British firm Mishcon de Reya will open an office in Hong Kong in partnership with local law firm Karas LLP to handle high-profile corporate disputes, the firm announced Tuesday. ( read original story ...)
Hong Kong govt to wind up Next Digital media group
Hong Kong's Financial Secretary Paul Chan has presented a petition to the Court of First Instance to wind up Next Digital Ltd (NDL), the media group owned by jailed tycoon Jimmy Lai. Next Digital was ... ( read original story ...)
Standard Chartered: Hong Kong’s role as a global financial centre grows ever stronger
At two recent industry conferences, representatives of Standard Chartered shared their views on how Hong Kong could leverage its unique position to grasp strategic opportunities as the GBA and Belt ... ( read original story ...)
Evergrande crisis: Hong Kong banks can handle stress as they have little exposure to troubled Chinese developer, source says
Hong Kong's banking sector can withstand the crisis surrounding China Evergrande Group, as local lenders have little exposure to the troubled mainland developer, thanks to repeated warnings from the ... ( read original story ...)
No sign of significant outflows from Hong Kong’s banking system: official report
There was no sign of significant capital outflows from Hong Kong's banking system over the past six months, an official report said Wednesday. The Hong Kong Monetary Authority (HKMA) said total ... ( read original story ...)
Hong Kong Passes Tougher Anti-Doxxing Bill That Spooked Big Tech
Hong Kong has strengthened its laws banning the publication of personal information to harass people, or “doxxing,” the latest move in a security campaign that has spooked tech giants in the Asian ... ( read original story ...)
HKEX, HSBC back ‘mBridge’ digital currency project involving central banks of Hong Kong, China, Thailand and UAE
Hong Kong’s financial community lends its support to a sovereign digital currency project, saying they are ready to test cross-border financial payments using blockchain. ( read original story ...)
Bumpy debut mars $1.2bn Hong Kong IPO of DRC Bank
Shares of Dongguan Rural Commercial Bank closed higher after a volatile debut in Hong Kong thanks to a rally in the final 25 minutes of trading. The wild start, after a series of other initial public ... ( read original story ...)
Hong Kong stocks retreat as China rejects extraordinary monetary stimulus while manufacturers raise alarm on power crisis
Hong Kong stocks snap a two-day advance as PBOC pledges to sustain ‘normal’ monetary conditions. China Evergrande jumps after an asset-sale plan to trim its debt load. ( read original story ...)
Dongguan Rural Commercial Bank, Transcenta Weaken in Hong Kong Debut
By Clarence Leong Shares of two Chinese companies slumped at their Hong Kong market debut on Wednesday, mirroring weak sentiment recently among global ... ( read original story ...)
Shanghai, Hong Kong stocks fall on overnight Wall Street losses, China power crunch
Shanghai and Hong Kong shares dropped on Wednesday, tracking overnight Wall Street losses and hit by China's worsening power crunch, as investors exited Chinese stocks vulnerable to factory shutdowns ... ( read original story ...)
Property, tech stocks lift Hang Seng as China vows to maintain a healthy real estate market amid distress signs
Hong Kong stocks rose for the second day, buoyed by a rally in real estate developers, after China’s central bank pledged to ensure a healthy property market amid concerns about the fallout from ... ( read original story ...)
Alibaba, JD And Nio Rivals Xpeng, Li Auto All Decline As Hong Kong Markets Extend Losses
JD.Com Inc. (NASDAQ: JD), Xpeng Inc. (NYSE: XPEV), Li Auto Inc. (NASDAQ: LI), Tencent Holdings Limited (OTC: TCEHY) and ... ( read original story ...)
South Korea Is Beating Hong Kong in IPO Proceeds This Quarter
South Korea’s market for initial public offerings has been on fire in the third quarter, with record proceeds that are set to surpass Hong Kong’s for the first time since 2017.Most Read from ... ( read original story ...)