Latham & Watkins has hired a debt finance partner in Hong Kong from White & Case. Andrew Bishop was most recently a partner at White & Case based in Hong Kong, where he advised investment banks and ... ( read original story ...)
Meagre gains for Hong Kong, mainland stocks, as investors weigh upbeat China economic data against US market dip, Covid-19 surge
The Hong Kong and mainland China stock markets eked out small gains after see-sawing on Tuesday, as investors weighed signs of economic recovery in China against a dip overnight in US markets and an ... ( read original story ...)
HSBC Looks Undervalued As Asian Economy Gets Back On Track
HSBC stock lost nearly 40% - dropping from $40 at the end of 2019 to around $24 in early April - before further declining to around $22 now. This implies the stock is around 45% lower than at the ... ( read original story ...)
Hong Kong shares close higher on strong China manufacturing data
China’s Caixin factory PMI hits best level in almost a decade * EV maker BYD gains on California coach purchasing orders BEIJING/SHANGHAI, Sept 1 (Reuters) - Hong Kong shares finished higher on ... ( read original story ...)
Former Co-Head of Hong Kong IPO Appraisal Joins Crypto Company
Lin Shi, a former Hong Kong stock exchange executive who helped to vet initial public offerings, has joined a cryptocurrency platform that is seeking to provide securitized token listings. ( read original story ...)
Hong Kong Shares May Take Further Damage On Tuesday
The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had jumped more than 750 ... ( read original story ...)
Covid-19 and security law cloud outlook for Hong Kong luxury homes
But now it faces two quite different challenges at once — the Covid-19 pandemic and the imposition of tough national security laws by Beijing that raise questions about the territory’s cherished ... ( read original story ...)
Hong Kong ‘shop king’ Tang Shing-bor reaches settlement on unpaid rent of US$1.5 million for hotel property
Billionaire Tang Shing-bor, Hong Kong’s “shop king”, has swiftly settled a court case brought against him over unpaid rent of nearly HK$12 million (US$1.5 million) for a hotel property in Tsim Sha ... ( read original story ...)
HKEX’s Charles Li wants to create another wave of mega IPOs in Hong Kong to stay ahead of Nasdaq in next market reforms
Hong Kong's stock market operator is keen to create another wave of mega stock offerings by mainland China's new-economy companies in the city by further tweaking its listing rules, its chief Charles ... ( read original story ...)
Amount spent by mainland Chinese on Hong Kong life insurance policies plummets 76 per cent as Covid-19 brings visitor arrivals to a standstill
Mainland Chinese spent HK$6.2 billion on life policies in Hong Kong in the first half of the year, a 76 per cent decline from the same period a year ago, according to the Insurance Authority. ( read original story ...)
Hong Kong, mainland stocks surrender gains as concern about China’s banks outweighs Xiaomi, Alibaba rally and steady August economic data
The stock markets in Hong Kong and mainland China gave up early gains and ended lower on Monday, with concern about the outlook for Chinese banks eclipsing optimism around technology stocks and upbeat ... ( read original story ...)
China’s Greenland Financial plans to raise $876 mln ahead of HK IPO – document
China's state-backed Greenland Holdings' financial arm is planning to raise up to 6 billion yuan ($876.41 million) in a pre-IPO round that will raise its valuation to 34 billion yuan, according to an ... ( read original story ...)
Hong Kong stocks fall as financial, consumer firms retreat
Hong Kong stocks reversed earlier gains to end lower on Monday, weighed down by financial and consumer staples firms. ** At the close of trade, the Hang Seng index was down 245.01 points, or 0.96%, at ... ( read original story ...)
Nongfu Spring raises $1.1 bln in Hong Kong IPO – sources
Chinese drinks producer Nongfu Spring 9633.HK will raise nearly $1.1 billion in its Hong Kong initial public offering (IPO) after ... ( read original story ...)