The 33 per cent discount that the Hong Kong shares of dual-listed companies have to their mainland China-traded stocks was the biggest since October 15 last year, according to a gauge compiled by Hang ... ( read original story ...)
Hong Kong stocks pare gains as China’s liquidity injection fails to inspire while crypto-linked firms sink on crackdown
Hong Kong stocks lost nearly all of its rally as China’s efforts to inject more liquidity into the banking system failed to spur risk appetite amid a liquidity crunch at Evergrande. Cryptocurrency ... ( read original story ...)
Hong Kong: Business environment stays positive, bouncing
Hong Kong's business atmosphere stayed positive and bouncing with unlimited chances, stated Paul Chan, financial secretary of the Hong Kong Special ... ( read original story ...)
HSBC shares climb in Hong Kong as release of Huawei exec seen easing tensions
Hong Kong-listed shares of HSBC rose by the most in four months on Monday as the release of an executive at telecoms company Huawei fuelled hopes the global bank would benefit from an easing in ... ( read original story ...)
Hong Kong stocks rally as China floods market with more cash amid Evergrande crisis while cryptocurrency-linked firms slump
Stocks rally in early trading as China’s central bank floods the market with more cash amid Evergrande’s liquidity crunch. Cryptocurrency-related stocks tumble as China intensifies its crackdown on ... ( read original story ...)
Mild Rebound Anticipated For Hong Kong Shares
The Hong Kong stock market on Friday halted the two-day winning streak in which it had gathered more than 400 points or 1.7 percent. The Hang Seng Index now sits just above the 24,190-point plateau ... ( read original story ...)
How Hong Kong Stands Out as a Top Fintech Hub
Hong Kong can ascend to being a fintech hub worldwide in light of its diversity, resilience and dynamics in the financial sector. ( read original story ...)
UK insurer Prudential sets pricing in US$2.4 billion Hong Kong stock placement
Prudential, the biggest UK insurer by market value, priced its Hong Kong share placement at a 2.6 per cent discount to its closing price on Friday. ( read original story ...)
Board of Mox Bank Ltd Confirms Appointment of Barbaros Uygun as CEO of Mox
The Board of Mox Bank Ltd appoints Barbaros Uygun as the CEO of Mox and Executive Director of the Board (starting Monday). ( read original story ...)
Banking Giant, HSBC, Partners with 8 Countries to Support CBDC Plans
HSBC stated that these countries were exploring digital currencies and different ways of boosting innovation in the financial sector. ( read original story ...)
Hong Kong: SJ stands against foreign meddling
Last Friday, the Ministry of Foreign Affairs issued a fact sheet setting out a host of malicious acts of the US in interfering in Hong Kong affairs and supporting anti-China, destabilising forces. It ... ( read original story ...)
US hypocrisy ‘deeply hurt’ Hong Kong, says city’s finance chief, as he urges Washington to respect Chinese sovereignty
Financial Secretary Paul Chan lauds Beijing’s list of ‘US crimes’ and urges Americans to respect Chinese sovereignty and stop meddling in city’s affairs. ( read original story ...)
Hong Kong rises to third place among world’s financial centres
Hong Kong ranked third globally in the latest Global Financial Centers Index (GFCI) published by the British think tank Z/Yen Group and China Development Institute in Shenzhen Friday, rising by one ... ( read original story ...)
HSBC, UBS among big banks to have cut exposure to China Evergrande as outlook worsens for debt-stricken developer
Financial companies have sought to reassure investors in recent days, saying their exposure to the world’s most indebted developer was immaterial or minimal. ( read original story ...)