A man walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, March 23, 2021. Asian stock markets were mixed Tuesday after Wall Street rose on ... ( read original story ...)
Weakness in bank stocks leaves indexes mixed on Wall Street
Major indexes were little changed in afternoon trading as a drop in bond yields pushed down banks and energy companies. Big technology companies, which benefit from lower bond yields, were ... ( read original story ...)
China’s central bank to issue 5 bln yuan of bills in Hong Kong
BEIJING, March 23 (Xinhua) -- China's central bank plans to issue 5 billion yuan (about 768.8 million U.S. dollars) worth of bills in Hong Kong on Thursday. The maturity of the fixed-rate bill is set ... ( read original story ...)
AIA Said to Near Deal for Bank of East Asia’s Life Insurance Arm
AIA Group Ltd. is nearing a deal to buy the life insurance unit of Bank of East Asia Ltd., the Hong Kong-based lender whose shareholders include Paul Singer’s Elliott Management Corp., according to ... ( read original story ...)
Baidu shares gain 0.8 per cent in underwhelming Hong Kong debut as IPO craze vanishes
Its shares opened for trading at HK$254, according to stock exchange data, and rose to as high as HK$256.60. They recently traded at HK$255 as of 9.35am local time, giving the company a market value ... ( read original story ...)
Roundup: Continued IPO boom underpins Hong Kong’s financial strength
With the debut of Baidu Inc. on Tuesday, Hong Kong's fund-raising market has appeared to maintain its momentum over recent months and will likely climb to a new height this year, further proof of the ... ( read original story ...)
Continued IPO boom underpins Hong Kong’s financial strength despite global volatility
Deloitte China forecast that IPOs will top 400 billion Hong Kong dollars this year and there will be some 130 new listings, and auditor PricewaterhouseCoopers (PwC) believes that the financial hub ... ( read original story ...)
So much for a ‘homecoming’: Why the Hong Kong listing of China search engine Baidu fell flat
Li also said that returning to Hong Kong's capital markets was a homecoming ... have largely focused on limiting the power of the financial technology sector, which Alibaba and Tencent dominate. ( read original story ...)
Indian Overseas Bank, Hong Kong Branch — Moody’s withdraws Indian Overseas Bank’s ratings due to business reasons
Moody's withdraws Indian Overseas Bank's ratings due to business reasonsRead the full article at Moody's ... ( read original story ...)
Baidu Set for Hong Kong Debut After Raising $3.1 Billion
Chinese search engine Baidu Inc. edged higher in Hong Kong’s gray market trading Monday ahead of its trading debut. The Nasdaq-listed company raised HK$23.9 billion ($3.1 billion) in its Hong Kong ... ( read original story ...)
Bilibili set to price its Hong Kong listing at HK$808 a share – source
The Chinese version of Youtube will likely raise US$2.6 billion from the stock sale to load more content and boost its ability to make money from gamers on its platform. ( read original story ...)
China’s Baidu debuts in Hong Kong after $3.1 bn IPO
Chinese search engine Baidu debuted on Hong Kong's stock exchange Tuesday after raising $3.1 billion in its initial public offering, the latest mainland tech giant to flock to the financial hub. ( read original story ...)
Baidu shares edge up on its Hong Kong listing debut
Chinese search engine Baidu debuted on Hong Kong's stock exchange on Tuesday after raising US$3.1 billion in its initial public offering, the latest ... ( read original story ...)
Hong Kong Covid-19 vaccine roll-out hampered by reliance on Chinese shots
When Hong Kong Chief Executive Carrie Lam rolled up her shirt sleeve to get the Asian financial hub's first Covid-19 vaccination last month, she gave a ringing endorsement of the shots produced by ... ( read original story ...)