Tag: finance

The Hong Kong stock market has climbed higher in consecutive trading days, advancing more than 185 points or 0.8 percent along the way. The Hang Seng Index now sits just above the 23,975-point plateau ... ( read original story ...)

Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) announced the launch of Ping An Consumer Finance Co., Ltd. (Ping An Consumer Finance) in Shanghai upon approval from ... ( read original story ...)

Rather than the perceived risk of the graphics chipmaker falling into private Chinese hands, he says the plan now is for a public listing again, potentially in London, New York or Hong Kong. The ... ( read original story ...)

Chinese cancer drugs developer Akeso is banking on a marketing tie-up with pharmaceutical major Sino Biopharmaceutical to catch up with competitors after a record-setting initial stock offering in ... ( read original story ...)

From the end of 2020, the top five most resilient stock markets in the world are forecasted to be China, the United States (US), Hong Kong, Saudi Arabia and India. For the first time in 20 years, ... ( read original story ...)

Hong Kong’s defense of its currency peg will likely boost the interbank liquidity pool to a level unseen in two years, lowering local borrowing costs and weakening its dollars.As authorities sell the ... ( read original story ...)

Why it matters: Megvii was initially planning a Hong Kong IPO but the company’s inclusion on the US’ so-called Entity List and the coronavirus outbreak have presented significant roadblocks. Megvii ... ( read original story ...)

The Hong Kong stock market on Wednesday ended the two-day slide in which it had tumbled more than 580 points or 2.4 percent. The Hang Seng Index now sits just beneath the 23,900-point plateau and it's ... ( read original story ...)

A roundup of Hong Kong pro-democracy activists and a row over the powers of Beijing's office in the city have deepened the political crisis engulfing the financial hub even as a coronavirus lockdown ... ( read original story ...)

The Pandemic Is Cover for a Crackdown in Hong Kong The Pandemic Is Cover for a Crackdown in H... When COVID-19 broke out in China this year, Hong Kong was on the front lines. It was not an unfamiliar ... ( read original story ...)

Among them is HSBC, which is to donate more than HK$60 million (US$7.7 million) to benefit 600,000 people after its controversial decision to cancel dividends angered many shareholders. Those with ... ( read original story ...)

Hong Kong unveiled a government shake-up on Wednesday that it said was aimed at reviving the financial hub's beleaguered economy and had nothing to do with a recent controversy over Beijing's role in ... ( read original story ...)

The Hong Kong Monetary Authority's (HKMA) said on Wednesday its new U.S. dollar lending facility will total $10 billion, in a bid to shore up U.S. dollar liquidity among local banks. Add details HONG ... ( read original story ...)

Hong Kong’s defense of its currency peg will likely boost the interbank liquidity pool to a level unseen in two years, lowering local borrowing costs and weakening its dollars. ( read original story ...)