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 ...
Harvest Capital’s Invested Xiao Caiyuan Files for Hong Kong IPO, Securing Top Spot in Mass Chinese Catering Market
On January 16, 2024, China's prominent consumer investment institution, Harvest Capital, invested enterprise Xiao Caiyuan (officially known as XIAOCAIYUAN INTERNATIONAL HOLDING LTD), officially ...
Hong Kong’s green tech hub goal: nurture start-ups, identify advantages and create talent pool, fintech body says
Public-private collaboration to fund start-ups, attract and nurture talent pool can help city achieve green tech, finance hub goal, FinTech Association of Hong Kong’s Sandeep Sethi says.
Hong Kong shares drop 3.7% and mainland China stocks tumble to near 5-year lows
The sell-off came after China reported that the economy grew 5.2% in the fourth quarter, slower than expected. Retail sales for December also missed expectations.
Hong Kong’s Callable Bull/Bear Contracts Create Forced Selling
Asian equities were a bloodbath as investors unwound risk assets as the reality of US interest rates staying “higher for longer” sets in with investors.
Hong Kong IPO pipeline grows as Chinese restaurant chain Xiaocaiyuan files listing application
Xiaocaiyuan operates more than 500 restaurants across China. The chain’s profit rose to 429 million yuan (US$60 million) in the first nine months of last year, compared with 207 million yuan a year ...
Hong Kong finance chief Paul Chan rules out capital gains tax for ‘foreseeable future’ for city
Introduction of a capital gains tax was just a suggestion brought up during the budget consultation period, Chan tells Post.
Hong Kong airport operator’s retail bonds take off on first day of sales, HSBC and BOCHK say
Airport Authority Hong Kong’s highly anticipated HK$5 billion (US$640 million) retail bonds attracted a huge response when subscriptions opened on Wednesday, banks and brokers said.
Hong Kong shares plunge 4%, mainland China stocks tumble to near 5-year lows
China's economy grew 5.2% in the three months ended December, slower than the 5.3% forecast in a Reuters poll. Retail sales for December also missed expectations.
Allied Banking Corporation migrates core banking operations to the cloud with Finastra
Allied continues 15 year relationship with Finastra, upgrading from Equation to Essence ...
Sensex, Nifty crash: HDFC Bank, China GDP miss, 3 other reasons behind market fall
Domestic stocks took a beating on Wednesday morning and banking shares seemed to be the only culprit, following HDFC Bank's mixed set of numbers. But if one looks beyond the domestic market, the ...
Alibaba, HSBC, AIA drag Hong Kong stocks to 14-month low as China’s growth trails forecasts, home prices fall by most since 2015
Stocks inflict further pain and losses for investors as more funds lose hopes on China reflation story. Growth in the final quarter of 2023 trails market consensus, while new home prices fall again.
Hong Kong stocks make biggest retreat in three months amid mixed China outlook as property gauge sinks
Hong Kong stocks declined for a third day before a key release of 2023 economic data that is expected paint a mixed picture for China’s recovery.
Hong Kong investment firm Ding Yi Feng’s plans to list mainland Chinese affiliate spooks investors, shares crash
Founder Sui Guangyi’s plans to list its Shenzhen affiliate on an international digital exchange have hit the shares of the Hong Kong-listed investment firm, which have lost nearly 50 per cent since ...