The Hong Kong Exchange (HKEX) revealed on Tuesday its plans to launch “Diamond,” a trading platform to pilot digital assets in 2022. See related article: China’s e-CNY pilot to boost Hong Kong as ... ( read original story ...)
Ferretti navigates choppy markets to launch €890mn Hong Kong IPO
Italian yachtmaker Ferretti shelved its planned Milan listing at the last minute. It is now going public in Hong Kong — a nod to its main shareholder, ... ( read original story ...)
State Street Dropped as Manager of Hong Kong’s Biggest ETF
Hong Kong appointed a Hang Seng Bank Ltd. unit to manage the city’s largest exchange traded fund, replacing State Street Corp. after the U.S. firm became embroiled in a controversy over sanctioned ... ( read original story ...)
Russian freighter flown to U.S. after BOC Aviation granted order to repossess
A Boeing 747-8 freighter that BOC Aviation Ltd leased to Russia's AirBridgeCargo has flown from Hong Kong to California, according to FlightRadar24, after a U.S. judge signed an order allowing the ... ( read original story ...)
Hong Kong-based PAG raises private equity IPO bar
At a mooted $15 bln, the Blackstone-backed buyout shop would be valued at 30% of managed assets. Although a rich premium to U.S. peers like TPG, it’d be on par with recent deals involving Asian rivals ... ( read original story ...)
Hong Kong banks gradually reopen branches as Covid-19 cases decline rapidly in the city
From April 1, HSBC will keep 48 of its branches open from Monday to Friday, instead of three days a week at present More than 600 of the 1,200 retail bank branches in Hong Kong were temporarily closed ... ( read original story ...)
Tracker Fund names Hang Seng to run Hong Kong’s biggest exchange-traded fund, ending State Street’s mandate
A seven-member supervisory committee chaired by George Hongchoy Kwok-lung named Hang Seng as the winner of a tender to manage TraHK State Street remains the trustee of TraHK, even if Hang Seng has the ... ( read original story ...)
Asia-focused PAG files for Hong Kong IPO seen hitting $2bn
Asia-focused alternative investment company PAG has filed for an initial public offering in Hong Kong that could raise $2 billion in one of the largest listings in the city this year. ( read original story ...)
Hong Kong’s Biggest ETF Gets New Manager as State Street Removed
Hong Kong named a Hang Seng Bank Ltd. unit the manager of its HK$112.79 billion ($14.4 billion) Tracker Fund, replacing State Street Corp. after the U.S. firm last year became embroiled in a ... ( read original story ...)
Hong Kong replaces State Street as manager of largest ETF
A supervisory body of Hong Kong’s central bank has decided to replace a unit of State Street Corp as manager of the territory’s largest exchange-traded fund of more than $14 billion, the first such ... ( read original story ...)
Hong Kong trading and IPOs hurt by geopolitics, says bourse CEO
A "fragile" geopolitical environment has created challenges for its commodities business, especially nickel, the bourse's CEO said on Tuesday. ( read original story ...)
How banks digitalise services to embrace Hong Kong residents’ needs during Covid-19 pandemic
Strict safety rules, including social distancing, spark surge in demand for internet banking, with banks, such as HSBC, at forefront of innovation to serve customers who want to bank from home ... ( read original story ...)
Geopolitics has hurt trading and IPOs in Hong Kong, says bourse CEO
A "fragile" geopolitical environment has slowed trading volumes and initial public offerings on the Hong Kong stock exchange and created challenges for its commodities business, especially nickel, the ... ( read original story ...)
10 Hong Kong Dividend Stocks to Buy Now
In this article, we discuss 10 Hong Kong dividend stocks to buy now. If you want to see some more stocks in this selection, go directly to 5 Hong Kong Dividend Stocks to Buy Now. After a deep ... ( read original story ...)