Tag: finance

Chindata Group Holdings Ltd.climbed 20% in its trading debut after raising $540 million in a U.S. initial public offering priced at the top of a marketed range. ( read original story ...)

Chief Executive Carrie Lam hails central government for always being city’s ‘strong supporter’, as she highlights how mainland successfully overcame impact of coronavirus. ( read original story ...)

Hong Kong shares ended higher on Wednesday as sharp gains in China Evergrande Group boosted property stocks, after the developer secured investments to ease some of its liquidity crunch worries. ** At ... ( read original story ...)

HKMA forced to intervene to weaken currency 15 times in September as hot money chases hot Chinese IPOs, secondary listings in the city. ( read original story ...)

Chindata Group Holdings Ltd. has raised $540 million in its U.S. initial public offering after pricing at the top of a marketed range, according to people familiar with the matter. ( read original story ...)

Private home prices in Hong Kong fell 1.1% in August, their biggest monthly drop since February, official data by the Rating and Valuation Department showed on Wednesday, as the financial centre was ... ( read original story ...)

The Hong Kong Monetary Authority sold HK$7.626 billion ($984.04 million) into the market in New York trading hours after the currency hit the strong end of its trading band, data released by the HKMA ... ( read original story ...)

A family of wild boars was captured on video taking a dip in the fountains outside the Bank of China Tower in Hong Kong. The Facebook video shows the family of boars enjoying a swim in the bank’s ... ( read original story ...)

Any HSBC insider will tell you that the bank’s history has been entwined with Hong Kong for 155 years and will continue to be so for centuries more.Executives selected to rise to the top of the ... ( read original story ...)

SMIC's shares fell as much as 7.9% to HK$17.12 ($2.21), the lowest since May 29, and were last down 6.7%. The company said it had not received any official notice of the restrictions and added it has ... ( read original story ...)

Hong Kong's finance secretary has asked for a policy rethink of the city's strategy for surviving Covid-19 and a rapidly shifting geopolitical landscape, warning of a slow economic recovery amplified ... ( read original story ...)

Hong Kong markets retreated on Tuesday as investors were weighed down by concerns over a resurgence of the global coronavirus pandemic.The Hang Seng Index rose by as much as 0.5 per cent in early ... ( read original story ...)

Hang Seng Index gained as much as 0.5 per cent to 23,601.40 in early trading, before slipping into negative territory. ( read original story ...)

The Hong Kong stock market on Monday ended the two-day slide in which it had tumbled more than 500 points or 2.1 percent. The Hang Seng Index now rests just above the 23,475-point plateau and it's ... ( read original story ...)