Tag: banking

Hong Kong's Hang Seng index dropped 3.81% by the afternoon, with Chinese tech stocks in the city taking a beating. ( read original story ...)

China locked down Shenzhen for at least a week amid its rising Covid-19 infections, suspending public transport on Monday, while Shanghai and the northeastern province of Jilin are battling worsening ... ( read original story ...)

Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Monday and dragged the benchmark Hang Seng Index sharply lower for a second straight day amid worries about ... ( read original story ...)

Shares in Asia-Pacific were mixed in Monday morning trade. Investors will continue to monitor developments around the Russia-Ukraine war and Covid wave in China, both of which threaten to further ... ( read original story ...)

Hong Kong stocks opened sharply lower on Monday morning, tracking another big selloff on Wall Street with tech firms taking another hit over concerns ... ( read original story ...)

China's leading ride-hailing company Didi Global has put plans to list in Hong Kong on hold, a report said on March 11, as it struggles to appease Beijing over its handling of user data. The company, ... ( read original story ...)

Proposal by Chan at recent budget address is under fire from landlords and developers, who say they will run into cash-flow problems if tenants delay payment Financial secretary points out that ... ( read original story ...)

The overall risks of the war between Ukraine and Russia on Hong Kong are manageable, but the city remains “highly vigilant” for any possible impact on financial markets, Financial Secretary Paul Chan ... ( read original story ...)

Insilico Medicine, a Hong Kong-based artificial intelligence (AI) biotechnology company, hopes to add momentum to the city’s health technology industry with the development of its AI-discovered drug. ( read original story ...)

Mark Peaker started skiing when he was six and became a ski instructor in Zermatt, Switzerland, before starting a career in banking in Thatcher's Britain That took him to Hong Kong, where he met his ... ( read original story ...)

As increasing numbers of international citizens and businesspeople ditch Hong Kong over its pandemic handling and head for Singapore, more needs to be done to win the virus fight and stop the exodus ... ( read original story ...)

Ron Sim has revamped his privately held V3 Group into three core businesses after its consumer brands segment revived plans to list on the Hong Kong bourse. ( read original story ...)

Life insurance sales in Hong Kong jumped 25 per cent last year, the highest since 2016, after insurers bolstered staff numbers by recruiting flight attendants laid off amid the Covid-19 pandemic. ( read original story ...)

Chinese conglomerate Dalian Wanda Group Co. has put a planned Hong Kong initial public offering for its shopping mall unit on hold, according to people familiar with the matter. Zhuhai Wanda ... ( read original story ...)