World Bank chief David Malpass announced on Wednesday he would step down by the end of June from his position heading the development lender. "After a ...
Let’s Spy on the Industrial and Commercial Bank of China’s Charts
Like a balloon in the sky, this stock might be signaling the end of the 'reopening trade,' and weakness in Hong Kong and China. Both are not good, in my view.
Interactive Brokers Rolls Out BTC, ETH Trading to Professional Investors in Hong Kong
Mixed signals have come out of Hong Kong in recent months regarding its future regulatory environment for crypto. Its Financial Services and Treasury Bureau said in October that it was exploring ...
REPT Adds Credit Suisse to Arrange $1 Billion HK IPO, Sources Say
REPT Battero Energy Co. has added Credit Suisse Group AG to arrange its planned Hong Kong initial public offering, which could raise as much as $1 billion, according to people familiar with the matter ...
HKMA buys HK$14.87 bln from market as currency hits weak end of trading band
HONG KONG, Feb 15 (Reuters) - Hong Kong's de-facto central bank bought HK$14.868 billion ($1.894 billion) from the market in New York trading hours to stop the local currency weakening and breaking ...
China border reopening could be key 2023 driver as HSBC, Standard Chartered prepare to report annual results, analysts say
Standard Chartered will be the first of the city's three currency-issuing banks to update investors on its full-year performance on Thursday, followed by HSBC on February 21 and Bank of China (Hong ...
Hong Kong Dollar Traders Ignore HKMA to Stick With FX Carry Bets
The Hong Kong dollar has strengthened just 0.1% away from the weak end of its trading band with the greenback since the city’s de-facto central bank stepped in this week. Traders are looking through ...
UPDATE 1-HKMA buys HK$14.87 bln from market as currency trades at weak end of trading band
HONG KONG, Feb 15 (Reuters) - Hong Kong’s de-facto central bank bought HK$14.868 billion ($1.894 billion) from the market in New York trading hours to stop the local currency weakening and breaking ...
Investors fear disruption to the three-month rally in Hong Kong’s stock market has just started
Investors are beginning to question if the 7 per cent decline in the Hang Seng Index since January 27 has further ... versus a record US$19.4 billion in January The market rally in Hong Kong has come ...
After Winning Over Art Lovers, Tyfon Chases Investors With IPO
Tyfon Culture has filed for a Hong Kong IPO, generating fees from the high-margin brokerage business for contemporary Chinese art The contemporary art sector’s use of experts to verify authenticity, ...
Hong Kong pay-TV operator i-Cable gives up licence 6 years earlier than planned, as financial woes mount
Executive Council grants Hong Kong Cable Television, also known as Cable TV, permission to cease operations on June 1 Company says it plans to expand further into the local free-to-air TV market, ...
Hong Kong Exchanges and Clearing Ltd Signs Cooperation Agreement with Nanjing Financial Affairs Office
Hong Kong Exchanges and Clearing Limited (HKEX) and the Financial Affairs Office of Nanjing Municipal People’s Government (Nanjing FAO) signed a Memorandum of Understanding (MOU) “to strengthen ...
Hong Kong’s pay-TV operator Cable TV gives up licence 6 years earlier than planned as financial woes mount
Executive Council grants Hong Kong Cable Television, also known as Cable TV, permission to cease operations on June 1 Company says it plans to expand further into the local free-to-air TV market, ...
Amid merger and bankruptcy in the West, lidar maker Hesai nails $190M IPO
A rank of Chinese tech companies has delisted from the U.S. or sought secondary listings in Hong Kong as they get caught in rising tensions between the two major economies. Hesai is not immune from ...