Tens of billions of dollars in household savings from mainland China could flow into Hong Kong starting next month as the latest cross-border financial services link opens. The Hong Kong Monetary ... ( read original story ...)
China Wealth Connect With Hong Kong to Kick Off Next Month
A long-awaited program to allow investments for private wealth between Hong Kong and mega-cities in China’s southern region will open for cross-border flows as soon as next month. Wealth Management ... ( read original story ...)
Hong Kong Internet Stocks Rally, Biden-Xi Phone Call Lifts Sentiment, Week In Review
Asian equities ended the week on a high note as President Biden and Xi spoke for ninety minutes last night for the first time since February. ( read original story ...)
Tencent-backed podcasting giant Ximalaya drops plans for US IPO after Chinese regulators pressured it to list in Hong Kong
Ximalaya - which enjoys backing from Tencent, Baidu, Sony, and others - may have worried regulators on account of its troves of user data. ( read original story ...)
Half million Hong Kong passport surge to UK as China’s Wealth Connect goes live
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide. ( read original story ...)
China, Hong Kong, Macao banks to offer regional investments
Banks in Hong Kong, Macao and China's neighboring Guangdong province are preparing to launch regional investment products soon, Hong Kong's Monetary Authority said Friday. The investment options, ... ( read original story ...)
Hong Kong as global financial hub to be reinforced by GBA wealth management connect: Carrie Lam
A pedestrian passes a screen of a bank in Central of Hong Kong, south China, Feb. 21, 2018. (Xinhua/Li Peng) The chief executive said the program underlines Hong Kong's unique financial advantages ... ( read original story ...)
Wealth Management Connect: China’s US$46.5 billion cross-border channel gives Hong Kong a leg up in the Greater Bay Area
Greater Bay Area, which is home to four top 10 richest people in China, will have a new cross-border trading scheme for investment products, a core project by Beijing to promote capital flows and ... ( read original story ...)
Hong Kong Rallies As Asian Markets Bounce Back From Sell-off
Asian markets bounced back Friday from the previous day's losses, though investors were treading cautiously as they try to gauge the impact of the Delta variant on the global outlook. ( read original story ...)
Alibaba-Backed AI Unicorn Megvii Technology Gets Go-Ahead for USD930 Million Shanghai IPO
SenseTime submitted its IPO prospectus to the Hong Kong Stock Exchange last month, and CloudQalk Technology’s application for a Shanghai’s Star Market IPO was approved in July. Yitu Technology is ... ( read original story ...)
HSBC Share Price Slides To Major Support, Vulnerable to More Losses
The HSBC Share price continues to bleed value in September, losing 3.7% since the start of the month, and is now underwater for 2021. ( read original story ...)
Hong Kong Plans to Limit Access for Retail Investors to SPACs
Hong Kong plans to curb access for retail investors to buy and trade blank check companies as regulators in the city prepare to roll out a framework this month.The city will propose to only allow what ... ( read original story ...)
{Block Trade}HANG SENG BANK: 275k shares, or HK$38.18m
ET Net News Agency, 10 September 2021] A direct manual trade of 275,000 shares of HANG SENG BANK (00011) was registered at 9:50a.m. The deal amounted to HK$38.18m, or at HK$138.85 per share. HANG SENG ... ( read original story ...)
Navigate life in Hong Kong with the help of these apps
Whether they're running in the background or used daily, navigate HK's notorious hustle and bustle with our favourite Hong Kong apps. ( read original story ...)