VANCOUVER - The Supreme Court of British Columbia has dismissed an application for a publication ban from Huawei chief financial officer Meng Wanzhou ... ( read original story ...)
China & Hong Kong Take Strides Towards Financial Relationship
China has taken another step towards the integration of the country's financial system with global markets that could see billions of dollars flow into Hong Kong. The Wealth Connect Programme would ... ( read original story ...)
HSBC Private Banking supports UHNW families to sustain wealth and legacies across generations
The COVID-19 pandemic and heightened market uncertainty have sparked affluent individuals and families to rethink how they manage and preserve wealth for generations to come with an international ... ( read original story ...)
Xpeng sets Hong Kong IPO price cap en route to city’s fifth-largest listing this year, aims to raise up to US$2.3 billion
Chinese electric vehicle (EV) maker Xpeng will price its Hong Kong initial public offering (IPO) retail shares at no more than HK$180 (US$23.2) each, it said on Thursday. The price represents an 11.7 ... ( read original story ...)
Chinese Tesla rival Xpeng to raise up to $2bn via Hong Kong IPO
U.S.-listed Chinese electric vehicle maker Xpeng on Thursday opened a Hong Kong share sale for subscription with an aim to raise as much as $2 billion, reviving the so-called homecoming listings. The ... ( read original story ...)
Xpeng Targets $1.97 Billion Raise in Hong Kong Public Offering
Get Report said Thursday it was launching its Hong Kong public offering as the Chinese electric vehicle maker looks to raise as much as $1.97 billion. Shares of the Guangzhou-based company were down 1 ... ( read original story ...)
PBOC bill issuance in Hong Kong widely welcomed
The People’s Bank of China (PBOC) said in an announcement on Thursday that it issued 5 billion yuan ($772.5 million) in six-month bills in Hong Kong that received bids of 27.2 billion yuan, 5.4 times ... ( read original story ...)
Hong Kong’s pro-democracy newspaper Apple Daily closes with ‘painful farewell’
Its closure was the latest setback for the city’s freedom, and fresh cause for unease about the future of free speech in the global financial and media hub as Beijing cracks down on dissent. ( read original story ...)
FT: Apple Daily was such a symbol of protests in Hong Kong, which got under China’s skin
Primrose Riordan, South China correspondent for the Financial Times, discusses the closure of Apple Daily, Hong Kong's last pro-democracy newspaper, and the chilling effect that may have on other ... ( read original story ...)
Hong Kong actively applying to join RCEP, says financial chief
Hong Kong has been actively applying to join the Regional Comprehensive Economic Partnership (RCEP), said Financial Secretary Paul Chan on Thursday. ( read original story ...)
Bubble Tea Chain Brews Up $656 Million Hong Kong IPO
Chinese bubble tea chain Nayuki Holdings Ltd. has raised HK$5.09 billion ($656 million) after pricing its Hong Kong initial public offering at the top of a marketed range, the latest company to ride a ... ( read original story ...)
China’s central bank issues 5 bln yuan of bills in Hong Kong
China's central bank issued 5 billion yuan (about 771.32 million U.S. dollars) worth of bills in Hong Kong on Thursday. The bills will mature in six months, with the interest rates standing at 2.54 ... ( read original story ...)
Fitch Affirms Chong Hing Bank at ‘BBB’; Off Rating Watch; Outlook Stable
Fitch Ratings has affirmed Chong Hing Bank Limited's (CHB) Long-Term Issuer Default Rating (IDR) at 'BBB' and has rem ... ( read original story ...)
CX Daily: What’s Stopping Hong Kong From Fixing Its Housing Crisis?
What’s stopping Hong Kong from fixing its housing crisis? In the face of daunting economic struggles, the world’s priciest property market just keeps getting more expensive. ( read original story ...)