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Tag: banking

Posted on 07/12/2021

Hong Kong stocks jump from 14-month low as China set to inject US$188 billion of liquidity to revive growth

China's central bank announced a cut in banks' reserve-requirement ratio with effect from December 15, set to unleash US$188 billion of liquidity into the system Alibaba Group posts in one of the ... ( read original story ...)

Posted on 07/12/2021

Hong Kong IPOs’ Promising December Is Starting to Look Rocky

December was expected to show the return of major initial public offerings (IPOs) to Hong Kong after months marked by a drought of big deals, but plans are changing fast and not in a good way. China ... ( read original story ...)

Posted on 07/12/2021

The List of Concerns Over China’s Stocks Is Getting Longer. Here’s Why.

Investors are monitoring a number of issues in China that range from Alibaba's management reshuffle to confusion over delistings. ( read original story ...)

Posted on 07/12/2021

Hong Kong IPOs’ Promising December Is Starting to Look Murky

December was expected to show the return of major initial public offerings to Hong Kong after months marked by a drought of big deals, but plans are changing fast and not in a good way. Most Read from ... ( read original story ...)

Posted on 07/12/2021

Hong Kong warns Wall Street Journal of ‘incitement’ in editorial

Hong Kong has long served as a regional media hub, though it has tumbled down press freedom rankings in recent years as Beijing asserts greater control over the city. ( read original story ...)

Posted on 07/12/2021

Hong Kong Successfully Hosts the 18th World Congress of Chinese Medicine for the First Time

HONG KONG SAR - Media OutReach - 6 December 2021 - The 18th World Congress of Chinese Medicine (WCCM), one of the world's largest academic events in the field of Traditional Chinese Medicine ... ( read original story ...)

Posted on 07/12/2021

Hong Kong’s Hang Seng drops nearly 2% as tech shares fall; investors monitor bitcoin volatility

Chinese stocks fell in afternoon trading on Monday, while investors monitored bitcoin prices after they dropped sharply over the weekend. Oil prices jumped during Asia trade. Hong Kong’s Hang Seng ... ( read original story ...)

Posted on 07/12/2021

Beijing, Hong Kong firms sign investment deals worth $8.8 billion

Enterprises in Beijing and the Hong Kong Special Administrative Region (SAR) signed 11 agreements at the 24th Beijing Hong Kong Economic Cooperation Symposium held on Monday. The overall investment ... ( read original story ...)

Posted on 06/12/2021

Hong Kong’s ESG bond issuance quadruples to almost US$35 billion as city takes shape as Asia’s hub for green finance

ESG-related debt, also called sustainable bonds, are fixed-income financial products that raise capital for the purpose of financing projects that have environmental or social benefits. ( read original story ...)

Posted on 06/12/2021

Hong Kong stocks suffer another sell-off as Alibaba drags Chinese tech lower while Omicron, Evergrande stoke risk aversion

Hong Kong stocks fell to more than 14-month low as Alibaba Group Holding slumped amid a management reshuffle. The spread of Omicron variant and concerns about growing debt default risk among Chinese ... ( read original story ...)

Posted on 06/12/2021

Hong Kong Market extends losses; Tech leads decline

At closing bell, the benchmark Hang Seng Index fell 1.76%, or 417.31 points, to 23,349.38. The Hang Seng China Enterprises Index dropped 2.14%, or 180.68 points, to 8,274.77. ( read original story ...)

Posted on 06/12/2021

Tinder, Bumble, how about CrossFit? Hong Kong couples share love stories related to fitness, not dating apps

Sport has become a popular place for couples to meet as people gravitate away from dating apps in favour of more meaningful connections. ( read original story ...)

Posted on 06/12/2021

Alibaba shares slide in Hong Kong after it overhauls e-commerce businesses, appoints a new financial chief

The Chinese e-commerce giant is up against increased competition, a slowing economy and a regulatory crackdown. ( read original story ...)

Posted on 06/12/2021

Alibaba Stock Falls in Hong Kong as E-Commerce Giant Shakes Up Management

Maggie Wu, who played an instrumental role in the public listings of Alibaba (ticker: BABA) in both New York and Hong Kong, will depart as chief financial officer in April 2022, to be replaced by Toby ... ( read original story ...)

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