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Tag: finance

Posted on 13/02/2025

HSBC cuts rates on fixed mortgages in Hong Kong amid slumping sales

Other banks may follow with similar cuts to ease financing costs and help revive home sales Hong Kong's largest banks are likely to offer new mortgages to ease the burden on homebuyers amid elevated ...

Posted on 13/02/2025

China’s Mixue seeks US$500 million in Hong Kong IPO after Guming’s share sale

Chinese bubble tea maker Mixue Group plans to raise about US$500 million from its Hong Kong initial public offering (IPO) after peer Guming Holdings completed a US$232 million upsized share sale in ...

Posted on 12/02/2025

China’s Mixue seeks US$500 million in Hong Kong IPO after Guming’s successful debut

Chinese bubble tea maker Mixue Group plans to raise about US$500 million from its Hong Kong initial public offering (IPO) after peer Guming Holdings completed a US$232 million upsized share sale in ...

Posted on 12/02/2025

{Block Trade}BOC HONG KONG: 1.48m shares, or HK$38.41m

ET Net News Agency, 12 February 2025] A direct manual trade of 1.48 million shares of BOC HONG KONG (02388) was registered at 9:44a.m. The deal amounted to HK$38.41m, or at HK$26 ...

Posted on 12/02/2025

7 in 10 Hong Kong families lack financial planning

Hang Seng unveiled a wealth management plan to combat this. Many young families lack a comprehensive financial plan despite setting a savings goal of $2.31m (HK$18m) for key life objectives, Hang Seng ...

Posted on 12/02/2025

5 arrested in Hong Kong over bid to withdraw US$10 billion with fake documents

Post learns suspects include two with Filipino passports who arrived in city on Monday and tried withdrawing money from bank in Central.

Posted on 12/02/2025

Hong Kong’s latest bubble tea IPO mints another billionaire

Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial founder, Yun’an Wang, to US$1.2 billion, according to the Bloomberg ...

Posted on 12/02/2025

South Korean court clears HSBC of violating short-selling rules, Yonhap reports

A South Korean court on Tuesday acquitted HSBC on charges of violating the country's short-selling rules, the Yonhap News Agency reported. The Hong Kong unit of the bank was charged with illegal short ...

Posted on 11/02/2025

HSBC acquitted in South Korean court over short-selling charges

HSBC, the Hong Kong-based banking unit, was cleared of charges related to violation of short-selling rules in South Korea, as per a court official on Tuesday.

Posted on 11/02/2025

Hong Kong complains to WTO about US levies as China’s tit-for-tat tariffs take off

Hong Kong complains to WTO about US levies as China’s tit-for-tat tariffs take off - Donald Trump ‘totally disregarded’ Chinese city’s status as separate customs territory ...

Posted on 11/02/2025

GDS Said to Be Considering $500 Million US IPO of Ex-China Unit GDSI in 2025

GDS Holdings Ltd. is considering a US initial public offering of its GDS International business to raise about $500 million, according to people familiar with the situation.

Posted on 11/02/2025

South Korean court clears HSBC of violating short-selling rules

A South Korean court on Tuesday acquitted HSBC on charges of violating the country's short-selling rules, a court official said. The Hong Kong unit of the bank was charged with illegal short-selling ...

Posted on 11/02/2025

S Korean Court Rules HSBC HK Unit Not Guilty of Alleged Short-Selling Rule Violation

Seoul Southern District Court ruled that HSBC's Hong Kong subsidiary was not guilty of alleged short-selling rule violation, Yonhap News Agency reported. No evidence showed that HSBC employees knew of ...

Posted on 11/02/2025

5 arrested in Hong Kong over bid to withdraw US$100 million with fake documents

Post learns suspects include two with Filipino passports who arrived in city on Monday and tried withdrawing money from bank in Central.

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