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Tag: finance

Posted on 09/10/2022

US says Hong Kong risks reputation over yacht linked to Putin ally

Hong Kong could damage its reputation as a financial hub if it gives haven to sanctions dodgers, the United States cautioned Saturday (Oct 8), after the city said it would not act against a superyacht ... ( read original story ...)

Posted on 08/10/2022

Explainer: Hong Kong Chief Executive John Lee’s first 100 days in office

Proclaiming that Hong Kong had managed to “restore order from chaos” since the enactment of the Beijing-imposed national security law, the new chief executive inherited a “patriots-only” legislature ... ( read original story ...)

Posted on 08/10/2022

MSCI Solicits China A Share Feedback, Hong Kong Shorts Press Again, Week In Review

Asian equities were off overnight on light volumes as Fed tightening fears reignited though the region posted gains for the week. ( read original story ...)

Posted on 08/10/2022

China finance ministry to issue an extra 5.5 bln yuan of treasury bonds in Hong Kong

China's finance ministry said on Thursday that it will issue an additional 5.5 billion yuan ($773.18 million) worth of yuan-denominated sovereign bonds in Hong Kong on Oct. 12. ( read original story ...)

Posted on 07/10/2022

Hong Kong says it does not enforce sanctions imposed by other countries after superyacht linked to under-fire Russian billionaire arrives

Officials say the city has no obligation to enforce US, EU and UK sanctions after superyacht linked to Russian billionaire drops anchor off Hong Kong But legal experts warn that secondary action could ... ( read original story ...)

Posted on 07/10/2022

Hong Kong forex reserves at $419.2 billion at end-Sept – HKMA

Reuters. FILE PHOTO: Hong Kong 100 dollar banknotes are displayed during an exhibition at HSBC headquarters in Hong Kong, China January 20, 2016. REUTERS/Bobby Yip Oct 7 (Reuters) - Hong Kong's ... ( read original story ...)

Posted on 07/10/2022

Hong Kong’s U-turn on quarantine is a sign Beijing still needs its gate to the West

then Hong Kong will quickly lose its international financial status,” said Vera Yuen, a lecturer of economics at HKU, “You have to have enough firms, enough talent, resources that come ... ( read original story ...)

Posted on 07/10/2022

Vice-president of Hong Kong-listed company conned out of more than HK$16 million in cryptocurrency investment scam

Woman, 56, poured savings and a HK$5.5 million bank loan into investment on advice of bogus expert Investigation under way on identity of holders of eight e-wallet accounts the money was channelled ... ( read original story ...)

Posted on 07/10/2022

Adult Performers File Allegedly Leaked Offshore Bank Records in OnlyFans-Meta Bribery Suit

OnlyFans bribed Meta executives to blacklist rivals in the online porn industry, according to adult performers who say they were leaked bank records. ( read original story ...)

Posted on 06/10/2022

Climate and sustainability: Hong Kong bourse says one-size-fits-all approach not desirable when it comes to disclosure standards

It would be irresponsible for us to force firms to prepare disclosures that they don't have bandwidth for, HKEX executive says Impact of ESG often hard to translate into financial figures, CLP ... ( read original story ...)

Posted on 06/10/2022

Hong Kong stocks slip on China concerns after sharp rally

The sub-index of the Hang Seng tracking energy shares climbed 0.5% and the Hong Kong property sector edged up 0.09%, while the IT sector dipped 0.61% and the financial sector slid 0.34% ** The top ... ( read original story ...)

Posted on 06/10/2022

China Finance Ministry to Issue an Extra 5.5 Billion Yuan of Treasury Bonds in Hong Kong

HONG KONG (Reuters) - China's finance ministry said on Thursday that it will issue an additional 5.5 billion yuan ($773.18 million) worth of yuan-denominated sovereign bonds in Hong Kong on Oct. 12. ( read original story ...)

Posted on 06/10/2022

Hong Kong stocks pare best rally in 5 months as Goldman sees bigger slide in home prices, CALB slips below IPO price

Chinese electric-car battery maker CALB opened flat on its first day of trading in Hong Kong. The stock opened unchanged from its IPO price of HK$38, before changing hands recently 1.4 per cent lower ... ( read original story ...)

Posted on 06/10/2022

Battery Maker CALB Opens Flat After $1.3 Billion Hong Kong IPO

It capped the biggest first-day decline on record for a listing of that size or bigger in the city. IPO proceeds in Hong Kong are down nearly 75% for the year, and half of the 18 companies that listed ... ( read original story ...)

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