Hong Kong’s central bank asked lenders to report their exposure to debt-laden China Evergrande Group on concern over potential systemic risks to the region’s financial system, according to people ... ( read original story ...)
Hong Kong asks banks to report exposure to Evergrande – Bloomberg
Hong Kong's central bank has asked lenders to report their exposure to debt-laden China Evergrande Group on concerns over potential systemic risks to the region's financial system, Bloomberg reported ... ( read original story ...)
Hong Kong banks have limited exposure to stressed Chinese developers – regulator
The risks to Hong Kong banks from heavily indebted Chinese property developers are manageable, a top executive at the city's banking regulator said on Tuesday. ( read original story ...)
Property, tech stocks power Hang Seng rally as China vows to maintain a healthy real estate market amid distress signs
Stocks show a promising start as risk appetite rebuild. China’s central bank vows to ensure a healthy property market, a sign authorities are ready to contain any fallout from Evergrande’s debt crisis ... ( read original story ...)
Alibaba, JD And Nio Rivals Xpeng, Li Auto Lead Hang Seng Higher, Evergrande Up 6% Even Amid Concerns Of Debt Crisis, China Power Crunch
JD.Com Inc. (NASDAQ: JD), Xpeng Inc. (NYSE: XPEV), Li Auto Inc. (NASDAQ: LI) and Tencent Holdings Inc. (OTC: TCEHY) ... ( read original story ...)
China, HK shares rise as real estate stocks jump on central bank promise
SHANGHAI: Chinese shares rose on Tuesday, led by real estate stocks, after the central bank pledged to protect consumers exposed to the housing market, while Hong Kong gained as property and tech ... ( read original story ...)
Understanding Hong Kong’s economic recovery
As clearly demonstrated by the "Report on Hong Kong's Business Environment," the U.S. attempt of any sort to destabilize the HKSAR and undermine its economy has failed. ( read original story ...)
Broncus raises nearly US$200M in HK IPO, but shares slide over 20% on first trading day
Broncus Holding Corp.’s shares tumbled more than 20% on its first trading day on Friday, Sept. 24, in Hong Kong. It raised HK$1.55 billion (US$199.1 million) at HK$18.70 a share, the top end of its ... ( read original story ...)
Medical Device Maker Broncus Gets Financial Breathing Room from IPO
Broncus Holding has raised $200 million from its Hong Kong IPO, giving it enough cash to fund its operations into early 2023 Investors are betting company ... ( read original story ...)
Huobi, OKG tumble in Hong Kong after China criminalises cryptocurrency trading to rein in financial risks
Cryptocurrency-related stocks bore the brunt of China’s latest regulatory squeeze which banned transactions to stop financial risks from spreading to society. ( read original story ...)
Hong Kong’s capital market posts best nine months since 1980 as Chinese companies redirect IPOs closer to home from New York
The capital market of Hong Kong is having its best nine months on record, as a flurry of Chinese companies redirected their fundraising exercises to the city from New York amid lingering US-China ... ( read original story ...)
Hong Kong stocks are cheapest against Chinese equities in a year amid Evergrande debt woes, regulatory storm
The 33 per cent discount that the Hong Kong shares of dual-listed companies have to their mainland China-traded stocks was the biggest since October 15 last year, according to a gauge compiled by Hang ... ( read original story ...)
Hong Kong stocks pare gains as China’s liquidity injection fails to inspire while crypto-linked firms sink on crackdown
Hong Kong stocks lost nearly all of its rally as China’s efforts to inject more liquidity into the banking system failed to spur risk appetite amid a liquidity crunch at Evergrande. Cryptocurrency ... ( read original story ...)
Hong Kong: Business environment stays positive, bouncing
Hong Kong's business atmosphere stayed positive and bouncing with unlimited chances, stated Paul Chan, financial secretary of the Hong Kong Special ... ( read original story ...)