OKX Ventures, the investment arm of leading Web3 technology company OKX, has issued updates for March 25, 2024.
Hong Kong’s once high-flying bankers become a lost generation
IPO fund-raising in Hong Kong fell by 56 per cent in 2023 to HK$46 billion, the least since the dot.com crash of 2000. Read more at straitstimes.com.
China and Hong Kong stocks close down as investors take profits
The blue-chip CSI300 index was down 0.54%, with its financial sector sub-index lower by 0.5%, the consumer staples sector down 0.76%, the real estate index up 1.62% and the healthcare sub-index down 0 ...
Hong Kong stocks edge up as yuan rebounds, investors watchful in earnings-packed week
The yuan currency posted the biggest daily gain this year against the dollar after the People's Bank of China set a higher daily reference rate Caution prevailed as 26 companies that comprise the ...
‘HK can help promote global green finance’
Financial Secretary Paul Chan on Monday said that Hong Kong could make valuable contributions in facilitating global finance and tech cooperation to ...
Hong Kong’s education minister pledges moderated university fee hikes, saying government will consider the financial burden on students
Christine Choi says the ‘very pragmatic approach’ will ensure it will take around five years to touch 40 per cent target for non-local students ...
Hong Kong ELS loss compensation unlikely to affect banking shares
Brokerage industry forecasts suggest that the recently announced, stricter-than-expected compensation guidelines for losses from equity-linked securities (ELS) tied to the Hang Seng China Enterprises ...
Standard Chartered HK’s priority banking clients doubled in 2023
The bank recently released the Hong Kong Affluent Travel Study 2024, which found that high net worth individuals (HNWIs) in the city plan to spend HK$870,000 for travelling this year. On average, ...
Hong Kong’s status as green finance hub in danger from ‘loopholes’, lack of greenwashing checks: Greenpeace
The city needs to set financing volume targets, restrict fossil fuel financing and enact a specialised anti-greenwashing law, environmental group says Government is pursuing multipronged strategy ...
HSBC’s Luanne Lim Appointed as Board Member of FSDC
The HK Government announced that the Chief Executive appointed Luanne Lim Hui-hung as a member of the Board of Directors of the Financial Services Development Council (FSDC), for a... The HK ...
PING AN (02318.HK) Subsidiary Ping An Bank Logs Profit of RMB46.455B in 2023, Up 2.1%
PING AN (02318.HK) announced the 2023 annual results of its subsidiary PING AN BANK (000001.SZ).The bank's operating revenue was RMB164.7 billion, down 8.4% YoY. Net profit att... During the year, ...
RMB471.5M Net Inflow to PING AN BANK from Northbound Trading of SZ-HK Connect
For Northbound Trading of Shanghai-Hong Kong Stock Connect, the most active stocks with net inflow in pecking order were HENGRUI PHARMA (600276.SH) (RMB359.7 million), SERES (60112... At close, ...
Didi Global’s Revenue Jumps Ahead of Planned Hong Kong IPO
Didi Global Inc.’s fourth-quarter revenue rose 55% from a year earlier, sustaining the Chinese ride-hailing leader’s gradual recovery ahead of a planned listing in Hong Kong this year.
HSBC celebrates longstanding relationship between Bangladesh and China
The Hongkong and Shanghai Banking Corporation Limited (HSBC) recently hosted ‘Bangladesh-China Business Connections’ event bringing Chinese businesses, institutions together to celebrate the long ...