The city’s targets for reducing emissions fall short of what is recommended to ensure global temperatures rise no more than 1.5 degrees Celsius, according to an NGO. ( read original story ...)
Hong Kong Market rebounds on Fed decision, China rate-cut hopes
At closing bell, the benchmark Hang Seng Index declined 0.91%, or 215.19 points, to 23,420.76. The Hang Seng China Enterprises Index dropped 0.9%, or 75.70 points, to 8,342.91. ( read original story ...)
Hong Kong shares rise as upbeat Fed outlook boosts global risk mood
Hong Kong shares rose on Thursday after an upbeat economic outlook from the U.S. Federal Reserve boosted global risk sentiment, while the healthcare sector jumped more than 3% to snap a four-day slump ... ( read original story ...)
Chervon launches $402m Hong Kong IPO
China-based tool manufacturer Chervon Holdings has hit the road with an up to HK$3.1bn ($401.8m) IPO. It is floating 71.9m primary shares, or 15% of its enlarged share capital, on the Hong Kong Stock ... ( read original story ...)
Hong Kong: College launches finance seminar
The Civil Service College today launched the "Expert Round Table for Economic Development" seminar series in collaboration with the Academy of Finance. The inaugural seminar took place in the Civil ... ( read original story ...)
The night is always young in Hong Kong
That has obviously been hard to do over the past two years, particularly for those in Hong Kong, who have long treated the city as a base for travelling but have been loathe to put themselves through ... ( read original story ...)
SenseTime plans Hong Kong IPO relaunch Monday: Sources
Chinese artificial intelligence startup SenseTime Group plans to keep its Hong Kong initial public offering (IPO) at $767 million as it considers re-launching the withdrawn deal as early as Monday, ... ( read original story ...)
Hong Kong’s home prices to fall in 2022 as stock market slump creates ‘negative wealth effect’, Morgan Stanley says, marking a halt in city’s decade-long real estate …
Morgan Stanley expects Hong Kong's 2022 home prices to fall by 2 per cent, going against the market's consensus of gains between 3 and 10 per cent Sales volume of lived-in homes may contract by 15 per ... ( read original story ...)
SenseTime Weighs Reopening Hong Kong IPO Orders Monday, Sources Say
Chinese artificial intelligence firm SenseTime Group Inc. is considering reopening orders for its Hong Kong initial public offering as soon as Monday, according to people familiar with the matter, ... ( read original story ...)
Credit Suisse Joins Rivals in Reimbursing Hong Kong Quarantine
Credit Suisse Group AG is the latest global bank offering Hong Kong employees compensation to cover the cost of mandatory hotel quarantine upon returning to the city that implements one of the world’s ... ( read original story ...)
HKMA: HK Banking System Has Ample Liquidity; HKD Exchange Rate, Interest Rates Steady
After the US Fed FOMC meeting closed, the HKMA responded that as high inflation persisted and employment continued its solid growth in the US, the Fed announced further reducing asset purchases, and ... ( read original story ...)
Hong Kong’s Tybourne to Shut $2.8 Billion Hedge Fund
Tybourne Capital Management is shutting its $2.8 billion hedge fund, retreating from bearish bets that have become increasingly difficult to make money from, said people with knowledge of the ... ( read original story ...)
Companies Caught in Middle of China-U.S. Spat Retreat to Hong Kong
Hello, it’s Manuel here in Hong Kong—welcome to the Bloomberg Deals newsletter. Today I’m recapping the problems for firms that want to sell shares to both U.S. and Chinese investors. There’s also ... ( read original story ...)
Mainland, Hong Kong remain the most active regions in the world for IPOs in 2021: report
The Chinese mainland and Hong Kong Special Administrative Region remained the most active regions in the world for IPOs in 2021, accounting for 25 percent and 28 percent of the world’s total by the ... ( read original story ...)