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Tag: finance

Posted on 15/07/2024

Goldman Sachs names India investment banking co-chiefs, Hong Kong coverage head

HONG KONG (Reuters) - Goldman Sachs has appointed Sudarshan Ramakrishnan and Devarajan Nambakam as co-heads of investment banking in India, the latest Wall Street bank to bolster its leadership amid a ...

Posted on 15/07/2024

Hong Kong police warn of tech support scam duping expats, English-speakers of HK$17 million

Scam involves pop-up ads with flashing alerts and loud alarms, claiming that victims' computers were attacked by malware, police say Hong Kong police have warned of a rising trend of fraudsters ...

Posted on 15/07/2024

Fintech WeBank Chooses Hong Kong for New Global Headquarters

Furthermore, it underscores the potential for technology-led financial services to play a transformative role in traditional banking sectors globally. Hong Kong authorities have expressed their ...

Posted on 15/07/2024

Super Terminal Expo to be held in Hong Kong

The Super Terminal Expo will be held in Hong Kong this November. The expo will feature conferences, awards and forums centred on celebrating and ...

Posted on 15/07/2024

WH Group Plans IPO for Smithfield US and Mexico Businesses

The world’s biggest pork producer WH Group Ltd. is spinning off the US and Mexico businesses of Smithfield Foods Inc. and listing them in New York, it said in a Hong Kong stock exchange filing. The ...

Posted on 15/07/2024

Rosy view of Hong Kong’s finances won’t prepare people for fee hikes

Stop masking true scale of budget deficits with bond proceeds. Hongkongers are not stupid. They know the government must balance the books.

Posted on 15/07/2024

HSBC Buys back ~9.42M Shrs for HKD635M in Total Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 9.4165 million shares of the company on the UK and Hong Kong markets yesterday (8th), involving a total of HKD635 ... HSBC HOLDINGS ...

Posted on 14/07/2024

BOC Aviation: Recent Disclosures Offered Both Positive And Negative Takeaways

Readers should be aware that BOC Aviation's shares are traded on the Stock Exchange of Hong Kong and the Over-The-Counter market. The trading liquidity for the company's OTC shares is limited. But BOC ...

Posted on 14/07/2024

US to press on with ‘strategic engagement’ with Hong Kong, experts say amid policy debate

Observers say Washington expected to keep up pressure on city despite ex-diplomat arguing Hong Kong remains distinct from mainland China The United States is likely to push on with pressuring Hong ...

Posted on 13/07/2024

Crisis in Hong Kong football: switching off the lights in clubs’ financial black hole

Burning cash and sharing pitches with the public, city’s teams are ill-equipped to play in mainland China and resistant to forcing change.

Posted on 13/07/2024

Hong Kong Bitcoin ETFs’ Buying Spree; 425 BTC Purchased This Week

Hong Kong Bitcoin ETFs show a bullish trend, with 425 BTC purchased over 4 consecutive days, signaling growing investor interest in the region.

Posted on 13/07/2024

Hong Kong to conduct checks on public housing applicants for mainland property ownership

Housing director Rosanna Law says measure to crack down on abuse will include closer communication with mainland Chinese counterparts.

Posted on 12/07/2024

Hong Kong and mainland Chinese exchanges add 91 ETFs to Stock Connect scheme

It is also part of the five measures announced by the China Securities Regulatory Commission in April to strengthen ties between the two markets and boost Hong Kong’s status as a global financial hub.

Posted on 12/07/2024

Hong Kong’s WH Group Subsidiary Smithfield Foods Gears Up For $1B IPO In US: Report

The U.S.-based subsidiary of Hong Kong’s WH Group Ltd. (OTC:WHGLY), Smithfield Foods Inc., is reportedly gearing up for a U.S. initial public offering (IPO). The company has chosen Bank of America ...

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