Hong Kong Stock Market Tipped To Open In The Red

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 ...)

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 ...)

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 ...)