Tag: banking

Hong Kong stock listings could surpass last year’s pace, driven by an influx of new economy companies and a “home coming” of Chinese firms, the head of listings at the city’s exchange said.“We are ... ( read original story ...)

In the latest webinar of our Redefining Hong Kong series, Financial Secretary Paul Chan reveals mainland investors could tap into market as early as this summer, and outlines his plan for review of ... ( read original story ...)

Baidu Inc. has secured approval from the Hong Kong stock exchange for a second listing in the city, according to people familiar with the matter. The Nasdaq-listed Chinese search engine giant plans to ... ( read original story ...)

Hong Kong has been dropped from a prominent index of the world’s freest economies, underlining growing concerns over Beijing’s tightening grip on the Asian financial centre after it introduced a ... ( read original story ...)

Hong Kong has been excluded from the Heritage Foundation's Index of Economic Freedom because its economic policies are controlled from Beijing, the Washington-based think tank said, removing Hong Kong ... ( read original story ...)

Hong Kong police arrested 12 people for running alleged “ramp and dump” stock scams and over money laundering after raids on luxury homes and brokerages across the city. ( read original story ...)

Cheerwin Group has pocketed HK$3.07bn ($395.3m) after pricing its IPO at the top of the marketed range, according to a source close to the deal. ( read original story ...)

Block Trade}BOC HONG KONG: 1.24m shares, or HK$33.32m [ET Net News Agency, 5 March 2021] A direct manual trade of 1.24 million shares of BOC HONG KONG (02388) was registered at 10:36a.m. The deal ... ( read original story ...)

The Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, has instructed all banks to extend a loan repayment holiday for small businesses by another six months. The banks must allow ... ( read original story ...)

On Thursday, the Heritage Foundation dropped Hong Kong from its annual “economic freedom” index—a list the Asian financial hub topped for 25 years—claiming the special administrative region has become ... ( read original story ...)

Model Performance Acquisition, a blank check company targeting businesses in Asia, filed on Thursday with the SEC to raise up to $50 million in an initial public offering. The Hong Kong-based company ... ( read original story ...)

The proposal by Wong, the top executive of the largest of Hong Kong’s three currency issuers, underscores how the GBA could present a viable option for the city’s youth, where the unemployment rate ... ( read original story ...)

Financial Secretary Paul Chan Mo-po shared his thoughts on Hong Kong's plans for a bond connect scheme with markets on the Chinese mainland. Mr Chan also discussed taxation and the growing wealth gap ... ( read original story ...)

Hong Kong Financial Secretary Paul Chan, spoke about Hong Kong disappearing from the Heritage Foundation's "world’s freest economies" rankings after the Washington-based think tank removed the city ... ( read original story ...)