Shares in HSBC sank more than two percent in Hong Kong on Friday after a report said major investor Ping An Insurance was looking to trim its stake in the banking giant.
Haidilao restaurant operator Super Hi prices US IPO at $19.56 per share
Super Hi International, which operates Chinese hotpot restaurant chain Haidilao in the overseas market, on Thursday priced its initial public offering in the United States at $19.56 per share. The ...
What Is the Hang Seng Index (HSI)?
The Hang Seng Index is a very important index that tracks stocks in China, Hong Kong, and Asia. Read on to learn more about why it matters.
{Block Trade}HSBC HOLDINGS (00005): 2m shares, or HK$140m
The deal amounted to HK$140m, or at HK$70 per share, 1.5% higher than previous close. HSBC HOLDINGS is now trading up 1.52% to HK$70, with 22.68 million shares of HK$1.58b ...
B&K Corp Seeks IPO To Keep Its Slow-Developing Drugs Alive
B&K lost nearly 200 million yuan in the past two years, as its administrative expenses exceeded its R&D spending The drug maker’s president, who is also the founder’s son, has previous experience main ...
HANG SENG BANK’s Diana Cesar: Sustained High Interest Rate May Affect Desire to Buy Home
As of December 2023, home mortgage loans accounted for 40% of HANG SENG BANK's total loans, with very low delinque... HANG SENG BANK (00011.HK) +3.900 (+3.618%) Short selling $75.75M; Ratio 23.302% ...
‘Green finance to help HK develop hydrogen energy’
A think tank on Thursday said Hong Kong, being an international financial hub, can speed up the development of hydrogen energy through green ...
1997: Hong Kong handed over to Chinese control
July 1997, Hong Kong is handed back to the Chinese authorities, ending more than 150 years of British control. The UK had controlled Hong Kong island since 1842, apart from a brief period during World ...
Hong Kong to launch first breastmilk bank next year to aid 600 infants annually
Hong Kong will launch its first breastmilk bank early next year, helping up to 600 premature or severely ill infants who cannot be fed by their biological mothers annually. The Hospital Authority ...
DBS Hong Kong and Sanfield Pave the Way for Green Construction with a Pioneering Sustainability-linked Supplier Payment Services Program
First of its kind in Hong Kong's construction industry to drive ESG initiativesHONG KONG SAR - Media OutReach Newswire - 16 May 2024 - DBS Bank (Hong Kong) Limited ("DBS Hong Kong") and Sanfield ...
HSBC Asset Management Makes Series of Executive Appointments in Asia, Creates New HK CEO Role
HSBC Asset Management announced a series of personnel appointments. Of which, HSBC Global Asset Management (Hong Kong) will create a new Chief Executive Officer (CEO) position in H... HSBC Asset ...
Hong Kong’s Financial Empire Faces Critical Turning Point as Chinese Power Increases
Hong Kong, once a financial beacon, now faces challenges with a slipping global ranking and stringent Chinese controls on cross-border money flows.
Hong Kong’s history as espionage hotbed is back in spotlight after duo arrested in UK. The Post shares portraits of past spies
Hong Kong’s loose visa requirements and lack of espionage laws before 2024 meant city was previously an ideal location for collecting and exchanging sensitive information.
{Block Trade}HSBC HOLDINGS: 500k shares, or HK$35.16m
The deal amounted to HK$35.16m, or at HK$70.325 per share, 0.9% higher than previous close. HSBC HOLDINGS is now trading up 0.86% to HK$70.3, with 10.2 million shares of HK$715.71m ...