[ET Net News Agency, 17 June 2024] CM BANK (03968) rose 3% to HK$34.75, breaking above the 10-D SMA of HK$34.73. It hits an intra-day high of HK$34.8, and an intra-day low of HK$33.5. The total shares ...
Hong Kong Stocks Close Flat as Investors Digest China Data
Hong Kong's Hang Seng Index closed flat at 17936.12 after a choppy trading session. Investors were likely digesting data pointing to house prices falling in May despite more government measures. The s ...
Bonnie Chan lauds ‘resilience’ of HKEX as new listing rules boost pace of Hong Kong’s IPOs
The momentum of Hong Kong’s initial public offerings (IPO) has picked up since April, auguring well for the exchange as it claws its way back in the rankings of the world’s top spots for fundraising. ...
HKFP Lens: Across Hong Kong, the streets bear the scars of a stubbornly weak retail sector – shuttered stores
Before the Covid-19 pandemic, Hong Kong was known as a “shopping paradise.” But since lifting all anti-epidemic measures early last year, the city has struggled to live up to its reputation. Last ...
Hang Seng Bank concludes media pitch for HK
Hang Seng Bank has handed its Hong Kong media duties to EssenceMediacom, following a competitive pitch in February, MARKETING-INTERACTIVE understands. Under the agreement, the agency will handle ...
Manchester United to upgrade training facilities, designed by Hong Kong HSBC architect
Work on the project will cost around £50m, and is likely to start next week and take as long as whole of the 2024/25 season, during which temporary adaptations will be made to accommodate players and ...
Biggest Hong Kong challenges are political problems, not financial troubles: city leader
Issues stemming from ‘power play between nations’ exert ‘biggest pressure’ on Hong Kong as a part of China, John Lee says.
41 Hongkongers lose HK$12 million in malware scam involving Singapore and Malaysia
Forty-one Hongkongers have lost more than HK$12 million (US$1.54 million) in a regional scam involving the use of malware to steal bank information, according to the city’s police who collaborated ...
HSBC boss knighted despite bank’s controversial links to China
The chairman of HSBC has been awarded a knighthood despite previously facing criticism over the bank’s controversial ties to China. Mark Tucker, who has chaired HSBC since 2017, was given the award ...
How three MIT scientists and Tencent’s backing created Hong Kong’s new investor darling
in an initial public offering (IPO) in Hong Kong, becoming the first technology company to float shares under the city’s relaxed regulatory framework known as Chapter 18C. The Hong Kong stock exchange ...
Hong Kong’s biggest challenges are political problems, not financial troubles: city leader
Issues stemming from ‘power play between nations’ exert ‘biggest pressure’ on Hong Kong as a part of China, John Lee says.
AI drug discovery startup goes public in Hong Kong, nabbing $115M to build on pharma partnerships
Chinese AI drug discovery company XtalPi has landed on the Hong Kong stock exchange after nearly $115 million ($896.13 million HKD) from an IPO. XtalPi, which is listing under the name QuantumPharm, ...
Dun & Bradstreet and HSBC team up to support Hong Kong businesses embark on their ESG journeys
Dun & Bradstreet (D&B), a global provider of business decisioning data and analytics, and HSBC today announce a collaboration aiming to help businesses in Hong Kong strengthen their resilience and ...
GBA has edge over San Francisco in finance: FS
Hong Kong's status as an international financial hub has provided a "competitive advantage" to the Greater Bay Area in financial services over its ...