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 ...)
14th Asian Financial Forum opens today
HONG KONG, Jan 18, 2021 - (ACN Newswire) - Co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and Hong Kong Trade Development Council (HKTDC), the 14th Asian Financial ... ( read original story ...)
Hong Kong’s financial system remains resilient amid COVID-19: HKSAR chief executive
Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Carrie Lam said on Monday that amid the challenges posed by the COVID-19 pandemic, Hong Kong's financial system has demonstrated ... ( read original story ...)
HK IPO market gathers steam with Kuaishou leading the way
Kuaishou Technology, a video-sharing and social media platform, has begun drumming up interest among investors for a multi-billion-dollar Hong Kong IPO. ( read original story ...)
China’s top banking watchdog rebuts criticism of ‘state capitalism’
HONG KONG/BEIJING, Jan 18 (Reuters ... Guo is also the chief of Communist Party Committee at the People’s Bank of China (PBOC), a role that ensures that the central bank’s decision-making is subject ... ( read original story ...)
Chinese E-Cigarette Maker Seeks Up to $1.2 Billion in U.S. IPO
Chinese e-cigarette maker RLX Technology Inc. is looking to raise as much as $1.17 billion from a U.S. initial public offering, highlighting how American stock exchanges remain attractive fund-raising ... ( read original story ...)
China’s Kuaishou to open books for $5 billion Hong Kong IPO next week – sources
Chinese online short video company Kuaishou will open the books for its Hong Kong initial public offering to raise at least $5 billion next Monday in the city's biggest float in more than a year, ... ( read original story ...)
Top JPMorgan banker sees steady supply of Chinese health care IPOs, even as investors flag valuation concerns
China’s health care industry, the world’s second largest, will see a sustained increase in stock offerings after registering record-high transactions and valuations in 2020, a senior JPMorgan Chase ... ( read original story ...)
Hong Kong Ex-Lawmaker Rejects HSBC Account Freeze Explanation
Former Hong Kong lawmaker Ted Hui rejected an explanation from HSBC Holdings Plc Chief Executive Officer Noel Quinn over the bank’s reason to freeze his account after he fled the city for self-exile ... ( read original story ...)
Self-exiled former Hong Kong lawmaker Ted Hui rejects HSBC explanation it had no choice but to freeze accounts of him and his family
Hui says he can ‘hardly accept the nearly laughable U-turn explanation’ HSBC chief executive Noel Quinn gave him in an email last week. ( read original story ...)
Hong Kong Finance Chief Expects Jobless Rate to Top 16-Year High
Hong Kong’s unemployment rate for the three months ended December is likely to exceed the highest level in 16 years because of the impact of tightened coronavirus restrictions, Financial Secretary ... ( read original story ...)
HSBC made a laughable U-turn: Ted Hui
The exiled former lawmaker, Ted Hui, said he's received a personal email from HSBC's Chief Executive explaining why it froze credit cards and ... ( read original story ...)
Hong Kong finance chief warns of jobless rate spike as epidemic continues
Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said here on Sunday that the jobless rate in Hong Kong will climb further as businesses and workers ... ( read original story ...)
Rollout of China’s Sinovac vaccine in Hong Kong under threat
Hong Kong is likely to delay the distribution of mainland Chinese producer Sinovac’s Covid-19 vaccine because of a lack of trial data, raising transparency concerns over a shot Beijing wants to sell ... ( read original story ...)