Tag: finance

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 ...)

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 ...)

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 ...)

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 ...)

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 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 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 ...)

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 ...)

BOC Hong Kong (Holdings) Ltd. said its first-half net profit fell 12% compared with the same period a year earlier as the Covid-19 pandemic caused higher impairments and cut into its operating income. ( read original story ...)

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had jumped more than 750 ... ( read original story ...)

Antengene, a three-year old Shanghai startup originally backed by Celgene, will conduct a Hong Kong IPO that is expected to raise $200 million. ( read original story ...)

Smuggled cigarettes amounting to P121 million were confiscated in the Subic Bay Freeport, the Bureau of Customs (BOC) reported on Saturday. The BOC in Subic port said ... ( read original story ...)

China tensions mean cash reserves need to be kept strong, argue financial secretary and city’s No 2 executive. ( read original story ...)

The top beneficiary was the city’s biggest international school group, the English Schools Foundation (ESF), which received more than HK$71 million, while dozens of other schools received help to the ... ( read original story ...)