JD Logistics has kicked off pre-deal investor education for its multi-billion-dollar Hong Kong listing, having won approval from the city’s bourse on Friday. ( read original story ...)
Hang Seng extends drop, CN equity FUTs decline over 1%
Asia trades generally lower amid extended holidays in China and Japan; Hang Seng extends drop, CN equity FUTs decline over 1%; USD index rebounds. General tren ... ( read original story ...)
Hong Kong stocks end over 1% lower as financials, Mengniu weigh
* Hang Seng index ends down 1.28% * China Enterprises index HSCE falls 1.04% * HSI financial sub-index is down 2%; property sector slips 0.6% HONG KONG, May 3 (Reuters) - Hong Kong stocks fell ... ( read original story ...)
Hong Kong’s Economy Set to Bounce Back After Long Decline
Hong Kong is finally turning the corner, with the economy expected to expand for the first time since 2019 as it slowly recovers from the pandemic and social unrest before that. First-quarter gross ... ( read original story ...)
Sarasin buys Bank of Montreal’s HK, Singapore private banking arms
Safra Sarasin Group has acquired Bank of Montreal's BMO.TO private banking business in Hong Kong and Singapore, the Swiss group said on Monday, giving no financial terms for the deal announced in ... ( read original story ...)
Hong Kong stocks drop near 2% as financials weigh
China Enterprises index HSCE drops 1.28% * HSI financial sub-index sinks 2.1%; property sector down 1% HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, with financials leading the slide, ... ( read original story ...)
Is Tiger-cub Bill Hwang’s mauling an omen of a financial crisis for Hong Kong?
The Wall Street mauling of former Tiger Bill Hwang and his leveraged Chinese investments has called US regulators’ attention to a Lehman-shaped iceberg, writes Neil Newman. ( read original story ...)
A complete guide to the future of the IPO
Field guide topics range from The birth of geriatric cool to China’s changing influence and What Gen Z wants. Every Monday morning we’ll send you a TLDR of our latest field guide to help you save time ... ( read original story ...)
Chinese developer eyes IPO for property management arm
China Vanke is again preparing to publicly list its property management wing in Hong Kong, with the hope of raising up to $2 billion. ( read original story ...)
DBS (Hong Kong) focuses on digital banking, branch redesign as customers shift online amid pandemic
DBS Bank (Hong Kong), the local subsidiary of the biggest lender in Singapore and Southeast Asia, is focusing on developing its digital banking platform and redesigning its branches as an increasing ... ( read original story ...)
NH NongHyup wins license to operate branch in Hong Kong
NH NongHyup Bank, one of South Korea’s five major banks, said Sunday that it has been granted a license to operate a branch in Hong Kong, taking a solid step towards global expansion. With the green ... ( read original story ...)
Hong Kong records near sixfold rise in technology-based crimes in a decade, with monetary losses of S$501 million in 2020 alone, police say
HONG KONG - Hong Kong recorded a near sixfold increase in the number of technology-based crimes in the past decade, hitting about 13,000 cases and monetary losses totalling HK$2.96 billion (S$0.5 ... ( read original story ...)
Financial chief reaffirms Hong Kong’s position as global investment, trade hub
HONG KONG, April 30 (Xinhua) -- Financial Secretary of the Hong Kong Special Administrative Region (HKSAR) government Paul Chan on Friday updated business leaders from Britain on Hong Kong's leading ... ( read original story ...)
JD.com’s logistics unit gets go-ahead for up to US$4 billion IPO in Hong Kong
JD Logistics’ IPO would follow a US$3.5 billion Hong Kong listing by JD Health in December and a secondary listing by its parent company last year. ( read original story ...)