The Legislative Council has passed a bill ordering the Hong Kong Jockey Club to pay an extra HK$12 billion in tax on its football betting earnings over the next five years to swell government coffers, ...
UBS to start Credit Suisse Asia investment banking job cuts in July
UBS will start cutting Asia investment banking jobs at Credit Suisse next month, three people with knowledge of the matter said, as the banks move towards integrating businesses.
UBS to start Credit Suisse Asia investment banking job cuts in July -sources
UBS will start cutting Asia investment banking jobs at Credit Suisse next month, three people with knowledge of the matter said, as the banks move towards integrating businesses. UBS completed its ...
Citic, JPMorgan Replacing CICC in Cainiao’s Hong Kong IPO, Sources Say
Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has seen a reshuffle in the banks that are preparing for its Hong Kong initial public offering, people familiar with ...
Hang Seng Expected To Open Under Pressure On Wednesday
The Hong Kong stock market has finished lower in back-to-back sessions, tumbling more than 430 points or 2.2 percent along the way.
Hong Kong stocks hit by worst sell-off in 4 weeks as Beijing disappoints market bulls while Nio jumps on fund purchase
Stocks slump for a third day, erasing more than US$61 billion of market value from Hang Seng Index’s members this week. Bets on China stimulus are unwinding as analysts cut their growth forecasts ...
Hong Kong government pressuring banks to accept crypto, Tradecurve to grow 100 percent.
The Financial Times reported on June 15 that HKMA questioned the U.K.-based firms as well as the Bank of China in a meeting that was held in May.
Hong Kong must embrace Middle East capital, mainland China culture, to bolster role as financial centre: industry leaders
Amid geopolitical tension between China and the US, Hong Kong needs to look beyond US markets and court the Middle East as a source of capital as it seeks to burnish its position as an international ...
Chinese dual-listed firms’ Hong Kong shares narrow discount gap with onshore stocks on lucrative valuations and US rate hike pause
The Hong Kong-traded shares of Chinese dual-listed companies have been closing the price gaps with their onshore peers, as distressed valuations and a pause in US interest rate hikes boost their ...
Hong Kong must embrace Middle East capital, mainland China culture, to bolster role as international financial centre
Amid US-China tensions, government 'urgently' needs a Middle East strategy, chairperson of the Chamber of Hong Kong Listed Companies says Finance sector must be boldly 'capitalistic' and also hang on ...
Hong Kong’s role as bridge between China and world ‘clearer, more essential’ amid rising geopolitical tensions, experts say at Post forum
Hong Kong 2023 point to trends in finance sector and technology as well as tertiary education Panel agrees that if Hong Kong aspires to ride Greater Bay Area development, it should prioritise flow of ...
Hong Kong, Shanghai lead Asia losses as China rate cut falls flat
Stocks in Hong Kong and Shanghai led losses across most of Asia on Tuesday as a smaller-than-forecast interest rate cut by China's central bank added to worries about the lack of action to kickstart ...
Carlyle-backed Chinese laboratory chain Adicon goes ahead with US$52 million Hong Kong IPO on third attempt
Adicon Clinical Laboratories, a mainland Chinese laboratory chain backed by Carlyle Group, is seeking to raise HK$409 million (US$52 million) from an initial public offering (IPO) in Hong Kong, ...
Hong Kong stock exchange debuts yuan-denominated shares as China speeds up push to internationalize its currency and replace the U.S. dollar
(Hong Kong, unlike China, has an open financial market with a freely-convertible local currency.) Yet Aguzin shared another benefit to HKEx’s new program: That it would “continue helping on the ...