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Tag: business

Posted on 27/08/2022

Chinese Online Pharmacy Dingdang Health Gets Go-Ahead for Hong Kong IPO

Hong Kong Exchanges and Clearing approved Dingdang Health’s IPO, after the Beijing-based startup filed in March, the bourse operator said recently. An attempt last year failed. Dingdang Health did not ... ( read original story ...)

Posted on 26/08/2022

Alibaba: Hong Kong Is The Catalyst We Need

Alibaba got approval for a primary listing on the Hong Kong stock exchange. Read how this can be the catalyst we need for BABA stock ... ( read original story ...)

Posted on 26/08/2022

EV startup Leapmotor approved to go public in Hong Kong

Electric-vehicle startup Leapmotor Technology Co. has received the go-ahead from the China Securities Regulatory Commission to launch an initial public offering in Hong Kong. It approved Leapmotor’s ... ( read original story ...)

Posted on 25/08/2022

Hong Kong-based AIA foresees recovery in mainland China despite 15 per cent slump in new business value

The Hong Kong-based insurer bets on steady expansion in mainland China to narrow a 15 per cent slump in new business value for the first half of the year. ( read original story ...)

Posted on 25/08/2022

CTG Duty Free Dips On Hong Kong Debut After Bumper IPO

China Tourism Group Duty Free, which raised US$2.1 billion to become Hong Kong's biggest initial public offering this year, fell slightly during its Thursday trading debut as its key market Hainan is ... ( read original story ...)

Posted on 25/08/2022

Hong Kong Bourse May End Losing Streak On Thursday

The Hong Kong stock market has moved lower in three straight sessions, sinking more than 500 points or 2.5 percent along the way. The ... ( read original story ...)

Posted on 25/08/2022

Hong Kong Bourse May End Losing Streak On Thursday

The Hong Kong stock market has moved lower in three straight sessions, sinking more than 500 points or 2.5 percent along the way. The ... ( read original story ...)

Posted on 25/08/2022

Business in 67 Shanghai-traded ETFs halted by Hong Kong typhoon delay

The Shanghai Stock Exchange said subscription and redemption in 67 exchange-traded funds (ETFs) would be halted on Thursday due to a trading suspension in Hong Kong triggered by a typhoon. The ... ( read original story ...)

Posted on 25/08/2022

Insurer AIA’s new business value drops on COVID disruption

AIA Group Ltd on Thursday posted a 13 per cent drop in new business value for the first half as COVID-19 lockdowns in the insurer's main markets of China and Hong Kong hit sales of its products.The ... ( read original story ...)

Posted on 25/08/2022

Hong Kong postage increase: local letters weighing 30 grams or less to cost 10 per cent more next month

Postage for airmail letters weighing 20 grams or less to mainland China and Taiwan to increase by 30 HK cents Rates adjusted to offset rising operating costs, says Hongkong Post spokesman Hong Kong ... ( read original story ...)

Posted on 25/08/2022

Insurer AIA’s new business value drops 13% in first half

AIA Group Ltd on Thursday posted a 13 per cent drop in new business value in the first half of 2022, as COVID-19 lockdowns in the Asia-focused insurer's main markets of China and Hong Kong weighed ... ( read original story ...)

Posted on 25/08/2022

Meet the CEO of Finblox, a Hong Kong-based crypto lender serving a region with some of the highest fintech adoption in the world

Peter Hoang is a YC alum who has raised $4 million for his crypto-investment firm Finblox, which has become one of Southeast Asia's rising stars. ( read original story ...)

Posted on 24/08/2022

New border channel to help Hong Kong students heading to mainland China for school has nearly 400 applicants

The special quota is aimed at easing travel to the mainland for the start of the academic year, after 1,000 frustrated students asked for help. ( read original story ...)

Posted on 24/08/2022

Hong Kong stocks end at over five-month low on China slowdown worries

The start-up board ChiNext Composite index dropped 3.6%, while Shanghai’s tech-focused STAR50 index fell 3.5%. ** In Hong Kong, the benchmark Hang Seng Index ended 1.2% lower at 19,268.7, its lowest ... ( read original story ...)

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