HKMA forced to intervene to weaken currency 15 times in September as hot money chases hot Chinese IPOs, secondary listings in the city. ( read original story ...)
Bain-Backed Chindata to Raise $540 Million in U.S. IPO
Chindata Group Holdings Ltd. has raised $540 million in its U.S. initial public offering after pricing at the top of a marketed range, according to people familiar with the matter. ( read original story ...)
Hong Kong August home prices post biggest monthly drop since February
Private home prices in Hong Kong fell 1.1% in August, their biggest monthly drop since February, official data by the Rating and Valuation Department showed on Wednesday, as the financial centre was ... ( read original story ...)
HKMA sells HK$7.63 bln in NY hours, currency hits strong end of band
The Hong Kong Monetary Authority sold HK$7.626 billion ($984.04 million) into the market in New York trading hours after the currency hit the strong end of its trading band, data released by the HKMA ... ( read original story ...)
Wild Boars Caught Playing in the Fountains of Hong Kong’s Bank of China Tower
A family of wild boars was captured on video taking a dip in the fountains outside the Bank of China Tower in Hong Kong. The Facebook video shows the family of boars enjoying a swim in the bank’s ... ( read original story ...)
HSBC board ill-equipped to deal with crisis in the East
Any HSBC insider will tell you that the bank’s history has been entwined with Hong Kong for 155 years and will continue to be so for centuries more.Executives selected to rise to the top of the ... ( read original story ...)
SMIC’s Hong Kong Shares Tumble After U.S. Tightens Export Restrictions
SMIC's shares fell as much as 7.9% to HK$17.12 ($2.21), the lowest since May 29, and were last down 6.7%. The company said it had not received any official notice of the restrictions and added it has ... ( read original story ...)
Coronavirus: Hong Kong finance chief pushes for lead role in global supply chain, technology amid pandemic, but economists suggest city ill-suited for the task
Hong Kong's finance secretary has asked for a policy rethink of the city's strategy for surviving Covid-19 and a rapidly shifting geopolitical landscape, warning of a slow economic recovery amplified ... ( read original story ...)
Bank of Communications, HSBC weigh on Hang Seng Index as global coronavirus concerns once again come to the fore
Hong Kong markets retreated on Tuesday as investors were weighed down by concerns over a resurgence of the global coronavirus pandemic.The Hang Seng Index rose by as much as 0.5 per cent in early ... ( read original story ...)
Hong Kong shares fluctuate as investors weigh China’s economic recovery against mounting coronavirus worries
Hang Seng Index gained as much as 0.5 per cent to 23,601.40 in early trading, before slipping into negative territory. ( read original story ...)
Hong Kong Stock Market Draws Firm Lead For Tuesday
The Hong Kong stock market on Monday ended the two-day slide in which it had tumbled more than 500 points or 2.1 percent. The Hang Seng Index now rests just above the 23,475-point plateau and it's ... ( read original story ...)
Family of boars in Hong Kong bank points to failures in city planning
I refer to your report, "Feral family of boars hog limelight in Hong Kong business district with swim in Bank of China Tower pool"(September 25). This event highlights the larger problem of poor urban ... ( read original story ...)
Hong Kong stocks climb as financials, real estate shine on upbeat China data
Hong Kong stocks climbed on Monday, boosted by robust gains for financial and properties firms, after China’s upbeat data pointed to recovery gaining momentum in the world’s second-largest economy ... ( read original story ...)
Hong Kong’s Hang Seng Index has best day in a month driven by gains in HSBC, China economic data
Hong Kong stocks posted their biggest daily increase in a month on Monday, boosted by optimism over China's bright economic data in August and progress over a US stimulus plan, while China-listed ... ( read original story ...)