The Hong Kong stock market rebounded on Monday, one session after it had halted the two-day winning streak in which it had spiked more than 1,220 points or 4 percent. The Hang Seng Index now rests ... ( read original story ...)
HSBC’s profit jumps as pandemic provisions recede
HSBC Holdings PLC’s net profit rose in the second quarter as the London-based lender reduced provisions for bad loans caused by the economic fallout from the coronavirus pandemic. The banking giant, ... ( read original story ...)
Hong Kong’s New Risk Tiers; IMF Approves Aid: Virus Update
Seventy percent of U.S. adults have received at least one dose of a Covid-19 vaccine, a key milestone in the fight against the pandemic that comes almost a month later than President Joe Biden’s ... ( read original story ...)
Hong Kong police arrest 824, seize records detailing HK$3.6 billion worth of bets in illegal gambling busts around Euro 2020
Police say operations racked up most arrests, largest amount of money seized in relation to illegal gambling in 10 years. ( read original story ...)
HK now stronger financial hub – China
One year after the introduction of the national security law in Hong Kong, the international financial hub has retained, if not enhanced, its global appeal with ... ( read original story ...)
Hang Seng Bank First-Half Net Profit Fell 4%
Hang Seng Bank Ltd. said its net profit for the first half fell 4%, as the Covid-19 pandemic continued to weigh on the global economy. Net profit was 8.77 billion Hong Kong dollars (US$1.13 billion), ... ( read original story ...)
Billionaire-Founded Glass Supplier To Apple And Samsung Files For Hong Kong IPO
Biel Crystal Holdings did not disclose further details of the IPO in its filing to the city’s stock exchange on Friday, although various reports say the company is planning to raise about $2 billion. ( read original story ...)
NetEase’s Cloud Village approved for Hong Kong IPO
Cloud Village Inc, the music streaming unit of NetEase, was approved by the Hong Kong Stock Exchange to go public. ( read original story ...)
MOVES-Deutsche Bank hires Chang in Hong Kong business – memo
Deutsche Bank has hired former Orient Securities executive Albert Chang in Hong Kong, according to a memo seen by Reuters, as the European lender rebuilds its equity capital markets operation in Asia. ( read original story ...)
Bank of America – NetEase’s Cloud Village music arm gets the nod for Hong Kong IPO, a shot in the arm for a
Find the latest Bank of America Corporation (BAC) stock quote, history, news and other vital information to help you with your stock trading on FintechZoom. ( read original story ...)
NetEase Cloud Music Gets Nod for Hong Kong IPO
NetEase Cloud Music, China’s second-largest music streaming service, has been given the green light to proceed with an initial public offering on the Hong Kong market. The Hong Kong Stock Exchange ... ( read original story ...)
Chinese AI Unicorn 4Paradigm Prepares to Go Public in Hong Kong
Chinese artificial intelligence unicorn Beijing Wusi Chuangxiang Technology, valued at USD2 billion last year, is getting ready for an initial public offering in Hong Kong. The firm, which trades as ... ( read original story ...)
NetEase’s Cloud Village music arm gets the nod for Hong Kong IPO, a shot in the arm for a dawdling market after a quiet July
Cloud Village, the music streaming subsidiary of NetEase, has moved a step closer to its Hong Kong initial public offering (IPO) after winning the approval from the city bourse’s listing committee ... ( read original story ...)
Bank of China Limited, Hong Kong Branch — Moody’s assigns A1 rating to MTN drawdowns by two branches of Bank of China
Moody's assigns A1 rating to MTN drawdowns by two branches of Bank of ChinaRead the full article at Moody's ... ( read original story ...)