Tag: banking

China stocks fell on Thursday, dragged lower by fresh investor worries over signs of liquidity tension ahead of the upcoming Lunar New Year holiday, while Hong Kong was pulled by losses in tech shares ... ( read original story ...)

The Hong Kong stock market has finished higher in three straight sessions, gathering almost 1,050 points or 3.7 percent along the way. The Hang Seng Index now rests just above the 29,300-point plateau ... ( read original story ...)

HSBC Holdings is considering relocating a handful of senior executives from London to Hong Kong or Singapore as Europe's largest lender bets its future on Asia.. Read more at straitstimes.com. ( read original story ...)

Initial public offerings in China have undervalued companies by up to $200bn over the past six years, academic research indicates, reflecting a struggle to price listings in the world’s second-biggest ... ( read original story ...)

The fundraising drive, co-organised by South China Morning Post and RTHK, raised HK$16.7 million in 2020, topping the previous year’s HK$16.1 million. ( read original story ...)

Kuaishou's successful strategy of billing itself as a platform for ordinary users is going to make its founders extraordinarily rich. ( read original story ...)

Hong Kong stocks snap a two-day advance as Alibaba weighs on the Hang Seng Index while WuXi Biologics’ stock placement at a discount unsettles traders. China’s economic recovery lost momentum in ... ( read original story ...)

An outspoken, pro-Beijing Hong Kong lawmaker said on Wednesday that the financial hub's banking regulator should require banks operating in the city to either ignore U.S. sanctions or leave the ... ( read original story ...)

Intensifying regulation cast a shadow over the upcoming Kuaishou IPO while Alibaba beat market expectations for its December quarter. ( read original story ...)

The Hong Kong government estimates it will earn HK$35 billion ($4.52 billion) in revenue in the current financial year from the 0.1% 'stamp duty' charged on stock transactions as a result of high ... ( read original story ...)

The Hong Kong stock market has climbed higher in two straight sessions, gathering almost 1,000 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 29,250-point plateau ... ( read original story ...)

Tencent’s TikTok-type Kuaishou video social network completed its initial public offering on the Hong Kong Stock Exchange. According to Bloomberg, the company sold nearly 365 million shares at a price ... ( read original story ...)

Hong Kong posted its worst-ever retail sales slump last year as the COVID-19 pandemic battered tourism and consumption in the Asian financial hub, and the government warns it could take some time to ... ( read original story ...)

ET Net News Agency, 2 February 2021] A pre-opening trade of 2.62 million shares of BOC HONG KONG (02388) was registered at 9:04a.m. The deal amounted to HK$60.97m, or at HK$23.244 per share. (rw) ... ( read original story ...)