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Tag: finance

Posted on 22/01/2024

Hong Kong stocks extend slide to approach 15-month low as China banks hold lending rates, snubbing easing bets

There is no respite for investors in the new week as Chinese lenders keep their key corporate loan rates unchanged, snubbing expectations for easing to help shore up the economy.

Posted on 21/01/2024

ELS crisis deepens as Hong Kong index sags further

Losses inflicted on Korean investors from derivatives tracking the Hang Seng China Enterprises Index are swelling even faster than expected, as the notorious Hong Kong index has dipped further ...

Posted on 19/01/2024

Chinese Tungsten Miner to Tap CICC for Hong Kong Listing, Sources Say

Tungsten miner Jiaxin International Resources Investment Ltd. has selected China International Capital Corp. to help prepare for a potential initial public offering in Hong Kong that may take place as ...

Posted on 19/01/2024

Chinese Tungsten Miner Is Said to Tap CICC for Hong Kong Listing

Tungsten miner Jiaxin International Resources Investment Ltd. has selected China International Capital Corp. to help prepare for a potential initial public offering in Hong Kong that may take place as ...

Posted on 19/01/2024

‘Why is China down again?’ Bewildered Hong Kong-based funds ask BofA Securities to explain stock losses

The MSCI China Index may be off to its worst start since 2016, but some veteran China investors reckon that China’s economic fundamentals are not as bad as stock prices suggest, BofA Securities’ ...

Posted on 19/01/2024

ALB Hong Kong IPO Handbook 2024 | ALB香港首次公开上市手册2024

Asian Legal Business is proud to announce that 2024 edition of the well-reviewed Hong Kong IPO Handbook has been published. The ALB Hong Kong IPO Handbook 2024 provides guidance to companies on ...

Posted on 19/01/2024

Hong Kong Takes a Hit as a Financial Center. How China Played a Part.

Hong Kong isn’t exactly washed up as a hub for finance. But it is fading as a global financial center, thanks to China’s tighter political embrace.

Posted on 19/01/2024

How Digital Banks in Asia are Redefining Banking with Unique Business Models

Digital banks in Asia like Kakao, MyBank, Paytm, and ANEXT redefine banking with unique models, driving financial inclusion and innovation.

Posted on 19/01/2024

Hong Kong stocks rise for second day, trimming weekly loss with SMIC, AIA, BYD posting gains on valuation appeal

Stocks log a second day of gains as some investors are attracted to cheap valuation. Some funds remain wary of China’s outlook as policymakers refrain from injecting big stimulus to appease markets.

Posted on 19/01/2024

Tobacco should pay for Hong Kong health and deficit

Another tax rise needed as city struggles to reduce the number of smokers and improve its financial position Higher tobacco taxes may be coming the way of Hong Kong if authorities initiate another ...

Posted on 19/01/2024

Hong Kong securities watchdog puts virtual asset trading platforms Aramex and DIFX on alert list for suspected fraud

Trading platforms Aramex and DIFX alleged to have used social media and messaging apps to lure victims into investing cash.

Posted on 19/01/2024

Chinese stocks listed in Shanghai and Hong Kong have never been cheaper. Here’s why

A two-year sell-off has now spilled over into 2024, pushing one market valuation to an all-time low. Money managers and analysts say they are struggling to see an imminent turnaround.

Posted on 19/01/2024

Can Arc’teryx’s owner revive Chinese IPOs in America?

An exception is the €5.6bn ($6.3bn) purchase in 2019 of Amer, the Finnish owner of brands such as Arc’teryx, Salomon and Wilson, by a consortium led by Anta Sports, a Chinese rival to Adidas and Nike.

Posted on 18/01/2024

Meituan shares drop below its IPO price despite ongoing buybacks

Credit: Meituan Meituan continues to face pressure on its Hong Kong-listed shares, following a fall that has left shares worth less than its IPO price of HK$69 by Wednesday’s close, plunging the ...

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