China's net gold imports via Hong Kong plunged about 84% in October from September's six-month peak, marking their steepest month-on-month decline since June, Hong Kong Census and Statistics ... ( read original story ...)
New World Development’s 11 Skies Mega-Complex at Hong Kong Airport to Bow in 2022
Adrian Cheng’s company is almost ready to unveil Hong Kong’s largest retail, dining and entertainment complex in the Greater Bay Area. ( read original story ...)
Hit by cryptocurrency curbs, Chinese fund managers look elsewhere to ride bitcoin bull
As the price of bitcoin soars, Chinese cryptocurrency asset managers are looking to expand in places such as Hong Kong and Singapore, skirting an intensified crackdown at home. ( read original story ...)
JD Health to raise $4 bln in Hong Kong’s largest IPO of 2020 -sources
JD Health, the healthcare arm of Chinese e-tailer JD.com Inc 9618.HK, JD.O, aims to raise up to $4 billion in Hong Kong's largest initial public offering (IPO) of 2020, three people with direct ... ( read original story ...)
Hang Seng Bank (OTCMKTS:HSNGY) & National Bank of Canada (OTCMKTS:NTIOF) Head to Head Survey
Hang Seng Bank (OTCMKTS:HSNGY) and National Bank of Canada (OTCMKTS:NTIOF) are both large-cap finance companies, but which is the superior business? We will contrast the two companies based on the ... ( read original story ...)
Industrial and Comm’l Bank of China Ltd., HK — Moody’s affirms A1/P-1 deposit rating of of ICBC, outlook stable
Rating Action: Moody's affirms A1/P-1 deposit rating of of ICBC, outlook stableRead the full article at Moody's ... ( read original story ...)
Economic uncertainties hinder virtual banking development in Hong Kong
Amid the economic uncertainties, it will take some time before virtual banks in Hong Kong are able to challenge their traditional peers. ( read original story ...)
Hang Seng Bank Limited (OTCMKTS:HSNGY) Short Interest Down 69.0% in October
Hang Seng Bank Limited (OTCMKTS:HSNGY) was the target of a large decline in short interest in the month of October. As of October 30th, there was short interest totalling 8,500 shares, a decline of 69 ... ( read original story ...)
Hang Seng Bank (OTCMKTS:HSNGY) Lifted to Hold at ValuEngine
ValuEngine upgraded shares of Hang Seng Bank (OTCMKTS:HSNGY) from a sell rating to a hold rating in a research report released on Wednesday morning, ValuEngine reports. HSNGY has been the subject of ... ( read original story ...)
Japan’s Plan to Replace Hong Kong as Financial Hub Faces Hurdles
Japan has explicitly stated its goal is to make Tokyo the number one financial city in Asia, but that dream is running into the current reality of doing business in Japan. ( read original story ...)
Troubled Baoshang Bank Approved to Begin Bankruptcy Procedures
China’s banking regulator has given Baoshang Bank Co. the nod to start bankruptcy proceedings, launching an unraveling process that has not been seen for at least two decades. ( read original story ...)
Finance chief: Hong Kong strives to join regional trade deal
Hong Kong hopes to be part of the first group of economies to join the Regional Comprehensive Economic Partnership (RCEP) after the agreement takes effect, Financial Secretary Paul Chan Mo-po said in ... ( read original story ...)
Hong Kong stocks end higher, Sino-U.S. tensions cap gains
Hong Kong shares closed higher on Monday as cyclical stocks rose on hopes of a vaccine-led recovery, although Sino-U.S. tensions capped gains. ** The Hang Seng index ended up 34.66 points, or 0.13%, ... ( read original story ...)
China Evergrande says property services unit seeks to raise up to $2 billion in IPO
China Evergrande Group said on Monday its property management unit is seeking to raise up to HK$15.8 billion ($2.04 billion) in an initial public offering (IPO), a plan likely to help improve cash ... ( read original story ...)