Tag: banking

Millions of individual investors in China withdrew more than $3 billion from five mutual funds that previously touted access to Ant Group’s blockbuster IPO, drastically shrinking the funds just two ... ( read original story ...)

Attempts by Donald Trump to decouple the world’s two largest economies had cemented China’s resolve to integration financially with other countries. This presented an opportunity for Hong Kong, said ... ( read original story ...)

Jan 19 (Reuters) - Hong Kong stocks closed at a 20-month high on Tuesday, helped by steady and robust demand from investors in mainland China for shares in the Asian financial hub. ** The Hang Seng ... ( read original story ...)

Hong Kong stocks climbed to a 20-month high on Tuesday, helped by steady and robust demand from investors in mainland China for shares in the Asian financial hub. ** The Hang Seng index added 3.1%, to ... ( read original story ...)

Hong Kong stocks are set to close at their highest level since May 2019 as mainland investors continue a record spending spree in the city. ( read original story ...)

Hong Kong investors are enjoying the market’s best start to a year in more than a decade as mainland stock traders rush in with a record amount of purchases. ( read original story ...)

HONG KONG -- E-cigarette maker RLX Technology plans to raise as much as $1.2 billion in an U.S. initial public offering this week as Joe Biden takes office following a string of moves by Washington to ... ( read original story ...)

Hong Kong will extend social-distancing measures, expand mandatory testing and introduce new restrictions in certain neighborhoods to battle an extended wave of coronavirus cases. ( read original story ...)

Troubled Ocean Park is receiving another government lifeline, growing its rescue cost to over $1 bln. That's more than the latest stimulus package, in a further sign of the city’s skewed priorities. ( read original story ...)

Strong IPO pipeline for 2021 is likely to inject more money into the Hong Kong market, encouraging more listed companies to launch share sales. ( read original story ...)

Kuaishou’s initial public offering on the Hong Kong stock exchange could see the Chinese online short video company valued at $60bn. ( read original story ...)

The only global stock index in positive territory is the Hang Seng in Hong Kong which you can trade on Valutrades at HK50. Basically, the Chinese economy is growing which always helps Hong Kong listed ... ( read original story ...)

In 2020, new economy companies made up about 60 percent of Hong Kong's IPO fund-raising. Hong Kong has become the world's second largest biotech fund-raising center. "I have heard people in Silicon ... ( read original story ...)

The British food delivery company raised $180 million in its latest funding round and confirmed plans for an IPO for the first time. ( read original story ...)