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Tag: finance

Posted on 09/06/2024

HK Financial Sector’s Growth Continued After Security Law: HKMA

Hong Kong’s financial industry has continued to grow after the 2020 enactment of the national security law, despite predictions of a flight of capital from the city, according to de-facto central bank ...

Posted on 08/06/2024

Opinion | Judging Hong Kong’s Foreign Judges

Of all Britain’s legacies in Hong Kong, none was more precious than the rule of law, which transformed a barren island into a world financial center. But those days are gone, capped off by the news ...

Posted on 08/06/2024

Are Finance Stocks Lagging BOC Hong Kong (BHKLY) 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 07/06/2024

Hong Kong aims to stop shutting down stock exchange for typhoons by September, source says

“The consultation on the Severe Weather Trading proposal concluded earlier this year, and we are pleased to have received broad support for its implementation, which will further enhance Hong Kong’s ...

Posted on 07/06/2024

Bank of Singapore’s Hong Kong CEO outlines ‘ambitious’ 2026 AUM target

BOS in Hong Kong plans to grow AUM by 50% by 2026 compared to end-2023 figures. Chan himself calls this an “ambitious” plan.

Posted on 07/06/2024

Hong Kong will reportedly stop halting stock markets during typhoons and severe weather

The proposal will facilitate continued trading and "strengthen Hong Kong's position as a two-way gateway between the international and Mainland markets and consolidate our competitiveness as an ...

Posted on 07/06/2024

Is Hong Kong really over? Its govt disputes US economist’s controversial view

HK's economy can’t make comeback without China’s recovery, says Stephen Roach; but officials insist HK's future remains bright. Read more at straitstimes.com.

Posted on 07/06/2024

FWD Group revives Hong Kong IPO plans: Report

The plan to list FWD Group in Hong Kong has resurfaced, thanks to billionaire Richard Li, after previous attempts were thwarted by regulatory delays and market volatility, according to a Reuters ...

Posted on 07/06/2024

Sunwoda EV Battery Is Said to Explore Switching IPO to Hong Kong

Sunwoda Electric Vehicle Battery Co. is considering an initial public offering in Hong Kong instead of Shenzhen, according to people familiar with the matter, as Chinese companies grapple with slow ...

Posted on 07/06/2024

Hong Kong’s swift reply to Stephen Roach ‘reflects urgent need to rebut negative outlooks’

Insider says government's statistics-laden response deemed 'necessary', as experts note urgent need to counter 'smears' Hong Kong authorities' swift, statistics-laden response to an American economist ...

Posted on 06/06/2024

Hong Kong and China Gas Co Ltd’s Dividend Analysis

Hong Kong and China Gas Co Ltd (HOKCF) recently announced a dividend of $0.23 per share, slated for distribution on June 24, 2024, with the ex-dividend date set for June 6, 2024. As investors ...

Posted on 06/06/2024

Economist Stephen Roach says Hong Kong’s response to speech shows ‘worrisome sense of denial’

Government released lengthy statement in effort to counter claims by US-based economist after his talk in Hong Kong.

Posted on 06/06/2024

Chinese Move Billions to Hong Kong Banks, Seeking Higher Yields

HSBC Holdings Plc attracted more than 130,000 new bank customers in Hong Kong in the first quarter. Bank of China (Hong Kong) gained 200,000 new cross-border clients in 2023, while at Hang Seng Bank, ...

Posted on 06/06/2024

UBS: Investors Positive About HK IPOs; Financing Mkt Hoped to Improve in 2H24

UBS noted that while the number of Hong Kong IPOs since the beginning of the year has been small and the performance has been relatively negative, investors including sovereign fun... UBS noted that ...

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