Stocks are getting a boost from expectations China’s biggest lenders will cut their lending rates next week. Xiaomi, Orient Overseas and China Merchants Bank are due to report their earnings today. ( read original story ...)
Hong Kong shares down at start of trade
Hong Kong stocks opened slightly lower on Friday morning, with investors continuing to fret over the economic outlook as central banks ramp up interest rates to fight runaway inflation. ( read original story ...)
CTG Duty Free Raises $2.1 Billion in Hong Kong Listing
China Tourism Group Duty Free Corp. raised about HK$16.2 billion ($2.1 billion) in its Hong Kong offering, in the year’s biggest listing in the Asian financial hub.Most Read from BloombergApple ... ( read original story ...)
Hong Kong’s AMTD, whose stock soared 32000%, faces regulatory scrutiny
The previously unreported probe by Hong Kong's securities watchdog into AMTD Group Co., which is run by former UBS Group AG banker Calvin Choi, predates the US listing of its unit AMTD Digital Inc ... ( read original story ...)
Hong Kong Start With Gains
Hong Kong stocks opened higher Tuesday, with market heavyweight Alibaba boosted by news it will seek a primary listing in the city, which would allow it to be traded by mainland investors. We've ... ( read original story ...)
Kwarteng blocks takeover of Pulsic by Hong Kong rival over security concerns
Business secretary says move to protect Bristol-based electronic design firm ‘necessary to mitigate the risk’ ... ( read original story ...)
Chip Startup Horizon Robotics Seeks Funds, Weighs H.K. IPO Timing, Sources Say
Chinese artificial intelligence-chip startup Horizon Robotics Inc. is considering raising $100 million to $200 million in fresh capital, according to people familiar with the situation.Most Read from ... ( read original story ...)
Live news updates: Singapore Exchange posts record revenues as Hong Kong bourse’s profits tumble
The company’s Hong Kong-listed shares slumped as much as 15 per cent during a single trading session in July, wiping about $1.7bn from its market value after it announced a heavily discounted capital ... ( read original story ...)
AMTD Digital parent behind 32,000% IPO probed by Hong Kong regulator
Despite just US$25m full-year revenue, AMTD Digital's market capitalisation briefly surged above US$400b in early August. Read more at straitstimes.com. ( read original story ...)
FinTech Startup PropCap Poised to Alternative for Professional Investors with Asia’s First AI-Powered Mortgage Match-Lending Platform
HONG KONG SAR - Media OutReach - 18 August 2022 - PropCap Technologies Limited (PropCap), an award-winning FinTech startup incubated by Cyberport Hong Kong, today announced its strategic expansion ... ( read original story ...)
Insight – Hong Kong’s wild stock swings hit New York after IPO clampdown
THE wild stock swings that Hong Kong regulators spent more than half a decade trying to stamp out are now popping up in New York. ( read original story ...)
Forum highlights Hong Kong’s role in regional cooperation
The 25th anniversary of Hong Kong's return to the motherland is a new start for Hong Kong, and the thorough and precise implementation of the "one country, two systems" principle is set to open up ... ( read original story ...)
3 Hong Kong men jailed for attacking six-year-old girl with orange paint over ‘business feud with family member’
Assailants walked to school entrance and splashed orange paint over victim’s back and stained her schoolbag, uniform and socks. ( read original story ...)
Hong Kong Bourse Redeems Investments After Profit Miss
Hong Kong’s stock exchange is redeeming some of its external investment portfolio after profit slid more than estimated, weighed down by falling markets, trading and initial public offerings. Most Rea ... ( read original story ...)