The big China deals that lined rainmakers’ pockets for decades have evaporated. Banks and law firms alike are cutting jobs. Those that remain are chasing smaller deals and taking extended vacations.
Hong Kong stock exchange operator HKEX launches digital IPO platform FINI as listings drop to two-decade low
Bourse operator HKEX launched a new digital platform for IPOs, which is expected to speed up settlements and reduce investor risks.
Hong Kong stocks give up earlier gains to close lower as mainland Chinese traders’ sell-off of local shares dampens sentiment
Stocks rally after China’s central bank set the yuan reference rate above expectations, lifting the currency to a four-month high. Gains are also supported by earnings outlook before Baidu and ...
Art Basel Hong Kong paints rosier picture as 242 galleries sign up for 2024 fair after downscaling for 2 years amid Covid pandemic
Organisers behind city's mega art fair say event will be held at Hong Kong Convention and Exhibition Centre from March 28 to 30 'Our goal is to connect guests from all around the world in our home, ...
Art Basel Hong Kong paints rosier picture as 242 galleries sign up for 2024 fair after downscaling amid Covid pandemic
Organisers behind city's mega art fair say event will be held at Hong Kong Convention and Exhibition Centre from March 28 to 30 'Our goal is to connect guests from all around the world in our home, ...
More positive steps needed to improve Hong Kong-US ties, sanctions have affected efforts to promote city, John Lee says
City leader Lee on Tuesday also said he despised the "unreasonable" sanctions on him, but stressed that Hong Kong would play an active role in fulfilling the agreements struck between Chinese ...
Bank of China HK disables screen capture, recording on Android apps
This was due to a rise of malware scams. Bank of China Hong Kong (BOCHK) is disabling screen capture and recording functions on Android devices for its personal and corporate mobile banking amidst ...
Hong Kong’s GEM board needs more radical reform as proposed changes fail to address IPO drought, industry players say
High fundraising costs, a lengthy vetting process and uncertainties about approvals have turned smaller firms away from Hong Kong's moribund secondary board Bankers and brokers call for more radical ...
IPO pipeline welcomes some profitable companies, raising hopes for a rebound
The U.S. initial public offering calendar is empty this holiday-shortened week, but some recent additions to the pipeline suggest December could be livelier and welcome deals from some profitable, ...
New twist to Hong Kong dog meat sales scam as police find buyers of other products cheated, including man duped out for HK$415,000 over HK$25 instant noodles
Police say scammers deceived customers buying other products by urging them to download Android app for placing orders which allowed them to control users' phones Man responded to instant noodle ...
Disneyland’s $60B expansion means parks in Hong Kong and Shanghai are only getting bigger
Hong Kong Disneyland has opened its first Frozen-themed attraction, with thousands of eager visitors turning up to experience the new rides. Based on Disney’s wildly popular Frozen animation film, it ...
Latest Hang Seng Index Forecast Amid Multiple Tailwinds
Hang Seng Index is gaining strength after a sharp decline last week. The index gained 323 points on Monday while also attempting a breakout ...
HSBC on track to meet China wealth hiring target despite economic headwinds
HSBC is on track to meet a target of expanding its China wealth business headcount to 3,000 by 2025, despite the country's current economic headwinds, as it bets on a steadily rising number of the ...
Hang Seng Index, ASX 200, Nikkei 225 Forecast: Asian Stocks Rise on Stimulus Hopes and Tech Watchfulness
Investors eye the Reserve Bank of Australia's minutes and Federal Reserve cues as Asian indices, including the Hang Seng, show resilience.