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Tag: finance

Posted on 09/05/2024

HKEX’s new CEO is betting on big IPOs coming back

HONG Kong Exchanges & Clearing (HKEX) is anticipating the comeback of big ticket initial public offerings (IPOs) to the city as underlying conditions improve and Chinese regulators give a helping hand ...

Posted on 09/05/2024

Is BOC Hong Kong (BHKLY) Stock Outpacing Its Finance Peers This Year?

Here is how BOC Hong Kong Ltd. (BHKLY) and BrightSphere Investment Group (BSIG) have performed compared to their sector so far this year.

Posted on 09/05/2024

Hong Kong-based Gome FinTech marks diversification by acquiring Chinese game developer CashBox for US$25.6 million

Hong Kong-based financial service platform Gome Finance Technology (Gome Fintech) has unveiled plans to acquire Chinese game developer and publisher CashBox Group Technology for HK$200 million ...

Posted on 09/05/2024

Hong Kong attracts US$832 million in investment from life-science technology firms setting up or expanding

The investments, which will yield 3,200 jobs, come amid government efforts to enhance Hong Kong’s position as an innovation hub in the field.

Posted on 09/05/2024

Protest song ‘Glory to Hong Kong’ now banned in city

An appeals court has granted the Hong Kong government’s request to ban the protest song, overturning an earlier ruling.

Posted on 09/05/2024

Hong Kong court hears Jimmy Lai’s finance chief approved payments to tycoon’s assistant without knowing where the money was to be spent

Royston Chow, former Next Digital chief financial officer, said he handed over millions of dollars to Lai’s assistant Mark Simon, but had no idea how it would be spent.

Posted on 09/05/2024

Hong Kong stocks enter bull market: banks, insurers gain after Fed rate decision as China’s policy support adds to cheer

Hong Kong stocks rose on Thursday driven by gains in the banking sector and in insurance companies after the US Federal Reserve signalled it would wait longer before cutting interest rates ...

Posted on 08/05/2024

China Market Update: Hong Kong Sees Profit Taking As Autohome Beats Estimates

China Construction Bank, which fell -0.76%, and Hong Kong Exchanges & Clearing, which fell -3.01%. Real estate was whacked -4.45% in Hong Kong and -3.12% in Mainland China on profit-taking from tis ...

Posted on 08/05/2024

LD Capital, Antalpha Ventures, Highblock Unite for Hong Kong’s First ETF Liquidity Fund

In a historic move, major blockchain venture capital firms in Asia have joined hands to introduce Hong Kong's first-ever ETF liquidity fund.

Posted on 08/05/2024

With onsite inspections, China dials up scrutiny of local market IPO hopefuls

Chinese regulators are scrutinising old business deals and even the personal bank accounts of senior executives as they ramp up inspections of IPO hopefuls to slow the pace of fresh capital raisings ...

Posted on 08/05/2024

WBD Unveils Canal+, Amazon Deals For Max In France & Spain Along With Launch Date; Fremantle UK Finance Hire; Hong Kong Avant Garde Festival – Global Briefs

WBD Unveils Canal+, Amazon Deals For Max In France & Spain Along With Launch Date Warner Bros. Discovery (WBD) has struck deals with Amazon and Canal+ to distribute streamer Max in France and Spain, ...

Posted on 08/05/2024

Hong Kong to propel development of new quality productive forces

Hong Kong's advantages in multiple areas such as finance, funds, technology innovations, talent cooperation and more, can be utilized in promoting new quality productive forces, said Kevin Chan, ...

Posted on 08/05/2024

HKD 2.4 Billion AUM Highlights Strong Market Entry for Newly Launched Spot Crypto ETFs in Hong Kong

This milestone highlights the successful fusion of traditional financial systems with cutting-edge digital asset solutions, showcasing the evolution and maturity of Hong Kong's digital finance ...

Posted on 08/05/2024

Hong Kong’s crypto spot ETF move beats regional peers

The inclusion of cryptocurrency Ether, alongside Bitcoin, for the exchange-traded funds on the Hong Kong Stock Exchange, contrasts with the US approach.

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