Hong Kong shares finished lower on Monday, dragged down by tech giants and financial names on warnings that Russia could invade Ukraine at any time and as an alarmingly high U.S. inflation reading ... ( read original story ...)
Huitongda Prices Hong Kong IPO at Bottom of Range
Huitongda Network Co., a Chinese e-commerce platform backed by Alibaba Group Holding Ltd., has raised about $284 million after pricing its Hong Kong initial public offering at the bottom of its ... ( read original story ...)
Cryptocurrency and NFT-friendly Hong Kong could be sitting on a new investor time bomb
There are also instances of front-running before the NFT is “dropped” in a public marketplace, which would be illegal if it were an IPO. Hong Kong NFT buyers emerge as targets of hackers, scammers The ... ( read original story ...)
How lack of insurance for SPAC directors threatens to derail M&A deals under Hong Kong’s new listing regime
There are only “a handful” of insurers in Hong Kong that offer D&O insurance to SPAC directors, and the premium can be five times more expensive than that charged for a traditional IPO, said Murray ... ( read original story ...)
New York set for first Chinese IPO in seven months
HONG KONG -- New York is poised to see its first initial public offering by a Chinese company in seven months amid signs the city could see a new flurry of such listings. ( read original story ...)
Hong Kong facing a health crisis as ‘COVID zero’ fails to halt tide of cases
Hong Kong: Hong Kong’s health officials warned that the city ... Besides battering its economy and threatening its status as an international financial hub, the futile policy has led to frustration ... ( read original story ...)
Hong Kong’s financial and monetary stability risks are manageable: HKSAR Financial Secretary
He noted that Hong Kong's financial and monetary stability risks are manageable facing the US interest rate hike cycle. In the past two years, every step on the fight against the epidemic has not been ... ( read original story ...)
Hong Kong Stocks Cap Biggest Post-Lunar Holiday Gain Since 2009
Hong Kong stocks posted their biggest post-Lunar New Year holiday advance since 2009, as traders played catch-up to gains in global equities and a rally in financials outweighed the impact of an ... ( read original story ...)
Hang Seng Bank (OTCMKTS:HSNGY) Reaches New 52-Week High at $21.61
Hang Seng Bank Limited (OTCMKTS ... and institutional customers in Hong Kong, Mainland China, and internationally. It operates through four segments: Wealth and Personal Banking, Commercial ... ( read original story ...)
Hong Kong NGO urges city’s finance chief to provide more support to those in need amid latest social-distancing restrictions
An advocacy group representing the underprivileged in Hong Kong has urged the city’s finance chief to allocate at least 25 per cent of gross domestic product to public expenditure ahead of his budget ... ( read original story ...)
Coronavirus: quarantine for Hong Kong care home residents, employees to be reduced to 1 week, labour chief says
Last week, Hong Kong leader Carrie Lam Cheng Yuet-ngor announced a sixth round of anti-epidemic relief funding totalling HK$26 billion and said she hoped it would be approved by lawmakers at a Finance ... ( read original story ...)
Coronavirus: Hong Kong expected to breach new threshold with more than 3,000 preliminary-positive cases, while officials ‘consider small-scale lockdowns’
Financial Secretary Paul Chan Mo-po ... The insider said there would be "further discussion" on how to enhance Hong Kong's existing "Leave Home Safe" risk-exposure app and make it more efficient for ... ( read original story ...)
Hong Kong Surge; South Korea Cases Rise to Record: Virus Update
Hong Kong’s banks will suspend operations at one in every four local branches after a number of employees were infected, the South China Morning Post reported. HSBC Holdings Plc, Standard Chartered ... ( read original story ...)
Hong Kong food supplies may be disrupted as COVID-19 hits goods drivers: Authorities
HONG KONG: Hong Kong authorities said on Sunday (Feb 13) supplies of vegetables and chilled poultry into the global financial hub may be temporarily disrupted after some mainland goods vehicle drivers ... ( read original story ...)