Tag: banking

Hong Kong has received the first access to financial audits from mainland Chinese companies, an issue that has vexed relations between the U.S. and China and threatens to lead to the delisting in New ... ( read original story ...)

First-day gains in the city’s debuts have bested New York’s this year for only the second time in a decade. Rallying stocks help, but JD Health’s 56% jump suggests a more dynamic market following a ... ( read original story ...)

The Hong Kong stock market on Wednesday ended the two-day slide in which if had fallen more than 530 points or 2 percent. The Hang Seng Index now sits just above the 26,500-point plateau although it ... ( read original story ...)

Bankers have for years told investors and corporate clients not to expect big first-day gains in Hong Kong like those New York is renowned for. This is no longer true after a series of eye-popping ... ( read original story ...)

U.S. equity markets surrendered their early gains Wednesday as traders digested a setback in COVID-19 relief talks and the pending approval of a vaccine which could come as early as tomorrow. ( read original story ...)

Shares of JD Health, China’s leading digital health-services platform, are up about 60% two days after its market debut in Hong Kong. ( read original story ...)

Hong Kong shares ended higher on Wednesday, tracking bullish sentiment in the region buoyed by Britain's COVID-19 vaccine rollout and other positive news related to the vaccine. ( read original story ...)

The Hong Kong stock market has finished lower in two straight sessions, sinking more than 530 points or 2 percent along the way. The Hang Seng Index now sits just above the 26,300-point plateau ... ( read original story ...)

JD Health shares rallied throughout the day, hitting an intra-day high of 123.3 Hong Kong dollars — or as high as 75% from the offer price. ( read original story ...)

Asian equities were mostly off on plunging/light volumes. Taiwan outperformed while Korea took a hit after yesterday’s strong performance. The Hang Seng was off by -0.76% on US-China political ... ( read original story ...)

Hong Kong police moves to freeze the accounts of several people linked to pro-democracy protests is prompting some residents to shift part of their savings overseas, bankers and lawyers said. Banks ... ( read original story ...)

At least three HSBC accounts related to a Hong Kong church that helped pro-democracy protesters during last year's unrest have been frozen, its pastor said Tuesday, the British bank's second ... ( read original story ...)

JD Health International Inc.’s $3.5 billion float already made it Hong Kong’s largest initial public offering of the year. Now, the company is set to add another notch on its belt: having the ... ( read original story ...)

China and Hong Kong shares extended declines on Tuesday, dragged down by financial and transport firms, as Sino-U.S. tensions continued to weigh on the market. HK->Shanghai Connect daily quota used 5. ( read original story ...)