China Youran Dairy Group 9858.HK raised $643 million in its Hong Kong initial public offering (IPO) by pricing its shares at the bottom of an indicated price range at HK$6.98 each, according to two ... ( read original story ...)
Hong Kong Bourse May Snap Lengthy Losing Streak
The Hong Kong stock market has finished lower in seven straight sessions, sinking more than 730 points or 2.4 percent along the way. The Hang Seng Index now rests just beneath the 28,740-point plateau ... ( read original story ...)
Huawei’s Meng Wanzhou wants HSBC evidence kept secret in Canadian extradition battle
The Huawei executive’s lawyers seek a publication ban on the ‘copious’ documents, obtained as a result of a Hong Kong lawsuit, while Canadian government lawyers will oppose secrecy. ( read original story ...)
Hong Kong announces plan for all banks to go fintech by 2025
The HKMA has announced plans to ensure all banks are transformed into fintech facilities through the ‘Fintech 2025’ strategy. ( read original story ...)
Hong Kong considers own centralised digital currency
The Hong Kong Monetary Authority (HKMA) is exploring whether to launch a centralised digital currency as part of the country's "Fintech 2025" strategy". The HKMA will soon begin a comprehensive study ... ( read original story ...)
Hong Kong stocks erase gains as China passes secretive anti-sanctions law
Hong Kong stocks surrendered gains after China passed an anti-sanctions law that provided legal backing for Beijing’s measures to counter foreign sanctions, potentially raising the temperatures on ... ( read original story ...)
Email Alert – Phishing email related to DBS Bank (Hong Kong) Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by DBS Bank (Hong Kong) Limited relating to a phishing email, which has been reported to the ... ( read original story ...)
Daily Markets: European Central Bank and May CPI Are in the Crosshairs Today
By midday trading the major European equity indices were mixed but little changed in either direction. Today brings the next monetary policy meeting for the European Central Bank, which targeted June ... ( read original story ...)
Chinese investigations of tech firms slow Hong Kong IPO’s
Hong Kong's market for new stock listings has cooled to its slowest pace since 2009 in the wake of increasing Chinese scrutiny of tech firms' anti-competitive business practices ... ( read original story ...)
CBDCs, fintech footprint boosted in Hong Kong by latest national strategy
As part of fintech development efforts, plans for a CBDC is being studied, revealed the central monetary authority on 8 June - Tech Wire Asia ... ( read original story ...)
Chengdu Quanyuantang Pharmacy Plans Hong Kong IPO
By Ben Otto Chengdu Quanyuantang Pharmacy Chain Joint Stock Co. is planning an initial public offering in Hong Kong, part of efforts to expand its ... ( read original story ...)
Oversold Hang Seng Nonetheless Called Lower
The Hong Kong stock market has finished lower in six straight sessions, sinking more than 730 points or 2.4 percent along the way. The Hang Seng Index now rests just above the 28,740-point plateau and ... ( read original story ...)
Hong Kong’s co-working sector set to stabilise, recover as balance returns after years of unbridled expansion
Hong Kong’s co-working sector is set to stabilise and recover after a period of rapid expansion and will be supported by the remote working trend. ( read original story ...)
Fintech 2025 Strategy Announced by Hong Kong Monetary Authority, Includes Comprehensive CBDC Plan
The Hong Kong Monetary Authority (HKMA) announced on Tuesday (June 8, 2021) the updated “Fintech 2025” strategy for promoting financial tech development in the Special Administrative Region of the ... ( read original story ...)