The Hong Kong stock market on Monday wrote a finish to the four-day slide in which it had tumbled more than 810 points or 3.3 percent. The Hang Seng Index now rests just above the 24,460-point plateau ... ( read original story ...)
Hong Kong Seen Selling Bills to Mop Up Liquidity After Ant’s IPO
Hong Kong’s central bank is expected to sell extra debt to soak up liquidity as funds return to the financial system following Ant Group Co.’s initial public offering. Heated demand for the share sale ... ( read original story ...)
Analysis: Fin or tech? China’s Ant, biggest-ever IPO, says it’s a tech firm not a bank
China's Ant Group, about to make the biggest public sale of shares ever, poses a basic conundrum: what kind of company is it - a financial colossus or a tech giant? ( read original story ...)
BOC Hong Kong (BHKLY) and Its Rivals Financial Comparison
BOC Hong Kong (OTCMKTS: BHKLY) is one of 74 public companies in the “Commercial banks, not elsewhere classified” industry, but how does it contrast to its rivals? We will compare BOC Hong Kong to ... ( read original story ...)
BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Short Interest Down 31.5% in October
BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 6,300 ... ( read original story ...)
Jack Ma Summoned by China Financial Regulators on Eve of Ant IPO
Four Chinese regulators including the central bank and banking watchdog invited billionaire Jack Ma and Ant Group Co.’s top executives to a supervisory interview on Monday, a rare meeting with ... ( read original story ...)
Chinese Regulators Summon Ant Leaders Amid Record IPO
China’s central bank and its securities, banking and foreign-exchange regulators met on Monday with Jack Ma and the top executives of Ant Group., ahead of the fintech giant’s record-breaking IPO later ... ( read original story ...)
Ant Group’s Financially Inclusive Blockbuster IPO
Ant Group from the beginning has sought to be financial inclusive through its wealth management products and lending. Its IPO was no different. ( read original story ...)
Ant IPO: how US-China trade tensions are driving foreign investment in world’s largest public offering
Foreign investors’ appetite for pipeline of Chinese technology IPOs seems to be growing despite threat of US financial sanctions, but analysts say it is unclear how long the window of opportunity may ... ( read original story ...)
Geely Auto leads Hang Seng Index 1.5 per cent higher as investors shrug aside rising global coronavirus infections
Hong Kong and China markets started the first trading day of the month on a positive note following a sell-off last week, as investors shrugged off rising global coronavirus infections.Market ... ( read original story ...)
Chinese investment bank CICC jumps 33% in its Shanghai debut
China International Capital Corp surged 33% in its debut on the Shanghai stock exchange on Monday as investors bet the country's fifth-biggest securities firm will benefit from a government push to ... ( read original story ...)
HSBC’s share price is climbing. Should I buy the stock now?
HSBC's share price fell to 282p in September. Since then, it has jumped 15%. Has the outlook improved? And is now the time to buy? The post HSBC’s share price is climbing. Should I buy the stock now? ( read original story ...)
Hong Kong’s fintech development could push city’s position as global financial center, official says
Compared to other technologies, fintech is the equivalent of a new industrial revolution, Christopher Hui told CNBC. ( read original story ...)
UPDATE 1-Hong Kong Exchange Fund Q3 investment income drops 57% q/q
Hong Kong’s Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$52.8 billion ($6.81 billion) in the third quarter, a drop of 56.6% from the previous quarter, the ... ( read original story ...)