Moody's affirms Bangkok Bank's ratings; outlook remains stableRead the full article at Moody's ... ( read original story ...)
Billionaire Cheng-Backed Firm in Talks for Hong Kong Life
China Strategic Holdings Ltd., an investment firm backed by billionaire Henry Cheng, is in talks to buy Hong Kong Life Insurance Ltd., according to people familiar with the matter. China Strategic is ... ( read original story ...)
China Fintech Firm Falls 16% in Worst Hong Kong Debut Since 2018
Chinese fintech firm Bairong Inc. slumped on its debut in Hong Kong, the second listing in the financial hub this week to disappoint following a global selloff in China’s technology sector.Shares of ... ( read original story ...)
Hong Kong Limits Public Information as China Exerts Control
(Bloomberg) -- Hong Kong institutions are further restricting public access to information, raising concerns over transparency as China increases its grip over the Asian financial hub. The most ... ( read original story ...)
Hong Kong fugitive Andy Li’s whereabouts remain a mystery after he fails to appear in court for national security law case
The whereabouts of wanted fugitive Andy Li Yu-hin remain unknown, nine days after he was sent back to Hong Kong from mainland China. According to prosecutors, Li, who faces three charges under the ... ( read original story ...)
Don’t doubt Hong Kong’s importance to China, say experts, as they outline strengths that can help country become global tech power
Panel outlines academic and scientific benefits city brings to table during high-powered webinar discussing country’s 14th five-year plan. But shortcomings also exposed with investment in technology ... ( read original story ...)
HSBC launches Green Deposits to help SMEs fund sustainability projects
HSBC has enriched its suite of green finance solutions with the roll-out of Green Deposits for businesses in Hong Kong. Commercial customers, in particular SMEs, can now include the sustainability ... ( read original story ...)
Extradition judge is told she, not minister, must decide if US has jurisdiction over Meng Wanzhou’s actions in Hong Kong
The case showed that the US had wrongfully “given itself the power to regulate the conduct of Chinese nationals in Hong Kong”, van Ert said Meng is accused by the US of defrauding HSBC by lying to one ... ( read original story ...)
Lion Announces Unaudited Full Year 2020 Financial Results
As a result of the positive impact of the Hong Kong financial market, online-brokerage companies led the market in terms of growth, suggesting that the market is gradually tapping into the Company's ... ( read original story ...)
Bank of China, Agricultural Bank of China 2020 profits beat estimates thanks to fourth quarter rebound
Bank of China, Agricultural Bank of China beat analysts estimates with profit increases, thanks to a strong fourth-quarter rebound. ( read original story ...)
Hong Kong’s IPO market reaches historical high in terms of total proceeds for Q1 2021, finds KPMG analysis
Hong Kong's IPO market continued its strong momentum from the second half of last year, achieving a historic high in Q1 2021, with total funds raised hitting USD 13.9 billion*, according to KPMG's ... ( read original story ...)
Metro China Owner Wumei Tech Files for Hong Kong IPO
Wumei Technology Corp, owner of two of China’s biggest supermarket chains Metro China and Wumart Stores, has filed for an initial public offering on the Hong Kong stock exchange. No details were given ... ( read original story ...)
Worst yuan sell-off in year drives traders back to daily fix
A drop in the currency on Thursday to levels last seen in December was followed by the People’s Bank of China setting the reference rate ... chief China economist at Credit Agricole CIB in Hong Kong. ... ( read original story ...)
Evergrande Sells Online Unit Stake for $2 Billion Before IPO
China Evergrande Group raised HK$16.4 billion ($2.1 billion) selling a stake in its online home and car sales platform ahead of a planned U.S. listing, in the latest move by the giant developer to tap ... ( read original story ...)