care listing on record. ( read original story ...)
JD Health IPO Adds to Hale and Hearty Hong Kong Market
Hong Kong is having a standout year for stock listings, despite political turmoil and the derailment of the world’s largest initial public offering. ( read original story ...)
JD Health plans to raise $4.7 billion in Hong Kong’s biggest IPO this year
Popularity of China's healthcare platforms has surged in the wake of the coronavirus.. Read more at straitstimes.com. ( read original story ...)
China Resources Land’s property management unit launches US$1.6 billion IPO in Hong Kong
Property management unit of China Resources Land is the latest in a list of mainland companies hoping to raise funds on the city’s stock exchange. ( read original story ...)