Chen joins DLA Piper as a partner from Linklaters in Hong Kong She focuses on energy project financing in Greater China and projects under China's Belt and Road Initiative The company and law firm ... ( read original story ...)
Hong Kong Q1 GDP down 4pct after deadly Omicron surge
The southern Chinese financial hub enjoyed four successive quarters of growth in 2021, recovering from a two-year recession prompted by social turmoil and the start of the pandemic. Hong Kong largely ... ( read original story ...)
HSBC’s biggest shareholder reignites debate about breaking up the bank
Hong Kong (CNN Business)HSBC has long prided itself on being the bank that connects East and West. Now it's under pressure to rethink that model after a challenge from its top shareholder, one of the ... ( read original story ...)
Bilibili seeks dual-primary listing in Hong Kong by October 3, as short video platform moves to bolster home ties
It did not provide more details about its IPO plan. Enoch joined the Post as a business reporter ... She is the author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top ... ( read original story ...)
Hong Kong stocks cling onto last week’s gains, HSBC jumps
Bank of China Hong Kong was the top gainer on the Hang Seng Index, up 4.71%, following strong results after market close on Friday. Markets in London and Hong Kong were closed on Monday for a holiday. ( read original story ...)
Hong Kong’s Exchange Fund posts US$7 billion quarterly loss amid ‘triple whammy’ hit from slumping stocks, bonds and a stronger US dollar
Hong Kong's Exchange Fund reported its third-biggest quarterly investment loss in nearly two decades, as the city's financial war chest suffered what the de facto central bank called a "triple ... ( read original story ...)
HSBC Shares Rise in Hong Kong as Top Holder Supports Split
(Bloomberg) -- HSBC Holdings Plc shares in Hong Kong rose after it emerged late Friday that the bank’s largest active investor would support a breakup of the lender on the basis that a separate ... ( read original story ...)
Hong Kong’s Exchange Fund posts US$7 billion quarterly investment loss amid ‘triple whammy’ hit from slumping stocks, bonds and a stronger US dollar
Hong Kong's financial markets remain "deep and liquid, so we can cope with these challenges," he said. The Exchange Fund, established to defend Hong Kong's currency peg with the US dollar, will have ... ( read original story ...)
Hong Kong Wealth Fund Hit By $7 Billion Quarterly Loss
(Bloomberg) -- Hong Kong’s wealth fund suffered a HK$55 billion ($7 billion) loss in the first quarter as stocks and bonds declined, opening a difficult year for the financial hub as it seeks to ... ( read original story ...)
Hong Kong police arrest 58 over online fraud totalling HK$51 million in losses, with HK$10 million love scam among cases
Most of the suspects were holders of bank accounts used to collect and launder money from a string of crimes New Territories South technology crime unit was set up in January amid a 265 per cent rise ... ( read original story ...)
HSBC shares rise as markets warm up to break-up proposal by top shareholder
SINGAPORE/HONG KONG (Reuters) -Shares in HSBC Holdings gained on Tuesday after its largest shareholder, Chinese insurance giant Ping An, urged a break-up of the London-headquartered bank in a bid to ... ( read original story ...)
Alibaba, JD.com, Xiaomi slide in Hong Kong while HSBC and Ping An advance amid calls to split bank’s Asian operations
Wild swings seen in prices of Chinese tech stocks following a massive rally on Friday amid speculation about an end to sector crackdown HSBC and Ping An Insurance jump amid reports calling for a break ... ( read original story ...)
Hong Kong stocks rise as Alibaba slips; Australia hikes interest rate
Alibaba and the Jack Ma Foundation did not immediately respond to a request for comment. U.K.-based bank HSBC's stock in Hong Kong rose 1.85%. On Friday, Reuters reported HSBC's top shareholder ... ( read original story ...)
HSBC shares edge up after top shareholder urges bank’s break-up
SINGAPORE, May 3 (Reuters) - Shares in HSBC Holdings rose in Hong Kong trade on Tuesday after its largest shareholder, Chinese insurance giant Ping An (601318.SS), called for a break-up of the ... ( read original story ...)