Hong Kong is counting on a fresh inflow of overseas firms selling shares in the financial hub as it proposes to ease its listing rules. ( read original story ...)
New economy becomes main driving force of Hong Kong’s IPO market after listing reform
Three years after a major listing reform, new economy companies have made the bulk of Hong Kong's initial public offering (IPO) market, fueling a new growth story of the global financial hub. The new ... ( read original story ...)
Hong Kong stocks end higher, track gains of peers in the region
Hong Kong stocks finished the session higher on Thursday, tracking gains in its peers in the region after the U.S. Federal Reserve said it was too early to consider rolling back emergency support for ... ( read original story ...)
Trump ban on Chinese stocks sinks demand for index options in Hong Kong
An executive order by former US president Donald Trump banning trading in China securities has dented the volume of index options in Hong Kong. ( read original story ...)
HSBC opens family office in Singapore and Hong Kong for crazy rich Asian clients
HSBC is also hiring more than 5,000 new wealth planners to grow its Asia business.. Read more at straitstimes.com. ( read original story ...)
ZA Bank to support HK goverment’s 100% personal loan guarantee scheme
Hong Kong virtual bank ZA Bank has announced it will support the HKSAR's 100% Personal Loan Guarantee Scheme, becoming the only local virtual bank to do so. ( read original story ...)
HKMA: Hong Kong dollar (HKD) remains steady after FOMC decision
In response to the FOMC monetary policy decision, the Hong Kong Monetary Authority (HKMA) that “the HK dollar (HKD) remains steady” after Fed Chair Powell’s dismissal of tapering talks smashed the US ... ( read original story ...)
Renewed Selling Pressure Expected For Hong Kong Bourse
The Hong Kong stock market on Wednesday snapped the two-day slide in which it had fallen more than 135 points or 0.4 percent. The Hang Seng Index now sits just above the 29,070-point plateau although ... ( read original story ...)
HSBC shares in Hong Kong up 2% after pre-tax profit in the first quarter beat expectations
The London-headquartered bank, which makes most of its revenue in Asia, said its reported profit before tax rose to $5.8 billion. ( read original story ...)
Hong Kong Gives Funds Tax Concession to Bolster Finance Center
Hong Kong passed a tax concession bill for funds to bolster its competitiveness as an investment management hub. ( read original story ...)
A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.
In China's start-up world, the rich are getting richer as investors and companies clamor for a piece of the hot U.S. IPO market — before it loses steam. ( read original story ...)
Ant IPO-approval process under investigation by Beijing
Beijing is investigating how Jack Ma won speedy approvals for his Ant Group Co.’s stock listing last year, according to people with knowledge of the matter, signaling that state actors are getting ... ( read original story ...)
HSBC, Bank of China (Hong Kong) unveil plans to tap US$29 trillion of green fundraising opportunities in next decade
Hong Kong’s two biggest banks aim to tap the forecast US$29 trillion of fundraising opportunities for environmentally friendly projects in the next decade. ( read original story ...)
Unemployed Hongkongers to be offered low-interest loans of up HK$80,000 guaranteed by government for first time
The Hong Kong government is for the first time offering to guarantee low-interest personal loans for unemployed people, after the Covid-19 pandemic sent the city’s jobless rate to a 17-year high. ( read original story ...)