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Tag: finance

Posted on 31/12/2024

Hong Kong Sees Flurry of Year-End Listing Plans

Chinese companies ranging from a toy maker and a chemical material supplier to a simulation specialist commenced public offerings in Hong Kong.

Posted on 31/12/2024

Hong Kong’s Billionaire Cheng Family Seeks to Sell China Toll Roads for $2 Billion

The infrastructure arm of Hong Kong’s billionaire Cheng family is seeking to sell a bundle of roads in mainland China worth about $2 billion, according to people familiar with the matter.Most Read ...

Posted on 31/12/2024

Here are 9 major Hong Kong laws and policies that took effect in 2024

From enacting the city’s own security law to lifting all property cooling measures, the Post recaps nine significant changes this year.

Posted on 31/12/2024

Chinese stocks post first annual gain since 2020, HK ends 4-year rout

Chinese stocks registered their first annual gain following an unprecedented three-year decline despite a dip on the final trading day of 2024, while Hong Kong shares ended the year higher, supported ...

Posted on 31/12/2024

Hong Kong’s first breast milk bank to open next week

Hong Kong’s first breast milk bank will open next Monday, with plans to collect 1,000 litres (264.2 gallons) per year to help up to 600 premature and critically-ill newborns. The Hospital Authority on ...

Posted on 31/12/2024

China Maintains Crypto Ban, Hong Kong Offers New Opportunities for Crypto Firms

China's central bank emphasizes strict cryptocurrency regulations while Hong Kong adopts a more favorable approach with new licensing.

Posted on 31/12/2024

Chinese stocks end three-year losing streak, HK closes four-year rout with 17.9pc gain

Policy support sets stocks on path to end multi-year routs Banking and chip sectors led gains in 2024 Dividend plays could continue to outperform, analysts say Hong ...

Posted on 31/12/2024

Chinese stocks post first annual gain since 2020, HK ends four-year rout

The Shanghai Composite Index gained 13.9% in 2024, ending a two-year decline, while Hong Kong's benchmark Hang Seng Index closed the year's final session up 0.1%, for an annual gain of 17.9% that ...

Posted on 31/12/2024

AI to lift domestic HK banks’ earnings by 8-17%

AI could boost pretax earnings by up to 17%, or $1.5 billion a year, at Hong Kong banks BOCHK, Hang Seng, and BEA, based on Bloomberg Intelligence estimates, 2023 filings, and Deloitte research.

Posted on 31/12/2024

Hong Kong Sees Rush of IPO Filings on Last Trading Day of 2024

A slew of companies have announced plans to list shares in Hong Kong over the next month in a further sign the city’s IPO market is reviving.

Posted on 31/12/2024

Chinese toy maker Bloks Group files for up to HK$1.46 billion Hong Kong IPO

BLOKS Group is looking to raise as much as HK$1.46 billion (S$225 million) in a Hong Kong initial public offering (IPO), as the Chinese toy maker aims to ramp up product development and output while ...

Posted on 31/12/2024

Hang Seng May Give Up Support At 20,000 Points

The Hong Kong stock market has tracked lower in two straight sessions, sinking more than 50 points or 0.3 percent along the way. The ...

Posted on 31/12/2024

HSBC Holdings Boosts Shareholder Value with Aggressive Buy-Back

HSBC Holdings (GB:HSBA) has released an update.Don't Miss Our New Year's Offers:Discover the latest stocks recommended by top Wall Street ...

Posted on 31/12/2024

Busy 2024 for Hong Kong rugby but World Cup announcement overshadows on-field news

And it is at the new HK$30 billion (US$3.9 billion) complex where the Cathay/HSBC Hong Kong Sevens will make its home from 2025, after the worst-kept secret in local sport was revealed with ...

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