China's recent crackdowns on overseas listings have thrown a wrench in the works of start-ups looking to go public, driving them to pursue investors in Asia's rapidly growing private capital markets. ( read original story ...)
Hong Kong’s Hang Seng index surges 2% as Chinese tech stocks bounce; SoftBank Group shares soar more than 5%
By Wednesday in the city, the Hang Seng index in Hong Kong soared 1.97% as Chinese tech stocks bounced back from their Tuesday losses. Shares of SoftBank Group surged more than 5% after the Japanese ... ( read original story ...)
Record Hong Kong Cases; New York to End Mask Rule: Virus Update
In New Zealand, anti-vaccine mandate protests were held for a second day. New York and Illinois will lay out plans Wednesday to phase out some mask mandates, according to media reports. Virus Tracker: ... ( read original story ...)
DBS Bank Ltd., Hong Kong Branch — Moody’s affirms all ratings and assessments of DBS Bank and DBS Group with stable outlooks
Moody's affirms all ratings and assessments of DBS Bank and DBS Group with stable outlooksGlobal Credit Research - 09 Feb 2022Singapore, February 09, 2022 -- Moody's Investors Service has today ... ( read original story ...)
A hacked Hong Kong payment card costs around HK$156 on the dark web
That is why the most expensive cards come from countries with a higher quality of life or poorer bank security measures,” says Marijus Briedis. A total of 399,537 payment cards found hacked belonged ... ( read original story ...)
Bank of America reportedly plans to move staff to Singapore amidst HK’s pandemic control measures
Bank of America has started plans of relocating staff from Hong Kong to Singapore due to the city's COVID-19 control measures, said multiple media reports. ( read original story ...)
China unicorns facing IPO freeze tap $322.8b private market
China's recent crackdowns on overseas listings have thrown a wrench in the works of startups looking to go public, driving them to pursue investors in Asia's rapidly growing private capital markets. . ( read original story ...)
Hong Kong Shares Tipped To Bounce Higher On Wednesday
The Hong Kong stock market on Tuesday wrote a finish to the two-day winning streak in which it had jumped almost 800 points or 3.3 percent. The Hang Seng Index now sits just beneath the 24,330-point ... ( read original story ...)
Coronavirus: Hong Kong’s domestic football season thrown into disarray as social-distancing measures tightened and extended
Already three rounds of 12 BOC Life Premier League matches ... The main round will start in May with another Hong Kong side, Eastern, in the group. "There may a chance the group stage of the two ... ( read original story ...)
XPeng Announces Inclusion of Its Shares in the Shenzhen-Hong Kong Stock Connect Program
XPeng Inc. ("XPeng" or the "Company," NYSE: XPEV, HKEX: 9868), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that the Company’s Ordinary Shares, which trade on The ... ( read original story ...)
Hong Kong to report at least 1,160 daily COVID cases – TVB
Hong Kong is due to report at least 1,160 daily COVID-19 cases on Wednesday, a new record for the global financial hub that has been struggling to contain an outbreak of the Omicron variant, ... ( read original story ...)
Asian stocks up boosted by rally in Hong Kong tech index; US futures rise as S&P, Nasdaq indices close higher
An Asia-Pacific share gauge jumped 1% to a two-week high, helped by Japan and a rally in a Hong Kong technology index ... A dollar gauge fluctuated. Meanwhile, the Bank of Japan chose not to deviate ... ( read original story ...)
US seizes record US$3.6 billion in bitcoin stolen from Hong Kong exchange
Ilya Lichtenstein and his wife, Heather Morgan, were arrested in New York for allegedly seeking to launder the proceeds of the 2016 Bitfinex hack. ( read original story ...)
CULines readies Hong Kong IPO
China United Lines (CULines), one of the fastest growing container carriers during the pandemic, is gearing up for a listing on the Hong Kong Stock Exchange. CULines has expanded dramatically over the ... ( read original story ...)