Goldman Sachs Group Inc. and Bank of America Corp. were left off Ant Group’s upcoming stock sale in Hong Kong because of their past work with rivals of its affiliate Alibaba, according to people ... ( read original story ...)
Hong Kong Stock Market May Find Traction On Monday
The Hong Kong stock market has finished lower in two straight sessions, sliding almost 290 points or 1.3 percent along the way. The ... ( read original story ...)
Goldman, BofA Left Off Ant IPO After Working for Alibaba Rivals
Goldman Sachs Group Inc. and Bank of America Corp. were left off Ant Group’s upcoming stock sale in Hong Kong because of their past work with rivals of its affiliate Alibaba, according to people ... ( read original story ...)
Hong Kong third wave: Financial Secretary Paul Chan warns government handouts won’t last, even as Covid-19 piles more pressure on economy
Economic conditions likely to be even tougher in third quarter if Covid-19 crisis endures, Paul Chan says. He warns against long-term reliance on endless government relief measures, looks to Greater ... ( read original story ...)
UPDATE 1-Hong Kong’s mom-and-pop investors squeeze funds as IPOs sizzle
As Hong Kong's stock market prepares for billions of dollars in sales of new shares, global fund managers have a big challenge - competing with the city's army of mom-and-pop investors for a slice of ... ( read original story ...)
Hong Kong’s mom-and-pop investors squeeze funds as IPOs sizzle
As Hong Kong's stock market prepares for billions of dollars in sales of new shares, global fund managers have a big challenge - competing with the city's army of mom-and-pop investors for a slice of ... ( read original story ...)
HSBC treads a fine line between angering China and alienating the west
The bank’s support for Hong Kong laws will see boss Noel Quinn in a tricky spot this week as he reveals its latest results ... ( read original story ...)
REFILE-Hong Kong’s mom-and-pop investors squeeze funds as IPOs sizzle
As Hong Kong's stock market prepares for billions of dollars in sales of new shares, global fund managers have a big challenge - competing with the city's army of mom-and-pop investors for a slice of ... ( read original story ...)
Think About Buying the Hong Kong IPO Didi Chuxing
Didi Chuxing may do an IPO in Hong Kong, as early backer Softbank seeks an exit to raise cash for its Vision Fund 2. ( read original story ...)
US-China rivalry hinders a struggling HSBC
HSBC has suffered an absolutely torrid few months. As it gears up to announce what are likely to be a rocky set of interim results at 5am London time (12 noon Hong Kong) on Monday August 3, it’s worth ... ( read original story ...)
Hong Kong bank deposits expand by US$29 billion in June, biggest jump in over two years as hot money chases JD.com, NetEase mega IPOs
There had been rumours of capital flight from Hong Kong because of worsening relations between the US and China, and social unrest that dominated much of last year. HKMA to co-pay new hires in banking ... ( read original story ...)
Hong Kong’s mom-and-pop investors squeeze funds as IPO sizzle
As Hong Kong's stock market prepares for billions of dollars in sales of new shares, global fund managers have a big challenge - competing with the city's army of mom-and-pop investors for a slice of ... ( read original story ...)
Exclusive: SenseTime eyes STAR market IPO after $1.5 billion fundraising – sources
Chinese start-up SenseTime is considering an initial public offering (IPO) on China's tech-focused STAR market after its latest fundraising that will value the company at $10 billion, three people ... ( read original story ...)
TikTok owner ByteDance may reportedly scrap plans for a blockbuster global IPO and just list its Chinese business at home instead
TikTok owner ByteDance is considering scrapping a global IPO in favor of a listing of just its Chinese business, Reuters reported Friday. The ... ( read original story ...)