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Tag: finance

Posted on 21/05/2024

HANG SENG BANK Buys back 300K Shrs for $33.98M

HANG SENG BANK (00011.HK) disclosed in its statement that it repurchased 300,000 shares of the company on the Stock Exchange of Hong Kong at $111.5-114.4 per share on 20 May, involving about $33.98 ...

Posted on 21/05/2024

China’s dual-listed companies’ shares show Hong Kong discount over yuan counterparts at 15-month lows

Hong Kong-traded shares of Chinese dual-listed companies are at their smallest discounts to their counterparts on the mainland in 15 months as global investors pile in after Beijing launches measures ...

Posted on 21/05/2024

HSBC SVNS: Hong Kong’s bid to join world rugby sevens elite thwarted in last play of game, but China’s women have chance

City's men's team suffer consecutive last-ditch blows in the qualifying pathway to rugby sevens' top tier, extinguishing world series hopes for another year Uruguay men claim Challenger series title ...

Posted on 21/05/2024

No delay to Hong Kong’s plan to allow stock market to stay open in typhoons, treasury secretary says

The financial services secretary, Christopher Hui Ching-yu, has denied media reports that a major stock market reform that would see trading continue as normal during typhoons and torrential rains has ...

Posted on 20/05/2024

China Market Update: Hong Kong & Mainland China Climb The Great Wall Of Skepticism

Asian equities were largely higher despite the US dollar’s strength overnight though India was on holiday for election day.

Posted on 20/05/2024

Managing director of major mainland Chinese bank in Hong Kong sued by ex-employee for alleged sexual harassment

District Court writ claims woman banking high-flyer, hired from overseas, was assigned to a lesser role after she spurned managing director Alan Lai’s advances.

Posted on 20/05/2024

Beijing’s oppressive rule turned the tables for Hong Kong

Then Beijing went for changing the electoral system inviting huge protests. On April 29, 2024, the Hong Kong-based South China Morning Post wrote: “Chinese consumers are increasing their appetite for ...

Posted on 20/05/2024

Hong Kong retailers to accept digital yuan as e-CNY pilot expands

CNY would offer a secure and convenient method for residents of Hong Kong and the Mainland to conduct retail transactions across borders. As part of the expanded pilot program, he noted that Hong Kong ...

Posted on 20/05/2024

Chan Ka-keung Thinks Conditions for Launching IPO Connect are Not Present Yet

This is because IPO Connect would involve the regulatory regimes of both Hong Kong and the Mainland, which are quite different at present. Related News G Sachs: Potential Div. Tax Cut Strongly Bullish ...

Posted on 20/05/2024

HSBC HOLDINGS Buys back ~7.73M Shrs in Total Last Fri

HSBC HOLDINGS (00005.HK) repurchased 4.5356 million shares of the company in London last Friday (17th) at GBP6.895-6.992 per share, with an average price of GBP6.9559 per share, for a total of ...

Posted on 20/05/2024

Hong Kong stocks at 10-month highs after China’s property rescue measures

Sportswear maker Li Ning jumped 4.5 per cent to HK$23 while online travel agency Trip.com added 3.1 per cent to HK$452.20. The People Bank’s of China on Friday announced some of the most aggressive ...

Posted on 20/05/2024

Hong Kong’s family office measures succeed in attracting global interest: JPMorgan Private Bank

With tax and regulations on the top of the list for family offices, Hong Kong scores well in these areas, JPMorgan Private Bank's Paul Knox says Most of the interest is from the bank's clients in ...

Posted on 20/05/2024

{Block Trade}CM BANK (03968): 1m shares, or HK$38.52m

The deal amounted to HK$38.52m, or at HK$38.525 per share, 2.2% lower than previous close. CM BANK is now trading down 2.16% to HK$38.55, with 10.67 million shares of HK$414.7m ...

Posted on 20/05/2024

Australian investors snag Hong Kong bargains as share prices surge

Fund managers see opportunities, with Chinese authorities promising measures to stop a long-term outflow of money from one of Asia’s biggest stock markets.

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