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Tag: finance

Posted on 09/06/2023

Mannings collaborates with the The Hub Hong Kong to raise HK$2M Improving nutrition and wellbeing of unprivileged children

Mannings joins forces with The Hub Hong Kong to launch a charity campaign aimed at enhancing the health of thousands of children from impoverished families.

Posted on 09/06/2023

China stocks flat ahead of consumer price data; Hong Kong shares down

China stocks were roughly flat as sector performances were mixed, and Friday's consumer price data was in focus. Hong Kong stocks fell after a surprise interest rate hike by Bank of Canada revived ...

Posted on 08/06/2023

Lawmakers Blast US Plans To Include Hong Kong’s Sanctioned Leader At Summit

A bipartisan group of United States lawmakers including Florida Senator Marco Rubio has urged Joe Biden's administration to "prohibit" Hong Kong's sanctioned leader from attending an annual Pacific ...

Posted on 08/06/2023

Hong Kong’s IPO market set for slow recovery, with 2023 fundraising seen surpassing 2022 but falling well short of 2021

PwC Hong Kong estimates that around 100 companies will list in Hong Kong in 2023, with total funds raised as high as US$21.7 billion Mainland China's exchanges expected to lead the world in IPOs again ...

Posted on 08/06/2023

Hong Kong stocks rattled by interest rate concerns and higher oil prices with economic woes continuing to swirl

Hong Kong stocks start on a weak footing as interest rate concerns swirl after surprise rate increases by Canada and Australia this week and ahead of US inflation data and Federal Reserve’s decision ...

Posted on 08/06/2023

Hang Seng Bank and Qianhai joint-venture mutual fund to launch 2 fixed-income products to tap cross-border opportunities in China

Hang Seng Qianhai Fund Management, a joint-venture of Hang Seng Bank and local authorities in Shenzhen Qianhai, is launching more diverse products to capture cross-border opportunities in China, ...

Posted on 08/06/2023

Hong Kong’s MTR Corp to raise fines for passengers abusing HK$2 ticket scheme for elderly; authorities to crack down on misuse

MTR Corp to boost ticket inspection as part of citywide joint enforcement operation to combat abuse, labour chief Chris Sun says.

Posted on 07/06/2023

Wanda Unit Seeking Hong Kong IPO Asked to Explain Its Business

China’s top securities regulator has asked a Dalian Wanda Group Co. Ltd. subsidiary seeking a Hong Kong IPO to provide more information about its business and its connections to shareholders. The ...

Posted on 07/06/2023

Hong Kong virtual bank Ping An OneConnect to expand lending to retail SMEs to capture post-Covid growth opportunities, CEO says

Ping An OneConnect Bank, the Hong Kong virtual lender indirectly owned by Ping An Insurance, plans to increase lending to SMEs in the retail sector to capture growth opportunities in the post-Covid-19 ...

Posted on 07/06/2023

Accounts of Hong Kong opposition party members terminated by HSBC and other banks, League of Social Democrats says

Four members of the pro-democracy League of Social Democrats (LSD) party have seen their personal bank accounts terminated by Hong Kong’s HSBC, Hang Seng Bank and the Bank of China, the party has said ...

Posted on 07/06/2023

Hong Kong stocks approach 2-week high as JPMorgan, Deutsche Bank, Daiwa chime in on China policy stimulus bets

Deutsche Bank, and Daiwa expect Beijing to deliver policy support, stronger measures to shore up growth, counter negative sentiment loop Hong Kong stocks approached the highest level in two weeks amid ...

Posted on 07/06/2023

Hong Kong permanently suspends Wansom’s Xie Yangxiong

Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has banned the owner of two financial firms from re-entering the industry for life after he was convicted of multiple ...

Posted on 07/06/2023

Hong Kong to allow lenders from Qatar, UAE to advise on local banking sector in a boost to financial ties with Middle East

Hong Kong is set to allow banks from Qatar, the UAE and Liechtenstein to advise on industry issues in the city, a step that will enhance collaboration especially between Hong Kong and the Middle East.

Posted on 06/06/2023

Hong Kong opposition party protests after HSBC shuts accounts

One of Hong Kong's last remaining opposition parties staged a rare protest Tuesday outside the headquarters of HSBC after the global banking giant closed its accounts. Another Hong Kong lender, Hang ...

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