Tag: finance

The recent slump in video streaming giant Kuaishou Technology’s shares has awoken investors to the risk of expiring lockups for Hong Kong’s newly-listed stocks. ( read original story ...)

HSBC Holdings Plc agreed to buy AXA Singapore for $575 million in a push to build a global wealth hub in Singapore and fuel its expansion across Southeast Asia amid increasing tension in China. “This ... ( read original story ...)

China's central bank said on Monday it will auction two tranches of yuan-denominated bills in Hong Kong on August 20, as part of efforts to improve the yield curve in the city for the Chinese currency ... ( read original story ...)

Virtual banks, also called neobanks, primarily deliver retail banking services through the internet or other electronic channels instead of physical branches ... ( read original story ...)

Private expenditure experienced a 1½-year contraction but continues to improve since the beginning of 2021, financial secretary says. ( read original story ...)

Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said on Sunday that Hong Kong's economy will continue to improve with the support of the motherland's ... ( read original story ...)

The exodus from Hong Kong is very real. Estimates put the number of Hongkongers departing the city at 1,000 a day. More than 15,000 students have dropped out of the local educational system - though ... ( read original story ...)

Washington's acts of bullying and interference in the city's affairs are intensifying, Paul Chan wrote.. Read more at straitstimes.com. ( read original story ...)

Immigration consultants and analysts warn number leaving could be on rise under new paths offered by countries including Britain and Canada. ( read original story ...)

Beijing: Initial public offerings are coming thick and fast in mainland China, with Shanghai set to host the world’s two biggest listings this year as domestic investors look past the government’s ... ( read original story ...)

The first sign that Hong Kong home prices have reached new highs has emerged. The closely watched Centa-City Leading Index (CCL) has broken the previous record set two years ago as the economy ... ( read original story ...)

Record numbers of Hong Kongers are emigrating, reducing the city's population by almost 3% in just 18 months. Hong Kong's population fell by a record 1.2% over the course of the last year, according ... ( read original story ...)

Hong Kong's securities regulator in a joint operation with the Independent Commission Against Corruption (ICAC), has arrested five individuals from a listed company for alleged corruption under the ... ( read original story ...)

Two Hong Kong teenagers have been sent to a training centre for setting fire to three Bank of China ATMs last year. The District Court heard Jimmy Wan Kai-fai and Lau Wai-ho, who at the time were aged ... ( read original story ...)