Global bank giant HSBC on Tuesday announced tumbling profits for the third quarter on impairment charges linked to a weak economic outlook and its upcoming sale of French retail operations. ( read original story ...)
Hong Kong Sevens 2022: South Africa name squad, five stars recalled after missing World Cup
Five stars who missed out on Rugby World Cup Sevens have been included for opening tournament on the 2023 Series. ( read original story ...)
Hong Kong homebuyers show tepid demand for new units with prices expected to fall in the fourth quarter
Out of 118 units available at One Innovale-Cabana in Fanling, 66 changed hands on Saturday, and none sold at Tuen Mun and Kowloon City communities Property sales are expected to recover slightly in ... ( read original story ...)
Hong Kong’s finance chief Paul Chan vows to do his ‘best’ and attend banking summit in person after contracting Covid-19, as event triggers political war of words
Government is gearing up to host Global Financial Leaders' Investment Summit next week Top advisers to city leader forced to defend event after two US lawmakers say attending makes American bankers ... ( read original story ...)
China’s Giant Biogene to raise $70 mln in Hong Kong IPO -sources
China's Giant Biogene has priced its shares at HK$24.30 each to raise $70 million in its Hong Kong initial public offering, according to two sources with direct knowledge of the matter. ( read original story ...)
HSBC takes Lloyds securitization banker
Needing to plug the gap, HSBC is understood to have hired James without using a recruitment firm. However, he is not a like for like replacement as Mansbridge was a director. Rather, it is part of ... ( read original story ...)
Hong Kong’s finance chief vows ‘to do his best’ and attend banking summit in person after contracting Covid-19, as event triggers political war of words
Government is gearing up to host Global Financial Leaders' Investment Summit next week Top advisers to city leader forced to defend the summit after two US lawmakers said attending makes American ... ( read original story ...)
HK IPO pipeline builds, despite investor reluctance to buy
Companies are adding to the growing pipeline of IPOs in Hong Kong, but they are set to face an uphill battle to get past the finish line amid lukewarm market sentiment and wary investors. One of China ... ( read original story ...)
Hong Kong’s FinTech Week faces off with Singapore event as cities jostle to be Asia’s financial innovation hub
The highlight of Hong Kong's fintech event next week is expected to be a relaxation of cryptocurrency rules for retail investors The event coincides with a similar one in Singapore, which is seen as ... ( read original story ...)
US lawmakers urge bank chiefs to reconsider Hong Kong banking summit citing clampdown
US lawmakers on Thursday asked executives of major banks to reconsider attendance at a major conference next week in Hong Kong, saying their presence legitimises China’s clampdown in the city. Heads ... ( read original story ...)
Hong Kong-based furniture maker Decca files for $33M US IPO
Hong Kong-based furniture maker Decca Investment Ltd (DCCA) has filed for a proposed $33M US initial public offering. Read more on the IPO here. ( read original story ...)
Milk Producer AustAsia Makes Fresh IPO Pitch, with Client Backing
AustAsia has tweaked the wording of its profile in the new IPO prospectus, dropping the phrase “largest independent” dairy producer from its description With milk production costs rising and prices ... ( read original story ...)
Local fans snap up 25,000 Hong Kong Sevens tickets with over 30,000 people set to attend kick-off
Hong Kong Rugby Union says it is ‘thrilled’ by number of sales, with organisers to also host 6,000 school students at launch event. ( read original story ...)
US lawmakers urge bank chiefs to reconsider Hong Kong meeting
US lawmakers on Thursday asked executives of major banks to reconsider attendance at a major conference next week in Hong Kong, saying their presence legitimizes China's clampdown in the city. ( read original story ...)