The Hang Seng index dropped 2.0%, to 27,401.12 points, lowest since Jan. 5, while the Hong Kong China Enterprises Index lost 2.4 ... China will use timely cuts in the bank reserve requirement ratio ... ( read original story ...)
Asian Stocks Down, “Goldilocks” Central Bank Scenario Continues
Asia Pacific stocks were mostly down Thursday morning. U.S. shares and Treasuries gained after the U.S. Federal Reserve said in its latest policy meeting minutes that more evidence of a robust ... ( read original story ...)
Hong Kong Stock Market May Stop The Bleeding On Thursday
Hong Kong & China Gas lost 0.50 percent, Industrial and Commercial Bank of China shed 0.65 percent, Longfor plunged 2.12 percent, Meituan skidded 1.31 percent, New World Development dipped 0.12 ... ( read original story ...)
HSBC to China investors: ‘See through’ the tech crackdown and focus on fundamentals
As Beijing cracks down on China's tech companies, there could be buying opportunities, says HSBC Global Asset Management's Alexander Davey. ( read original story ...)
Hongkong Land successfully prices its first green bond
Hongkong Land today announced that it has successfully priced its inaugural green bond (the "bond"), raising US$500 million at a coupon rate of 2.25% per annum with a 10-year maturity. The bond was ... ( read original story ...)
What Bankers Can Know, You Can’t in Hong Kong
Hong Kong Chief Executive Carrie Lam addressed a legal forum on Monday and asserted that press freedom has been upheld since China enacted its national security law for the city last year. On the same ... ( read original story ...)
Hong Kong stands to win from China clampdown on offshore IPOs
HONG KONG -- Moves by China to crackdown on listings by its companies on U.S. markets are set to redirect a major portion of the IPO flow to Hong Kong, as technology companies' thirst for capital ... ( read original story ...)
Hongkong Land prints first green bond
Major listed property investment, management and development group Hongkong Land on July 6 priced its inaugural green bond offering amounting to US$500 million. ( read original story ...)
Hong Kong mulls speeding up IPO cycle by next year
In a bid to overhaul the system and align its market with other financial hubs, Hong Kong’s stock exchange is looking at shortening the time for an initial public offering (IPO). While earlier ... ( read original story ...)
Deutsche Bank hires Goldman’s Jeffrey Wong for HK banking role
HONG KONG, July 7 (Reuters) - Deutsche Bank (DBKGn.DE) has hired Jeffrey Wong from Goldman Sachs (GS.N) to be the bank's head of Hong Kong investment banking coverage, according to a memo seen by ... ( read original story ...)
eKYC: Unlocking the value in Hong Kong’s financial space
Traditional banks, insurers, and financial service providers in Hong Kong are jumping on board with fintech adoption, with a Hong Kong Monetary Authority (HKMA) study showing 86 per cent of incumbents ... ( read original story ...)
American Banker Jailed in Hong Kong for Trying to Be a Good Samaritan
Tyrone Siu via ReutersWhen Samuel Bickett, a former Bank of America compliance director, saw a man with a retractable baton confronting a teenager in a subway station in Hong Kong in 2019, he assumed ... ( read original story ...)
Hong Kong IPOs join 21st century
Hong Kong’s stock exchange is reducing the gap between pricing and trading initial public offerings in an upgrade that will also ease pressure on the local currency during hot deals plus eliminate fax ... ( read original story ...)
China: Medlive Tech set to price HK IPO of up to HK$4.2bn
Medlive Technology, the largest online professional physician platform in China, has launched its planned Hong Kong IPO. The 155.1 million share offering will be priced between between HK$24.10 and ... ( read original story ...)